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Farmers & Merchants Bancorp Q1 2023 Earnings Report

Farmers & Merchants Bancorp logo
$29.92 +0.46 (+1.56%)
(As of 12/20/2024 05:31 PM ET)

Farmers & Merchants Bancorp EPS Results

Actual EPS
$0.48
Consensus EPS
$0.57
Beat/Miss
Missed by -$0.09
One Year Ago EPS
N/A

Farmers & Merchants Bancorp Revenue Results

Actual Revenue
$25.86 million
Expected Revenue
$26.40 million
Beat/Miss
Missed by -$540.00 thousand
YoY Revenue Growth
N/A

Farmers & Merchants Bancorp Announcement Details

Quarter
Q1 2023
Time
N/A
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Farmers & Merchants reports Q3 EPS 48c, consensus 41c
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About Farmers & Merchants Bancorp

Farmers & Merchants Bancorp (NASDAQ:FMAO) operates as the bank holding company for The Farmers & Merchants State Bank that provides commercial banking services to individuals and small businesses in Northwest Ohio and Northeast Indiana. The company offers checking, savings, and time deposit accounts; certificates of deposit; and custodial services for individual retirement and health savings accounts. It also provides commercial, agricultural, and residential mortgage, as well as consumer lending products; loans for farmland, farm equipment, and livestock; operating loans for seeds, fertilizers, and feeds; home improvement loans; and loans for autos, trucks, recreational vehicles, and motorcycles. In addition, the company offers commercial real estate loans, such as lines of credit and machinery purchase loans. Further, it provides automated teller machine or interactive teller machine services; and online and mobile banking, bill-pay, on-line statement opportunities, and remote deposit capture or electronic deposit processing. Additionally, the company offers electronic transaction origination, such as wire and automated clearing house file transmittal services. Farmers & Merchants Bancorp, Inc. was founded in 1897 and is headquartered in Archbold, Ohio.

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