Farmers & Merchants Bancorp, Inc. is a bank holding company. The Company's primary subsidiary, The Farmers & Merchants State Bank (the Bank), is a community bank operating in Northwest Ohio and Northeast Indiana. The Company's other subsidiary, Farmers & Merchants Risk Management (Captive), is a captive insurance company. The Bank is engaged in general commercial banking business. The Bank's activities include commercial, agricultural and residential mortgage as well as consumer and credit card lending activities. The Bank's loan portfolio consists of loans made to customers in the farming industry for such things as farm land, farm equipment, livestock and operating loans for seed, fertilizer and feed. Its other types of lending activities include loans for home improvements and loans for such items as autos, trucks, recreational vehicles and motorcycles. The Bank also provides checking account services, as well as savings and time deposit services, such as certificates of deposits.
Industry, Sector and Symbol:
- Industry: N/A
- Sub-Industry: N/A
- Symbol: NASDAQ:FMAO
- CUSIP: N/A
- Web: www.fm-bank.com
- Market Cap: $257.32 million
- Outstanding Shares: 4,577,000
- 50 Day Moving Avg: $47.74
- 200 Day Moving Avg: $40.29
- 52 Week Range: $28.05 - $60.00
Sales & Book Value:
- Trailing P/E Ratio: 21.58
- Foreward P/E Ratio: 20.67
- P/E Growth: 0.00
- Annual Revenue: $44.4 million
- Price / Sales: 5.80
- Book Value: $27.90 per share
- Price / Book: 2.02
- Annual Dividend: $0.92
- Dividend Yield: 1.6%
- Net Margins: 23.48%
- Return on Equity: 9.09%
- Return on Assets: 1.11%
- Debt-to-Equity Ratio: 0.55%
- Current Ratio: 0.90%
- Quick Ratio: 0.90%
- Average Volume: 2,208 shs.
- Beta: 0.07
Frequently Asked Questions for Farmers & Merchants Bancorp (NASDAQ:FMAO)
What is Farmers & Merchants Bancorp's stock symbol?
Farmers & Merchants Bancorp trades on the NASDAQ under the ticker symbol "FMAO."
How were Farmers & Merchants Bancorp's earnings last quarter?
Farmers & Merchants Bancorp Inc (NASDAQ:FMAO) released its quarterly earnings data on Wednesday, April, 19th. The company reported $0.61 EPS for the quarter, missing analysts' consensus estimates of $0.64 by $0.03. The business earned $11.13 million during the quarter, compared to analysts' expectations of $11.41 million. Farmers & Merchants Bancorp had a net margin of 23.48% and a return on equity of 9.09%. View Farmers & Merchants Bancorp's Earnings History.
Who are some of Farmers & Merchants Bancorp's key competitors?
Some companies that are related to Farmers & Merchants Bancorp include Heritage Commerce Corp. (HTBK), Republic First Bancorp (FRBK), American Residential Properties (ARPI), Allegiance Bancshares (ABTX), Armada Hoffler Properties (AHH), National Commerce Corp (NCOM), Carolina Financial Corp (CARO), Green Brick Partners (GRBK), Atlantic Capital Bancshares (ACBI), Sun Bancorp, Inc. /NJ (SNBC), EZCORP (EZPW), Hometrust Bancshares (HTBI), Southwest Bancorp (OKSB), Peoples Utah Bancorp (PUB), Sutherland Asset Management Corp (SLD), Whitestone REIT (WSR), Blue Hills Bancorp (BHBK) and Enova International (ENVA).
Who are Farmers & Merchants Bancorp's key executives?
Farmers & Merchants Bancorp's management team includes the folowing people:
- Jack C. Johnson, Independent Chairman of the Board
- Paul S. Siebenmorgen, President, Chief Executive Officer, Director
- Barbara J. Britenriker, Chief Financial Officer, Executive Vice President
- Edward A. Leininger, Chief Operating Officer, Executive Vice President
- Todd A. Graham, Executive Vice President, Chief Lending Officer
- Allen G. Lantz, Executive Vice President Retail Banking
- Rex D. Rice, Executive Vice President, Senior Commercial Banking Director
- Darryl L. Faye, Director
- Jo Ellen Hornish, Director
- K. Brad Stamm, Director
How do I buy Farmers & Merchants Bancorp stock?
Shares of Farmers & Merchants Bancorp can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Farmers & Merchants Bancorp's stock price today?
MarketBeat Community Rating for Farmers & Merchants Bancorp (NASDAQ FMAO)MarketBeat's community ratings are surveys of what our community members think about Farmers & Merchants Bancorp and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Farmers & Merchants Bancorp stock can currently be purchased for approximately $56.22.
Consensus Ratings for Farmers & Merchants Bancorp (NASDAQ:FMAO) (?) The ratings breakdown includes the most recent rating from each analyst that has rated the stock within the last twelve months. The ratings score is a calculation of the average number of sell, hold, buy and strong buy ratings (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). The consensus price target is a mean average of the most recent price target set by each analyst that has set a price target for the stock in the last twelve months.
|Ratings Breakdown: ||1 Hold Rating|
|Consensus Rating:||Hold (Score: 2.00)|
|Consensus Price Target: ||N/A|
Analysts' Ratings History for Farmers & Merchants Bancorp (NASDAQ:FMAO)
(Data available from 5/30/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|7/21/2016||Boenning Scattergood||Downgrade||Outperform -> Neutral||N/A|
Earnings History for Farmers & Merchants Bancorp (NASDAQ:FMAO)Earnings History by Quarter for Farmers & Merchants Bancorp (NASDAQ FMAO)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|4/19/2017||Q1 2017||$0.64||$0.61||$11.41 million||$11.13 million||View||N/A|
|2/8/2017||Q4 2016||$0.60||$0.69||$11.33 million||$11.56 million||View||N/A|
|10/19/2016||Q3 2016||$0.59||$0.65||$11.25 million||$11.41 million||View||N/A|
|7/20/2016||Q2 2016||$0.58||$0.65||$10.86 million||$11.22 million||View||N/A|
|4/20/2016||Q1 2016||$0.56||$0.54||$10.69 million||$10.68 million||View||N/A|
|2/4/2016||Q4 2015||$0.59||$0.60||$10.39 million||$10.52 million||View||N/A|
|10/28/2015||Q3 2015||$0.57||$0.57||$10.10 million||$10.34 million||View||N/A|
|7/29/2015||Q2 2015||$0.52||$0.56||$10.36 million||$10.12 million||View||N/A|
|10/29/2014||Q3 2014||$0.51||$0.54||$10.04 million||$10.34 million||View||N/A|
|7/28/2014||Q2 2014||$0.46||$0.55||$9.78 million||$10.87 million||View||N/A|
Earnings Estimates for Farmers & Merchants Bancorp (NASDAQ:FMAO)
Current Year EPS Consensus Estimate: $2.60 EPS
Next Year EPS Consensus Estimate: $2.72 EPS
Current Dividend Information for Farmers & Merchants Bancorp (NASDAQ:FMAO)
|Most Recent Dividend:||10/20/2014|
|Payout Ratio:||37.70% (Trailing 12 Months of Earnings) |
35.38% (Based on This Year's Estimates)
33.82% (Based on Next Year's Estimates)
Dividend History by Quarter for Farmers & Merchants Bancorp (NASDAQ FMAO)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Farmers & Merchants Bancorp (NASDAQ:FMAO)
Insider Ownership Percentage: 5.99%Insider Trades by Quarter for Farmers & Merchants Bancorp (NASDAQ:FMAO)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|5/24/2017||Eugene N Burkholder||Director||Sell||300||$58.00||$17,400.00|| |
|5/17/2017||K. Brad Stamm||Director||Buy||500||$60.00||$30,000.00|| |
|9/12/2016||Steven Wyse||Director||Buy||100||$30.00||$3,000.00|| |
|8/19/2016||Eugene N Burkholder||Director||Buy||1,000||$32.00||$32,000.00|| |
|6/20/2016||Steven J Planson||Director||Buy||1,198||$28.65||$34,322.70|| |
|5/23/2016||Jo Ellen Hornish||Director||Buy||1,500||$28.55||$42,825.00|| |
|5/18/2016||Jo Ellen Hornish||Director||Buy||2,800||$28.60||$80,080.00|| |
|5/11/2016||Jo Ellen Hornish||Director||Buy||845||$28.60||$24,167.00|| |
|5/10/2016||Anthony Rupp||Director||Buy||700||$28.60||$20,020.00|| |
|2/19/2016||Jo Ellen Hornish||Director||Buy||820||$27.34||$22,418.80|| |
|12/3/2015||Steven Wyse||Director||Buy||1,000||$26.00||$26,000.00|| |
|11/30/2015||Steven Wyse||Director||Buy||1,000||$26.50||$26,500.00|| |
|11/24/2015||Steven Wyse||Director||Buy||3,400||$26.50||$90,100.00|| |
|11/20/2015||Eugene N Burkholder||Director||Buy||2,000||$26.50||$53,000.00|| |
|11/19/2015||Steven Wyse||Director||Buy||2,000||$26.00||$52,000.00|| |
|4/6/2015||Steven Wyse||Director||Buy||1,000||$26.00||$26,000.00|| |
|3/19/2015||Eugene N Burkholder||Director||Buy||1,000||$26.25||$26,250.00|| |
|9/23/2014||Steven Wyse||Director||Buy||1,995||$25.10||$50,074.50|| |
|6/20/2014||Steven Wyse||Director||Buy||1,000||$24.79||$24,790.00|| |
|11/20/2013||Anthony Rupp||Director||Buy||1,000||$21.00||$21,000.00|| |
|11/4/2013||Anthony Rupp||Director||Buy||2,000||$20.88||$41,760.00|| |
|12/10/2012||Steven Wyse||Director||Buy||1,300||$20.50||$26,650.00|| |
|12/7/2012||Darryl L Faye||Director||Buy||1,200||$20.15||$24,180.00|| |
Headline Trends for Farmers & Merchants Bancorp (NASDAQ:FMAO)
Latest Headlines for Farmers & Merchants Bancorp (NASDAQ:FMAO)
Farmers & Merchants Bancorp (FMAO) Chart for Tuesday, May, 30, 2017