NASDAQ:FMAO Farmers & Merchants Bancorp (FMAO) Stock Price, News & Analysis $36.42 -0.69 (-1.86%) Closing price 10/30/2026 04:00 PM EasternExtended 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. Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsInsider TradesNews and TrendsOptions ChainOwnershipSEC FilingsShort Interest About Farmers & Merchants Bancorp Stock (NASDAQ:FMAO) View Price History Chart DataSkip Price History Chart 1 Day 5 Days 30 Days 90 Days 1 Year Advanced 1 Day 1 Day 5 Days 30 Days 90 Days 1 Year Advanced Show volume Show extended hours Get FMAO alerts:Sign Up Key Stats Today's Range$36.41▼$37.2750-Day Range$33.68▼$37.1152-Week Range$22.91▼$37.60Volume48,870 shsAverage Volume51,684 shsMarket Capitalization$501.14 millionP/E Ratio11.93Dividend Yield2.64%Price Target$33.75Consensus RatingModerate 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. Read More Farmers & Merchants Bancorp Stock Analysis - MarketRank™See Top-Rated MarketRank™ Stocks79th Percentile Overall ScoreFMAO MarketRank™: 3.9260127654 of 5 starsFarmers & 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. Analyst's Opinion1.9 / 5Analyst RatingModerate Buy Consensus RatingFarmers & 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 RiskFarmers & 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 CoverageFarmers & 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 and Valuation1.9 / 5Proj. Earnings Growth5.90% Earnings GrowthEarnings 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 MarketThe 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. SectorThe 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 RatioFarmers & 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. Short Interest4.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted1.68% of the float of Farmers & Merchants Bancorp has been sold short.Short Interest Ratio / Days to CoverFarmers & Merchants Bancorp has a short interest ratio ("days to cover") of 5.73.Change versus previous monthShort interest in Farmers & Merchants Bancorp has recently decreased by 7.86%, indicating that investor sentiment is improving significantly. Dividend4.2 / 5Dividend StrengthStrong Dividend YieldFarmers & Merchants Bancorp pays a meaningful dividend of 2.59%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthFarmers & Merchants Bancorp has been increasing its dividend for 19 years.Dividend CoverageThe dividend payout ratio of Farmers & Merchants Bancorp is 30.87%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased 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 and Social Media3.3 / 5News Sentiment1.30 News SentimentFarmers & 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 WeekMarketBeat has tracked 4 news articles for Farmers & Merchants Bancorp this week, compared to 2 articles on an average week.MarketBeat FollowsOnly 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. Company Ownership2.0 / 5Insider TradingSelling Shares Insider Buying vs. Insider SellingIn 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 Insiders7.30% of the stock of Farmers & Merchants Bancorp is held by insiders.Percentage Held by Institutions23.96% of the stock of Farmers & Merchants Bancorp is held by institutions.Read more about Farmers & Merchants Bancorp's insider trading history. Receive FMAO Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Farmers & Merchants Bancorp and its competitors with MarketBeat's FREE daily newsletter. Submit View SMS TermsSMS is currently available in Australia, Belgium, Canada, France, Germany, Ireland, Italy, New Zealand, the Netherlands, Singapore, South Africa, Spain, Switzerland, the United Kingdom, and the United States. By entering your phone number and clicking the sign-up button, you agree to receive periodic text messages from MarketBeat at the phone number you submitted, including texts that may be sent using an automatic telephone dialing system. Message and data rates may apply. Message frequency will vary. Messages will consist of stock alerts, news stories, and partner advertisements/offers. Consent is not a condition of the purchase of any goods or services. Text HELP for help/customer support. Unsubscribe at any time by replying "STOP" to any text message that you receive from MarketBeat or by visiting our mailing preferences page. Read our full terms of service and privacy policy. FMAO Stock News HeadlinesFarmers & Merchants Bancorp (NASDAQ:FMAO) Sets New 52-Week High Following Strong EarningsOctober 25, 2026 | americanbankingnews.comFarmers & Merchants Bancorp, Inc. Reports 2026 Third-Quarter and Year-to-Date Financial ResultsOctober 22, 2026 | globenewswire.comThe investigation Porter spent tens of thousands to documentPorter Stansberry flew the Porter and Co. team 3,300 miles to Dublin to investigate a 17-year investing experiment called Project Prophet - and documented everything on film. Rooted in the laws of physics, this quantitative approach challenges conventional wealth-building wisdom. With 17 years of verified data behind it, Porter calls it unlike anything he has seen in nearly 30 years in the business.October 31 at 1:00 AM | Porter & Company (Ad)3 High-Yield Dividends Paying Soon. But Your Deadline to Buy Is Days AwayOctober 6, 2026 | 247wallst.comFarmers & Merchants Bancorp, Inc. Announces 32nd Consecutive Annual Increase in Dividend and a Special Dividend Commemorating America’s 250th AnniversarySeptember 30, 2026 | finance.yahoo.comFarmers & Merchants Bancorp Board Increases Quarterly Dividend to $0.24 Per Share, Approves Special Dividend of $0.01 Per ShareSeptember 30, 2026 | marketscreener.comMFarmers & Merchants Bancorp, Inc. (FMAO) Announces 32nd Consecutive Annual Increase in Dividend and a Special Dividend Commemorating America's 250th AnniversarySeptember 30, 2026 | finanznachrichten.deFarmers & Merchants Bancorp, Inc. Announces 32nd Consecutive Annual Increase in Dividend and a Special Dividend Commemorating America's 250th AnniversarySeptember 29, 2026 | globenewswire.comSee More Headlines FMAO Stock Analysis - Frequently Asked Questions How have FMAO shares performed this year? 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. How were Farmers & Merchants Bancorp's earnings last quarter? 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%. When did Farmers & Merchants Bancorp's stock split? 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. Who are Farmers & Merchants Bancorp's major shareholders? 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. 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 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 Dividend10/09/2026Ex-Dividend for 10/20 Dividend10/09/2026Dividend Payable10/20/2026Last Earnings10/22/2026Today10/31/2026Fiscal Year End12/31/2026Get Stock Alerts Health Indicator TradeSmith's Health IndicatorA long-term volatility-based measure designed for securities held 12 months or longer.Green: Strong and healthy uptrend with normal pullbacks.Yellow: Significant pullback but still within expected volatility.Red: Dropped beyond expected volatility; considered unhealthy. Green Zone (8m+) 1-Year History Oct 25 Jan 26 Apr 26 Jul 26 Oct 26 FMAO's financial health is in the Green zone, according to TradeSmith. FMAO has been in this zone for over 8 months. Industry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry Banks Sub-IndustryRegional Banks Current SymbolNASDAQ:FMAO CIK792966 Webwww.fm.bank Phone(419) 446-2501FaxN/AEmployees477Year Founded1897Price Target and Rating Average Price Target for Farmers & Merchants Bancorp$33.75 High Price Target$39.00 Low Price Target$28.50 Potential Upside/Downside-7.3%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage4 Analysts Profitability EPS (Trailing Twelve Months)$3.11 Trailing P/E Ratio11.93 Forward P/E Ratio11.31 P/E GrowthN/ANet Income$33.31 million Net Margins21.30% Pretax Margin27.01% Return on Equity11.25% Return on Assets1.22% Debt Debt-to-Equity Ratio0.43 Current Ratio0.96 Quick Ratio0.96 Sales & Book Value Annual Sales$190.68 million Price / Sales2.63 Cash Flow$2.72 per share Price / Cash Flow13.40 Book Value$28.12 per share Price / Book1.30Miscellaneous Outstanding Shares13,760,000Free Float12,756,000Market Cap$501.14 million OptionableOptionable Beta0.81 Social Links 10 Stocks Powering The Next AI Boom The AI boom is creating opportunities across semiconductors, cloud computing, enterprise software, infrastructure, cybersecurity, and automation. Inside this report, you’ll find 10 companies positioned to benefit as artificial intelligence moves from hype to real-world deployment and becomes a core growth driver for corporate America.Get This Free Report This page (NASDAQ:FMAO) was last updated on 10/30/2026 by MarketBeat.com Staff. From Our PartnersFinancial legend: “This is bad, really bad...”Dr. Martin D. Weiss has publicly predicted six major American market crashes over his 55-year career, each war...Weiss Ratings | SponsoredCigar Lake Flooded Again Uranium Supply Shock RepeatsIn 2006, a flooded mine at Cigar Lake sent uranium prices from the 50 range to 136 in eight months. This pa...Digest Publishing | SponsoredThe investigation Porter spent tens of thousands to documentPorter Stansberry flew the Porter and Co. team 3,300 miles to Dublin to investigate a 17-year investing experi...Porter & Company | SponsoredA free stock pick, from me to youElon's paid this chip supplier since 2012. When NVIDIA tried to buy the company, he fought the deal. Withou...Behind the Markets | SponsoredLast note from me on thisJoel Peterson's free workshop breaks down a three step, three color system that works across stocks, ETFs, gol...The Cycle Code | SponsoredWhat Elon Musk's Cybercab Reveal Could Mean for InvestorsJeff Brown, the analyst who flagged Bitcoin, Tesla, and Nvidia early, is tracking Elon Musk's next move. He po...Brownstone Research | SponsoredLast call for your free 0DTE reportThe 0DTE Game Plan lays out a simple 3-step framework for trading same-day options: Plan it, profit from it, p...Profits Run | SponsoredDon't lose access to thisIan Cooper's guide, 'The $50-to-$500 Options Strategy,' is still available for free download, but not for long...TradeWins | Sponsored Adding Choose a watchlist: Watchlist Adding You have already added ten stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Farmers & Merchants Bancorp Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Share Farmers & Merchants Bancorp With A Colleague Link copied to clipboard. Unlock superior investment research and tools. Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools and reports. Get MarketBeat All Access MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. Advanced Stock Screeners and Research Tools Use our seven stock screeners to find suitable stocks. Stay informed with MarketBeat's real-time news. Export data to Excel for personal analysis. Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In Email Me a Login Link or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.