Have a feature idea you'd love to see implemented?
Let us know!
Price (delayed)
$29.37
Market cap
$402.35M
P/E Ratio
17.28
Dividend/share
$0.88
EPS
$1.7
Enterprise value
$479.28M
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 equity rose by 11% year-on-year and by 3.9% since the previous quarter
Farmers & Merchants Bancorp's gross profit has increased by 2.7% from the previous quarter
Farmers & Merchants Bancorp's EPS has increased by 8% from the previous quarter but it has decreased by 4.5% YoY
FMAO's net income is up by 8% since the previous quarter but it is down by 5% year-on-year
The P/E is 30% above the 5-year quarterly average of 13.3 and 15% above the last 4 quarters average of 15.0
Key stats
What are the main financial stats of FMAO
Market
Valuations
Earnings
Shares outstanding
13.7M
Market cap
$402.35M
Enterprise value
$479.28M
Price to earnings (P/E)
17.28
Price to book (P/B)
1.2
Price to sales (P/S)
4.1
EV/EBIT
16.57
EV/EBITDA
13.58
EV/Sales
4.89
Revenue
$98M
Gross profit
$98M
Net income
$23.1M
EBIT
$28.92M
EBITDA
$35.31M
Free cash flow
$37.37M
Per share
Balance sheet
Liquidity
EPS
$1.7
EPS diluted
$1.7
Free cash flow per share
$2.73
Book value per share
$24.52
Revenue per share
$7.16
TBVPS
$241.44
Total assets
$3.39B
Total liabilities
$3.05B
Debt
$325.16M
Equity
$335.38M
Working capital
N/A
Debt to equity
0.97
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
2.18
Margins
Efficiency
Dividend
EBITDA margin
36%
Gross margin
100%
Net margin
23.6%
Operating margin
29.5%
Return on assets
0.7%
Return on equity
7.2%
Return on invested capital
0.9%
Return on capital employed
N/A
Return on sales
29.5%
Dividend yield
3%
DPS
$0.88
Payout ratio
51.8%
FMAO stock price
How has the Farmers & Merchants Bancorp stock price performed over time
Intraday
0.51%
1 week
-7.97%
1 month
-10.97%
1 year
12.83%
YTD
18.43%
QTD
6.22%
Financial performance
How have Farmers & Merchants Bancorp's revenue and profit performed over time
Revenue
$98M
Gross profit
$98M
Operating income
$28.96M
Net income
$23.1M
Gross margin
100%
Net margin
23.6%
Farmers & Merchants Bancorp's operating income has increased by 8% QoQ but it has decreased by 4.8% YoY
FMAO's net income is up by 8% since the previous quarter but it is down by 5% year-on-year
Farmers & Merchants Bancorp's operating margin has increased by 5% from the previous quarter but it has decreased by 4.8% YoY
The net margin is up by 5% since the previous quarter but it is down by 5% 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
17.28
P/B
1.2
P/S
4.1
EV/EBIT
16.57
EV/EBITDA
13.58
EV/Sales
4.89
The P/E is 30% above the 5-year quarterly average of 13.3 and 15% above the last 4 quarters average of 15.0
Farmers & Merchants Bancorp's EPS has increased by 8% from the previous quarter but it has decreased by 4.5% YoY
The P/B is 20% more than the last 4 quarters average of 1.0 and 9% more than the 5-year quarterly average of 1.1
The equity rose by 11% year-on-year and by 3.9% since the previous quarter
FMAO's price to sales (P/S) is 17% higher than its last 4 quarters average of 3.5 and 8% higher than its 5-year quarterly average of 3.8
Farmers & Merchants Bancorp's revenue has increased by 2.7% from the previous quarter
Efficiency
How efficient is Farmers & Merchants Bancorp business performance
FMAO's ROA is down by 13% year-on-year
The ROIC has grown by 13% from the previous quarter
FMAO's return on equity is down by 11% year-on-year but it is up by 6% since the previous quarter
Farmers & Merchants Bancorp's ROS has increased by 5% from the previous quarter but it has decreased by 4.5% YoY
Dividends
What is FMAO's dividend history
DPS
$0.88
Dividend yield
3%
Payout ratio
51.8%
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
FMAO's total assets is up by 4.8% year-on-year and by 2% since the previous quarter
Farmers & Merchants Bancorp's total liabilities has increased by 4.2% YoY
The debt is 3% smaller than the equity
The equity rose by 11% year-on-year and by 3.9% since the previous quarter
The company's debt to equity fell by 11% YoY and by 4.9% QoQ
All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise
specified. Data from 
and Sharadar.