NASDAQ · Banks - Regional · USD
Farmers & Merchants Bancorp, Inc. (FMAO) Stock Analysis
Farmers & Merchants Bancorp, Inc. (FMAO) is a Banks - Regional stock listed on NASDAQ and quoted in US Dollar.
Last Updated: October 21, 2026
Price History
No price data available
Hover for the daily close. The dotted line marks the period open.
FMAO Key Statistics
As of Oct 21, 2026Trading
- Open
- $35.70
- Previous Close
- $35.55
- Day's Range
- 34.79–35.70
- 52-Week Range
- 22.91–36.12
- Volume
- 58.58K
- BetaHow much the share price moves relative to the wider market. 1.0 moves in line with it; above 1.0 swings more, below 1.0 less.
- 0.81
Valuation
- Market Cap
- $484.82M
- P/E Ratio
- 12.18
- Forward P/EShare price divided by forecast earnings for the year ahead, rather than the year just past.
- 10.76
- P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
- 3.76
- EPS (ttm)Profit attributable to each share over the last twelve months.
- 2.89
Financials (FY)
- Revenue (FY)
- $117.62M+18.93%
- Net Income (FY)
- $33.31M+28.42%
- Profit marginThe share of revenue left as profit after all costs and taxes.
- 31.03%
- Shares Outstanding
- 13.77M
- 1-Year Return
- +47.50%
Dividend and dates
- Dividend
- $0.96+2.70%
- Ex-Dividend Date
- October 9, 2026
- Earnings Date
- October 26, 2026estimated
- Avg Volume
- 60.20K
Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.
Key facts
As of October 21, 2026, FMAO closed at $35.20, +47.50% over 1 year.
Farmers & Merchants Bancorp, Inc. (FMAO) has a market capitalization of $484.82M.
In fiscal 2025, FMAO reported revenue of $117.62M.
FMAO Stock Return by Calendar Year
Farmers & Merchants Bancorp, Inc. (FMAO) 10-year return: what $10,000 became
- 1 year
- $10,000 $14,750
- +47.50%
- 5 years
- $10,000 $16,980
- +69.80%
- 10 years
- $10,000 $27,954
- +179.54%
If you had invested $10,000 in Farmers & Merchants Bancorp, Inc. (FMAO) 10 years ago, at the close on October 21, 2016, it would have been worth $27,954 at the close on October 21, 2026: +179.54% in total, +10.83% a year, with dividends reinvested. A historical calculation from closing prices adjusted for splits and dividends, before fees and taxes.
Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.
| Year | Return |
|---|---|
| 2026 (partial year) | +44.78% |
| 2025 | −12.98% |
| 2024 | +23.06% |
| 2023 | −5.27% |
| 2022 | −14.95% |
| 2021 | +46.86% |
| 2020 | −21.38% |
| 2019 | −19.94% |
| 2018 | −4.39% |
| 2017 | +137.14% |
| 2016 (partial year) | +10.24% |
As of October 21, 2026.
FMAO Revenue and Earnings by Fiscal Year
FY ends December| Fiscal year | Revenue | Net income | Net margin |
|---|---|---|---|
| 2025 | $117.62M | $33.31M | 28.3% |
| 2024 | $98.90M | $25.94M | 26.2% |
| 2023 | $93.64M | $22.79M | 24.3% |
| 2022 | $99.30M | $32.52M | 32.7% |
| Fiscal year | Revenue | Gross profit | Operating income | Net income | Net margin |
|---|---|---|---|---|---|
| 2025 | $117.62M | — | — | $33.31M | 28.3% |
| 2024 | $98.90M | — | — | $25.94M | 26.2% |
| 2023 | $93.64M | — | — | $22.79M | 24.3% |
| 2022 | $99.30M | — | — | $32.52M | 32.7% |
Annual figures as reported, in the company's reporting currency. As of December 31, 2025.
FMAO Dividend History
Dividends per share, 2025 · 4 payments
| Year | Dividends per share | Payments | Change |
|---|---|---|---|
| 2026* | $0.46 | 2 | — |
| 2025 | $0.90 | 4 | +2.0% |
| 2024 | $0.88 | 4 | +3.8% |
| 2023 | $0.85 | 4 | +4.6% |
| Year | Dividends per share | Payments | Change |
|---|---|---|---|
| 2026 (partial year) | $0.46 | 2 | — |
| 2025 | $0.90 | 4 | +2.0% |
| 2024 | $0.88 | 4 | +3.8% |
| 2023 | $0.85 | 4 | +4.6% |
| 2022 | $0.81 | 4 | +14.5% |
| 2021 | $0.71 | 4 | +7.6% |
| 2020 | $0.66 | 4 | +8.2% |
| 2019 | $0.61 | 4 | +8.9% |
| 2018 | $0.56 | 4 | +12.0% |
| 2017 | $0.50 | 4 | +334.8% |
| 2016 | $0.12 | 1 | — |
Most recent payment: $0.23 per share, ex-dividend July 10, 2026. Per-share amounts summed by calendar year from ex-dividend dates. Partial years are shown muted and marked with an asterisk.
FMAO Valuation vs Banks - Regional Median
Median of 326 stocks| Metric | FMAO | Banks - Regional median | vs median |
|---|---|---|---|
| P/E | 12.18 | 12.03 | 1% above |
| P/S ratio | 3.76 | 3.58 | 5% above |
| Profit margin | 31.03% | 29.44% | 1.6 pts above |
Medians across 326 Banks - Regional stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of October 21, 2026.
Recent News
Farmers & Merchants Bancorp: Rising NIM Supports Re-Rating
SeekingAlphaFarmers & Merchants Bancorp, Inc. Announces 32nd Consecutive Annual Increase in Dividend and a Special Dividend Commemorating America’s 250th Anniversary
YahooFarmers & Merchants Bancorp Raises Its Quarterly Cash Dividend From $0.23 To $0.24; Board Declares Additional $0.01 Per Share Special Dividend, Bringing Total Third-quarter Payment To $0.25 Per Share
BenzingaZacks.com featured highlights include Wayfair, Alarm.com, ATI, Farmers & Merchants and Amerant
YahooPiper Sandler Maintains Neutral on Farmers & Merchants, Raises Price Target to $36
BenzingaFarmers & Merchants Q2 EPS $0.86 Beats $0.67 Estimate, Sales $34.350M Beat $30.500M Estimate
Benzinga
All 7 articles ↓Show fewer ↑
News provided by third-party sources. Not financial advice.
Analysis
Data-derivedEvery figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 2026.
Related Banks - Regional Stocks
Mizuho Financial Group, Inc.
$120.84B
HDBHDFC Bank Limited
$116.51B
ITUBItaú Unibanco Holding S.A.
$106.91B
IBNICICI Bank Limited
$106.04B
USBU.S. Bancorp
$92.00B
PNCThe PNC Financial Services Group, Inc.
$88.92B
Popular Financial Services Stocks
Berkshire Hathaway Inc.
$1.11T
JPMJPMorgan Chase & Co.
$890.13B
VVisa Inc.
$765.68B
MAMastercard Incorporated
$545.42B
BACBank of America Corporation
$358.24B






