NASDAQ:FMAO Farmers & Merchants Bancorp (FMAO) Stock Price, News & Analysis $34.90 -0.44 (-1.25%) Closing price 04:00 PM EasternExtended Trading$34.90 0.00 (-0.01%) As of 07:30 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$34.80▼$35.4150-Day Range$33.34▼$35.8152-Week Range$22.77▼$36.12Volume32,836 shsAverage Volume50,396 shsMarket Capitalization$480.57 millionP/E Ratio11.99Dividend Yield2.64%Price Target$32.25Consensus RatingHold Company Overview Farmers & Merchants Bancorp, Inc. is a bank holding company headquartered in Archbold, Ohio. Through its principal subsidiary, The Farmers & Merchants State Bank, the company provides banking and financial services to individuals, families, farmers, businesses and other organizations. The bank offers deposit products, residential and commercial real estate lending, consumer loans, agricultural financing, commercial loans and other credit services. Its services also include treasury management, online and mobile banking, wealth management and trust-related services, subject to availability through its operating units. Founded in 1897, Farmers & Merchants State Bank has developed a community-banking presence in northwest Ohio and northeast Indiana. The company emphasizes relationship-based banking and serves customers through a network of banking offices and digital channels in the markets where it operates.AI Generated. May Contain Errors. Read More Farmers & Merchants Bancorp Stock Analysis - MarketRank™See Top-Rated MarketRank™ Stocks68th Percentile Overall ScoreFMAO MarketRank™: Farmers & Merchants Bancorp scored higher than 68% of companies evaluated by MarketBeat, and ranked 436th out of 833 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion1.7 / 5Analyst RatingHold Consensus RatingFarmers & Merchants Bancorp has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on no strong buy ratings, 1 buy rating, 3 hold ratings, and no sell ratings.Downside RiskFarmers & Merchants Bancorp has a consensus price target of $32.25, representing about 7.6% downside from its current price of $34.90.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 Growth4.26% Earnings GrowthEarnings for Farmers & Merchants Bancorp are expected to grow by 4.26% in the coming year, from $3.05 to $3.18 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Farmers & Merchants Bancorp is 11.99, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 41.60.Price to Earnings Ratio vs. SectorThe P/E ratio of Farmers & Merchants Bancorp is 11.99, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 22.74.Price to Book Value per Share RatioFarmers & Merchants Bancorp has a P/B Ratio of 1.29. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Farmers & Merchants Bancorp's valuation and earnings. Short Interest3.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted2.20% 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 7.38.Change versus previous monthShort interest in Farmers & Merchants Bancorp has recently decreased by 2.70%, indicating that investor sentiment is improving. Dividend4.2 / 5Dividend StrengthStrong Dividend YieldFarmers & Merchants Bancorp pays a meaningful dividend of 2.60%, 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 31.62%. 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 28.93% 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 Media2.8 / 5News Sentiment0.49 News SentimentFarmers & Merchants Bancorp has a news sentiment score of 0.49. 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 WeekMarketBeat has tracked 5 news articles for Farmers & Merchants Bancorp this week, compared to 2 articles on an average week.MarketBeat Follows2 people have added Farmers & Merchants Bancorp to their MarketBeat watchlist in the last 30 days. This is an increase of 100% 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 12,618.11% more of their company's stock than they have bought. Specifically, they have bought $10,341.00 in company stock and sold $1,315,180.00 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. 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FMAO Stock News HeadlinesCritical Analysis: Lakeland Financial (NASDAQ:LKFN) versus Farmers & Merchants Bancorp (NASDAQ:FMAO)October 6 at 12:15 PM | americanbankingnews.com3 High-Yield Dividends Paying Soon. But Your Deadline to Buy Is Days AwayOctober 6 at 11:00 AM | 247wallst.comReady to give options a try? Your first trade (Ticker included) -INSIDETired of trying tactic after tactic when it comes to options trades... only to be met with market noise and stinging losses? Dave Aquino is giving away the exact 11-hour options strategy he uses in volatile markets. You get the plain English blueprint behind the strategy and the very same "rinse and repeat" ticker he's traded nearly 900 times with a 95.3% success rate. It's so simple to understand, you could trade it tomorrow.October 7 at 1:00 AM | Base Camp Trading (Ad)Comparing Camden National (NASDAQ:CAC) & Farmers & Merchants Bancorp (NASDAQ:FMAO)October 6 at 5:14 AM | americanbankingnews.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 at the beginning of the year. Since then, FMAO stock has increased by 41.2% and is now trading at $34.90. How were Farmers & Merchants Bancorp's earnings last quarter? Farmers & Merchants Bancorp Inc. (NASDAQ:FMAO) issued its quarterly earnings results on Monday, July, 27th. The financial services provider reported $0.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.67 by $0.19. The financial services provider had revenue of $34.35 million for the quarter, compared to analysts' expectations of $33.05 million. Farmers & Merchants Bancorp had a net margin of 20.27% and a trailing twelve-month return on equity of 10.72%. When did Farmers & Merchants Bancorp's stock split? Shares of Farmers & Merchants Bancorp split before market open on Thursday, September 21st 2017.The 2-1 split was announced on Friday, August 18th 2017. The newly minted shares were payable 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? Farmers & Merchants Bancorp's top institutional shareholders include Park National Corp OH (0.04%). 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 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 7/20 Dividend7/10/2026Ex-Dividend for 7/20 Dividend7/10/2026Dividend Payable7/20/2026Last Earnings7/27/2026Today10/07/2026Record date for 10/20 Dividend10/09/2026Ex-Dividend for 10/20 Dividend10/09/2026Dividend Payable10/20/2026Next Earnings (Estimated)10/26/2026Fiscal 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 (7m+) 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 7 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$32.25 High Price Target$36.00 Low Price Target$28.50 Potential Upside/Downside-7.6%Consensus RatingHold Rating Score (0-4)2.25 Research Coverage4 Analysts Profitability EPS (Trailing Twelve Months)$2.91 Trailing P/E Ratio11.99 Forward P/E Ratio11.44 P/E GrowthN/ANet Income$33.31 million Net Margins20.27% Pretax Margin25.91% Return on Equity10.72% Return on Assets1.16% Debt Debt-to-Equity Ratio0.44 Current Ratio0.96 Quick Ratio0.96 Sales & Book Value Annual Sales$190.68 million Price / Sales2.52 Cash Flow$2.74 per share Price / Cash Flow12.76 Book Value$26.97 per share Price / Book1.29Miscellaneous Outstanding Shares13,770,000Free Float12,768,000Market Cap$480.57 million OptionableOptionable Beta0.81 Social Links 7 Best Space Stocks to Own in 2026The space race is growing fast, and you don’t have to have gotten in early on SpaceX to profit. This report shows seven space stocks you can buy today that may grow as rockets, satellites, defense, space internet, and new space technology become more important.Get This Free Report This page (NASDAQ:FMAO) was last updated on 10/7/2026 by MarketBeat.com Staff. From Our PartnersALERT: Drop these 5 stocks before the market opens tomorrow!The Wall Street Journal is already raising the alarm about a potential market crash, and Weiss Ratings researc...Weiss Ratings | SponsoredTrump's New DollarPorter Stansberry says President Trump has signed an executive order initiating what he calls a full U.S. doll...Porter & Company | SponsoredSmall Colorado Company (Backed by Sam Altman) Could Save U.S. Power GridA small Colorado company has secured rights to technology that could prevent the U.S. public power grid from c...Altimetry | SponsoredReady to give options a try? 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