FMAONasdaqSavings Institution, Federally CharteredFiscal year ends December 31
FARMERS & MERCHANTS BANCORP INC
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 29, 2026
$35.04−0.28 (-0.79%)
Close on Oct 19, 2026
- Market cap
- $476.56M
- P/E (TTM)
- 12.0
- Dividend yield
- 2.57%
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
36.4%
5M of 14M shares
Institutional holders
117
21 new, 9 sold out
Net institutional buying
0M
In Q2 2026
Insider trades, 12 months
4 buys · 72 sales
Net sold $6.23M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| BlackRock, Inc. | 914,562 | 6.70% | 13G (passive) amendment | Dec 31, 2023 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of FMAO | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| BlackRock, Inc. | 1,087,009 | 7.89% | $33.24M | +163,682 | 0.00% |
| Vanguard Capital Management LLC | 577,302 | 4.19% | $17.65M | +42,564 | 0.00% |
| Geode Capital Management, LLC | 334,406 | 2.43% | $10.23M | +25,199 | 0.00% |
| Manufacturers Life Insurance Company, The | 289,178 | 2.10% | $8.84M | −1,442 | 0.01% |
| Dimensional Fund Advisors LP | 268,387 | 1.95% | $8.21M | +41,470 | 0.00% |
| State Street Corp | 268,035 | 1.95% | $8.20M | +43,697 | 0.00% |
| Goelzer Investment Management, Inc. | 223,604 | 1.62% | $6.84M | −105,000 | 0.30% |
| American Century Companies Inc | 186,959 | 1.36% | $5.72M | +125,458 | 0.00% |
| Mendel Money Management | 115,877 | 0.84% | $3.54M | −7,201 | 1.30% |
| Northern Trust Corp | 106,346 | 0.77% | $3.25M | +11,410 | 0.00% |
| Gryphon Financial Partners LLC | 100,185 | 0.73% | $3.06M | – | 0.27% |
| Vanguard Portfolio Management LLC | 90,988 | 0.66% | $2.78M | +18,163 | 0.00% |
| Quantinno Capital Management LP | 85,334 | 0.62% | $2.61M | +47,293 | 0.00% |
| Vanguard Fiduciary Trust Co | 84,903 | 0.62% | $2.60M | −1,301 | 0.00% |
| Aqr Capital Management LLC | 74,087 | 0.54% | $2.27M | +59,169 | 0.00% |
| Segall Bryant & Hamill, LLC | 68,167 | 0.49% | $2.08M | +16,793 | 0.02% |
| Acadian Asset Management LLC | 61,586 | 0.45% | $1.88K | +52,932 | 0.00% |
| Renaissance Technologies LLC | 56,881 | 0.41% | $1.74M | New | 0.00% |
| Citadel Advisors LLC | 55,111 | 0.40% | $1.69M | +36,077 | 0.00% |
| Bank of New York Mellon Corp | 49,847 | 0.36% | $1.52M | +4,712 | 0.00% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 117 | 5M | 36.4% | 21 / 51 | 20 / 9 | 1M | 1M |
| Q1 2026 | 107 | 5M | 32.8% | 18 / 38 | 31 / 2 | 1M | 1M |
| Q4 2025 | 92 | 5M | 33.1% | 11 / 34 | 27 / 7 | 1M | 0M |
| Q3 2025 | 88 | 4M | 27.3% | 19 / 28 | 18 / 9 | 0M | 0M |
| Q2 2025 | 78 | 4M | 26.7% | 11 / 26 | 19 / 5 | 0M | 0M |
| Q1 2025 | 72 | 4M | 26.6% | 9 / 18 | 29 / 6 | 0M | 0M |
| Q4 2024 | 71 | 4M | 26.8% | 9 / 29 | 13 / 6 | 0M | 0M |
| Q3 2024 | 68 | 4M | 26.3% | 14 / 23 | 13 / 8 | 1M | 0M |
| Q2 2024 | 63 | 3M | 24.5% | 11 / 19 | 19 / 6 | 0M | 0M |
| Q1 2024 | 58 | 3M | 24.8% | 6 / 19 | 16 / 7 | 0M | 0M |
| Q4 2023 | 59 | 3M | 24.1% | 10 / 24 | 13 / 4 | 0M | 0M |
| Q3 2023 | 53 | 3M | 22.0% | 5 / 19 | 15 / 6 | 0M | 0M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of FMAO | Value | % of fund | As of |
|---|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund | 416,556 | 3.02% | $12.74M | 0.00% | Jun 30, 2026 |
| iShares Russell 2000 ETF | 395,214 | 2.87% | $12.09M | 0.01% | Jun 30, 2026 |
| Regional Bank Fund | 152,078 | 1.10% | $5.07M | 0.53% | Jul 31, 2026 |
| Fidelity Small Cap Index Fund | 150,491 | 1.09% | $5.02M | 0.01% | Jul 31, 2026 |
| Vanguard Extended Market Index Fund | 148,624 | 1.08% | $4.54M | 0.00% | Jun 30, 2026 |
| iShares Russell 2000 Value ETF | 146,191 | 1.06% | $4.47M | 0.03% | Jun 30, 2026 |
| Avantis U.S. Small Cap Value ETF | 115,324 | 0.84% | $3.22M | 0.01% | May 31, 2026 |
| Fidelity Extended Market Index Fund | 68,322 | 0.50% | $1.91M | 0.00% | May 31, 2026 |
| Vanguard Russell 2000 Index Fund | 65,379 | 0.47% | $1.83M | 0.01% | May 31, 2026 |
| iShares Micro-Cap ETF | 46,730 | 0.34% | $1.43M | 0.09% | Jun 30, 2026 |
| U.S. Small Cap Value Portfolio | 34,233 | 0.25% | $1.14M | 0.01% | Jul 31, 2026 |
| Schwab Small-Cap Index Fund | 33,127 | 0.24% | $1.11M | 0.01% | Jul 31, 2026 |
| U.S. Small Cap Portfolio | 32,237 | 0.23% | $1.08M | 0.01% | Jul 31, 2026 |
| EA Bridgeway Omni Small-Cap Value ETF | 29,657 | 0.22% | $906.91K | 0.04% | Jun 30, 2026 |
| Dimensional U.S. Small Cap ETF | 28,392 | 0.21% | $947.16K | 0.01% | Jul 31, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Lars B. Eller | President & CEO, Director | 33,874 | 0.25% | Jun 4, 2026 |
| Marcia Sloan Latta | Vice Chairman of the Board, Director | 9,152 | 0.07% | Jun 4, 2026 |
| David R. Gerken | EVP/CLO | 6,509 | 0.05% | Aug 6, 2026 |
| Eric D. Faust | Chief Risk Officer | 5,538 | 0.04% | Mar 25, 2026 |
| Andrew S. Baker | SVP/Chief Strategy Officer | 6,187 | 0.04% | Mar 11, 2026 |
| Barbara J. Britenriker | Exec. Vice President | 33,930 | 0.25% | Mar 3, 2026 |
| Shalini Singhal | SVP/Chief Information Officer | 8,949 | 0.06% | Mar 3, 2026 |
| Gregory R. Allen | Director | 433 | 0.00% | Sep 25, 2026 |
| Ahmed Alomari | Director | 1,109 | 0.01% | Sep 21, 2026 |
| Lori Ann Johnston | Director | 3,820 | 0.03% | Sep 21, 2026 |
| Ian D. Boyce | Director | 3,437 | 0.02% | Sep 21, 2026 |
| Simon R. Frank | Director | 3,651 | 0.03% | Sep 21, 2026 |
| Steven J. Planson | Director | 41,229 | 0.30% | Sep 21, 2026 |
| Kevin J. Sauder | Director | 12,755 | 0.09% | Sep 21, 2026 |
| Andrew J. Briggs | Director | 549,393 | 3.99% | Aug 18, 2026 |
| Kevin G. Frey | Director | 82,836 | 0.60% | Jun 4, 2026 |
| David P. Vernon | Director | 50,471 | 0.37% | Jun 4, 2026 |
| Jo Ellen Hornish | Director | 41,008 | 0.30% | Jun 6, 2025 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Gregory R. Allen Director | Sep 25, 2026 | Award | +133 | $35.03 | $4.66K | 433 |
| Kevin J. Sauder Director | Sep 18, 2026 | Award | +263 | $35.67 | $9.38K | 8,775 |
| Ian D. Boyce Director | Sep 18, 2026 | Award | +176 | $35.67 | $6.28K | 3,437 |
| Ahmed Alomari Director | Sep 18, 2026 | Award | +176 | $35.67 | $6.28K | 1,109 |
| Lori Ann Johnston Director | Sep 18, 2026 | Award | +403 | $35.67 | $14.38K | 3,820 |
| Simon R. Frank Director | Sep 18, 2026 | Award | +386 | $35.67 | $13.77K | 3,651 |
| Steven J. Planson Director | Sep 18, 2026 | Award | +351 | $35.67 | $12.52K | 29,857 |
| Andrew J. Briggs Director | Aug 18, 2026 | Sale(10b5-1 plan) | −2,402 | $35.05 | $84.19K | 49,148 |
| Andrew J. Briggs Director | Aug 17, 2026 | Sale(10b5-1 plan) | −3,000 | $35.11 | $105.33K | 51,550 |
| Andrew J. Briggs Director | Aug 14, 2026 | Sale(10b5-1 plan) | −3,000 | $35.38 | $106.14K | 54,550 |
| Andrew J. Briggs Director | Aug 13, 2026 | Sale(10b5-1 plan) | −3,000 | $35.19 | $105.57K | 57,550 |
| Andrew J. Briggs Director | Aug 12, 2026 | Sale(10b5-1 plan) | −3,000 | $34.94 | $104.82K | 60,550 |
| Andrew J. Briggs Director | Aug 11, 2026 | Sale(10b5-1 plan) | −3,000 | $34.46 | $103.38K | 63,550 |
| Andrew J. Briggs Director | Aug 10, 2026 | Sale(10b5-1 plan) | −3,000 | $34.54 | $103.62K | 66,550 |
| Andrew J. Briggs Director | Aug 7, 2026 | Sale(10b5-1 plan) | −3,000 | $34.08 | $102.24K | 69,550 |
| Andrew J. Briggs Director | Aug 6, 2026 | Sale(10b5-1 plan) | −3,000 | $34.24 | $102.72K | 72,550 |
| David R. Gerken EVP/CLO | Aug 6, 2026 | Sale | −1,000 | $33.72 | $33.72K | 6,509 |
| Andrew J. Briggs Director | Aug 5, 2026 | Sale(10b5-1 plan) | −3,000 | $34.76 | $104.28K | 75,550 |
| Andrew J. Briggs Director | Aug 4, 2026 | Sale(10b5-1 plan) | −3,000 | $33.67 | $101.01K | 78,550 |
| Andrew J. Briggs Director | Aug 3, 2026 | Sale(10b5-1 plan) | −3,000 | $33.69 | $101.07K | 81,550 |
| Gregory R. Allen Director | Aug 3, 2026 | Buy | +300 | $34.47 | $10.34K | 300 |
| Andrew J. Briggs Director | Jul 31, 2026 | Sale(10b5-1 plan) | −3,000 | $33.07 | $99.21K | 84,550 |
| Andrew J. Briggs Director | Jul 30, 2026 | Sale(10b5-1 plan) | −3,000 | $34.86 | $104.58K | 87,550 |
| Andrew J. Briggs Director | Jul 29, 2026 | Sale(10b5-1 plan) | −3,000 | $34.48 | $103.44K | 90,550 |
| Andrew J. Briggs Director | Jul 28, 2026 | Sale(10b5-1 plan) | −3,000 | $31.59 | $94.77K | 93,550 |
| Andrew J. Briggs Director | Jul 27, 2026 | Sale(10b5-1 plan) | −3,000 | $30.98 | $92.94K | 96,550 |
| Andrew J. Briggs Director | Jul 24, 2026 | Sale(10b5-1 plan) | −3,000 | $30.44 | $91.32K | 99,550 |
| Andrew J. Briggs Director | Jul 23, 2026 | Sale(10b5-1 plan) | −3,000 | $29.95 | $89.85K | 102,550 |
| Andrew J. Briggs Director | Jul 22, 2026 | Sale(10b5-1 plan) | −3,000 | $30.84 | $92.52K | 105,550 |
| Andrew J. Briggs Director | Jul 21, 2026 | Sale(10b5-1 plan) | −3,000 | $30.75 | $92.25K | 108,550 |
| Andrew J. Briggs Director | Jul 20, 2026 | Sale(10b5-1 plan) | −3,000 | $30.47 | $91.41K | 111,550 |
| Andrew J. Briggs Director | Jul 17, 2026 | Sale(10b5-1 plan) | −3,000 | $31.06 | $93.18K | 114,550 |
| Andrew J. Briggs Director | Jul 16, 2026 | Sale(10b5-1 plan) | −3,000 | $30.06 | $90.18K | 117,550 |
| Andrew J. Briggs Director | Jul 15, 2026 | Sale(10b5-1 plan) | −3,000 | $29.81 | $89.43K | 120,550 |
| Andrew J. Briggs Director | Jul 14, 2026 | Sale(10b5-1 plan) | −3,000 | $30.10 | $90.30K | 123,550 |
| Andrew J. Briggs Director | Jul 13, 2026 | Sale(10b5-1 plan) | −3,000 | $29.77 | $89.31K | 126,550 |
| Andrew J. Briggs Director | Jul 10, 2026 | Sale(10b5-1 plan) | −3,000 | $29.52 | $88.56K | 129,550 |
| Andrew J. Briggs Director | Jul 9, 2026 | Sale(10b5-1 plan) | −3,000 | $29.42 | $88.26K | 132,550 |
| Andrew J. Briggs Director | Jul 8, 2026 | Sale(10b5-1 plan) | −3,000 | $30.15 | $90.45K | 135,550 |
| Andrew J. Briggs Director | Jul 7, 2026 | Sale(10b5-1 plan) | −3,000 | $30.72 | $92.16K | 138,550 |
| Andrew J. Briggs Director | Jul 6, 2026 | Sale(10b5-1 plan) | −3,000 | $30.67 | $92.01K | 141,550 |
| Andrew J. Briggs Director | Jul 2, 2026 | Sale(10b5-1 plan) | −3,000 | $31.53 | $94.59K | 144,550 |
| Andrew J. Briggs Director | Jul 1, 2026 | Sale(10b5-1 plan) | −3,000 | $30.58 | $91.74K | 147,550 |
| Andrew J. Briggs Director | Jun 30, 2026 | Sale(10b5-1 plan) | −3,000 | $30.46 | $91.38K | 150,550 |
| Andrew J. Briggs Director | Jun 29, 2026 | Sale(10b5-1 plan) | −3,000 | $30.09 | $90.27K | 153,550 |
| Andrew J. Briggs Director | Jun 26, 2026 | Sale(10b5-1 plan) | −3,000 | $29.98 | $89.94K | 156,550 |
| Andrew J. Briggs Director | Jun 25, 2026 | Sale(10b5-1 plan) | −3,000 | $29.62 | $88.86K | 159,550 |
| Andrew J. Briggs Director | Jun 24, 2026 | Sale(10b5-1 plan) | −3,000 | $29.17 | $87.51K | 162,550 |
| Andrew J. Briggs Director | Jun 23, 2026 | Sale(10b5-1 plan) | −3,000 | $28.66 | $85.98K | 165,550 |
| Andrew J. Briggs Director | Jun 22, 2026 | Sale(10b5-1 plan) | −6,000 | $28.72 | $172.32K | 168,550 |
| Andrew J. Briggs Director | Jun 18, 2026 | Sale(10b5-1 plan) | −3,000 | $28.75 | $86.25K | 174,550 |
| Andrew J. Briggs Director | Jun 17, 2026 | Sale(10b5-1 plan) | −3,000 | $28.63 | $85.89K | 177,550 |
| Andrew J. Briggs Director | Jun 16, 2026 | Sale(10b5-1 plan) | −3,000 | $28.39 | $85.17K | 180,550 |
| Andrew J. Briggs Director | Jun 15, 2026 | Sale(10b5-1 plan) | −3,000 | $28.80 | $86.40K | 183,550 |
| Andrew J. Briggs Director | Jun 12, 2026 | Sale(10b5-1 plan) | −3,000 | $28.39 | $85.17K | 186,550 |
| David R. Gerken Executive Vice President | Jun 11, 2026 | Sale | −825 | $28.16 | $23.23K | 7,509 |
| Andrew J. Briggs Director | Jun 11, 2026 | Sale(10b5-1 plan) | −3,000 | $28.54 | $85.62K | 189,550 |
| Andrew J. Briggs Director | Jun 10, 2026 | Sale(10b5-1 plan) | −3,000 | $28.70 | $86.10K | 192,550 |
| Andrew J. Briggs Director | Jun 9, 2026 | Sale(10b5-1 plan) | −3,000 | $28.23 | $84.69K | 195,550 |
| Andrew J. Briggs Director | Jun 8, 2026 | Sale(10b5-1 plan) | −3,000 | $27.99 | $83.97K | 198,550 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Andrew J. Briggs Director | Aug 17, 2026 | 5,402 | $189.66K | Aug 17, 2026 | Purchase |
| Andrew J. Briggs Director | Aug 10, 2026 | 15,000 | $518.10K | Aug 10, 2026 | Purchase |
| Andrew J. Briggs Director | Aug 3, 2026 | 15,000 | $505.35K | Aug 3, 2026 | Purchase |
| Andrew J. Briggs Director | Jul 27, 2026 | 15,000 | $464.70K | Jul 27, 2026 | Purchase |
| Andrew J. Briggs Director | Jul 20, 2026 | 15,000 | $458.55K | Jul 20, 2026 | Purchase |
| Andrew J. Briggs Director | Jul 13, 2026 | 15,000 | $446.55K | Jul 13, 2026 | Purchase |
| Andrew J. Briggs Director | Jul 6, 2026 | 15,000 | $460.05K | Jul 6, 2026 | Purchase |
| Andrew J. Briggs Director | Jun 29, 2026 | 12,000 | $90.72K | Jun 29, 2026 | Purchase |
| Andrew J. Briggs Director | Jun 22, 2026 | 18,000 | $172.32K | Jun 22, 2026 | Purchase |
| Andrew J. Briggs Director | Jun 15, 2026 | 12,000 | $345.60K | Jun 15, 2026 | Purchase |
| Andrew J. Briggs Director | Jun 8, 2026 | 15,000 | $419.85K | Jun 8, 2026 | Purchase |
| Andrew J. Briggs Director | Jun 1, 2026 | 15,000 | $414.60K | Jun 1, 2026 | Purchase |
| Andrew J. Briggs Director | May 26, 2026 | 12,000 | $82.77K | May 26, 2026 | Purchase |
| Andrew J. Briggs Director | May 18, 2026 | 15,000 | $396.60K | May 18, 2026 | Purchase |
| Andrew J. Briggs Director | May 13, 2026 | 9,000 | $240.93K | May 13, 2026 | Purchase |