Farmers & Merchants Bancorp Inc (FMAO) stock
Close on Nov 12, 2026Market cap $507.50MP/E 11.9Yield 2.44%
Farmers & Merchants Bancorp Inc grew revenue 15.8% to $134.05M over the twelve months to Sep 30, 2026. Free cash flow was $45.40M, up 92.2% from a year earlier. At the latest close the market valued the company at $507.50M, 11.9 times its earnings.
Key statistics
Valuation at the latest close; fundamentals over the trailing twelve months, balances at Sep 30, 2026
Valuation
- Market cap
- $507.50M
- P/E ratio
- 11.9
- Price to sales
- 3.79
- Price to book
- 1.31
- Dividend yield
- 2.44%
- Free cash flow yield
- 8.94%
Fundamentals
- Revenue
- $134.05M
- Net income
- $42.71M
- EPS, diluted
- $3.11
- Free cash flow
- $45.40M
- Book value per share
- $28.43
- Diluted shares
- 14M
Trading
- Next earnings
- Feb 11, 2027 (estimated, during market hours)
- Previous close
- $36.70
- Open
- $36.75
- Day's range
- $36.12 – $36.98
- Volume
- 31,126
- Average volume (20 days)
- 63,392
- Index membership
- Russell 2000 (since Jun 2022), Russell 3000 (since Aug 2022)
- Beta (5 years)
- 0.72
- 52-week range
- $22.91 – $38.33
- RSI (14 days)
- 56.1
- Volatility (1 year)
- 31.5%
- Relative volume
- 0.49×
- WACC
- 8.5%
On 1 of our idea list: Dividend growers
Index membership is inferred from the holdings of funds that track each index (IWM, IWV), as reported to the SEC for Jun 30, 2026. Join dates come from quarterly fund reports since 2019, so they are accurate to the quarter.
Market cap history
Month-end market cap since 2010, using shares outstanding reported at the time
Total return vs. the S&P 500
Price change plus reinvested dividends, to the close on Nov 12, 2026. The S&P 500 is measured by the SPY fund.
| Period | FMAO | S&P 500 | Difference | FMAO per year | S&P 500 per year |
|---|---|---|---|---|---|
| 1 month | +5.0% | -2.7% | +7.6 pts | ||
| 3 months | +5.7% | -1.7% | +7.4 pts | ||
| Year to date | +52.8% | +11.9% | +40.9 pts | ||
| 1 year | +54.7% | +12.0% | +42.7 pts | ||
| 3 years | +126.1% | +78.2% | +47.9 pts | +31.2% | +21.2% |
| 5 years | +63.8% | +73.2% | −9.4 pts | +10.4% | +11.6% |
| 10 years | +196.8% | +309.6% | −112.9 pts | +11.5% | +15.1% |
Fifteen years at a glance
Fiscal years 2011 to 2025 and trailing twelve months, USD
Revenue
Net income
EPS, diluted
Free cash flow
Press releases
Releases Farmers & Merchants Bancorp filed with the SEC as exhibits to Form 8-K or 6-K
- Results
- Results
- Results
- Results
- Results
- Update
About Farmers & Merchants Bancorp
Savings Institution, Federally Chartered
Farmers & Merchants Bancorp, Inc. operates as a bank holding company offering commercial, agricultural, residential mortgage, and consumer lending solutions through its primary banking subsidiary. Its services include checking, savings, and certificate of deposit accounts, alongside custodial management for retirement and health savings plans. The company also delivers digital banking platforms, wire and automated clearing house transaction services, remote deposit capture, investment brokerage, and insurance products. These offerings cater to agricultural producers, retail consumers, and commercial enterprises within its operational footprint. The business operates within a single reporting segment.
Company profile, executives and historyFarmers & Merchants Bancorp stock: common questions
What is Farmers & Merchants Bancorp's stock price?
FMAO closed at $36.88 on Nov 12, 2026, up 0.49% on the day. Over the past 52 weeks it traded between $22.91 and $38.33.
What is Farmers & Merchants Bancorp's market cap?
Farmers & Merchants Bancorp was worth $507.50M at the close on Nov 12, 2026: the share price times the diluted shares outstanding.
What is FMAO's P/E ratio?
FMAO trades at 11.9 times earnings, based on diluted earnings per share of $3.11 over the twelve months to Sep 30, 2026.
How much revenue does Farmers & Merchants Bancorp make?
Farmers & Merchants Bancorp reported revenue of $134.05M for the twelve months to Sep 30, 2026, up 15.8% from a year earlier.
Does Farmers & Merchants Bancorp pay a dividend?
Yes. Farmers & Merchants Bancorp paid $0.90 per share over the last twelve months, a yield of 2.44% at the latest price, and has raised its annual dividend 16 years in a row.
When does Farmers & Merchants Bancorp report earnings next?
Farmers & Merchants Bancorp is expected to report Q4 FY2026 results on Feb 11, 2027, during market hours. The date is estimated from its past reporting pattern until the company confirms it.
How has FMAO stock performed over the past year?
Including dividends, FMAO returned +54.7% over the past year, against +12.0% for the S&P 500.
How many FMAO shares are sold short?
0M shares were sold short at the latest FINRA report, 1.48% of the float, or 3.2 days of average trading volume.
Who are Farmers & Merchants Bancorp's competitors?
Companies most similar to Farmers & Merchants Bancorp by business, industry and size include FNWD, FGBI, BCBP, CFFN, NRIM.
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