Stocktoria
FARMERS & MERCHANTS BANCORP INC FMAO
FARMERS & MERCHANTS BANCORP INC (FMAO) earns a Piotroski F-score of 4/9 (mixed financial health). It pays a dividend yielding 2.88% (safety: safe).
Quality score trend · recomputed for each fiscal year
Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.
Analyst price target
Wall Street analyst consensus — a sentiment gauge, not our scoring.
Smart money · insiders, last 12 months
Open-market insider purchases minus sells (SEC Form 4) — real buying with their own money is a bullish “smart money” signal; grants and option exercises are excluded.
How it ranks in Finance, Insurance & Real Estate · percentile among 1129 companies
Percentile vs other Finance, Insurance & Real Estate companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.
Piotroski F breakdown · 4/9 tests passed
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Sector peers · similar-size Finance, Insurance & Real Estate companies compare side by side →
| Ticker | Company | Piotroski F | Altman Z″ | P / E | Revenue growth |
|---|---|---|---|---|---|
| FMAO | FARMERS & MERCHANTS BANCORP INC | 4/9 | — | 12.6 | — |
| NRIM | NORTHRIM BANCORP INC | 6/9 | — | 9.6 | +30.4% |
| EBC | Eastern Bankshares, Inc. | 3/9 | — | 57.9 | +19.1% |
| PFS | PROVIDENT FINANCIAL SERVICES INC | 5/9 | — | 10.6 | +7.1% |
| AX | Axos Financial, Inc. | 5/9 | — | 12.6 | +1.8% |
| BKU | BankUnited, Inc. | 7/9 | — | 13.3 | +7.4% |
| CFFN | Capitol Federal Financial, Inc. | 5/9 | — | 15.8 | +6.5% |
All Finance, Insurance & Real Estate companies →
About FARMERS & MERCHANTS BANCORP INC
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.
FAQ
Is FMAO financially healthy?
FARMERS & MERCHANTS BANCORP INC's Piotroski F-score is 4/9 (8–9 is excellent, 0–3 weak).
Does FMAO pay a dividend, and is it safe?
Yes. FARMERS & MERCHANTS BANCORP INC pays a dividend yielding about 2.88% with a 36.3% payout ratio, rated “safe” for safety.
How profitable is FMAO?
In FY2025, FARMERS & MERCHANTS BANCORP INC had a return on equity of 9.0%.
Is FMAO overvalued or undervalued?
FARMERS & MERCHANTS BANCORP INC trades at about 14.5× trailing earnings — near its 10-year norm (10-year range 11.0×–15.7×, median 13.5×). Stocktoria reports the data, not buy/sell advice.
What is the analyst price target for FMAO?
The average Wall-Street price target for FARMERS & MERCHANTS BANCORP INC is $29.83, about 15.1% below the recent price, from 3 analysts (consensus: hold).
Is FMAO a good stock to buy?
Stocktoria doesn't give buy or sell advice, but here is the data on FARMERS & MERCHANTS BANCORP INC: a Piotroski F-score of 4/9, a P/E of about 12.6×, a dividend yield of 2.88%. Weigh these quality and valuation signals against your own goals.
Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.