Loading
NASDAQFinancial ServicesBanks - Regional
Latest quote
$34.55
−$0.51 · -1.45%
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.
Previous close
$34.55
−$0.51 · -1.45%
After-hours
$34.55
$0.00 · 0.00%
Oct 9, 7:30 PM ET
Regular session · ET · Market data may be delayed.
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.
Day range
Current $34.55
52-week range
Current $34.55
Regular session · ET · Market data may be delayed.
GoAI Score
Buy
Valuation
80
Undervalued
Sentiment
55
Mixed
Risk
27
Moderate Risk
Momentum
55
Neutral
Full GoAI research
Thesis, catalysts, evidence, and risk analysis.
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.
Day range
Current $34.55
52-week range
Current $34.55
Profitability as a percentage of reported revenue.
Revenue
Operating income
Net income
| Metric (USD) | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | 189.09M USD | 176.56M USD | 152.05M USD | 113.66M USD | 92.17M USD |
| Cost of goods sold | 71.34M USD | 77.93M USD | 60.16M USD | 18.96M USD | 10.79M USD |
| Gross profit | 117.75M USD | 98.63M USD | 91.89M USD | 94.7M USD | 81.38M USD |
| Selling, general, and administrative | 10.07M USD | 48.38M USD | 45.4M USD | 38.04M USD | 38.19M USD |
| Operating expenses | 75.23M USD | 66.06M USD | 63.54M USD | 54.22M USD | 51.89M USD |
| Interest income | 173.54M USD | 162.21M USD | 138.93M USD | 100.83M USD | 76.67M USD |
| Interest expense | 69.25M USD | 77.66M USD | 58.41M USD | 14.36M USD | 7.34M USD |
| Depreciation and amortization | 6.99M USD | 6.37M USD | 5.77M USD | 4.02M USD | 4.99M USD |
| Operating income | 42.53M USD | 32.57M USD | 28.35M USD | 40.48M USD | 29.5M USD |
| Net income | 33.31M USD | 25.94M USD | 22.79M USD | 32.52M USD | 23.5M USD |
Company facts updated Oct 10, 2026.
Third-party consensus; not a GoAI recommendation.
Average target
$36.00
4.20% upsideCash distributions grouped by calendar year; partial years are marked.
$0.90
2025 complete year+26.8% since 2021
2026 partial: $0.71
$0.71
2,021
$0.813
2,022
$0.85
2,023
$0.8825
2,024
$0.90
2,025
$0.71
2,026*
* Partial calendar year in the available dividend history.
| Action | Ex-dividend date | Details | Record date | Payment date |
|---|---|---|---|---|
Dividend | Oct 9, 2026 | $0.25Quarterly | Oct 9, 2026 | Oct 20, 2026 |
Dividend | Jul 10, 2026 | $0.23Quarterly | Jul 10, 2026 | Jul 20, 2026 |
Dividend | Apr 2, 2026 | $0.23Quarterly | Apr 3, 2026 | Apr 20, 2026 |
Dividend | Dec 29, 2025 | $0.23Irregular | Dec 29, 2025 | Jan 20, 2026 |
Dividend | Oct 10, 2025 | $0.2275Quarterly | Oct 10, 2025 | Oct 20, 2025 |
Dividend | Jul 7, 2025 | $0.2213Quarterly | Jul 7, 2025 | Jul 20, 2025 |
Ex-dividend Oct 9, 2026
$0.25
Quarterly
Record Oct 9, 2026 · Payment Oct 20, 2026
Ex-dividend Jul 10, 2026
$0.23
Quarterly
Record Jul 10, 2026 · Payment Jul 20, 2026
Ex-dividend Apr 2, 2026
$0.23
Quarterly
Record Apr 3, 2026 · Payment Apr 20, 2026
Ex-dividend Dec 29, 2025
$0.23
Irregular
Record Dec 29, 2025 · Payment Jan 20, 2026
Ex-dividend Oct 10, 2025
$0.2275
Quarterly
Record Oct 10, 2025 · Payment Oct 20, 2025
Ex-dividend Jul 7, 2025
$0.2213
Quarterly
Record Jul 7, 2025 · Payment Jul 20, 2025
Funds reporting this stock among their holdings, ordered by reported position size.
Vanguard Morningstar Total Stock Market ETFVTI14.14M0.00%2.3T USD0.03%$381.94+0.63%
iShares Russell 2000 ETFIWM13.38M0.02%78.27B USD0.19%$278.94+0.49%
Avantis U.S. Small Cap Value ETFAVUV9.55M0.03%30.85B USD0.25%$119.64-0.41%
Vanguard Extended Market ETFVXF5.06M0.01%95.4B USD0.05%$235+0.80%
Vanguard Russell 2000 ETFVTWO2.64M0.01%18B USD0.06%$112.66+0.50%
U.S. Small Cap Value Portfolio ETF Class SharesDFSV2.49M0.01%26.81B USD0.33%$37.95-0.39%
Dimensional - US Small Cap ETFDFAS2.18M0.01%33.87B USD0.31%$78.35+0.32%
First Trust Dow Jones Select MicroCap Index FundFDM2.09M0.80%263.11M USD0.65%$88.39-0.74%Vanguard Morningstar Total Stock Market ETFVTIiShares Russell 2000 ETFIWMAvantis U.S. Small Cap Value ETFAVUVVanguard Extended Market ETFVXFVanguard Russell 2000 ETFVTWOU.S. Small Cap Value Portfolio ETF Class SharesDFSVDimensional - US Small Cap ETFDFASFirst Trust Dow Jones Select MicroCap Index FundFDMAI-generated and delayed market data for informational and educational purposes only. Not investment advice.
