Farmers & Merchants Bancorp, Inc. (FMAO) Stock

Farmers & Merchants Bancorp, Inc. (FMAO) is a Financials stock trading at $28.85 (as of 2026-06-18), with a market capitalization of $384.55M and a trailing P/E of 11.0. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Farmers & Merchants Bancorp, Inc. is a bank holding company for The Farmers & Merchants State Bank, providing commercial banking, lending, and deposit services to individuals and small businesses. Its offerings include deposit and time accounts, various lending products (including commercial, agricultural, residential mortgage, and consumer/credit card), and electronic banking and payment services across northwest Ohio and northeast Indiana.

Valuation — source: SEC EDGAR (first-party)
Price$28.85
Market Cap$384.55M
P/E Ratio11.0
EV / EBITDA8.0
Price / Book1.06
Price / Sales2.26
Dividend Yield3.1%
DCF Value (model)$64.18
DCF Upside vs Price122.5%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$173.54M
Net Margin19.2%
Return on Equity9.6%
Revenue Growth (YoY)6.1%
EPS Growth (YoY)27.9%
FCF Growth (YoY)14.3%
Valuation vs Sector & Industry
Stock P/E11.0
Sector P/E (Financials)14.2
Industry P/E (Banking)12.4
vs Sector-22.6%
vs Industry-11.1%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderBlackRock, Inc. ($23.70M)
Institutional Holders Tracked10
Congressional Trades (recent)10
Company
SectorFinancials
IndustryBanking
CEOLars Eller
Employees482
CountryUS
IPO Date2006-01-30

Related Companies (Business model: Universal / Commercial Bank; 8 closest by market cap; US-domiciled)

  • RBB Bancorp (RBB)
  • Primis Financial Corp. (FRST)
  • Pioneer Bancorp, Inc. (PBFS)
  • Avidia Bancorp, Inc. (AVBC)
  • Commercial Bancgroup, Inc. Common Stock (CBK)
  • MVB Financial Corp. (MVBF)
  • NewtekOne, Inc. (NEWT)
  • BayCom Corp (BCML)
FMAO earnings history · FMAO institutional & insider holders · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-06-18.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.