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F&

Farmers & Merchants Bancorp, Inc. (FMAO)

NASDAQ • Financial Services

$35.78
+$0 (+0.0%)
Market closed

Last close at September 16, 2026 at 20:00 UTC

Open$35.99
Day Range$35.3 - $36.41
Avg. Volume (3M)45.5K
Market Cap$492.6M
P/E Ratio12.3
52 Week Range
$22.77$36.41
Next EarningsIn 40 daysOct 26, 2026

Metrics Over Time

Where the Money Goes

Q2 2026
Revenueeverything earned$50.7M100%
Gross Profitminus cost of goods$33.7M66%
Operating Incomeminus R&D and overhead$14.7M29%
Net Incomeminus taxes and the rest$11.7M23%

In plain terms: out of every $100 in revenue, Farmers & Merchants Bancorp, Inc. keeps $23 as net profit.

Fundamentals & Financials

Revenue (TTM)
$194.9M
Net Income (TTM)
$40M
EPS (TTM)
$2.91
ROA (TTM)
1.14%
Current Ratio
11.41
Dividend Yield
0.74%

TTM is calculated as the sum of the four most recently completed quarters. This is a standard approach when monthly or real-time data is not available.

Earnings

+8.4%Q1 2026$0.71
+2.9%Q2 2026$0.7
+27.8%Q3 2026$0.86
Next

Oct 26

in 40 daysQ4 2026

% — EPS deviation from the forecast (beat / miss); quarters without a forecast show the reported EPS

Latest report — Q3 2026
Beat +27.8%

Farmers & Merchants Bancorp’s earnings topped expectations as EPS of $0.86 came in above the $0.67 estimate (+28%), alongside sharply higher profitability in the second fiscal quarter of 2026, reported July 27, 2026. Revenue totaled roughly $50.8 million, with net interest income of about $28.9 million a key contributor for the community bank’s regional banking operations. Net income rose 53% year over year to around $11.8 million, up from about $7.7 million a year ago, while EPS increased 53.6% from $0.56. On profitability, operating income was roughly $14.8 million. The company also returned cash to shareholders by paying about $3.1 million in dividends during the quarter. For the next period, consensus calls for EPS of $0.81.

View full earnings history

About Farmers & Merchants Bancorp, Inc.

Farmers & Merchants Bancorp, Inc. is a community banking company on the NASDAQ Capital Market under the ticker FMAO that serves northwest Ohio and northeast Indiana through regional banking operations. In FY2025, the company generated $189.1 million in revenue through deposit accounts, lending, custodial services, and transaction services for individual customers and small businesses.

Name
Farmers & Merchants Bancorp, Inc.
CEO
Lars Eller
Website
www.fm.bank
Industry
Financial Services
Year Founded
1897
Employees
477

Today's Snapshot

AI-generated

The day ended with FMAO slightly higher at 35.78, while its sector was weaker. Shares changed hands at about half as much again as its usual level.

Trading Volume

Above 10d avg 41.1K

64.2K

vs S&P 500 Today

Outperforming Market

+0.61%

Updated: September 16, 2026 at 20:16 UTC

Technical Indicators

6 Buy1 Neutral1 Sell
FMAO presents a constructive technical picture with the market trading above short, medium and long moving averages and recent momentum readings and MACD supporting a bullish tilt. The RSI is firm but not extreme, while the ADX indicates a lack of strong trend conviction, suggesting the advance is present but not powerfully trending. Volume metrics are positive and ATR shows moderate, contained volatility. The price is near the classic pivot as mild near-term support. Technical takeaway: overall bias is Buy.
All signals
  • EMA (5 indicators)$29.21 - $35.30
    Buy
  • RSI (14)65.64
    Neutral
  • Stochastic %K (14, 3, 3)89.14
    Sell
  • MACD Level (12, 26)0.62
    Buy

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