Farmers & Merchants Bancorp (FMAO) Stock Price, News & Analysis

Company Overview

Farmers & Merchants Bancorp, Inc. is a bank holding company, which engages in the provision of commercial banking, retail banking, and financial services. It includes commercial, agricultural, and residential mortgages as well as consumer and credit card lending activities. The firm also offers checking account services, and savings and time deposit services. The company was founded in 1985 and is headquartered in Archbold, OH.

Key Stats

• Today's Range: $24.01 to $24.30
• 50-Day Range: $23.31 to $27.77
• 52-Week Range: $19.65 to $34.15
• Volume: 11,580 shs
• Average Volume: 25,819 shs
• Market Capitalization: $330.86 million
• P/E Ratio: 12.71
• Dividend Yield: 3.64%
• Price Target: $24.00
• Consensus Rating: Hold

Farmers & Merchants Bancorp Stock Analysis - MarketRank™

Farmers & Merchants Bancorp scored higher than 42% of companies evaluated by MarketBeat, and ranked 722nd out of 950 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.0 / 5
• Analyst Rating: Hold

Consensus Rating

Farmers & Merchants Bancorp has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Farmers & Merchants Bancorp has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 10.99%

Earnings Growth

Earnings for Farmers & Merchants Bancorp are expected to grow by 10.99% in the coming year, from $1.82 to $2.02 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Farmers & Merchants Bancorp is 12.71, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 22.55.

Price to Earnings Ratio vs. Sector

The P/E ratio of Farmers & Merchants Bancorp is 12.71, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 22.65.

Price to Book Value per Share Ratio

Farmers & Merchants Bancorp has a P/B Ratio of 1.04. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

0.82% of the float of Farmers & Merchants Bancorp has been sold short.

Short Interest Ratio / Days to Cover

Farmers & Merchants Bancorp has a short interest ratio ("days to cover") of 5.4.

Change versus previous month

Short interest in Farmers & Merchants Bancorp has recently increased by 10.34%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 5.0 / 5
• Dividend Strength: Strong

Dividend Leadership

Farmers & Merchants Bancorp is a leading dividend payer. It pays a dividend yield of 3.65%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Farmers & Merchants Bancorp has been increasing its dividend for 19 years.

Dividend Coverage

The dividend payout ratio of Farmers & Merchants Bancorp is 46.32%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Farmers & Merchants Bancorp will have a dividend payout ratio of 43.56% next year. This indicates that Farmers & Merchants Bancorp will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.82% of the float of Farmers & Merchants Bancorp has been sold short.

Short Interest Ratio / Days to Cover

Farmers & Merchants Bancorp has a short interest ratio ("days to cover") of 5.4.

Change versus previous month

Short interest in Farmers & Merchants Bancorp has recently increased by 10.34%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.2 / 5
• News Sentiment: 1.03

News Sentiment

Farmers & Merchants Bancorp has a news sentiment score of 1.03. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for Farmers & Merchants Bancorp this week, compared to 1 article on an average week.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Farmers & Merchants Bancorp insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 7.30% of the stock of Farmers & Merchants Bancorp is held by insiders.

Percentage Held by Institutions

Only 23.96% of the stock of Farmers & Merchants Bancorp is held by institutions.

FMAO Stock Analysis - Frequently Asked Questions

How have FMAO shares performed this year?

Farmers & Merchants Bancorp's stock was trading at $29.45 on January 1st, 2025. Since then, FMAO stock has decreased by 18.0% and is now trading at $24.15.
View the best growth stocks for 2025 here.

How were Farmers & Merchants Bancorp's earnings last quarter?

Farmers & Merchants Bancorp, Inc. (NASDAQ:FMAO) announced its quarterly earnings data on Wednesday, February, 12th. The financial services provider reported $0.61 EPS for the quarter, beating analysts' consensus estimates of $0.48 by $0.13. Farmers & Merchants Bancorp had a net margin of 14.48% and a trailing twelve-month return on equity of 7.97%.

When did Farmers & Merchants Bancorp's stock split?

Shares of Farmers & Merchants Bancorp split on the morning of Thursday, September 21st 2017. The 2-1 split was announced on Friday, August 18th 2017. The newly issued shares were issued to shareholders after the market closes on Wednesday, September 20th 2017. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

Who are Farmers & Merchants Bancorp's major shareholders?

Top institutional investors of Farmers & Merchants Bancorp include Vanguard Group Inc. (4.76%), The Manufacturers Life Insurance Company (2.21%), Geode Capital Management LLC (2.11%) and Dimensional Fund Advisors LP (1.19%). Insiders that own company stock include David P Vernon, Jo Ellen Hornish, Steven J Planson, Eugene N Burkholder, David R Gerken and Ian D Boyce.
View institutional ownership trends.

How do I buy shares of Farmers & Merchants Bancorp?

Shares of FMAO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Farmers & Merchants Bancorp own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Farmers & Merchants Bancorp investors own include American Water Works (AWK), Waste Connections (WCN), The RMR Group (RMR), AUO (AUOTY), DiamondRock Hospitality (DRH), iShares Micro-Cap ETF (IWC) and Voyager Therapeutics (VYGR).

Company Calendar

• Record date for 1/20 Dividend: 12/27/2024
• Ex-Dividend for 1/20 Dividend: 12/27/2024
• Dividend Payable: 1/20/2025
• Last Earnings: 2/12/2025
• Today: 3/29/2025
• Record date for 4/20 Dividend: 4/04/2025
• Ex-Dividend for 4/20 Dividend: 4/04/2025
• Next Earnings (Estimated): 4/15/2025
• Dividend Payable: 4/20/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: Federal savings institutions
• Sub-Industry: Banking
• Current Symbol: NASDAQ:FMAO
• CIK: 792966
• Web: www.fm.bank
• Phone: (419) 446-2501
• Fax: N/A
• Employees: 430
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $24.00
• High Stock Price Target: $26.00
• Low Stock Price Target: $22.00
• Potential Upside/Downside: -0.6%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $1.90
• Trailing P/E Ratio: 12.71
• Forward P/E Ratio: 13.27
• P/E Growth: N/A
• Net Income: $25.94 million
• Net Margins: 14.48%
• Pretax Margin: 16.48%
• Return on Equity: 7.97%
• Return on Assets: 0.78%

Debt

• Debt-to-Equity Ratio: 0.78
• Current Ratio: 0.99
• Quick Ratio: 0.99

Sales & Book Value

• Annual Sales: $98.90 million
• Price / Sales: 3.35
• Cash Flow: $1.85 per share
• Price / Cash Flow: 13.02
• Book Value: $23.16 per share
• Price / Book: 1.04

Miscellaneous

• Outstanding Shares: 13,700,000
• Free Float: 12,636,000
• Market Cap: $330.86 million
• Optionable: Optionable
• Beta: 0.67