FMAO

Farmers & Merchants Bancorp, Inc. NASDAQ Listed Jan 30, 2006

Financial Services ·Banks - Regional ·US · fm.bank

$27.61

Mkt Cap $380.1M

52w Low $22.59 69.3% of range 52w High $29.83

50d MA $26.11 200d MA $25.69

P/E (TTM) 8.0x

EV/EBITDA 12.7x

P/B 1.0x

Debt/Equity 0.8x

ROE 3.3%

P/FCF 9.8x

RSI (14) —

ATR (14) —

Beta 0.82

50d MA $26.11

200d MA $25.69

Avg Volume 43.6K

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. 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.

SIC Code

6035

CIK (SEC)

792966

Phone

419 446 2501

307 North Defiance Street · Archbold, OH 43502 · US

Date	Time	Est	Rptd	Surp	Base	Gap%	D1%	D2%	D3%	D4%	D5%	Guide ▲★
Apr 22, 2026	AMC	0.68	0.70	+2.9%	26.75	+0.0%	-0.9%	-0.4%	+2.7%	+3.4%	-0.3%	—
Feb 12, 2026	AMC	0.66	0.71	+8.4%	27.47	+1.4%	+7.6%	+5.4%	+1.2%	+0.3%	+1.3%	—
Oct 27, 2025	AMC	0.59	0.64	+8.5%	23.96	+0.8%	-0.3%	-4.0%	-1.2%	-0.3%	-0.6%	—
Jul 28, 2025	AMC	0.51	0.56	+9.8%	25.82	+5.5%	+1.3%	-4.1%	-7.0%	-7.9%	-4.6%	—
Apr 28, 2025	AMC	0.42	0.51	+21.4%	23.14	+0.6%	+8.0%	+13.1%	+5.0%	+10.9%	+8.5%	—
Feb 12, 2025	AMC	0.48	0.61	+27.1%	26.06	+2.7%	+1.3%	+0.7%	+0.3%	-0.6%	-2.1%	—
Oct 30, 2024	AMC	0.41	0.48	+17.1%	27.46	-0.3%	-1.3%	+0.3%	+1.3%	+5.2%	+17.1%	—
Aug 1, 2024	AMC	0.36	0.42	+16.7%	25.77	-5.7%	-2.6%	-5.5%	-6.6%	-7.8%	-5.6%	—
May 1, 2024	AMC	0.35	0.39	+11.4%	21.17	-0.1%	+3.5%	+2.9%	+3.8%	+2.3%	+3.3%	—
Feb 13, 2024	AMC	0.32	0.41	+28.1%	19.84	+3.0%	+7.4%	+12.6%	+11.9%	+9.5%	+6.6%	—
Oct 26, 2023	AMC	0.37	0.35	-5.4%	18.25	-0.1%	-4.3%	-7.0%	-4.5%	-6.0%	-2.6%	—
Jul 26, 2023	AMC	0.45	0.44	-2.2%	24.67	+0.3%	-6.0%	-8.5%	-13.6%	-13.7%	-12.1%	—

Date	Firm	Action	Grade	Target	Base	Open	Gap%	D1%	D2%	D3%	D4%	D5%
Apr 27	Piper Sandler	Maintains	Neutral → Neutral	—	$26.64	$26.64	+0.0%	+3.1%	+3.9%	+0.1%	+0.5%	+2.3%
Apr 24	Hovde Group	Reiterates	Market Perform	$28	$26.52	$26.36	-0.6%	+0.5%	+3.6%	+4.3%	+0.6%	+1.0%
Apr 2	Piper Sandler	Maintains	Neutral → Neutral	—	$25.95	$25.36	-2.3%	-0.3%	-1.3%	+0.7%	+2.5%	+5.1%
Aug 5	Piper Sandler	Maintains	Neutral → Neutral	—	$25.09	$22.86	-8.9%	-2.9%	-4.1%	-5.3%	-3.1%	-4.5%
Aug 1	Stephens & Co.	Maintains	Equal Weight → Equal Weight	—	$21.32	$21.32	+0.0%	-0.1%	+1.7%	+1.2%	-1.1%	-2.2%
Jul 28	Piper Sandler	Downgrade	Neutral → Underweight	—	$23.18	$23.60	+1.8%	-2.6%	-8.0%	-8.1%	-6.5%	-6.9%
Feb 9	Stephens & Co.	Maintains	Equal Weight → Equal Weight	—	$29.50	$29.25	-0.8%	-8.1%	-7.9%	-6.0%	-9.2%	-7.6%
Oct 24	Stephens & Co.	Maintains	Equal Weight → Equal Weight	—	$27.49	$27.62	+0.5%	+3.4%	+3.8%	+4.9%	+4.1%	+6.6%
Oct 21	Piper Sandler	Upgrade	Underweight → Neutral	—	$25.33	$25.56	+0.9%	+8.5%	+12.2%	+12.7%	+13.8%	+13.0%
Apr 22	Piper Sandler	Downgrade	Neutral → Underweight	—	$40.99	$38.91	-5.1%	-7.3%	-9.1%	-12.2%	-11.6%	-7.8%
Sep 29	Piper Sandler	Maintains	Neutral → Neutral	—	$20.21	$20.01	-1.0%	+1.7%	-1.0%	-0.9%	+0.0%	+0.3%
Jul 23	Piper Sandler	Maintains	Neutral → Neutral	—	$21.95	$21.78	-0.8%	+0.1%	-0.2%	+2.0%	-1.7%	-1.5%

Data updated apr 25, 2026 9:31am · Source: massive.com