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NASDAQ:FMAO

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

Farmers & Merchants Bancorp logo
$36.42 -0.69 (-1.86%)
Closing price 10/30/2026 04:00 PM Eastern
Extended Trading
$36.46 +0.03 (+0.10%)
As of 10/30/2026 07:31 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

About Farmers & Merchants Bancorp Stock (NASDAQ:FMAO)

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Key Stats

Today's Range
$36.41
▼
$37.27
50-Day Range
$33.68
▼
$37.11
52-Week Range
$22.91
▼
$37.60
Volume
48,870 shs
Average Volume
51,684 shs
Market Capitalization
$501.14 million
P/E Ratio
11.93
Dividend Yield
2.64%
Price Target
$33.75
Consensus Rating
Moderate Buy

Company Overview

Farmers & Merchants Bancorp, Inc. is a bank holding company headquartered in Archbold, Ohio. Founded in 1897, the company operates through its principal subsidiary, The Farmers & Merchants State Bank, a community bank serving individuals, families, farmers and businesses.

The bank offers a range of traditional financial services, including checking and savings accounts, certificates of deposit, consumer and residential mortgage loans, commercial lending, agricultural loans and other business banking products. It also provides online and mobile banking services, along with treasury management and related financial solutions.

Farmers & Merchants State Bank serves communities primarily in northwest Ohio and neighboring areas of southeast Michigan and northeast Indiana through its branch network and digital banking channels. The company focuses on relationship-based banking and supporting the financial needs of the local households and businesses in its service areas.

AI Generated. May Contain Errors.

Farmers & Merchants Bancorp Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
79th Percentile Overall Score

FMAO MarketRank™: 
3.9260127654 of 5 stars

Farmers & Merchants Bancorp scored higher than 79% of companies evaluated by MarketBeat, and ranked 339th out of 862 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Farmers & Merchants Bancorp has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 strong buy rating, no buy ratings, 3 hold ratings, and no sell ratings.

  • Downside Risk

    Farmers & Merchants Bancorp has a consensus price target of $33.75, representing about 7.3% downside from its current price of $36.42.

  • Amount of Analyst Coverage

    Farmers & Merchants Bancorp has only been the subject of 3 research reports in the past 90 days.

  • Read more about Farmers & Merchants Bancorp's stock forecast and price target.
  • Earnings Growth

    Earnings for Farmers & Merchants Bancorp are expected to grow by 5.90% in the coming year, from $3.22 to $3.41 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Farmers & Merchants Bancorp is 11.93, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 26.49.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Farmers & Merchants Bancorp is 11.93, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 19.31.

  • Price to Book Value per Share Ratio

    Farmers & Merchants Bancorp has a P/B Ratio of 1.30. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    1.68% 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 5.73.
  • Change versus previous month

    Short interest in Farmers & Merchants Bancorp has recently decreased by 7.86%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Farmers & Merchants Bancorp pays a meaningful dividend of 2.59%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

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

  • Dividend Coverage

    The dividend payout ratio of Farmers & Merchants Bancorp is 30.87%. 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 28.15% next year. This indicates that Farmers & Merchants Bancorp will be able to sustain or increase its dividend.

  • Read more about Farmers & Merchants Bancorp's dividend.
  • News Sentiment

    Farmers & Merchants Bancorp has a news sentiment score of 1.30. 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 is a higher news sentiment than the 0.65 average news sentiment score of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 4 news articles for Farmers & Merchants Bancorp this week, compared to 2 articles on an average week.
  • MarketBeat Follows

    Only 1 people have added Farmers & Merchants Bancorp to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Farmers & Merchants Bancorp insiders have sold 8,075.32% more of their company's stock than they have bought. Specifically, they have bought $10,341.00 in company stock and sold $845,410.00 in company stock.

  • Percentage Held by Insiders

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

  • Percentage Held by Institutions

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

  • Read more about Farmers & Merchants Bancorp's insider trading history.
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FMAO Stock News Headlines

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See More Headlines

FMAO Stock Analysis - Frequently Asked Questions

Farmers & Merchants Bancorp's stock was trading at $24.72 on January 1st, 2026. Since then, FMAO stock has increased by 47.3% and is now trading at $36.42.

Farmers & Merchants Bancorp Inc. (NASDAQ:FMAO) posted its quarterly earnings results on Thursday, October, 22nd. The financial services provider reported $0.84 EPS for the quarter, topping analysts' consensus estimates of $0.80 by $0.04. The financial services provider earned $34.81 million during the quarter, compared to the consensus estimate of $34.65 million. Farmers & Merchants Bancorp had a net margin of 21.30% and a trailing twelve-month return on equity of 11.25%.

Farmers & Merchants Bancorp's stock split before market open on 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 closing bell on Wednesday, September 20th 2017. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

Top institutional shareholders of Farmers & Merchants Bancorp include Goelzer Investment Management Inc. (0.89%), Park National Corp OH (0.04%), GAMMA Investing LLC (0.02%) and State of Alaska Department of Revenue (0.01%). Insiders that own company stock include Andrew J Briggs, Jo Ellen Hornish, Eugene N Burkholder, David R Gerken, Eric D Faust, Ian D Boyce and Gregory R Allen.
View institutional ownership trends
.

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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Farmers & Merchants Bancorp investors own include Marathon Petroleum (MPC), NextEra Energy (NEE), PBF Energy (PBF), Mondelez International (MDLZ), Micron Technology (MU), PayPal (PYPL) and Bristol Myers Squibb (BMY).

Company Calendar

Record date for 10/20 Dividend
10/09/2026
Ex-Dividend for 10/20 Dividend
10/09/2026
Dividend Payable
10/20/2026
Last Earnings
10/22/2026
Today
10/31/2026
Fiscal Year End
12/31/2026

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Sector
Finance
Industry
Banks
Sub-Industry
Regional Banks
Current Symbol
NASDAQ:FMAO
CIK
792966
Fax
N/A
Employees
477
Year Founded
1897

Price Target and Rating

High Price Target
$39.00
Low Price Target
$28.50
Potential Upside/Downside
-7.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
4 Analysts

Profitability

EPS (Trailing Twelve Months)
$3.11
Trailing P/E Ratio
11.93
Forward P/E Ratio
11.31
P/E Growth
N/A
Net Income
$33.31 million
Net Margins
21.30%
Pretax Margin
27.01%
Return on Equity
11.25%
Return on Assets
1.22%

Debt

Debt-to-Equity Ratio
0.43
Current Ratio
0.96
Quick Ratio
0.96

Sales & Book Value

Annual Sales
$190.68 million
Price / Sales
2.63
Cash Flow
$2.72 per share
Price / Cash Flow
13.40
Book Value
$28.12 per share
Price / Book
1.30

Miscellaneous

Outstanding Shares
13,760,000
Free Float
12,756,000
Market Cap
$501.14 million
Optionable
Optionable
Beta
0.81

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This page (NASDAQ:FMAO) was last updated on 10/30/2026 by MarketBeat.com Staff.
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