Farmers & Merchants Bancorp share price logo

Farmers & Merchants Bancorp

NASDAQ: FMAO

Small Cap

$37.45

+1.07

(+2.94%)

as on

Farmers & Merchants Bancorp Stock Performance

as on November 5, 2026 at 7:59 am IST

  • Day's Low

    Day's High

    $36.55
    $37.70
    downward going graph

    2.40%

    Downside

    0.67%

    Upside

    downward going graph

  • 52 Week's Low

    52 Week's High

    $22.91
    $37.60
    downward going graph

    38.83%

    Downside

    0.40%

    Upside

    downward going graph

Farmers & Merchants Bancorp share price movements today

Previous Close
$36.38
Open
$37.00
Volume
170.9K
Market Cap
$501.2M
Dividend Yield
2.58%
Day's Low - High
$36.55 - $37.70
52 Week Low - High
$22.91 - $37.60

Farmers & Merchants Bancorp Historical Returns

1 Month Return
+ 3.92 %
3 Month Return
+ 9.79 %
1 Year Return
+ 54.89 %
3 Year Return
+ 95.86 %
5 Year Return
+ 38.65 %

Farmers & Merchants Bancorp Stock Fundamentals & Key Indicators

Check Farmers & Merchants Bancorp market cap, PE, PB, PEG ratios, dividend yield, and other key fundamental indicators.

Market Cap

$501.2M

EPS (TTM)

3.11

Dividend Yield

2.58%

Quarterly Earnings Growth YOY

0.31%

PE Ratio (TTM)

11.71

Industry PE ratio

12.89

PEG Ratio

0.34

EBITDA

76.3M

Revenue (TTM)

199.0M

Profit Margin

65.83%

Return On Equity TTM

11.25%

Farmers & Merchants Bancorp vs Peer Comparison

Compare market cap, revenue, PE, and other key metrics of Farmers & Merchants Bancorp with its industry peers.

Company
Analyst View
Market Cap
5 Years Return %PE RatioProfit Margin %Dividend Yield %
Farmers & Merchants Bancorp image
Farmers & Merchants Bancorp
Hold$501.2M38.65%11.7165.83%2.58%
Mizuho Financial image
Mizuho Financial
Buy$118.5B255.93%13.2329.14%1.81%
US Bancorp image
US Bancorp
Buy$92.9B0.45%11.6264.71%3.52%
China Merchants Bank image
China Merchants Bank
NA$166.9BNA7.4687.19%4.16%
Icici Bank image
Icici Bank
Buy$105.4B45.22%16.9568.59%0.85%

Stock Returns calculator for Farmers & Merchants Bancorp Stock including INR - Dollar returns

The Farmers & Merchants Bancorp stock calculator helps Indian investors calculate returns based on the historical performance of the stock. Just choose your investment amount and duration to get insights and invest more confidently. See stock returns as well as the effect of dollar appreciation over different durations.

*Dollar Impact: The bonus return you make when the US Dollar rises against the Rupee; calculated on the full amount you walk away with, not just what you invested in.

Investment Value

₹1,00,000

  • 1Y

  • 3Y

  • 5Y

Farmers & Merchants Bancorp investment value today

Current value as on today

₹1,67,759

Returns

₹67,759

(+67.76%)

Returns from Farmers & Merchants Bancorp Stock

₹57,287 (+57.29%)

Dollar Impact

₹10,473 (+10.47%)

Analyst Recommendation on Farmers & Merchants Bancorp Stock

Based on 8 analysts

HOLD

0.00%

Buy

62.50%

Hold

37.50%

Sell

Based on 8 analysts, 62.5% of analysts recommend a 'HOLD' rating for Farmers & Merchants Bancorp. Average target price of $37.67

Farmers & Merchants Bancorp Share Price Target

Get share price movements and forecasts by analysts on Farmers & Merchants Bancorp.

What analysts predicted

0.58%UPSIDE

Target Price

$37.67

Current Price

$37.45

Analyzed by

8 Analysts

Target

$37.67

Farmers & Merchants Bancorp target price $37.67, a slight upside of 0.58% compared to current price of $37.45. According to 8 analysts rating.

Indian Investors' Interest in Farmers & Merchants Bancorp Stock

Search interest for Farmers & Merchants Bancorp Stock has decreased by -26% in the last 30 days, reflecting a downward trend in search activity.

Time period: to

Change:-26% versus previous 30 day period

Farmers & Merchants Bancorp Quarterly Profit & Loss

All numbers in Millions USD

Jun 2024
Sep 2024
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Sep 2026
Total Revenue
44
45
45
44
47
47
48
47
50
51
Gross Profit
24
24
26
26
28
29
31
31
33
34
Operating Income
7
8
10
8
9
11
12
12
14
14
EBITDA
8
9
11
10
11
13
14
14
16
31
Interest Expense
19
20
19
17
17
17
16
15
16
17
Depreciation
1
1
1
1
1
2
1
1
1
-
Income Before Tax
7
8
10
8
9
11
12
12
14
14
Income Tax Expense
1
1
2
1
1
2
3
2
2
2
Net Income
5
6
8
6
7
8
9
9
11
11
Net Profit Margin
54.34%
55.01%
57.50%
60.30%
60.79%
62.63%
64.29%
66.17%
66.40%
66.40%

Farmers & Merchants Bancorp Annual Profit & Loss

All numbers in Millions USD

Dec 2017
Dec 2018
Dec 2019
Dec 2020
Dec 2021
Dec 2022
Dec 2023
Dec 2024
Dec 2025
Total Revenue
50
55
78
85
92
113
152
176
189
Gross Profit
45
49
62
67
81
94
91
98
117
Operating Income
17
18
22
25
29
40
28
32
42
EBITDA
20
20
26
29
34
44
34
38
49
Interest Expense
5
6
14
10
7
14
58
77
69
Depreciation
2
2
3
4
4
4
5
6
6
Income Before Tax
17
18
22
25
29
40
28
32
42
Income Tax Expense
5
3
4
5
6
7
5
6
9
Net Income
12
14
18
20
23
32
22
25
33
Net Profit Margin
89.47%
87.67%
79.71%
79.62%
88.30%
83.32%
60.44%
55.86%
62.27%

Farmers & Merchants Bancorp Quarterly Cash Flow

All numbers in Millions USD

Jun 2024
Sep 2024
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Sep 2026
Net Income
5
6
8
6
7
8
9
9
11
11
Operating Cash Flow
9
18
2
11
1
11
14
7
10
14
Investing Cash Flow
-29
-3
-53
-24
-36
-15
-63
23
-33
-53
Financing Cash Flow
24
37
-18
9
-49
32
30
44
-44
88
Change in Cash
5
52
-69
-3
-84
28
-19
75
-67
49

Farmers & Merchants Bancorp Annual Cash Flow

All numbers in Millions USD

Dec 2017
Dec 2018
Dec 2019
Dec 2020
Dec 2021
Dec 2022
Dec 2023
Dec 2024
Dec 2025
Net Income
12
14
18
20
23
32
22
25
33
Operating Cash Flow
17
10
23
27
34
40
22
32
36
Investing Cash Flow
-48
1
-149
-177
-265
-389
-194
-44
-138
Financing Cash Flow
36
-8
138
274
236
252
229
46
23
Change in Cash
6
3
12
124
5
-96
57
34
-78

Global Institutional Holdings in Farmers & Merchants Bancorp

Check out the Institutions with significant holdings in Farmers & Merchants Bancorp.

Funds
Holdings
BlackRock, Inc.
7.90%
Vanguard
4.82%
VANGUARD INDEX FUNDS
4.11%
iShares
3.94%
Avantis
2.53%
See all

Insights on Farmers & Merchants Bancorp

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Best in 1 Year

    img

    In the last 1 year, FMAO has outperformed top 5 stocks with highest market-cap in its industry

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 3 quarters, 47.77M → 51.85M (in $), with an average increase of 4.0% per quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 6 months, FMAO stock has moved up by 37.5%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Mizuho Financial Group, Inc. American Depositary Shares Each representing one-fifth of an Ordinary Share has given 163.5% return, outperforming this stock by 70.3%

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 2 quarters, 11.79M → 11.53M (in $), with an average decrease of 2.2% per quarter

About Farmers & Merchants Bancorp

Farmers & Merchants Bancorp, Inc. functions as the holding company for The Farmers & Merchants State Bank, offering a broad spectrum of commercial banking solutions. The bank serves individual customers and small businesses throughout northwest Ohio and northeast Indiana. Its offerings include various deposit accounts such as checking, savings, and time deposits, along with custodial services for Individual Retirement Accounts (IRAs) and Health Savings Accounts (HSAs). The company's lending products are extensive, covering commercial, agricultural, and residential mortgages. Specifically, it provides financing for agricultural land, farm equipment, livestock, and operational expenses like seeds and fertilizers. Consumer loans are available for home improvements, vehicles (automobiles, trucks, recreational vehicles, and motorcycles), and credit cards. Additionally, it offers commercial real estate loans, including lines of credit and machinery purchase financing. For customer convenience, Farmers & Merchants Bancorp, Inc. provides Automated Teller Machine (ATM) and Interactive Teller Machine (ITM) access. It also supports digital banking through online and mobile platforms, remote deposit capture, and merchant credit card processing. Electronic transaction services, such as wire transfers and Automated Clearing House (ACH) file transmissions, are also available. The company was founded in 1897 and is headquartered in Archbold, Ohio.
OrganisationFarmers & Merchants Bancorp
Headquarters307 North Defiance Street, Archbold, OH, 43502, US
IndustryBanks - Regional
CEOLars Eller

Key Management of Farmers & Merchants Bancorp

Name

Title

Mr. Andrew S. Baker

Senior VP & Chief Strategy Officer

Mr. David R. Gerken

Executive VP & Chief Lending Officer

Ms. Katrina L. DeGroff

Senior VP & Chief Accounting Officer

Ms. Melody Charlton

Senior Vice President and Chief Legal & Compliance Officer

Ms. Amy L. Cover

Senior VP and Chief Marketing & Experience Officer

Mr. Lars B. Eller

President, CEO & Director

Ms. Barbara J. Britenriker

Executive VP & CFO

Mr. Eric D. Faust

Executive VP & COO

Ms. Benet S. Rupp

Executive VP & Chief People Officer

Mr. Tim Carsey

Senior VP & Chief Administrative Officer

FAQs

What is Farmers & Merchants Bancorp share price today?

Farmers & Merchants Bancorp share price today is $37.45 as on at the close of the market. Farmers & Merchants Bancorp share today touched a day high of $37.70 and a low of $36.55.

What is the 52 week high and 52 week low for Farmers & Merchants Bancorp share?

Farmers & Merchants Bancorp share touched a 52 week high of $37.60 on and a 52 week low of $22.91 on . Farmers & Merchants Bancorp stock price today i.e. is closed at $37.45,which is 0.40% down from its 52 week high and 63.47% up from its 52 week low.

What is Farmers & Merchants Bancorp's market capitalisation today?

Farmers & Merchants Bancorp market capitalisation is $0.00T as on .

How to invest in Farmers & Merchants Bancorp Stock (FMAO) from India?

  1. Step 1: Open a free US stocks account on INDmoney App and transfer your Rupees into Dollars to your INDmoney US stocks account. For a step by step instruction, check How to Transfer Money to Your US Stocks Account .
  2. Step 2: Search for Farmers & Merchants Bancorp on INDmoney app. Click on Buy button.

What is the minimum amount required to buy Farmers & Merchants Bancorp Stock (FMAO) from India?

Indian investors can start investing in Farmers & Merchants Bancorp (FMAO) shares with as little as ₹94.63999938964844 or $1 (as of ) using the INDmoney app.
For example: If you want to invest $10 or ₹946.40 in Farmers & Merchants Bancorp stock (as per the Rupee-Dollar exchange rate as on ). Based on Farmers & Merchants Bancorp share’s latest price of $37.45 as on November 5, 2026 at 2:29 am IST, you will get 0.2670 shares of Farmers & Merchants Bancorp. Learn more about fractional shares .

What are the returns that Farmers & Merchants Bancorp has given to Indian investors in the last 5 years?

Farmers & Merchants Bancorp stock has given 38.65% share price returns and 27.31% dollar appreciation to an Indian investor in the last 5 years.
Read more about How do Currency Exchange Rates impact your returns on US Stock Investments?