Farmers & Merchants Bancorp (NASDAQ:FMAO) Shares Acquired Rep. Robert E. Latta

Representative Robert E. Latta (R-Ohio) recently bought shares of Farmers & Merchants Bancorp, Inc. NASDAQ: FMAO. In a filing disclosed on April 27th, the Representative disclosed that they had bought between $1,001 and $15,000 in Farmers & Merchants Bancorp stock on April 20th.

Farmers & Merchants Bancorp Price Performance

Shares of NASDAQ:FMAO traded up $1.36 during trading on Friday, hitting $25.66. 13,407 shares of the company were exchanged, compared to its average volume of 26,445. Farmers & Merchants Bancorp, Inc. has a 1-year low of $19.95 and a 1-year high of $34.15. The business's 50 day moving average is $23.66 and its 200-day moving average is $27.13. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 0.78. The company has a market capitalization of $351.54 million, a P/E ratio of 13.51 and a beta of 0.88.

Farmers & Merchants Bancorp (NASDAQ:FMAO - Get Free Report) last announced its quarterly earnings results on Monday, April 28th. The financial services provider reported $0.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.42 by $0.09. The firm had revenue of $28.07 million during the quarter, compared to analysts' expectations of $26.67 million. Farmers & Merchants Bancorp had a net margin of 14.48% and a return on equity of 7.97%. Equities analysts forecast that Farmers & Merchants Bancorp, Inc. will post 1.82 earnings per share for the current year.

Farmers & Merchants Bancorp Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Sunday, April 20th. Investors of record on Friday, April 4th were issued a dividend of $0.2213 per share. This represents a $0.89 annualized dividend and a dividend yield of 3.45%. The ex-dividend date was Friday, April 4th. Farmers & Merchants Bancorp's dividend payout ratio (DPR) is presently 43.56%.

Institutional Trading of Farmers & Merchants Bancorp

Institutional investors have recently added to or reduced their stakes in the stock. Tower Research Capital LLC TRC lifted its stake in shares of Farmers & Merchants Bancorp by 678.2% in the 4th quarter. Tower Research Capital LLC TRC now owns 2,000 shares of the financial services provider's stock valued at $59,000 after purchasing an additional 1,743 shares during the period. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of Farmers & Merchants Bancorp in the first quarter valued at approximately $153,000. SG Americas Securities LLC raised its holdings in shares of Farmers & Merchants Bancorp by 19.1% in the fourth quarter. SG Americas Securities LLC now owns 5,281 shares of the financial services provider's stock valued at $156,000 after purchasing an additional 846 shares during the last quarter. Squarepoint Ops LLC purchased a new stake in Farmers & Merchants Bancorp in the 4th quarter valued at about $225,000. Finally, Revisor Wealth Management LLC bought a new stake in Farmers & Merchants Bancorp during the first quarter worth $278,000. 23.96% of the stock is currently owned by institutional investors.

About Representative Latta

Bob Latta (Republican Party) is a member of the U.S. House, representing Ohio's 5th Congressional District. He assumed office on January 3, 2007. His current term ends on January 3, 2027. Latta (Republican Party) ran for re-election to the U.S. House to represent Ohio's 5th Congressional District. He won in the general election on November 5, 2024.

About Farmers & Merchants Bancorp

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.