Farmers & Merchants Bancorp Inc (FMAO) stock
FMAONasdaqSavings Institution, Federally CharteredFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Oct 27, 2026Score 16/305% above fair value
$36.81−0.07 (-0.19%)
Close on Nov 13, 2026Market cap $506.54MP/E 11.8Yield 2.44%
Farmers & Merchants Bancorp statistics
90 measures from SEC filings and the closing price. Hover a name for the formula; the last column is the median of companies in the same industry group.
Important dates
- Next earnings
- Feb 11, 2027 (estimated, during market hours)
- Last ex-dividend date
- Oct 9, 2026
- Fundamentals through
- Sep 30, 2026
- Share price as of
- Nov 13, 2026
Valuation ratiosIndustry
- P/TBV Ratio
- 1.69
- 1.52
- P/OCF Ratio
- 10.84
- 9.82
Enterprise valuationIndustry
- EV / Sales
- 3.78
- 2.95
- EV / FCF
- 11.16
- 8.49
Share statisticsIndustry
- Shares Change (YoY)
- 0.35%
- 0.33%
- Shares Change (QoQ)
- -0.12%
- 0.00%
- Float
- 13M
- 17M
- Shares Held by Insiders
- 6.50%
- 6.05%
- Shares Held by Institutions
- 36.4%
- 61.3%
Short sellingIndustry
- Short Interest
- 191,034
- –
- Short Interest Change
- -10.8%
- -4.13%
- Short % of Float
- 1.48%
- 3.58%
- Short % of Shares Outstanding
- 1.39%
- 3.18%
- Days to Cover
- 3.16
- 4.85
Stock price statisticsIndustry
- 52-Week High
- $38.33
- –
- 52-Week Low
- $22.91
- –
- 20-Day Moving Average
- $36.47
- –
- 50-Day Moving Average
- $35.69
- –
- 200-Day Moving Average
- $30.58
- –
- Average True Range (14)
- $1.04
- –
- Price Change (1 Week)
- 1.27%
- 0.69%
- Price Change (1 Month)
- 4.81%
- 3.79%
- Price Change (3 Months)
- 5.08%
- -2.72%
- Price Change (6 Months)
- 39.2%
- 12.2%
- Price Change (YTD)
- 48.9%
- 19.9%
- Price Change (1 Year)
- 49.5%
- 25.7%
- Price Change (3 Years)
- 84.1%
- 65.1%
- Price Change (5 Years)
- 38.5%
- 26.9%
- Price Change (10 Years)
- 124.5%
- 66.8%
- Average Volume (10 Days)
- 60,339
- –
- Average Volume (20 Days)
- 62,593
- –
- Average Volume (90 Days)
- 61,812
- –
- Relative Volume
- 0.39
- 0.68
- Relative Strength Index (14)
- 55.4
- 53.1
- Volatility (1 Year)
- 31.5%
- 24.4%
- Beta (5 Years)
- 0.71
- 0.63
MarginsIndustry
- Pretax Margin
- 40.4%
- 37.0%
- FCF Margin
- 33.9%
- 33.9%
Returns on capitalIndustry
- Return on Equity (ROE)
- 11.4%
- 10.7%
- Return on Assets (ROA)
- 1.22%
- 1.16%
GrowthIndustry
- Revenue Growth (YoY)
- 15.8%
- 11.7%
- Net Income Growth (YoY)
- 33.9%
- 22.6%
- EPS Growth (YoY)
- 34.1%
- 21.6%
- FCF Growth (YoY)
- 92.2%
- 27.2%
- Revenue Growth (3Y CAGR)
- 5.78%
- 5.82%
- Revenue Growth (5Y CAGR)
- 9.66%
- 6.17%
- EPS Growth (3Y CAGR)
- -0.41%
- 1.31%
- EPS Growth (5Y CAGR)
- 6.19%
- 8.24%
EfficiencyIndustry
- Asset Turnover
- 0.04
- 0.04
- Revenue Per Employee
- $282.81K
- $358.92K
- Profits Per Employee
- $90.10K
- $110.51K
- Employee Count
- 474
- 492
- WACC
- 8.67%
- 8.13%
Income statement (TTM)Industry
- Pretax Income
- $54.15M
- $74.07M
Balance sheetIndustry
- Equity (Book Value)
- $386.93M
- $570.13M
- Book Value Per Share
- $28.12
- $28.12
- Tangible Book Value
- $300.57M
- $478.27M
Cash flow (TTM)Industry
- Capital Expenditures
- -$1.34M
- -$4.24M
- FCF Per Share
- $3.30
- $3.37
Dividends and yieldsIndustry
- Earnings Yield
- 8.43%
- 8.29%
- FCF Yield
- 8.96%
- 9.18%
- Dividend Yield
- 2.44%
- 2.44%
- Buyback Yield
- 0.34%
- 1.82%
- Shareholder Yield
- 2.78%
- 3.26%
- Dividend Per Share
- $0.90
- $0.92
- Dividend Growth (YoY)
- 1.98%
- 4.26%
- Years of Dividend Growth
- 16
- 2
- Payout Ratio
- 29.2%
- 28.5%
- FCF Payout Ratio
- 27.5%
- 24.8%
Taxes and interestIndustry
- Income Tax
- $11.44M
- $16.14M
- Effective Tax Rate
- 21.1%
- 21.1%
Scores and fair valueIndustry
- Graham Number
- $44.36
- $45.07
- Graham Upside
- 20.5%
- 18.8%
- Altman Z-Score
- 0.24
- 0.22
- Piotroski F-Score
- 6
- 6
- Lynch Fair Value
- $19.24
- –
- Lynch Upside
- -47.7%
- -0.43%
Total return vs. the S&P 500
Price change plus reinvested dividends, to the close on Nov 13, 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 | +5.2% | -3.0% | +8.3 pts | ||
| 3 months | +4.9% | -2.8% | +7.7 pts | ||
| Year to date | +52.5% | +11.5% | +41.0 pts | ||
| 1 year | +53.0% | +13.5% | +39.6 pts | ||
| 3 years | +129.6% | +77.7% | +51.9 pts | +31.9% | +21.1% |
| 5 years | +63.5% | +72.6% | −9.1 pts | +10.3% | +11.5% |
| 10 years | +196.2% | +308.2% | −112.0 pts | +11.5% | +15.1% |
Short interest
Shares sold short and not yet covered, reported by brokers to FINRA twice a month. Latest settlement date Oct 30, 2026.
0M FMAO shares were sold short on Oct 30, 2026, down 10.8% from the previous report, or 1.48% of the shares available to trade. At recent volumes it would take 3.2 days to buy them back. Over the last 20 sessions, 50.0% of the volume reported to FINRA was short selling.
| Settlement date | Shares short | Change | Avg. daily volume | Days to cover |
|---|---|---|---|---|
| Oct 30, 2026 | 191,034 | -10.8% | 60,367 | 3.2 |
| Oct 15, 2026 | 214,193 | -7.9% | 37,403 | 5.7 |
| Sep 30, 2026 | 232,467 | -17.3% | 55,846 | 4.2 |
| Sep 15, 2026 | 281,125 | -2.7% | 38,075 | 7.4 |
| Aug 31, 2026 | 288,913 | +10.3% | 50,983 | 5.7 |
| Aug 14, 2026 | 262,016 | +17.7% | 99,669 | 2.6 |
| Jul 31, 2026 | 222,655 | +8.9% | 77,370 | 2.9 |
| Jul 15, 2026 | 204,521 | -0.4% | 79,236 | 2.6 |
| Jun 30, 2026 | 205,248 | +49.3% | 153,679 | 1.3 |
| Jun 15, 2026 | 137,466 | -2.2% | 77,566 | 1.8 |
| May 29, 2026 | 140,597 | -6.7% | 73,799 | 1.9 |
| May 15, 2026 | 150,670 | +6.4% | 123,941 | 1.2 |
Ratios use trailing-twelve-month results and the latest balance sheet. How we calculate.
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