Farmers & Merchants Bancorp (NASDAQ:FMAO) Posts Quarterly Earnings Results, Beats Estimates By $0.04 EPS

Posted by George Bondi on Oct 24th, 2026

Farmers & Merchants Bancorp (NASDAQ:FMAO – Get Free Report) released its quarterly earnings data on Thursday. The financial services provider reported $0.84 EPS for the quarter, beating analysts’ consensus estimates of $0.80 by $0.04, FiscalAI reports. Farmers & Merchants Bancorp had a return on equity of 11.32% and a net margin of 21.30%. The business had revenue of $34.81 million for the quarter, compared to the consensus estimate of $34.65 million.

Farmers & Merchants Bancorp Stock Performance

Shares of FMAO traded up $0.65 during midday trading on Friday, reaching $36.54. 78,990 shares of the stock were exchanged, compared to its average volume of 49,952. Farmers & Merchants Bancorp has a twelve month low of $22.91 and a twelve month high of $36.69. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.96 and a quick ratio of 0.96. The company has a market capitalization of $503.27 million, a price-to-earnings ratio of 11.75 and a beta of 0.81. The business’s 50-day moving average price is $34.94 and its 200 day moving average price is $31.28.

Farmers & Merchants Bancorp Announces Dividend

The company also recently announced a special dividend, which was paid on Tuesday, October 20th. Stockholders of record on Friday, October 9th were given a dividend of $0.01 per share. The ex-dividend date was Friday, October 9th. Farmers & Merchants Bancorp’s payout ratio is 30.87%.

Insider Transactions at Farmers & Merchants Bancorp

In other Farmers & Merchants Bancorp news, Director Andrew Briggs sold 2,402 shares of Farmers & Merchants Bancorp stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $35.05, for a total transaction of $84,190.10. Following the transaction, the director owned 49,148 shares of the company’s stock, valued at $1,722,637.40. The trade was a 4.66% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, EVP David R. Gerken sold 1,000 shares of the business’s stock in a transaction that occurred on Thursday, August 6th. The shares were sold at an average price of $33.72, for a total value of $33,720.00. Following the completion of the sale, the executive vice president owned 6,509 shares of the company’s stock, valued at approximately $219,483.48. This represents a 13.32% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 30,402 shares of company stock valued at $1,044,760. Insiders own 7.30% of the company’s stock.

Analyst Ratings Changes

Several research firms recently weighed in on FMAO. Zacks Research cut Farmers & Merchants Bancorp from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, September 29th. Wall Street Zen lowered shares of Farmers & Merchants Bancorp from a “buy” rating to a “hold” rating in a research note on Saturday, September 5th. Piper Sandler reissued a “neutral” rating and set a $36.00 price objective (up from $32.00) on shares of Farmers & Merchants Bancorp in a report on Wednesday, July 29th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Farmers & Merchants Bancorp in a report on Monday, September 14th. One analyst has rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $32.25.

Check Out Our Latest Analysis on Farmers & Merchants Bancorp

Farmers & Merchants Bancorp Company Profile

(Get Free Report)

Farmers & Merchants Bancorp, Inc is a bank holding company headquartered in Archbold, Ohio. Founded in 1897, the company operates through its principal subsidiary, The Farmers & Merchants State Bank, a community bank serving individuals, families, farmers and businesses.

The bank offers a range of traditional financial services, including checking and savings accounts, certificates of deposit, consumer and residential mortgage loans, commercial lending, agricultural loans and other business banking products.