Farmers & Merchants Bancorp (FMAO) Stock Price, News & Analysis

Company Overview

Farmers & Merchants Bancorp (NASDAQ:FMAO) is the bank holding company for Farmers & Merchants Bank of Central California, a community-focused institution headquartered in Los Banos, California. The bank traces its roots to 1916 and has grown to serve individuals, businesses and agricultural enterprises throughout the western San Joaquin Valley. Operating with a commitment to local decision-making, the company emphasizes personalized service and close ties to the communities in which it operates.

Through its banking subsidiary, Farmers & Merchants offers a comprehensive suite of financial products and services, including checking and savings accounts, certificates of deposit, online and mobile banking platforms, and merchant services. Its lending portfolio encompasses commercial and agricultural loans, residential and commercial real estate financing, consumer loans and equipment financing. The company also provides treasury and cash management solutions designed to help small and mid-sized businesses manage liquidity and streamline operations.

Farmers & Merchants maintains a network of full-service branches and ATMs across central California, serving customers in Merced, Stanislaus and surrounding counties. The leadership team comprises experienced banking professionals with deep regional knowledge, focused on supporting local economic development and maintaining strong customer relationships rooted in community values.

Key Stats

• Today's Range: $23.08 to $24.13
• 50-Day Range: $23.12 to $26.81
• 52-Week Range: $20.88 to $34.15
• Volume: 19,904 shs
• Average Volume: 21,267 shs
• Market Capitalization: $324.89 million
• P/E Ratio: 10.96
• Dividend Yield: 3.84%
• Price Target: N/A
• Consensus Rating: Hold

FMAO Stock Analysis - Frequently Asked Questions

How have FMAO shares performed this year?

Farmers & Merchants Bancorp's stock was trading at $29.45 on January 1st, 2025. Since then, FMAO shares have decreased by 19.6% and is now trading at $23.68.

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

Farmers & Merchants Bancorp Inc. (NASDAQ:FMAO) announced its earnings results on Monday, July, 28th. The financial services provider reported $0.56 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.51 by $0.05. The financial services provider earned $29.65 million during the quarter, compared to analysts' expectations of $28.67 million. Farmers & Merchants Bancorp had a trailing twelve-month return on equity of 8.66% and a net margin of 16.04%.

When did Farmers & Merchants Bancorp's stock split?

Shares of Farmers & Merchants Bancorp split on the morning of Thursday, September 21st 2017.The 2-1 split was announced on Friday, August 18th 2017. The newly issued shares were distributed 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 Abner Herrman & Brock LLC (0.06%) and Farther Finance Advisors LLC (0.02%). Insiders that own company stock include Jo Ellen Hornish, Steven J Planson, Eugene N Burkholder, David R Gerken and Ian D Boyce.
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 American Water Works (AWK), Waste Connections (WCN), The RMR Group (RMR), AUO (AUOTY), DiamondRock Hospitality (DRH), iShares Micro-Cap ETF (IWC) and Voyager Therapeutics (VYGR).

Company Calendar

• Last Earnings: 7/28/2025
• Record date for 10/20 Dividend: 10/10/2025
• Ex-Dividend for 10/20 Dividend: 10/10/2025
• Today: 10/20/2025
• Dividend Payable: 10/20/2025
• Next Earnings (Estimated): 10/29/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: BANKS - NORTHEAST
• Sub-Industry: Banking
• Current Symbol: NASDAQ:FMAO
• CIK: 792966
• Web: www.fm.bank
• Phone: (419) 446-2501
• Fax: N/A
• Employees: 430
• Year Founded: 1897

Profitability

• EPS (Trailing Twelve Months): $2.16
• Trailing P/E Ratio: 10.96
• Forward P/E Ratio: 13.01
• P/E Growth: N/A
• Net Income: $25.94 million
• Net Margins: 16.04%
• Pretax Margin: 20.13%
• Return on Equity: 8.66%
• Return on Assets: 0.88%

Debt

• Debt-to-Equity Ratio: 0.54
• Current Ratio: 0.96
• Quick Ratio: 0.96

Sales & Book Value

• Annual Sales: $179.19 million
• Price / Sales: 1.81
• Cash Flow: $2.25 per share
• Price / Cash Flow: 10.52
• Book Value: $24.47 per share
• Price / Book: 0.97

Miscellaneous

• Outstanding Shares: 13,720,000
• Free Float: 12,722,000
• Market Cap: $324.89 million
• Optionable: Optionable
• Beta: 0.88