NASDAQ:FMAO Farmers & Merchants Bancorp (FMAO) Stock Price, News & Analysis $36.70 -0.18 (-0.47%) As of 03:52 PM Eastern This is a fair market value price provided by Massive. Learn more. Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsInsider TradesNews and TrendsOptions ChainOwnershipSEC FilingsShort Interest About Farmers & Merchants Bancorp Stock (NASDAQ:FMAO) View Price History Chart DataSkip Price History Chart 1 Day 5 Days 30 Days 90 Days 1 Year Advanced 1 Day 1 Day 5 Days 30 Days 90 Days 1 Year Advanced Show volume Show extended hours Get FMAO alerts:Sign Up Key Stats Today's Range$36.47▼$36.9850-Day Range$34.55▼$37.4852-Week Range$22.91▼$38.33Volume11,603 shsAverage Volume62,702 shsMarket Capitalization$505.06 millionP/E Ratio11.79Dividend Yield2.62%Price Target$33.75Consensus RatingModerate Buy Company Overview Farmers & Merchants Bancorp, Inc. is a bank holding company whose primary subsidiary, The Farmers & Merchants State Bank, provides banking services to individuals, businesses and agricultural customers. Its offerings include deposit accounts, commercial and consumer lending, mortgages and other financial services. Founded in 1897, the company is headquartered in Archbold, Ohio, and serves communities in northwest Ohio and northeast Indiana through its banking locations and digital channels.AI Generated. May Contain Errors. Read More Farmers & Merchants Bancorp Stock Analysis - MarketRank™See Top-Rated MarketRank™ Stocks76th Percentile Overall ScoreFMAO MarketRank™: 3.813137922005 of 5 starsFarmers & Merchants Bancorp scored higher than 76% of companies evaluated by MarketBeat, and ranked 394th out of 852 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion1.9 / 5Analyst RatingModerate Buy Consensus RatingFarmers & Merchants Bancorp has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 strong buy rating, no buy ratings, 3 hold ratings, and no sell ratings.Downside RiskFarmers & Merchants Bancorp has a consensus price target of $33.75, representing about 7.9% downside from its current price of $36.64.Amount of Analyst CoverageFarmers & Merchants Bancorp has only been the subject of 3 research reports in the past 90 days.Read more about Farmers & Merchants Bancorp's stock forecast and price target. Earnings and Valuation1.9 / 5Proj. Earnings Growth5.90% Earnings GrowthEarnings for Farmers & Merchants Bancorp are expected to grow by 5.90% in the coming year, from $3.22 to $3.41 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Farmers & Merchants Bancorp is 11.78, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 26.39.Price to Earnings Ratio vs. SectorThe P/E ratio of Farmers & Merchants Bancorp is 11.78, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 20.48.Price to Book Value per Share RatioFarmers & Merchants Bancorp has a P/B Ratio of 1.30. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Short Interest5.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted1.50% of the float of Farmers & Merchants Bancorp has been sold short.Short Interest Ratio / Days to CoverFarmers & Merchants Bancorp has a short interest ratio ("days to cover") of 3.16, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Farmers & Merchants Bancorp has recently decreased by 10.81%, indicating that investor sentiment is improving significantly. Dividend4.2 / 5Dividend StrengthStrong Dividend YieldFarmers & Merchants Bancorp pays a meaningful dividend of 2.62%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthFarmers & Merchants Bancorp has been increasing its dividend for 19 years.Dividend CoverageThe dividend payout ratio of Farmers & Merchants Bancorp is 30.87%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Farmers & Merchants Bancorp will have a dividend payout ratio of 28.15% next year. This indicates that Farmers & Merchants Bancorp will be able to sustain or increase its dividend.Read more about Farmers & Merchants Bancorp's dividend. News and Social Media2.5 / 5News SentimentN/A News SentimentFarmers & Merchants Bancorp has a news sentiment score of 0.96. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.65 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 1 news article for Farmers & Merchants Bancorp this week, compared to 2 articles on an average week.MarketBeat FollowsOnly 1 people have added Farmers & Merchants Bancorp to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Company Ownership1.3 / 5Insider TradingSelling Shares Insider Buying vs. Insider SellingIn the past three months, Farmers & Merchants Bancorp insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $295,660.00 in company stock.Percentage Held by Insiders7.30% of the stock of Farmers & Merchants Bancorp is held by insiders.Percentage Held by Institutions23.96% of the stock of Farmers & Merchants Bancorp is held by institutions.Read more about Farmers & Merchants Bancorp's insider trading history. Receive FMAO Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Farmers & Merchants Bancorp and its competitors with MarketBeat's FREE daily newsletter. 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FMAO Stock News HeadlinesF&M Bank Welcomes Paul Elkins as Chief Information & Technology OfficerNovember 5, 2026 | globenewswire.comFarmers & Merchants Bancorp consensus price target increased 14.43% to $39.10November 2, 2026 | msn.comUranium Mine Flood That Sparked a 2006 Price Surge ReturnsIn 2006, a flooded mine at Cigar Lake sent uranium prices from the $50 range to $136 in eight months. This past May, flooding cut the supply route into the largest uranium complex on the planet, and in July Cigar Lake went down a second time. Gerardo Del Real calls this the Third Convergence Event and has backed three small companies positioned in front of it.November 13 at 1:00 AM | Digest Publishing (Ad)Farmers & Merchants Bancorp, Inc. Reports 2026 Third-Quarter and Year-to-Date Financial ResultsOctober 22, 2026 | globenewswire.com3 High-Yield Dividends Paying Soon. But Your Deadline to Buy Is Days AwayOctober 6, 2026 | 247wallst.comFarmers & Merchants Bancorp, Inc. Announces 32nd Consecutive Annual Increase in Dividend and a Special Dividend Commemorating America’s 250th AnniversarySeptember 30, 2026 | finance.yahoo.comFarmers & Merchants Bancorp Board Increases Quarterly Dividend to $0.24 Per Share, Approves Special Dividend of $0.01 Per ShareSeptember 30, 2026 | marketscreener.comMFarmers & Merchants Bancorp, Inc. (FMAO) Announces 32nd Consecutive Annual Increase in Dividend and a Special Dividend Commemorating America's 250th AnniversarySeptember 30, 2026 | finanznachrichten.deSee More Headlines FMAO Stock Analysis - Frequently Asked Questions How have FMAO shares performed this year? Farmers & Merchants Bancorp's stock was trading at $24.72 at the start of the year. Since then, FMAO shares have increased by 48.2% and is now trading at $36.6350. How were Farmers & Merchants Bancorp's earnings last quarter? Farmers & Merchants Bancorp Inc. (NASDAQ:FMAO) posted its quarterly earnings data on Thursday, October, 22nd. The financial services provider reported $0.84 earnings per share for the quarter, topping the consensus estimate of $0.80 by $0.04. The financial services provider had revenue of $34.81 million for the quarter, compared to analysts' expectations of $34.65 million. Farmers & Merchants Bancorp had a trailing twelve-month return on equity of 11.25% and a net margin of 21.30%. When did Farmers & Merchants Bancorp's stock split? Farmers & Merchants Bancorp shares 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 issued to shareholders after the market closes on Wednesday, September 20th 2017. An investor that had 100 shares of stock prior to the split would have 200 shares after the split. Who are Farmers & Merchants Bancorp's major shareholders? Top institutional investors of Farmers & Merchants Bancorp include State Street Corp (1.94%), Goelzer Investment Management Inc. (0.89%), First Trust Advisors LP (0.46%) and Alps Advisors Inc. (0.12%). Insiders that own company stock include Andrew J Briggs, Jo Ellen Hornish, Eugene N Burkholder, David R Gerken, Eric D Faust, Ian D Boyce and Gregory R Allen. View institutional ownership trends. How do I buy shares of Farmers & Merchants Bancorp? Shares of FMAO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. What other stocks do shareholders of Farmers & Merchants Bancorp own? Based on aggregate information from My MarketBeat watchlists, some other companies that Farmers & Merchants Bancorp investors own include PayPal (PYPL), Bristol Myers Squibb (BMY), Genesco (GCO), International Business Machines (IBM), Invesco (IVZ), Marathon Petroleum (MPC) and NextEra Energy (NEE). Company Calendar Record date for 10/20 Dividend10/09/2026Ex-Dividend for 10/20 Dividend10/09/2026Dividend Payable10/20/2026Last Earnings10/22/2026Today11/13/2026Fiscal Year End12/31/2026Get Stock Alerts Health Indicator TradeSmith's Health IndicatorA long-term volatility-based measure designed for securities held 12 months or longer.Green: Strong and healthy uptrend with normal pullbacks.Yellow: Significant pullback but still within expected volatility.Red: Dropped beyond expected volatility; considered unhealthy. Green Zone (9m+) 1-Year History Nov 25 Feb 26 May 26 Aug 26 Nov 26 FMAO's financial health is in the Green zone, according to TradeSmith. FMAO has been in this zone for over 9 months. Industry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry Banks Sub-IndustryRegional Banks Current SymbolNASDAQ:FMAO CIK792966 Webwww.fm.bank Phone(419) 446-2501FaxN/AEmployees486Year Founded1897Price Target and Rating Average Price Target for Farmers & Merchants Bancorp$33.75 High Price Target$39.00 Low Price Target$28.50 Potential Upside/Downside-8.1%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage4 Analysts Profitability EPS (Trailing Twelve Months)$3.11 Trailing P/E Ratio11.79 Forward P/E Ratio10.76 P/E GrowthN/ANet Income$33.31 million Net Margins21.30% Pretax Margin27.01% Return on Equity11.25% Return on Assets1.22% Debt Debt-to-Equity Ratio0.43 Current Ratio0.96 Quick Ratio0.96 Sales & Book Value Annual Sales$190.68 million Price / Sales2.65 Cash Flow$2.77 per share Price / Cash Flow13.25 Book Value$28.12 per share Price / Book1.31Miscellaneous Outstanding Shares13,760,000Free Float12,756,000Market Cap$505.06 million OptionableOptionable Beta0.76 Social Links 10 Stocks Powering The Next AI Boom The AI boom is creating opportunities across semiconductors, cloud computing, enterprise software, infrastructure, cybersecurity, and automation. Inside this report, you’ll find 10 companies positioned to benefit as artificial intelligence moves from hype to real-world deployment and becomes a core growth driver for corporate America.Get This Free Report This page (NASDAQ:FMAO) was last updated on 11/13/2026 by MarketBeat.com Staff. From Our PartnersTrump’s EO to send this $5 stock ripping higher…?President Trump's December executive order declared space a national security and economic priority, fueling a...Traders Agency | SponsoredToday's free pick (on me)Elon Musk doesn't own the chip inside every Tesla, Starlink dish, and AI satellite - he licenses it from one l...Behind the Markets | SponsoredDrop these 5 stocks before the market opens tomorrow!The Wall Street Journal called it the "$64 trillion question": is a stock market crash on the way? 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