Farmers & Merchants Bancorp share price logo

Farmers & Merchants Bancorp

NASDAQ: FMAO

$34.25

+0.35

(+1.03%)

as on

Farmers & Merchants Bancorp Stock Performance

as on August 29, 2026 at 2:16 pm IST

  • Day's Low

    Day's High

    $34.11
    $34.48
    downward going graph

    0.41%

    Downside

    0.67%

    Upside

    downward going graph
  • 52 Week's Low

    52 Week's High

    $22.77
    $35.94
    downward going graph

    33.52%

    Downside

    4.93%

    Upside

    downward going graph

Farmers & Merchants Bancorp share price movements today

Previous Close
$33.90
Open
$34.26
Volume
105.9K
Market Cap
$468.1M
Dividend Yield
272.42%
Day's Low - High
$34.11 - $34.48
52 Week Low - High
$22.77 - $35.94

Farmers & Merchants Bancorp Historical Returns

1 Month Return
-1.57 %
3 Month Return
+ 21.9 %
1 Year Return
+ 27.11 %
3 Year Return
+ 84.04 %
5 Year Return
+ 51 %

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

$468.1M

EPS (TTM)

3.1733

Dividend Yield

272.42%

Quarterly Earnings Growth YOY

0.53%

PE Ratio (TTM)

11.65

Industry PE ratio

11.20236842105263

PEG Ratio

0

EBITDA

-

Revenue (TTM)

129.0M

Profit Margin

31.03%

Return On Equity TTM

10.88%

Farmers & Merchants Bancorp Stock Valuation

Track how Farmers & Merchants Bancorp P/E has moved over time to understand its valuation trends.

Farmers & Merchants Bancorp in the last 5 years

  • Overview

  • Trends

Lowest (9.43x)

June 30, 2026

Industry (11.20x)

August 28, 2026

Today (11.65x)

August 28, 2026

Highest (15.73x)

December 31, 2024

LowHigh

Today’s Price to Earnings Ratio: 11.65x

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 %
HOLD$468.1M51%11.6531.03%272.42%
BUY$125.7B270.21%14.7229.14%175.69%
HOLD$97.2B7.03%12.4629.90%331.21%
NA$150.1BNA6.81100.00%2.54%
BUY$107.0B55.6%18.1468.53%0.84%

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

₹1,39,190

Returns

₹39,190

(+39.19%)

Returns from Farmers & Merchants Bancorp Stock

₹28,421 (+28.42%)

Dollar Impact

₹10,768 (+10.77%)

Analyst Recommendation on Farmers & Merchants Bancorp Stock

Based on 1 analysts

HOLD

0.00%

Buy

100.00%

Hold

0.00%

Sell

Based on 1 analysts, 100% of analysts recommend a 'HOLD' rating for Farmers & Merchants Bancorp. Average target price of $36

Farmers & Merchants Bancorp Share Price Target

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

What analysts predicted

4.86%UPSIDE

Target Price

$36

Current Price

$34.25

Analyzed by

1 Analysts

Target

$36.00

Farmers & Merchants Bancorp target price $36, a slight upside of 4.86% compared to current price of $34.25. According to 1 analysts rating.

Indian Investors' Interest in Farmers & Merchants Bancorp Stock

Search interest for Farmers & Merchants Bancorp Stock has increased by 200% in the last 30 days, reflecting an upward trend in search activity.

Time period: to

Change:200% versus previous 30 day period

Farmers & Merchants Bancorp Quarterly Profit & Loss

All numbers in Millions USD

Mar 2024
Jun 2024
Sep 2024
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Total Revenue
41
44
45
45
44
47
47
48
47
50
Gross Profit
23
24
24
26
26
28
29
31
31
33
Operating Income
6
7
8
10
8
9
11
12
12
14
EBITDA
8
8
9
11
10
11
13
14
14
14
Interest Expense
18
19
20
19
17
17
17
16
15
16
Depreciation
1
1
1
1
1
1
2
1
1
-
Income Before Tax
6
7
8
10
8
9
11
12
12
14
Income Tax Expense
1
1
1
2
1
1
2
3
2
2
Net Income
5
5
6
8
6
7
8
9
9
11
Net Profit Margin
12.79%
12.73%
14.43%
18.51%
15.64%
16.37%
18.52%
20.15%
20.05%
23.24%

Farmers & Merchants Bancorp Annual Profit & Loss

All numbers in Millions USD

Dec 2016
Dec 2017
Dec 2018
Dec 2019
Dec 2020
Dec 2021
Dec 2022
Dec 2023
Dec 2024
Dec 2025
Total Revenue
47
50
55
78
85
92
113
152
176
189
Gross Profit
42
45
49
62
67
81
94
91
98
117
Operating Income
16
17
18
22
25
29
40
28
32
42
EBITDA
18
20
20
26
29
34
44
34
38
49
Interest Expense
4
5
6
14
10
7
14
58
77
69
Depreciation
-
2
2
3
4
1
0
5
6
6
Income Before Tax
16
17
18
22
25
29
40
28
32
42
Income Tax Expense
4
5
3
4
5
6
7
5
6
9
Net Income
11
12
14
18
20
23
32
22
25
33
Net Profit Margin
24.40%
25.05%
26.74%
23.49%
23.57%
25.49%
28.61%
14.99%
14.69%
17.61%

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

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

Mutual Funds that own Farmers & Merchants Bancorp Stock

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

Funds
Holdings
Shares Held
VANGUARD INDEX FUNDS
3.785971%
521448
John Hancock Investment Trust II
1.104161%
152078
Fidelity Salem Street Trust
1.045925%
144057
Fidelity Concord Street Trust
0.847989%
116795
DFA INVESTMENT DIMENSIONS GROUP INC
0.788279%
108571

Global Institutional Holdings in Farmers & Merchants Bancorp

Funds
Holdings
Vanguard
4.76%
iShares
4.15%
Avantis
1.95%
Dimensional
0.78%
First Trust
0.44%

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

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, 9.57M → 11.79M (in $), with an average increase of 18.8% per quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 3 months, FMAO stock has moved up by 22.6%

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 47.77M → 50.75M (in $), with an average increase of 5.9% per quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Mizuho Financial Group, Inc. American Depositary Shares Each representing one-fifth of an Ordinary Share has given 61.2% return, outperforming this stock by 31.8%

  • 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 223.4% return, outperforming this stock by 141.9%

About Farmers & Merchants Bancorp

Farmers & Merchants Bancorp, Inc. operates as the bank holding company for The Farmers & Merchants State Bank that provides commercial banking services to individuals and small businesses in Northwest Ohio, Northeast Indiana, and Southeast Michigan. The company offers checking, savings, and time deposit accounts; certificates of deposit; and custodial services for individual retirement and health savings accounts. It also provides commercial, agricultural, and residential mortgage, as well as consumer lending products; loans for farmland, farm equipment, and livestock; operating loans for seeds, fertilizers, and feeds; home improvement loans; and loans for autos, trucks, recreational vehicles, and motorcycles. In addition, the company offers commercial real estate loans, such as lines of credit and machinery purchase loans. Further, it provides automated teller machine or interactive teller machine services; and online and mobile banking, bill-pay, on-line statement opportunities, and remote deposit capture or electronic deposit processing. Additionally, the company offers electronic transaction origination, such as wire and automated clearing house file transmittal services. Farmers & Merchants Bancorp, Inc. was founded in 1897 and is headquartered in Archbold, Ohio.
OrganisationFarmers & Merchants Bancorp
Headquarters307 North Defiance Street, Archbold, OH, United States, 43502
IndustryBanks - Regional
CEOMr. Lars B. Eller
E-voting on sharesClick here to vote

Key Management of Farmers & Merchants Bancorp

Name

Title

Mr. Eric D. Faust

Executive VP & COO

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

Mr. Lars B. Eller

President, CEO & Director

Ms. Barbara J. Britenriker

Executive VP & CFO

FAQs

What is Farmers & Merchants Bancorp share price today?

Farmers & Merchants Bancorp share price today is $34.25 as on at the close of the market. Farmers & Merchants Bancorp share today touched a day high of $34.48 and a low of $34.11.

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 $35.94 on and a 52 week low of $22.77 on . Farmers & Merchants Bancorp stock price today i.e. is closed at $34.25,which is 4.70% down from its 52 week high and 50.42% 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. You can invest as low as $1.5 in Farmers & Merchants Bancorp Shares that will get you 0.0438 shares as per Farmers & Merchants Bancorp share price of $34.25 per share as on August 29, 2026 at 8:46 am IST.

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 ₹95.38 or $1 (as of ) using the INDmoney app.
For example: If you want to invest $10 or ₹953.80 in Farmers & Merchants Bancorp stock (as per the Rupee-Dollar exchange rate as on ). Based on Farmers & Merchants Bancorp share’s latest price of $34.25 as on August 29, 2026 at 8:46 am IST, you will get 0.2920 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 51% share price returns and 30.35% 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?