FMAO Farmers & Merchants Bancorp Inc
Price (delayed)
$23.26
Market cap
$318.67M
P/E Ratio
12.24
Dividend/share
$0.88
EPS
$1.9
Enterprise value
$447.93M
The Farmers & Merchants State Bank is a local independent community bank that has been serving Northwest Ohio and Northeast Indiana since 1897. The Farmers & Merchants State Bank provides
Highlights
The P/E is 19% below the last 4 quarters average of 15.1 and 7% below the 5-year quarterly average of 13.1
FMAO's net income is up by 14% year-on-year and by 12% since the previous quarter
Key stats
What are the main financial stats of FMAO
Market
Valuations
Earnings
Shares outstanding
13.7M
Market cap
$318.67M
Enterprise value
$447.93M
Price to earnings (P/E)
12.24
Price to book (P/B)
0.95
Price to sales (P/S)
3.15
EV/EBIT
13.75
EV/EBITDA
11.5
EV/Sales
4.42
Revenue
$101.26M
Gross profit
$101.26M
Operating income
$32.57M
Net income
$25.94M
EBIT
$32.57M
EBITDA
$38.95M
Free cash flow
$30.6M
Per share
Balance sheet
Liquidity
EPS
$1.9
EPS diluted
$1.9
Free cash flow per share
$2.23
Book value per share
$24.47
Revenue per share
$7.39
TBVPS
$239.31
Total assets
$3.36B
Total liabilities
$3.03B
Debt
$308.09M
Equity
$335.21M
Working capital
N/A
Debt to equity
0.92
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
3.32
Margins
Efficiency
Dividend
EBITDA margin
38.5%
Gross margin
100%
Net margin
25.6%
Operating margin
32.2%
Return on assets
0.8%
Return on equity
7.9%
Return on invested capital
1%
Return on capital employed
N/A
Return on sales
32.2%
Dividend yield
3.8%
DPS
$0.88
Payout ratio
46.5%
FMAO stock price
How has the Farmers & Merchants Bancorp stock price performed over time
Intraday
0.17%
1 week
2.29%
1 month
-4.08%
1 year
13.63%
YTD
-21.02%
QTD
-2.72%
Financial performance
How have Farmers & Merchants Bancorp's revenue and profit performed over time
Revenue
$101.26M
Gross profit
$101.26M
Operating income
$32.57M
Net income
$25.94M
Gross margin
100%
Net margin
25.6%
Farmers & Merchants Bancorp's operating income has increased by 15% YoY and by 13% QoQ
FMAO's net income is up by 14% year-on-year and by 12% since the previous quarter
Farmers & Merchants Bancorp's operating margin has increased by 9% from the previous quarter and by 8% YoY
The net margin is up by 8% since the previous quarter and by 8% year-on-year
Growth
What is Farmers & Merchants Bancorp's growth rate over time
Valuation
What is Farmers & Merchants Bancorp stock price valuation
P/E
12.24
P/B
0.95
P/S
3.15
EV/EBIT
13.75
EV/EBITDA
11.5
EV/Sales
4.42
The P/E is 19% below the last 4 quarters average of 15.1 and 7% below the 5-year quarterly average of 13.1
Farmers & Merchants Bancorp's EPS has increased by 14% YoY and by 12% from the previous quarter
The P/B is 14% less than the 5-year quarterly average of 1.1 and 14% less than the last 4 quarters average of 1.1
The equity rose by 6% year-on-year
FMAO's price to sales (P/S) is 15% lower than its 5-year quarterly average of 3.7 and 13% lower than its last 4 quarters average of 3.6
Farmers & Merchants Bancorp's revenue has increased by 6% YoY and by 3.5% from the previous quarter
Efficiency
How efficient is Farmers & Merchants Bancorp business performance
FMAO's ROA is up by 14% since the previous quarter and by 14% year-on-year
The ROIC has grown by 11% from the previous quarter and by 11% YoY
FMAO's return on equity is up by 10% since the previous quarter and by 7% year-on-year
Farmers & Merchants Bancorp's ROS has increased by 9% from the previous quarter and by 8% YoY
Dividends
What is FMAO's dividend history
DPS
$0.88
Dividend yield
3.8%
Payout ratio
46.5%
Recent dividends
Special dividends are included in TTM DPS and yield
Financial health
How did Farmers & Merchants Bancorp financials performed over time
FMAO's total assets is 11% greater than its total liabilities
Farmers & Merchants Bancorp's total liabilities has increased by 2.1% YoY
FMAO's total assets is up by 2.5% year-on-year
The debt is 8% smaller than the equity
The company's debt to equity fell by 12% YoY and by 5% QoQ
The debt is down by 6% year-on-year and by 5% since the previous quarter
All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise
specified. Data from 
and Sharadar.