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Farmers & Merchants Bancorp (FMAO) Competitors

Farmers & Merchants Bancorp logo
$35.53 0.00 (0.00%)
Closing price 09/18/2026 04:00 PM Eastern
Extended Trading
$35.37 -0.16 (-0.45%)
As of 09/18/2026 07:30 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

FMAO vs. FCBC, FMBH, GABC, HBCP, and MCBS

Should you buy Farmers & Merchants Bancorp stock or one of its competitors? Farmers & Merchants Bancorp's main competitors and comparable companies include First Community Bancshares (FCBC), First Mid Bancshares (FMBH), German American Bancorp (GABC), Home Bancorp (HBCP), and MetroCity Bankshares (MCBS). Companies are selected based on similarities in market, industry, and size. These companies are all part of the "regional banks" industry.

How does Farmers & Merchants Bancorp compare to First Community Bancshares?

Farmers & Merchants Bancorp (NASDAQ:FMAO) and First Community Bancshares (NASDAQ:FCBC) are both small-cap finance companies, but which is the better business? We will contrast the two companies based on the strength of their institutional ownership, earnings, media sentiment, valuation, profitability, dividends, risk and analyst recommendations.

Farmers & Merchants Bancorp pays an annual dividend of $0.92 per share and has a dividend yield of 2.6%. First Community Bancshares pays an annual dividend of $1.32 per share and has a dividend yield of 2.8%. Farmers & Merchants Bancorp pays out 31.6% of its earnings in the form of a dividend. First Community Bancshares pays out 41.6% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Farmers & Merchants Bancorp has raised its dividend for 19 consecutive years and First Community Bancshares has raised its dividend for 13 consecutive years.

Farmers & Merchants Bancorp currently has a consensus price target of $32.25, indicating a potential downside of 9.23%. Given Farmers & Merchants Bancorp's stronger consensus rating and higher possible upside, analysts plainly believe Farmers & Merchants Bancorp is more favorable than First Community Bancshares.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Farmers & Merchants Bancorp
0 Sell rating(s)
2 Hold rating(s)
1 Buy rating(s)
1 Strong Buy rating(s)
2.75
First Community Bancshares
0 Sell rating(s)
2 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.33

Farmers & Merchants Bancorp has a beta of 0.8, indicating that its stock price is 20% less volatile than the broader market. Comparatively, First Community Bancshares has a beta of 0.47, indicating that its stock price is 53% less volatile than the broader market.

In the previous week, First Community Bancshares had 1 more articles in the media than Farmers & Merchants Bancorp. MarketBeat recorded 1 mentions for First Community Bancshares and 0 mentions for Farmers & Merchants Bancorp. Farmers & Merchants Bancorp's average media sentiment score of 0.00 equaled First Community Bancshares'average media sentiment score.

Company Overall Sentiment
Farmers & Merchants Bancorp Neutral
First Community Bancshares Neutral

First Community Bancshares has a net margin of 28.84% compared to Farmers & Merchants Bancorp's net margin of 20.27%. Farmers & Merchants Bancorp's return on equity of 10.72% beat First Community Bancshares' return on equity.

Company Net Margins Return on Equity Return on Assets
Farmers & Merchants Bancorp20.27% 10.72% 1.16%
First Community Bancshares 28.84%10.67%1.61%

24.0% of Farmers & Merchants Bancorp shares are owned by institutional investors. Comparatively, 35.0% of First Community Bancshares shares are owned by institutional investors. 7.3% of Farmers & Merchants Bancorp shares are owned by insiders. Comparatively, 3.7% of First Community Bancshares shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

First Community Bancshares has lower revenue, but higher earnings than Farmers & Merchants Bancorp. Farmers & Merchants Bancorp is trading at a lower price-to-earnings ratio than First Community Bancshares, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Farmers & Merchants Bancorp$190.68M2.57$33.31M$2.9112.21
First Community Bancshares$185.42M4.78$48.79M$3.1714.80

Summary

Farmers & Merchants Bancorp and First Community Bancshares tied by winning 9 of the 18 factors compared between the two stocks.

How does Farmers & Merchants Bancorp compare to First Mid Bancshares?

Farmers & Merchants Bancorp (NASDAQ:FMAO) and First Mid Bancshares (NASDAQ:FMBH) are both small-cap finance companies, but which is the superior investment? We will compare the two businesses based on the strength of their media sentiment, institutional ownership, earnings, dividends, profitability, risk, valuation and analyst recommendations.

Farmers & Merchants Bancorp has a net margin of 20.27% compared to First Mid Bancshares' net margin of 19.76%. First Mid Bancshares' return on equity of 10.86% beat Farmers & Merchants Bancorp's return on equity.

Company Net Margins Return on Equity Return on Assets
Farmers & Merchants Bancorp20.27% 10.72% 1.16%
First Mid Bancshares 19.76%10.86%1.29%

Farmers & Merchants Bancorp presently has a consensus target price of $32.25, indicating a potential downside of 9.23%. First Mid Bancshares has a consensus target price of $54.63, indicating a potential upside of 9.29%. Given First Mid Bancshares' higher probable upside, analysts clearly believe First Mid Bancshares is more favorable than Farmers & Merchants Bancorp.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Farmers & Merchants Bancorp
0 Sell rating(s)
2 Hold rating(s)
1 Buy rating(s)
1 Strong Buy rating(s)
2.75
First Mid Bancshares
0 Sell rating(s)
3 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.50

Farmers & Merchants Bancorp pays an annual dividend of $0.92 per share and has a dividend yield of 2.6%. First Mid Bancshares pays an annual dividend of $1.04 per share and has a dividend yield of 2.1%. Farmers & Merchants Bancorp pays out 31.6% of its earnings in the form of a dividend. First Mid Bancshares pays out 25.8% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Farmers & Merchants Bancorp has increased its dividend for 19 consecutive years and First Mid Bancshares has increased its dividend for 3 consecutive years. Farmers & Merchants Bancorp is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

24.0% of Farmers & Merchants Bancorp shares are held by institutional investors. Comparatively, 47.6% of First Mid Bancshares shares are held by institutional investors. 7.3% of Farmers & Merchants Bancorp shares are held by insiders. Comparatively, 6.0% of First Mid Bancshares shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

Farmers & Merchants Bancorp has a beta of 0.8, indicating that its stock price is 20% less volatile than the broader market. Comparatively, First Mid Bancshares has a beta of 0.78, indicating that its stock price is 22% less volatile than the broader market.

In the previous week, First Mid Bancshares had 1 more articles in the media than Farmers & Merchants Bancorp. MarketBeat recorded 1 mentions for First Mid Bancshares and 0 mentions for Farmers & Merchants Bancorp. First Mid Bancshares' average media sentiment score of 1.34 beat Farmers & Merchants Bancorp's score of 0.00 indicating that First Mid Bancshares is being referred to more favorably in the news media.

Company Overall Sentiment
Farmers & Merchants Bancorp Neutral
First Mid Bancshares Positive

First Mid Bancshares has higher revenue and earnings than Farmers & Merchants Bancorp. Farmers & Merchants Bancorp is trading at a lower price-to-earnings ratio than First Mid Bancshares, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Farmers & Merchants Bancorp$190.68M2.57$33.31M$2.9112.21
First Mid Bancshares$466.04M2.85$91.75M$4.0312.40

Summary

First Mid Bancshares beats Farmers & Merchants Bancorp on 13 of the 20 factors compared between the two stocks.

How does Farmers & Merchants Bancorp compare to German American Bancorp?

German American Bancorp (NASDAQ:GABC) and Farmers & Merchants Bancorp (NASDAQ:FMAO) are both small-cap finance companies, but which is the better business? We will compare the two businesses based on the strength of their dividends, valuation, analyst recommendations, institutional ownership, media sentiment, profitability, risk and earnings.

German American Bancorp has a beta of 0.58, suggesting that its stock price is 42% less volatile than the broader market. Comparatively, Farmers & Merchants Bancorp has a beta of 0.8, suggesting that its stock price is 20% less volatile than the broader market.

In the previous week, German American Bancorp had 7 more articles in the media than Farmers & Merchants Bancorp. MarketBeat recorded 7 mentions for German American Bancorp and 0 mentions for Farmers & Merchants Bancorp. German American Bancorp's average media sentiment score of 1.06 beat Farmers & Merchants Bancorp's score of 0.00 indicating that German American Bancorp is being referred to more favorably in the media.

Company Overall Sentiment
German American Bancorp Positive
Farmers & Merchants Bancorp Neutral

German American Bancorp has higher revenue and earnings than Farmers & Merchants Bancorp. Farmers & Merchants Bancorp is trading at a lower price-to-earnings ratio than German American Bancorp, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
German American Bancorp$386.18M4.78$112.64M$3.7912.96
Farmers & Merchants Bancorp$190.68M2.57$33.31M$2.9112.21

German American Bancorp currently has a consensus price target of $53.33, indicating a potential upside of 8.56%. Farmers & Merchants Bancorp has a consensus price target of $32.25, indicating a potential downside of 9.23%. Given German American Bancorp's stronger consensus rating and higher probable upside, research analysts plainly believe German American Bancorp is more favorable than Farmers & Merchants Bancorp.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
German American Bancorp
0 Sell rating(s)
2 Hold rating(s)
2 Buy rating(s)
1 Strong Buy rating(s)
2.80
Farmers & Merchants Bancorp
0 Sell rating(s)
2 Hold rating(s)
1 Buy rating(s)
1 Strong Buy rating(s)
2.75

German American Bancorp has a net margin of 28.25% compared to Farmers & Merchants Bancorp's net margin of 20.27%. German American Bancorp's return on equity of 12.14% beat Farmers & Merchants Bancorp's return on equity.

Company Net Margins Return on Equity Return on Assets
German American Bancorp28.25% 12.14% 1.69%
Farmers & Merchants Bancorp 20.27%10.72%1.16%

German American Bancorp pays an annual dividend of $1.24 per share and has a dividend yield of 2.5%. Farmers & Merchants Bancorp pays an annual dividend of $0.92 per share and has a dividend yield of 2.6%. German American Bancorp pays out 32.7% of its earnings in the form of a dividend. Farmers & Merchants Bancorp pays out 31.6% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. German American Bancorp has increased its dividend for 13 consecutive years and Farmers & Merchants Bancorp has increased its dividend for 19 consecutive years. Farmers & Merchants Bancorp is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

46.9% of German American Bancorp shares are owned by institutional investors. Comparatively, 24.0% of Farmers & Merchants Bancorp shares are owned by institutional investors. 3.2% of German American Bancorp shares are owned by insiders. Comparatively, 7.3% of Farmers & Merchants Bancorp shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Summary

German American Bancorp beats Farmers & Merchants Bancorp on 14 of the 19 factors compared between the two stocks.

How does Farmers & Merchants Bancorp compare to Home Bancorp?

Farmers & Merchants Bancorp (NASDAQ:FMAO) and Home Bancorp (NASDAQ:HBCP) are both small-cap finance companies, but which is the superior business? We will contrast the two companies based on the strength of their profitability, dividends, analyst recommendations, earnings, risk, valuation, institutional ownership and media sentiment.

Farmers & Merchants Bancorp currently has a consensus target price of $32.25, suggesting a potential downside of 9.23%. Home Bancorp has a consensus target price of $69.50, suggesting a potential upside of 1.36%. Given Home Bancorp's higher probable upside, analysts plainly believe Home Bancorp is more favorable than Farmers & Merchants Bancorp.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Farmers & Merchants Bancorp
0 Sell rating(s)
2 Hold rating(s)
1 Buy rating(s)
1 Strong Buy rating(s)
2.75
Home Bancorp
0 Sell rating(s)
3 Hold rating(s)
1 Buy rating(s)
1 Strong Buy rating(s)
2.60

Home Bancorp has a net margin of 22.23% compared to Farmers & Merchants Bancorp's net margin of 20.27%. Farmers & Merchants Bancorp's return on equity of 10.72% beat Home Bancorp's return on equity.

Company Net Margins Return on Equity Return on Assets
Farmers & Merchants Bancorp20.27% 10.72% 1.16%
Home Bancorp 22.23%10.65%1.32%

Home Bancorp has higher revenue and earnings than Farmers & Merchants Bancorp. Home Bancorp is trading at a lower price-to-earnings ratio than Farmers & Merchants Bancorp, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Farmers & Merchants Bancorp$190.68M2.57$33.31M$2.9112.21
Home Bancorp$209.23M2.57$46.06M$5.9811.47

Farmers & Merchants Bancorp has a beta of 0.8, suggesting that its share price is 20% less volatile than the broader market. Comparatively, Home Bancorp has a beta of 0.49, suggesting that its share price is 51% less volatile than the broader market.

Farmers & Merchants Bancorp pays an annual dividend of $0.92 per share and has a dividend yield of 2.6%. Home Bancorp pays an annual dividend of $1.28 per share and has a dividend yield of 1.9%. Farmers & Merchants Bancorp pays out 31.6% of its earnings in the form of a dividend. Home Bancorp pays out 21.4% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Farmers & Merchants Bancorp has raised its dividend for 19 consecutive years and Home Bancorp has raised its dividend for 10 consecutive years. Farmers & Merchants Bancorp is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

24.0% of Farmers & Merchants Bancorp shares are held by institutional investors. Comparatively, 49.4% of Home Bancorp shares are held by institutional investors. 7.3% of Farmers & Merchants Bancorp shares are held by company insiders. Comparatively, 6.2% of Home Bancorp shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

In the previous week, Home Bancorp had 1 more articles in the media than Farmers & Merchants Bancorp. MarketBeat recorded 1 mentions for Home Bancorp and 0 mentions for Farmers & Merchants Bancorp. Home Bancorp's average media sentiment score of 0.75 beat Farmers & Merchants Bancorp's score of 0.00 indicating that Home Bancorp is being referred to more favorably in the news media.

Company Overall Sentiment
Farmers & Merchants Bancorp Neutral
Home Bancorp Positive

Summary

Home Bancorp beats Farmers & Merchants Bancorp on 11 of the 18 factors compared between the two stocks.

How does Farmers & Merchants Bancorp compare to MetroCity Bankshares?

Farmers & Merchants Bancorp (NASDAQ:FMAO) and MetroCity Bankshares (NASDAQ:MCBS) are both small-cap finance companies, but which is the superior stock? We will compare the two businesses based on the strength of their risk, dividends, institutional ownership, valuation, analyst recommendations, media sentiment, profitability and earnings.

Farmers & Merchants Bancorp has a beta of 0.8, indicating that its stock price is 20% less volatile than the broader market. Comparatively, MetroCity Bankshares has a beta of 0.68, indicating that its stock price is 32% less volatile than the broader market.

Farmers & Merchants Bancorp pays an annual dividend of $0.92 per share and has a dividend yield of 2.6%. MetroCity Bankshares pays an annual dividend of $1.16 per share and has a dividend yield of 3.3%. Farmers & Merchants Bancorp pays out 31.6% of its earnings in the form of a dividend. MetroCity Bankshares pays out 40.3% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Farmers & Merchants Bancorp has raised its dividend for 19 consecutive years.

MetroCity Bankshares has a net margin of 28.40% compared to Farmers & Merchants Bancorp's net margin of 20.27%. MetroCity Bankshares' return on equity of 15.16% beat Farmers & Merchants Bancorp's return on equity.

Company Net Margins Return on Equity Return on Assets
Farmers & Merchants Bancorp20.27% 10.72% 1.16%
MetroCity Bankshares 28.40%15.16%1.82%

MetroCity Bankshares has higher revenue and earnings than Farmers & Merchants Bancorp. MetroCity Bankshares is trading at a lower price-to-earnings ratio than Farmers & Merchants Bancorp, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Farmers & Merchants Bancorp$190.68M2.57$33.31M$2.9112.21
MetroCity Bankshares$246.01M4.09$68.53M$2.8812.15

24.0% of Farmers & Merchants Bancorp shares are owned by institutional investors. Comparatively, 25.3% of MetroCity Bankshares shares are owned by institutional investors. 7.3% of Farmers & Merchants Bancorp shares are owned by company insiders. Comparatively, 20.2% of MetroCity Bankshares shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

Farmers & Merchants Bancorp presently has a consensus target price of $32.25, indicating a potential downside of 9.23%. MetroCity Bankshares has a consensus target price of $33.00, indicating a potential downside of 5.66%. Given MetroCity Bankshares' higher probable upside, analysts clearly believe MetroCity Bankshares is more favorable than Farmers & Merchants Bancorp.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Farmers & Merchants Bancorp
0 Sell rating(s)
2 Hold rating(s)
1 Buy rating(s)
1 Strong Buy rating(s)
2.75
MetroCity Bankshares
0 Sell rating(s)
1 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.50

In the previous week, Farmers & Merchants Bancorp's average media sentiment score of 0.00 equaled MetroCity Bankshares'average media sentiment score.

Company Overall Sentiment
Farmers & Merchants Bancorp Neutral
MetroCity Bankshares Neutral

Summary

MetroCity Bankshares beats Farmers & Merchants Bancorp on 10 of the 17 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding FMAO and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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FMAO vs. The Competition

MetricFarmers & Merchants BancorpBanks IndustryFinance SectorNASDAQ Exchange
Market Cap$489.25M$23.41B$13.84B$12.95B
Dividend Yield2.59%3.08%5.94%12.80%
P/E Ratio12.2127.0325.3125.38
Price / Sales2.579.38510.8578.69
Price / Cash12.8315.5530.0734.74
Price / Book1.321.372.736.32
Net Income$33.31M$2.58B$1.31B$358.20M
7 Day Performance-0.78%-0.73%-0.30%0.42%
1 Month Performance4.35%0.17%-0.36%-3.30%
1 Year Performance36.18%22.23%7.79%5.33%

Farmers & Merchants Bancorp Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
FMAO
Farmers & Merchants Bancorp
2.7015 of 5 stars
$35.53
flat
$32.25
-9.2%
+36.2%$489.25M$190.68M12.21477
FCBC
First Community Bancshares
2.1397 of 5 stars
$47.39
+0.2%
N/A+28.9%$894.08M$185.42M14.95614
FMBH
First Mid Bancshares
3.4786 of 5 stars
$51.02
flat
$54.63
+7.1%
+27.5%$1.36B$466.04M12.661,170
GABC
German American Bancorp
4.2552 of 5 stars
$49.91
+0.3%
$53.33
+6.9%
+20.4%$1.87B$487.40M13.17984
HBCP
Home Bancorp
3.054 of 5 stars
$69.41
+0.3%
$69.50
+0.1%
+22.3%$542.87M$209.23M11.61494

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This page (NASDAQ:FMAO) was last updated on 9/21/2026 by MarketBeat.com Staff.
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