FMAO's earnings base has compounded impressively, with quarterly net income rising to $11.5 million in 2026Q3 from $5.7 million in 2024Q2 and the efficiency ratio tightening nearly ten points to 58.1%, suggesting meaningful operating leverage has been captured.
Price trend, volume and key moving averages
Trailing total returns as of 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q4 2026Latest Oct 22, 2026 | $0.84+4.6% vs $0.80 | $35M+0.5% vs $35M |
Q3 2026 Jul 27, 2026 | $0.86+27.8% vs $0.67 | $34M+3.9% vs $33M |
Q2 2026 Apr 22, 2026 | $0.70+2.9% vs $0.68 | $32M-0.5% vs $33M |
Q1 2026 Feb 12, 2026 | $0.71+8.4% vs $0.66 | $32M+3.2% vs $31M |
ARCHBOLD, Ohio, Oct. 22, 2026 (GLOBE NEWSWIRE) -- Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO) today reported financial results for the 2026 third quarter and year-to-date ended September 30, 2026, on a consolidated basis.
A weekly summary of dividend activity for Dividend Champions, Contenders, and Challengers. Companies that changed their dividends. Companies with upcoming ex-dividend dates.
Farmers & Merchants Bancorp is rated Buy, trading at a 44% discount to its recent valuation peak and a 5% discount to the sector median. FMAO's forward ROE is 3x the sector median, with 14% expected ROE growth and a 20% EPS CAGR, supporting a compelling valuation case. Net interest margin reached 3.48% (+26 bps YoY), with 42% of loans set to reprice in the next year, positioning NIM for further upside.
Three dividend payers on this week's calendar all share one deadline: an ex-dividend date of October 9, 2026. That makes Thursday, October 8, the last trading day to buy shares and still collect the next payment.
Benchmark FMAO against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Farmers & Merchants Bancorp, Inc. (FMAO)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $36.35 | $500.47M | 11.73 | 21.17% | 32.22% | 11.25% | 2.43% | |
| $23.38 | $225.48M | 16.12 | -9.39% | 28.36% | 7.64% | 1.59% | |
| $25.91 | $332.94M | 15.57 | 34.4% | 13.2% | 6.58% | 2.56% | |
| $28.39 | $1.17B | 15.11 | 13.51% | 28.67% | 7.32% | 3.34% | |
| $48.61 | $229M | 15.82 | 7.65% | 20.13% | 11.24% | 1.87% | |
| $30.42 | $275.03M | 12.00 | 33.46% | 24.12% | 12.06% | 2.01% |
Farmers & Merchants Bancorp, Inc. (FMAO) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
Farmers & Merchants Bancorp, Inc. (FMAO) SEC filings — annual & quarterly reports (10-K, 10-Q)
Oct 22, 2026·SEC
Jul 27, 2026·SEC
Jul 7, 2026·SEC
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Farmers & Merchants Bancorp, Inc. (FMAO) stock FAQ — growth, dividends, profitability & financials explained
Farmers & Merchants Bancorp, Inc. (FMAO) grew revenue by 17.1% over the trailing twelve months, compared with the twelve months before.
Yes. Farmers & Merchants Bancorp, Inc. (FMAO) earned $42.7M in net income over the trailing twelve months (a 32.2% net margin).
Yes. Farmers & Merchants Bancorp, Inc. (FMAO) pays a dividend that yields 2.43% at the current price, a moderate yield.
Farmers & Merchants Bancorp, Inc. (FMAO) had a return on equity (ROE) of 11.2% over the trailing twelve months. That is in line with the market's typical 10-15%.
Farmers & Merchants Bancorp, Inc. (FMAO) has a net interest margin (NIM) of 3.0%. This indicates healthy earnings from lending activities.
Farmers & Merchants Bancorp, Inc. (FMAO) has an efficiency ratio of 62.8%. This is reasonable for a bank.
