Farmers & Merchants Bancorp, Inc. (FMAO)
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No price history available.
Key financial summary
Financials in USD| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | 2026E | ||
|---|---|---|---|---|---|---|---|---|---|
| Total net revenue | $m | 75 | 85 | 99 | 94 | 99 | 120 | 128 | - |
| Operating profit | $m | 43 | 51 | ||||||
| Net profit | $m | 20 | 23 | 33 | 23 | 26 | 33 | 40 | 44 |
| EPS reported | $ | 3.41 | 2.91 | ||||||
| Operating cashflow per share | $ | 2.66 | 3.18 | ||||||
| Capex per share | $ | 0.13 | 0.05 | ||||||
| FCF per share | $ | 2.53 | 3.13 | ||||||
| Free cash flow | $m | 35 | 43 | ||||||
| Net debt | $m | -9 | 62 | ||||||
| Book value equity | $m | 371 | 385 | ||||||
| Book value per share | $ | 27.13 | 27.89 | ||||||
| Number of shares | m | 13.67 | 13.79 | ||||||
| DPS (TTM paid) | $ | 0.90 | 0.92 |
Financial summary
Financials in USD| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | 2026E | ||
|---|---|---|---|---|---|---|---|---|---|
| Value | |||||||||
| P/E TTM | x | 7.25 | 12.01 | ||||||
| P/B LTM | x | 0.91 | 0.88 | ||||||
| P/S LTM | x | 2.82 | 2.64 | ||||||
| P/FCF LTM | x | 9.76 | 7.85 | ||||||
| EV/EBITDA LTM | x | 10.89 | 9.50 | ||||||
| EV/Sales LTM | x | 2.85 | 2.80 | ||||||
| Earnings Yield LTM | % | +13.79% | +8.33% | ||||||
| FCF Yield | % | +10.25% | +12.74% | ||||||
| Quality | |||||||||
| ROE | % | +8.98% | +10.72% | ||||||
| ROIC | % | +4.75% | +1.14% | ||||||
| Operating margin | % | +22.49% | +26.25% | ||||||
| Gross margin | % | +62.27% | +64.89% | ||||||
| FCF/Sales | % | +18.31% | +22.08% | ||||||
| Growth and momentum | |||||||||
| EPS Growth YoY | % | +79.47% | +53.16% | ||||||
| Sales Growth YoY | % | +21.17% | +29.41% | ||||||
| Net Income Growth YoY | % | +28.42% | +54.30% | ||||||
| FCF Growth | % | +13.12% | +40.64% | ||||||
| Operating Profit Growth | % | +30.55% | +57.08% | ||||||
| Dividend and capital structure | |||||||||
| Dividend Yield | % | +3.58% | +2.61% | ||||||
| Dividend Growth | % | +1.98% | +3.97% | ||||||
| Payout Ratio | % | +25.93% | +30.89% | ||||||
| FCF/Debt | x | 0.12 | 0.20 | ||||||
| Net Debt/EBITDA | x | 4.07 | 1.10 | ||||||
| EBIT/Net interest | x | 0.61 | 0.76 | ||||||
| Net debt/market cap | % | +88.80% | +45.14% | ||||||
| Net debt/Equity | x | -0.03 | 0.16 | ||||||
| Gross debt/equity | x | 0.81 | 0.57 | ||||||
Price target estimates
Based on consensus from external analysts. Not Kvantra's opinion.
Ratings
Based on consensus from external analysts. Not Kvantra's opinion.
ESG
| Metric | 2024 | 2025 | 2026 |
|---|---|---|---|
| ESG-score | |||
| Environmental score | |||
| Social score | |||
| Governance score | |||
| Risk rating |
Company overview
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.
Similar companies
For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.
Farmers & Merchants Bancorp, Inc. (FMAO)
No price history available.
Consensus from external analysts. Not Kvantra's opinion.
Based on consensus from external analysts. Not Kvantra's opinion.
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.
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