Farmers & Merchants Bancorp Company Profile (NASDAQ:FMAO)

About Farmers & Merchants Bancorp (NASDAQ:FMAO)

Farmers & Merchants Bancorp logoFarmers & 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:
  • Sector: Finance
  • Industry: Banks
  • Sub-Industry: N/A
  • Symbol: NASDAQ:FMAO
  • CUSIP: N/A
  • Web: www.fm-bank.com
Capitalization:
  • Market Cap: $367.85 million
  • Outstanding Shares: 9,155,000
Average Prices:
  • 50 Day Moving Avg: $38.54
  • 200 Day Moving Avg: $29.94
  • 52 Week Range: $16.40 - $43.90
P/E:
  • Trailing P/E Ratio: 30.26
  • Foreward P/E Ratio: 27.90
  • P/E Growth: 0.00
Sales & Book Value:
  • Annual Revenue: $45.14 million
  • Price / Sales: 8.15
  • Book Value: $14.33 per share
  • Price / Book: 2.80
Dividend:
  • Annual Dividend: $0.52
  • Dividend Yield: 1.3%
Profitability:
  • Net Margins: 24.46%
  • Return on Equity: 9.74%
  • Return on Assets: 1.17%
Debt:
  • Debt-to-Equity Ratio: 0.38%
  • Current Ratio: 0.92%
  • Quick Ratio: 0.92%
Misc:
  • Average Volume: 18,900 shs.
  • Beta: 0.06
  • Short Ratio: 19.23
 

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 often does Farmers & Merchants Bancorp pay dividends? What is the dividend yield for Farmers & Merchants Bancorp?

Farmers & Merchants Bancorp announced a quarterly dividend on Friday, September 15th. Shareholders of record on Tuesday, September 26th will be paid a dividend of $0.13 per share on Friday, October 20th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 1.29%. The ex-dividend date of this dividend is Monday, September 25th. View Farmers & Merchants Bancorp's Dividend History.

When did Farmers & Merchants Bancorp's stock split? How did Farmers & Merchants Bancorp's stock split work?

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 issued shares were payable to shareholders after the market closes on Wednesday, September 20th 2017. An investor that had 100 shares of Farmers & Merchants Bancorp stock prior to the split would have 200 shares after the split.

How were Farmers & Merchants Bancorp's earnings last quarter?

Farmers & Merchants Bancorp Inc. (NASDAQ:FMAO) announced its quarterly earnings data on Wednesday, October, 18th. The company reported $0.35 earnings per share for the quarter, hitting the Thomson Reuters' consensus estimate of $0.35. The firm had revenue of $11.84 million for the quarter, compared to the consensus estimate of $11.85 million. Farmers & Merchants Bancorp had a net margin of 24.46% and a return on equity of 9.74%. View Farmers & Merchants Bancorp's Earnings History.

When will Farmers & Merchants Bancorp make its next earnings announcement?

Farmers & Merchants Bancorp is scheduled to release their next quarterly earnings announcement on Wednesday, February, 14th 2018. View Earnings Estimates for Farmers & Merchants Bancorp.

What are analysts saying about Farmers & Merchants Bancorp stock?

Here are some recent quotes from research analysts about Farmers & Merchants Bancorp stock:

  • 1. According to Zacks Investment Research, "Farmers & Merchants Bancorp, Inc. is the holding company for The Farmers & Merchants State Bank which operates as a locally owned and operated community bank serving Northwest Ohio and Northeast Indiana. The bank provides commercial banking, retail banking and other financial services through its 19 offices with locations in Fulton, Defiance, Henry, Williams, and Wood counties in Northwest Ohio. In Northeast Indiana they have offices located in DeKalb and Steuben counties. Farmers & Merchants Bancorp, Inc. is based in Archbold, Ohio. " (10/20/2017)
  • 2. Boenning Scattergood analysts commented, "We believe Farmers & Merchants is poised to consistently generate high-quality earnings. Management has worked diligently to reposition the balance sheet for accelerated loan growth through a combination of securities sales and accelerated core deposit growth. In the near-term, we expect loan growth to accelerate to a high single digit pace, which should aid the net interest margin as asset yields improve. Longer-term, we believe the company’s well-managed expenses and disciplined credit standards will provide stability and consistency at the bottom line. The shares currently trade at a premium to peers on both P/E and on tangible book, which we believe is warranted based on the company’s superior return profile." (10/19/2017)

Who are some of Farmers & Merchants Bancorp's key competitors?

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
  • Jo Ellen Hornish, Director
  • K Brad Stamm, Director
  • Eugene N. Burkholder, Independent 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?

One share of Farmers & Merchants Bancorp stock can currently be purchased for approximately $40.18.


MarketBeat Community Rating for Farmers & Merchants Bancorp (NASDAQ FMAO)
Community Ranking:  1.8 out of 5 (star)
Outperform Votes:  58 (Vote Outperform)
Underperform Votes:  99 (Vote Underperform)
Total Votes:  157
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.

Analyst Ratings

Consensus Ratings for Farmers & Merchants Bancorp (NASDAQ:FMAO) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Hold Rating
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: N/A
Consensus Price Target History for Farmers & Merchants Bancorp (NASDAQ:FMAO)
Price Target History for Farmers & Merchants Bancorp (NASDAQ:FMAO)
Analysts' Ratings History for Farmers & Merchants Bancorp (NASDAQ:FMAO)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/19/2017Boenning ScattergoodReiterated RatingHoldN/AView Rating Details
(Data available from 10/23/2015 forward)

Earnings

Earnings History for Farmers & Merchants Bancorp (NASDAQ:FMAO)
Earnings by Quarter for Farmers & Merchants Bancorp (NASDAQ:FMAO)
Earnings History by Quarter for Farmers & Merchants Bancorp (NASDAQ FMAO)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/14/2018        
10/18/2017Q3 2017$0.35$0.35$11.85 million$11.84 millionViewN/AView Earnings Details
7/19/2017Q2 2017$0.32$0.35$11.49 million$11.64 millionViewN/AView Earnings Details
4/19/2017Q1 2017$0.32$0.31$11.41 million$11.13 millionViewN/AView Earnings Details
2/8/2017Q4 2016$0.30$0.35$11.33 million$11.56 millionViewN/AView Earnings Details
10/19/2016Q3 2016$0.30$0.33$11.25 million$11.41 millionViewN/AView Earnings Details
7/20/2016Q2 2016$0.29$0.33$10.86 million$11.22 millionViewN/AView Earnings Details
4/20/2016Q1 2016$0.28$0.27$10.69 million$10.68 millionViewN/AView Earnings Details
2/4/2016Q4 2015$0.30$0.30$10.39 million$10.52 millionViewN/AView Earnings Details
10/28/2015Q3 2015$0.29$0.29$10.10 million$10.34 millionViewN/AView Earnings Details
7/29/2015Q2 2015$0.26$0.28$10.36 million$10.12 millionViewN/AView Earnings Details
10/29/2014Q3 2014$0.26$0.27$10.04 million$10.34 millionViewN/AView Earnings Details
7/28/2014Q2 2014$0.23$0.28$9.78 million$10.87 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Farmers & Merchants Bancorp (NASDAQ:FMAO)
2018 EPS Consensus Estimate: $1.44
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20181$0.35$0.35$0.35
Q2 20181$0.36$0.36$0.36
Q3 20181$0.36$0.36$0.36
Q4 20181$0.37$0.37$0.37
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Farmers & Merchants Bancorp (NASDAQ:FMAO)
Most Recent Dividend:10/20/2017
Annual Dividend:$0.52
Dividend Yield:1.29%
Payout Ratio:38.52% (Trailing 12 Months of Earnings)
38.52% (Based on This Year's Estimates)
36.11% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Farmers & Merchants Bancorp (NASDAQ:FMAO)

Dividend History by Quarter for Farmers & Merchants Bancorp (NASDAQ FMAO)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
9/15/2017Quarterly$0.131.55%9/25/20179/26/201710/20/2017
6/13/2017Quarterly$0.131.95%6/22/20176/26/20177/20/2017
9/19/2014quarterly$0.1110/1/201410/20/2014
6/20/2014quarterly$0.117/1/20147/20/2014
3/21/2014quarterly$0.114/1/20144/20/2014
12/20/2013quarterly$0.1112/31/20131/20/2014
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Farmers & Merchants Bancorp (NASDAQ:FMAO)
Insider Ownership Percentage: 5.03%
Institutional Ownership Percentage: 3.88%
Insider Trades by Quarter for Farmers & Merchants Bancorp (NASDAQ:FMAO)
Institutional Ownership by Quarter for Farmers & Merchants Bancorp (NASDAQ:FMAO)
Insider Trades by Quarter for Farmers & Merchants Bancorp (NASDAQ:FMAO)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
10/10/2017Steven EverhartDirectorSell1,256$39.00$48,984.00View SEC Filing  
9/18/2017Edward A LeiningerInsiderSell2,230$71.62$159,712.60View SEC Filing  
9/13/2017Anthony RuppDirectorSell2,072$87.10$180,471.20View SEC Filing  
9/7/2017K. Brad StammDirectorSell625$81.00$50,625.00View SEC Filing  
6/23/2017Steven EverhartDirectorSell1,000$54.00$54,000.00View SEC Filing  
6/5/2017Eugene N BurkholderDirectorSell1,571$55.75$87,583.25View SEC Filing  
6/2/2017Eugene N BurkholderDirectorSell2,000$55.00$110,000.00View SEC Filing  
6/1/2017Steven J PlansonDirectorBuy195$54.00$10,530.00View SEC Filing  
5/24/2017Eugene N BurkholderDirectorSell300$58.00$17,400.00View SEC Filing  
5/17/2017K. Brad StammDirectorBuy500$60.00$30,000.00View SEC Filing  
9/12/2016Steven WyseDirectorBuy100$30.00$3,000.00View SEC Filing  
8/19/2016Eugene N BurkholderDirectorBuy1,000$32.00$32,000.00View SEC Filing  
6/20/2016Steven J PlansonDirectorBuy1,198$28.65$34,322.70View SEC Filing  
5/23/2016Jo Ellen HornishDirectorBuy1,500$28.55$42,825.00View SEC Filing  
5/18/2016Jo Ellen HornishDirectorBuy2,800$28.60$80,080.00View SEC Filing  
5/11/2016Jo Ellen HornishDirectorBuy845$28.60$24,167.00View SEC Filing  
5/10/2016Anthony RuppDirectorBuy700$28.60$20,020.00View SEC Filing  
2/19/2016Jo Ellen HornishDirectorBuy820$27.34$22,418.80View SEC Filing  
12/3/2015Steven WyseDirectorBuy1,000$26.00$26,000.00View SEC Filing  
11/30/2015Steven WyseDirectorBuy1,000$26.50$26,500.00View SEC Filing  
11/24/2015Steven WyseDirectorBuy3,400$26.50$90,100.00View SEC Filing  
11/20/2015Eugene N BurkholderDirectorBuy2,000$26.50$53,000.00View SEC Filing  
11/19/2015Steven WyseDirectorBuy2,000$26.00$52,000.00View SEC Filing  
4/6/2015Steven WyseDirectorBuy1,000$26.00$26,000.00View SEC Filing  
3/19/2015Eugene N BurkholderDirectorBuy1,000$26.25$26,250.00View SEC Filing  
9/23/2014Steven WyseDirectorBuy1,995$25.10$50,074.50View SEC Filing  
6/20/2014Steven WyseDirectorBuy1,000$24.79$24,790.00View SEC Filing  
11/20/2013Anthony RuppDirectorBuy1,000$21.00$21,000.00View SEC Filing  
11/4/2013Anthony RuppDirectorBuy2,000$20.88$41,760.00View SEC Filing  
12/10/2012Steven WyseDirectorBuy1,300$20.50$26,650.00View SEC Filing  
12/7/2012Darryl L FayeDirectorBuy1,200$20.15$24,180.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

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Chart

Farmers & Merchants Bancorp (FMAO) Chart for Monday, October, 23, 2017

This page was last updated on 10/23/2017 by MarketBeat.com Staff

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