WallStSmart
FMAO

Farmers & Merchants Bancorp Inc

NASDAQ: FMAO · FINANCIAL SERVICES · BANKS - REGIONAL

$26.78
+0.41% today

Updated 2026-04-30

Market cap
$366.80M
P/E ratio
10.17
P/S ratio
2.96x
EPS (TTM)
$2.62
Dividend yield
3.43%
52W range
$22 – $30
Volume
0.0M

Farmers & Merchants Bancorp Inc (FMAO) Financial statements

SEC filings — annual and quarterly data.

Profit margin
29.00%
Operating margin
42.20%
ROE
9.97%
ROA
1.05%
Debt/equity

Margin trends — annual

Gross margin Operating margin Profit margin
YearRevenueNet incomeGross marginOp. marginProfit margin
2006$48.70M$8.14M60.86%23.09%16.71%
2007$51.81M$7.73M56.39%20.39%14.93%
2008$50.30M$6.72M60.47%18.23%13.36%
2009$48.94M$6.61M65.72%18.55%13.50%
2010$48.09M$6.98M66.34%19.47%14.52%
2011$43.50M$8.51M77.31%26.22%19.57%
2012$44.23M$9.79M84.20%30.95%22.13%
2013$42.12M$9.01M87.03%29.92%21.38%
2014$43.48M$9.65M88.71%31.09%22.18%
2015$44.39M$10.34M90.51%31.90%23.29%
2016$47.80M$11.66M88.82%34.14%24.40%
2017$50.78M$12.72M89.47%35.25%25.05%
2018$55.91M$14.95M87.67%32.64%26.74%
2019$78.33M$18.40M79.71%29.06%23.49%
2020$85.26M$20.09M79.62%29.56%23.57%
2021$92.17M$23.50M88.30%32.00%25.49%
2022$113.66M$32.52M83.32%35.61%28.61%
2023$152.05M$22.79M60.44%18.65%14.99%
2024$176.56M$25.94M55.86%18.45%14.69%
2025$189.09M$33.31M62.27%22.49%17.61%