Farmers & Merchants Bancorp (NASDAQ:FMAO) released its earnings results on Thursday. The financial services provider reported $0.37 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.35 by $0.02, Bloomberg Earnings reports. Farmers & Merchants Bancorp had a net margin of 24.46% and a return on equity of 9.65%.
Shares of Farmers & Merchants Bancorp (NASDAQ FMAO) traded up $0.61 on Friday, hitting $38.70. 6,293 shares of the stock traded hands, compared to its average volume of 13,322. The firm has a market cap of $364.64, a PE ratio of 29.41 and a beta of 0.01. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.92 and a quick ratio of 0.92. Farmers & Merchants Bancorp has a 12 month low of $19.13 and a 12 month high of $44.00.
The firm also recently disclosed a quarterly dividend, which was paid on Saturday, January 20th. Stockholders of record on Tuesday, December 26th were paid a $0.13 dividend. The ex-dividend date of this dividend was Friday, December 22nd. This represents a $0.52 annualized dividend and a dividend yield of 1.34%. Farmers & Merchants Bancorp’s dividend payout ratio is currently 38.52%.
An institutional investor recently bought a new position in Farmers & Merchants Bancorp stock. State Street Corp acquired a new position in Farmers & Merchants Bancorp Inc (NASDAQ:FMAO) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 14,251 shares of the financial services provider’s stock, valued at approximately $884,000. State Street Corp owned about 0.31% of Farmers & Merchants Bancorp at the end of the most recent reporting period. Institutional investors and hedge funds own 13.59% of the company’s stock.
Several equities analysts have commented on FMAO shares. ValuEngine cut shares of Farmers & Merchants Bancorp from a “buy” rating to a “hold” rating in a research note on Saturday, October 21st. Zacks Investment Research cut shares of Farmers & Merchants Bancorp from a “buy” rating to a “hold” rating in a research note on Tuesday, December 19th. Finally, Boenning Scattergood reissued a “hold” rating on shares of Farmers & Merchants Bancorp in a research note on Thursday, October 19th.
ILLEGAL ACTIVITY WARNING: “Farmers & Merchants Bancorp (FMAO) Announces Quarterly Earnings Results” was originally reported by Sports Perspectives and is the sole property of of Sports Perspectives. If you are accessing this article on another site, it was illegally stolen and republished in violation of United States and international copyright & trademark law. The legal version of this article can be read at https://sportsperspectives.com/2018/02/09/farmers-merchants-bancorp-fmao-announces-quarterly-earnings-results.html.
Farmers & Merchants Bancorp Company Profile
Farmers & Merchants Bancorp, Inc is a bank holding company. The Company’s primary subsidiary, The Farmers & Merchants State Bank (the Bank), is a community bank operating in Northwest Ohio and Northeast Indiana. The Company’s other subsidiary, Farmers & Merchants Risk Management (Captive), is a captive insurance company.
Receive News & Ratings for Farmers & Merchants Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Farmers & Merchants Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.