Rep. Robert E. Latta Purchases Shares of Farmers & Merchants Bancorp Inc. (NASDAQ:FMAO)

Representative Robert E. Latta (R-Ohio) recently bought shares of Farmers & Merchants Bancorp Inc. NASDAQ: FMAO. In a filing disclosed on June 08th, the Representative disclosed that they had bought between $15,001 and $50,000 in Farmers & Merchants Bancorp stock on June 5th.

Representative Robert E. Latta also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of Farmers & Merchants Bancorp NASDAQ: FMAO on 4/20/2025.

Farmers & Merchants Bancorp Stock Performance

NASDAQ:FMAO opened at $25.94 on Friday. The company has a fifty day moving average of $24.97 and a 200-day moving average of $24.97. The firm has a market capitalization of $355.90 million, a P/E ratio of 12.84 and a beta of 0.86. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.71. Farmers & Merchants Bancorp Inc. has a twelve month low of $20.88 and a twelve month high of $34.15.

Farmers & Merchants Bancorp (NASDAQ:FMAO - Get Free Report) last posted 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. Farmers & Merchants Bancorp had a net margin of 15.15% and a return on equity of 8.23%. The business had revenue of $28.07 million during the quarter, compared to the consensus estimate of $26.67 million. As a group, sell-side analysts anticipate that Farmers & Merchants Bancorp Inc. will post 1.82 EPS for the current year.

Farmers & Merchants Bancorp Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Sunday, July 20th. Stockholders of record on Monday, July 7th will be given a $0.2213 dividend. The ex-dividend date of this dividend is Monday, July 7th. This represents a $0.89 dividend on an annualized basis and a dividend yield of 3.41%. Farmers & Merchants Bancorp's dividend payout ratio (DPR) is currently 43.56%.

Hedge Funds Weigh In On Farmers & Merchants Bancorp

Several large investors have recently bought and sold shares of FMAO. Jane Street Group LLC purchased a new stake in shares of Farmers & Merchants Bancorp during the 1st quarter valued at $380,000. Ancora Advisors LLC purchased a new stake in Farmers & Merchants Bancorp during the 1st quarter worth about $909,000. Nuveen LLC purchased a new stake in shares of Farmers & Merchants Bancorp in the 1st quarter valued at about $817,000. Carnegie Investment Counsel raised its holdings in shares of Farmers & Merchants Bancorp by 61.5% in the 1st quarter. Carnegie Investment Counsel now owns 15,630 shares of the financial services provider's stock valued at $349,000 after acquiring an additional 5,951 shares in the last quarter. Finally, Revisor Wealth Management LLC purchased a new stake in shares of Farmers & Merchants Bancorp in the 1st quarter valued at about $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.

Farmers & Merchants Bancorp Company Profile

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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