FMAO - Farmers & Merchants Bancorp Inc Stock Price, Fair Value and News

22.81USD+0.04 (+0.18%)Market Closed

Market Summary

USD22.81+0.04

Market Closed

0.18%

FMAO Stock Price

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FMAO RSI Chart

FMAO Valuation

Market Cap

312.1M

Price/Earnings (Trailing)

14.4

Price/Sales (Trailing)

2.13

EV/EBITDA

2.88

Price/Free Cashflow

26.37

FMAO Price/Sales (Trailing)

FMAO Profitability

EBT Margin

18.47%

Return on Equity

6.82%

Return on Assets

0.66%

Free Cashflow Yield

3.79%

FMAO Fundamentals

FMAO Revenue

Revenue (TTM)

146.7M

Rev. Growth (Yr)

21.55%

Rev. Growth (Qtr)

FMAO Earnings

Earnings (TTM)

21.7M

Earnings Growth (Yr)

-17.12%

Earnings Growth (Qtr)

-3.32%

Breaking Down FMAO Revenue

Last 7 days

1.6%

Last 30 days

14.9%

Last 90 days

2.8%

Trailing 12 Months

11.7%

How does FMAO drawdown profile look like?

FMAO Financial Health

FMAO Investor Care

Dividend Yield

3.77%

Dividend/Share (TTM)

0.86

Shares Dilution (1Y)

0.38%

Diluted EPS (TTM)

1.59

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	146.7M	0	0	0
2023	111.1M	120.5M	131.0M	139.8M
2022	82.0M	88.4M	94.1M	101.1M
2021	69.5M	69.7M	72.6M	76.8M
2020	69.9M	68.9M	69.2M	70.2M
2019	51.2M	57.9M	63.2M	68.3M
2018	42.7M	44.1M	45.3M	46.4M
2017	38.4M	39.2M	40.1M	41.2M
2016	34.5M	35.6M	36.7M	37.7M
2015	33.5M	33.5M	33.4M	33.6M
2014	31.9M	32.4M	33.1M	33.5M
2013	32.5M	31.7M	31.3M	31.4M
2012	35.5M	35.2M	34.6M	33.3M
2011	39.2M	38.2M	37.0M	36.7M
2010	0	40.7M	40.3M	39.9M
2009	0	0	0	41.1M

Get all data in R, Python etc through our Historical Stock Data APIs

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Tracking the Latest Insider Buys and Sells of Farmers & Merchants Bancorp Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 21, 2024	boyce ian d	bought	5,283	21.1324	250	-
Mar 01, 2024	hornish jo ellen	bought	73,892	20.56	3,594	-
Nov 21, 2023	burkholder eugene n	bought	18,990	18.99	1,000	-
Aug 18, 2023	burkholder eugene n	bought	19,400	19.4	1,000	-
Aug 15, 2023	planson steven j	bought	26,030	19.75	1,318	-
Jun 01, 2023	vernon david p	acquired	-	-	754	-
Jun 01, 2023	frank simon r.	acquired	-	-	754	-
Jun 01, 2023	johnson jack cornelius	acquired	-	-	754	chairman
Jun 01, 2023	hornish jo ellen	acquired	-	-	754	-
Jun 01, 2023	eller lars b	acquired	-	-	754	president & ceo

Which funds bought or sold FMAO recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	reduced	-38.94	-23,419	28,487	-%
May 15, 2024	BANK OF AMERICA CORP /DE/	reduced	-36.46	-243,516	324,230	-%
May 15, 2024	DEUTSCHE BANK AG\	added	2.83	-13,956	170,184	-%
May 15, 2024	CITADEL ADVISORS LLC	sold off	-100	-403,992	-	-%
May 15, 2024	Royal Bank of Canada	reduced	-45.91	-92,000	86,000	-%
May 15, 2024	BRIDGEWAY CAPITAL MANAGEMENT, LLC	unchanged	-	-179,716	1,595,960	0.03%
May 15, 2024	PERRITT CAPITAL MANAGEMENT INC	unchanged	-	-12,550	111,450	0.06%
May 15, 2024	Tower Research Capital LLC (TRC)	reduced	-96.98	-30,401	847	-%
May 15, 2024	BARCLAYS PLC	reduced	-49.74	-236,000	194,000	-%
May 15, 2024	FIRST MANHATTAN CO. LLC.	unchanged	-	-8,785	78,015	-%

Are Funds Buying or Selling FMAO?

Are funds buying FMAO calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own FMAO

No. of Funds

Unveiling Farmers & Merchants Bancorp Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Jan 31, 2024	blackrock inc.	6.7%	914,562	SC 13G/A
Feb 09, 2023	blackrock inc.	5.9%	797,362	SC 13G
Jul 12, 2021	blackrock inc.	0.6%	71,896	SC 13G/A
Feb 07, 2020	blackrock inc.	5.2%	584,683	SC 13G

Recent SEC filings of Farmers & Merchants Bancorp Inc

View All Filings

Date Filed	Form Type	Document
May 14, 2024	4/A	Insider Trading
May 14, 2024	4/A	Insider Trading
May 14, 2024	4	Insider Trading
May 14, 2024	4	Insider Trading
May 08, 2024	10-Q	Quarterly Report
May 03, 2024	8-K	Current Report
May 01, 2024	8-K	Current Report
Apr 30, 2024	8-K	Current Report
Mar 27, 2024	4	Insider Trading
Mar 15, 2024	DEF 14A	DEF 14A

Peers (Alternatives to Farmers & Merchants Bancorp Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
JPM	588.1B	174.7B	13.73%	46.82%	11.68	3.37	53.11%	19.83%
BAC	307.4B	137.9B	11.58%	38.08%	12.28	2.23	56.12%	-12.56%
WFC	213.0B	85.8B	6.86%	51.95%	11.35	2.48	35.02%	26.14%
C	122.2B	125.0B	10.16%	38.13%	15.29	0.98	37.85%	-
CFG	16.9B	10.4B	12.51%	41.04%	11.81	1.62	26.22%	-33.87%
KEY	14.5B	8.1B	6.72%	53.23%	16.61	1.78	32.15%	-50.93%
MID-CAP
CMA	7.3B	4.2B	10.08%	41.38%	10.46	1.71	34.68%	-45.96%
ZION	6.6B	4.1B	14.23%	65.05%	10.55	1.63	32.93%	-30.73%
ABCB	3.5B	1.3B	13.35%	57.95%	12.32	2.65	30.60%	-12.99%
ASB	3.4B	2.0B	11.57%	43.03%	20.88	1.65	47.11%	-59.32%
SMALL-CAP
AMNB	497.6M	120.2M	6.68%	49.76%	19.02	4.14	45.65%	-13.98%
AROW	417.1M	173.1M	15.06%	27.00%	14.3	2.41	26.54%	-34.86%
ALRS	390.4M	152.4M	-0.90%	32.84%	39.27	2.56	16.94%	-73.84%
ACNB	295.5M	98.7M	10.19%	20.01%	10.04	2.99	6.27%	-22.90%
ASRV	48.0M	62.5M	8.95%	-1.75%	-16.24	0.77	18.83%	-145.18%

Farmers & Merchants Bancorp Inc News

Latest updates

Farmers & Merchants Bancorp Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	1.0%	39.00	38.00	36.00	33.00	32.00	29.00	26.00	24.00	22.00	22.00	20.00	18.00	17.00	18.00	17.00	17.00	17.00	17.00	17.00	18.00	16.00
S&GA Expenses	-4.0%	2.00	3.00	2.00	3.00	3.00	3.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	1.00	2.00	2.00	2.00	1.00	2.00	2.00	2.00
EBITDA Margin	-7.1%	0.73*	0.79*	0.87*	1.02*	1.15*	1.26*	1.33*	1.33*	1.32*	1.29*	1.29*	1.27*	-	-	-	-	-	-	-	-	-
Interest Expenses	0.9%	20.00	20.00	20.00	20.00	22.00	23.00	23.00	22.00	20.00	20.00	18.00	16.00	15.00	16.00	15.00	15.00	14.00	13.00	13.00	15.00	13.00
Income Taxes	6.5%	1.00	1.00	1.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	1.00	1.00	2.00	1.00	1.00	1.00	1.00	1.00	2.00	1.00
Earnings Before Taxes	-1.4%	7.00	7.00	6.00	8.00	8.00	9.00	11.00	10.00	10.00	10.00	8.00	6.00	6.00	8.00	6.00	6.00	5.00	6.00	5.00	8.00	4.00
EBT Margin	-8.9%	0.18*	0.20*	0.23*	0.30*	0.35*	0.40*	0.44*	0.43*	0.41*	0.38*	0.39*	0.38*	-	-	-	-	-	-	-	-	-
Net Income	-3.3%	5.00	6.00	5.00	6.00	6.00	7.00	9.00	8.00	8.00	8.00	6.00	5.00	5.00	7.00	4.00	5.00	4.00	5.00	4.00	6.00	3.00
Net Income Margin	-9.3%	0.15*	0.16*	0.19*	0.24*	0.28*	0.32*	0.35*	0.34*	0.33*	0.31*	0.31*	0.30*	-	-	-	-	-	-	-	-	-
Free Cashflow	-85.4%	1.00	9.00	2.00	0.00	1.00	18.00	-1.19	14.00	7.00	7.00	14.00	6.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	0.1%	3,288	3,283	3,235	3,147	3,070	3,015	2,784	2,675	2,686	2,638	2,219	2,167	1,993	1,910	1,827	1,784	1,655	1,607	1,575	1,531	1,466
Cash Equivalents	-100.0%	-	4.00	-	-	-	17.00	-	-	-	19.00	-	-	-	6.00	-	-	-	2.00	-	-	-
Net PPE	-2.2%	35.00	36.00	32.00	30.00	29.00	28.00	26.00	26.00	27.00	27.00	26.00	27.00	27.00	27.00	27.00	26.00	26.00	26.00	26.00	26.00	25.00
Goodwill	0%	86.00	86.00	86.00	86.00	86.00	86.00	6.00	80.00	80.00	80.00	25.00	56.00	47.00	47.00	47.00	47.00	47.00	47.00	47.00	47.00	47.00
Liabilities	0.1%	2,970	2,967	2,931	2,843	2,764	2,717	2,503	2,394	2,400	2,341	1,964	1,916	1,746	1,660	1,583	1,544	1,419	1,377	1,347	1,307	1,249
Shareholder's Equity	0.4%	318	317	303	305	306	298	281	281	286	297	255	251	247	249	243	240	236	230	227	224	217
Retained Earnings	1.2%	224	221	219	216	213	212	208	201	195	189	184	180	177	174	168	165	162	160	157	154	149
Shares Outstanding	0%	15.00	15.00	15.00	15.00	15.00	15.00	14.00	14.00	14.00	14.00	12.00	12.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	306,922	-	-	-	434	-	-	-	244	-	-	-	236	-	-	-	323	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-86.0%	1,483	10,582	4,799	3,690	3,075	18,700	-466	14,538	7,897	7,464	14,244	6,588	6,445	10,889	8,502	3,340	4,651	3,915	6,919	5,292	7,805
Share Based Compensation	30.7%	434	332	343	300	306	259	208	219	213	213	213	171	225	197	239	290	298	263	234	157	434
Cashflow From Investing	188.2%	42,352	-47,998	-4,618	-73,230	-68,242	-99,528	-110,424	-71,438	-108,514	-39,118	-51,597	-82,875	-92,104	1,284	-43,180	-130,023	-5,805	-93,803	-52,337	-18,342	15,166
Cashflow From Financing	-93.4%	1,746	26,435	81,808	76,408	45,083	94,567	110,121	-11,183	59,316	54,399	44,312	51,906	85,453	75,780	36,990	121,287	40,695	26,592	36,732	54,479	20,513
Dividend Payments	4.8%	2,974	2,838	2,834	2,832	2,831	2,727	2,625	2,462	2,462	2,004	1,888	1,889	1,889	1,882	1,768	1,768	1,768	1,657	1,654	1,655	1,379
Buy Backs	394.7%	94.00	19.00	194	-	-	-	254	-	-	7.00	107	201	23.00	7.00	150	56.00	170	3.00	165	-	213

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FMAO Income Statement

2024-03-31

Condensed Consolidated Statements of Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Interest Income
Loans, including fees	$ 35,200	$ 29,703
Debt securities:
U.S. Treasury and government agencies	1,045	1,068
Municipalities	394	408
Dividends	333	123
Federal funds sold	7	21
Other	1,675	479
Total interest income	38,654	31,802
Interest Expense
Deposits	15,279	8,151
Federal funds purchased and securities sold under agreements to repurchase	284	405
Borrowed funds	2,689	1,280
Subordinated notes	284	284
Total interest expense	18,536	10,120
Net Interest Income - Before Provision for Credit Losses*	20,118	21,682
Provision for Credit Losses-Loans*	(289)	817
Provision for Credit Losses-Off Balance Sheet Credit Exposures*	(266)	62
Net Interest Income After Provision for Credit Losses*	20,673	20,803
Noninterest Income
Net gain on sale of loans	107	67
Net loss on sale of available-for-sale securities		(891)
Total noninterest income	3,946	4,177
Noninterest Expense
Salaries and wages	7,846	6,657
Employee benefits	2,171	2,165
Net occupancy expense	1,027	856
Furniture and equipment	1,353	1,252
Data processing	500	726
Franchise taxes	555	366
ATM expense	473	623
Advertising	530	514
FDIC assessment	580	306
Servicing rights amortization - net	168	159
Consulting fees	186	230
Other general and administrative	2,452	3,077
Total noninterest expense	17,841	16,931
Income Before Income Taxes	6,778	8,049
Income Taxes	1,419	1,583
Net Income	$ 5,359	$ 6,466
Basic Earnings Per Share	$ 0.39	$ 0.47
Diluted Earnings Per Share	0.39	0.47
Dividends Declared	$ 0.22	$ 0.21
Customer Service Fees [Member]
Noninterest Income
Noninterest income	$ 2,782	$ 2,447
Other Service Charges and Fees [Member]
Noninterest Income
Noninterest income	$ 1,057	$ 2,554

FMAO Balance Sheet

2024-03-31

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Assets
Cash and due from banks	$ 186,541	$ 140,917
Federal funds sold	1,241	1,284
Total cash and cash equivalents	187,782	142,201
Interest-bearing time deposits	2,735	2,740
Securities - available-for-sale	347,516	358,478
Other securities, at cost	14,744	17,138
Loans held for sale	2,410	1,576
Loans, net of allowance for credit losses of $24,680 and $25,024	2,516,687	2,556,167
Premises and equipment	35,007	35,790
Construction in progress	9	8
Goodwill	86,358	86,358
Loan servicing rights	5,555	5,648
Bank owned life insurance	34,123	33,907
Other assets	54,628	43,218
Total Assets	3,287,554	3,283,229
Deposits
Noninterest-bearing	510,731	528,465
Interest-bearing
NOW accounts	829,236	816,790
Savings	635,430	599,191
Time	645,985	663,017
Total deposits	2,621,382	2,607,463
Securities sold under agreements to repurchase	28,218	28,218
Federal Home Loan Bank (FHLB) advances	256,628	265,750
Subordinated notes, net of unamortized issuance costs	34,731	34,702
Dividend payable	2,975	2,974
Accrued expenses and other liabilities	25,930	27,579
Total liabilities	2,969,864	2,966,686
Commitments and Contingencies
Stockholders' Equity
Common stock - No par value 20,000,000 shares authorized; issued and outstanding 14,564,425 shares 3/31/24 and 12/31/23	135,482	135,515
Treasury stock - 881,155 shares 3/31/24, 899,784 shares 12/31/23	(10,851)	(11,040)
Retained earnings	223,648	221,080
Accumulated other comprehensive loss	(30,589)	(29,012)
Total stockholders' equity	317,690	316,543
Total Liabilities and Stockholders' Equity	$ 3,287,554	$ 3,283,229

About Farmers & Merchants Bancorp Inc

Farmers & Merchants Bancorp, Inc. operates as the bank holding company for The Farmers & Merchants State Bank that provides commercial banking services to individuals and small businesses in northwest Ohio and northeast Indiana. The company offers checking, savings, and time deposit accounts; certificates of deposit; and custodial services for individual retirement and health savings accounts. It also provides commercial, agricultural, and residential mortgage, as well as consumer and credit card lending products; loans for farmland, farm equipment, and livestock; operating loans for seeds, fertilizers, and feeds; home improvement loans; and loans for autos, trucks, recreational vehicles, and motorcycles, as well as home and personal loan. In addition, the company offers commercial real estate loans, such as lines of credit and machinery purchase loans. Further, it provides automated teller machine or interactive teller machine services; and online and mobile banking, remote deposit capture or electronic deposit processing, and merchant credit card services. It also offers electronic transaction origination, such as wire and automated clearing house file transmittal services. Farmers & Merchants Bancorp, Inc. was founded in 1897 and is headquartered in Archbold, Ohio.

CEO	Mr. Lars B. Eller
WEBSITE	fm.bank
INDUSTRY	Banks Diversified
EMPLOYEES	460

Farmers & Merchants Bancorp Inc Frequently Asked Questions

What is the ticker symbol for Farmers & Merchants Bancorp Inc? What does FMAO stand for in stocks?

FMAO is the stock ticker symbol of Farmers & Merchants Bancorp Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Farmers & Merchants Bancorp Inc (FMAO)?

As of Fri May 17 2024, market cap of Farmers & Merchants Bancorp Inc is 312.09 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of FMAO stock?

You can check FMAO's fair value in chart for subscribers.

What is the fair value of FMAO stock?

You can check FMAO's fair value in chart for subscribers. The fair value of Farmers & Merchants Bancorp Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Farmers & Merchants Bancorp Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for FMAO so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Farmers & Merchants Bancorp Inc a good stock to buy?

The fair value guage provides a quick view whether FMAO is over valued or under valued. Whether Farmers & Merchants Bancorp Inc is cheap or expensive depends on the assumptions which impact Farmers & Merchants Bancorp Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for FMAO.

What is Farmers & Merchants Bancorp Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, FMAO's PE ratio (Price to Earnings) is 14.4 and Price to Sales (PS) ratio is 2.13. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. FMAO PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Farmers & Merchants Bancorp Inc's stock?

In the past 10 years, Farmers & Merchants Bancorp Inc has provided 0.083 (multiply by 100 for percentage) rate of return.