Farmers & Merchants Bancorp (NASDAQ:FMAO - Get Free Report) issued its earnings results on Monday. The financial services provider reported $0.56 earnings per share for the quarter, beating the consensus estimate of $0.51 by $0.05, Zacks reports. The company had revenue of $29.65 million during the quarter, compared to analysts' expectations of $28.67 million. Farmers & Merchants Bancorp had a return on equity of 8.73% and a net margin of 16.04%.
Farmers & Merchants Bancorp Trading Up 0.2%
FMAO traded up $0.05 during midday trading on Friday, reaching $24.06. 8,514 shares of the company's stock traded hands, compared to its average volume of 19,153. Farmers & Merchants Bancorp has a 52 week low of $20.88 and a 52 week high of $34.15. The stock has a market capitalization of $330.03 million, a price-to-earnings ratio of 11.14 and a beta of 0.86. The firm has a fifty day moving average of $25.02 and a two-hundred day moving average of $24.91. The company has a debt-to-equity ratio of 0.71, a current ratio of 0.98 and a quick ratio of 0.98.
Farmers & Merchants Bancorp Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Sunday, July 20th. Shareholders of record on Monday, July 7th were given a dividend of $0.2213 per share. The ex-dividend date of this dividend was Monday, July 7th. This represents a $0.89 dividend on an annualized basis and a yield of 3.7%. Farmers & Merchants Bancorp's dividend payout ratio is presently 40.74%.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in Farmers & Merchants Bancorp stock. Jane Street Group LLC bought a new position in Farmers & Merchants Bancorp Inc. (NASDAQ:FMAO - Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 15,877 shares of the financial services provider's stock, valued at approximately $380,000. Jane Street Group LLC owned approximately 0.12% of Farmers & Merchants Bancorp as of its most recent filing with the SEC. Hedge funds and other institutional investors own 23.96% of the company's stock.
Farmers & Merchants Bancorp Company Profile
(
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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.
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