Security
Farmers & Merchants Bancorp, Inc. Common Stock · FMAO
FMAONASDAQCommon stockCurrentCIK 792966Updated Oct 28, 2026
FMAO price & chart
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NASDAQ:FMAO on TradingView ↗In the news
Farmers & Merchants Bancorp, Inc. Reports 2026 First-Quarter Financial Results ↗
Seeking Alpha
Dividend Champion, Contender, And Challenger Highlights: Week Of October 18 ↗
Dividend Announcements: September 26 - October 2, 2026 ↗
Farmers & Merchants Bancorp: Rising NIM Supports Re-Rating ↗
SEC disclosures
FARMERS & MERCHANTS BANCORP INC files 8-K: Material Event ↗
Recent filings
10-Q filing
Results of Operations and Financial Condition
Items 2.02, 9.01
4 filing
144 filing
144 filing
Show 5 more recent filings
Financials
FY 2025 · USDSource
Source
Source
balance sheet · annual statements
| Line item | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q2 2024 | Q1 2026 | Q1 2025 | Q1 2024 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||||||
| AssetsUSD | 3,390,752,000Source | 3,389,185,000Source | 3,502,118,000Source | 3,345,763,000Source | 3,322,633,000Source | 3,485,569,000Source | 3,388,786,000Source | 3,287,554,000Source | 3,434,382,000Source | 3,364,723,000Source | 3,283,229,000Source | 3,015,351,000Source |
| Property, Plant and Equipment, NetUSD | 32,321,000Source | 33,779,000Source | 30,334,000Source | 32,885,000Source | 34,507,000Source | 31,534,000Source | 33,163,000Source | 35,007,000Source | 31,864,000Source | 33,828,000Source | 35,790,000Source | 28,381,000Source |
| GoodwillUSD | 86,358,000Source | 86,358,000Source | 86,358,000Source | 86,358,000Source | 86,358,000Source | 86,358,000Source | 86,358,000Source | 86,358,000Source | 86,358,000Source | 86,358,000Source | 86,358,000Source | 86,358,000Source |
| Operating Lease, Right-of-Use AssetUSD | — | — | — | — | — | — | — | — | 5,594,000Source | 6,403,000Source | 5,918,000Source | — |
| LIABILITIES AND EQUITY | ||||||||||||
| LiabilitiesUSD | 3,028,972,000Source | 3,053,805,000Source | 3,117,402,000Source | 2,994,971,000Source | 2,999,969,000Source | 3,109,621,000Source | 3,044,185,000Source | 2,969,864,000Source | 3,063,520,000Source | 3,029,512,000Source | 2,966,686,000Source | 2,717,211,000Source |
| Stockholders’ equity: | ||||||||||||
| Common Stock, Value, IssuedUSD | 135,170,000Source | 135,193,000Source | 135,510,000Source | 135,805,000Source | 135,829,000Source | 135,270,000Source | 135,407,000Source | 135,482,000Source | 135,531,000Source | 135,565,000Source | 135,515,000Source | 135,497,000Source |
| Retained Earnings (Accumulated Deficit)USD | 251,181,000Source | 230,465,000Source | 273,455,000Source | 244,870,000Source | 226,430,000Source | 264,607,000Source | 240,079,000Source | 223,648,000Source | 257,855,000Source | 235,854,000Source | 221,080,000Source | 212,449,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -13,987,000Source | -19,374,000Source | -13,956,000Source | -19,209,000Source | -28,589,000Source | -13,526,000Source | -20,117,000Source | -30,589,000Source | -11,888,000Source | -25,223,000Source | -29,012,000Source | -38,233,000Source |
| Stockholders' Equity Attributable to ParentUSD | 361,780,000Source | 335,380,000Source | 384,716,000Source | 350,792,000Source | 322,664,000Source | 375,948,000Source | 344,601,000Source | 317,690,000Source | 370,862,000Source | 335,211,000Source | 316,543,000Source | 298,140,000Source |
| Liabilities and EquityUSD | 3,390,752,000Source | 3,389,185,000Source | 3,502,118,000Source | 3,345,763,000Source | 3,322,633,000Source | 3,485,569,000Source | 3,388,786,000Source | 3,287,554,000Source | 3,434,382,000Source | 3,364,723,000Source | 3,283,229,000Source | 3,015,351,000Source |
| Additional Financial Items | ||||||||||||
| Dividends PayableUSD | 3,091,000Source | 2,998,000Source | 3,130,000Source | 3,000,000Source | 2,975,000Source | 3,128,000Source | 2,997,000Source | 2,975,000Source | 3,125,000Source | 2,996,000Source | 2,974,000Source | 2,832,000Source |
cash flow · annual statements
| Line item | Q4 2025 | Q4 2024 | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q1 2026 | Q1 2025 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | — | — | — | — | — | — | 9,578,000Source | 6,952,000Source | 33,309,000Source | 25,938,000Source | 22,787,000Source | 32,515,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Share-based Payment Arrangement, Noncash ExpenseUSD | — | — | — | — | — | — | 331,000Source | 352,000Source | 1,394,000Source | 1,361,000Source | 1,281,000Source | 899,000Source |
| Deferred Income Tax Expense (Benefit)USD | — | — | — | — | — | — | — | — | -126,000Source | 307,000Source | 2,228,000Source | 171,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | — | — | — | — | — | — | 7,651,000Source | 11,009,000Source | 36,739,000Source | 32,474,000Source | 22,146,000Source | 40,669,000Source |
| Cash flows from investing activities: | ||||||||||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | — | — | — | — | — | — | 23,706,000Source | -24,278,000Source | -138,703,000Source | -44,362,000Source | -194,088,000Source | -389,904,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | — | — | — | — | — | — | 663,000Source | 386,000Source | 1,767,000Source | 1,871,000Source | 10,929,000Source | 2,600,000Source |
| Cash flows from financing activities: | ||||||||||||
| Payments for Repurchase of Common StockUSD | — | — | — | — | — | — | 57,000Source | 23,000Source | 362,000Source | 664,000Source | 218,000Source | 308,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | — | — | — | — | — | — | 44,395,000Source | 9,955,000Source | 23,331,000Source | 46,038,000Source | 229,734,000Source | 252,821,000Source |
| Payments of Ordinary Dividends, Common StockUSD | — | — | — | — | — | — | 3,125,000Source | 2,996,000Source | 12,085,000Source | 11,922,000Source | 11,335,000Source | 10,276,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | — | — | — | — | — | — | 75,752,000Source | -3,314,000Source | -78,633,000Source | 34,150,000Source | 57,792,000Source | -96,414,000Source |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | — | — | — | — | — | — | 16,857,000Source | 17,567,000Source | 69,906,000Source | 76,498,000Source | 55,119,000Source | 13,748,000Source |
| Additional Financial Items | ||||||||||||
| Amortization of Debt Issuance CostsUSD | — | — | — | — | — | — | 29,000Source | 28,000Source | 115,000Source | 116,000Source | 116,000Source | 115,000Source |
| Amortization of Intangible AssetsUSD | — | — | — | — | — | — | 274,000Source | 414,000Source | 1,657,000Source | 1,657,000Source | 1,657,000Source | 1,011,000Source |
| Bank Owned Life Insurance IncomeUSD | — | — | 247,000Source | 265,000Source | 681,000Source | 239,000Source | 655,000Source | 244,000Source | 1,370,000Source | 965,000Source | — | — |
| Debt Securities, Available-for-sale, Realized Gain (Loss)USD | — | — | 0Source | 0Source | 0Source | 0Source | -347,000Source | 0Source | 0Source | 0Source | -891,000Source | — |
| DepreciationUSD | — | — | — | — | — | — | — | — | 3,600,000Source | 3,800,000Source | 3,400,000Source | 2,700,000Source |
| Depreciation, NonproductionUSD | — | — | — | — | — | — | 982,000Source | 986,000Source | 3,624,000Source | 3,774,000Source | 3,383,000Source | 2,739,000Source |
| Dividends PayableUSD | — | — | 3,091,000Source | 2,998,000Source | 3,130,000Source | 3,000,000Source | 3,128,000Source | 2,997,000Source | 3,125,000Source | 2,996,000Source | 2,974,000Source | 2,832,000Source |
| Equipment ExpenseUSD | — | — | 1,532,000Source | 1,472,000Source | 1,594,000Source | 1,414,000Source | 1,566,000Source | 1,278,000Source | 5,576,000Source | 5,264,000Source | 5,022,000Source | 4,207,000Source |
| Gain (Loss) on Sale of DerivativesUSD | — | — | — | — | — | — | -7,000Source | 8,000Source | 66,000Source | 59,000Source | 40,000Source | — |
| Gain (Loss) on Disposition of Other AssetsUSD | — | — | 0Source | 0Source | 30,000Source | 15,000Source | 0Source | -54,000Source | -41,000Source | 71,000Source | -135,000Source | 259,000Source |
| Gain (Loss) on Sales of Loans, NetUSD | — | — | 444,000Source | 215,000Source | 683,000Source | 257,000Source | 575,000Source | 284,000Source | 1,291,000Source | 859,000Source | 699,000Source | 1,353,000Source |
| Gain (Loss) on Disposition of Assets for Financial Service OperationsUSD | — | — | — | — | — | — | — | — | — | — | 22,000,000Source | — |
| GoodwillUSD | — | — | 86,358,000Source | 86,358,000Source | 86,358,000Source | 86,358,000Source | 86,358,000Source | 86,358,000Source | 86,358,000Source | 86,358,000Source | 86,358,000Source | 86,358,000Source |
| Goodwill and Intangible Asset ImpairmentUSD | — | — | — | — | — | — | — | — | 0Source | 0Source | — | — |
| Income Tax Expense (Benefit)USD | — | — | 2,380,000Source | 1,593,000Source | 2,968,000Source | 1,988,000Source | 2,757,000Source | 1,808,000Source | 9,216,000Source | 6,635,000Source | 5,567,000Source | 7,960,000Source |
| Net Income (Loss) Attributable to ParentUSD | — | — | 8,854,000Source | 6,516,000Source | 11,797,000Source | 7,710,000Source | 9,578,000Source | 6,952,000Source | 33,309,000Source | 25,938,000Source | 22,787,000Source | 32,515,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | — | — | 8,746,000Source | 6,440,000Source | 11,649,000Source | 7,613,000Source | 9,462,000Source | 6,869,000Source | 32,902,000Source | 25,433,000Source | 22,539,000Source | 32,231,000Source |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-saleUSD | — | — | — | — | — | — | 19,619,000Source | 8,175,000Source | 69,700,000Source | 34,759,000Source | 24,021,000Source | 31,064,000Source |
| Financing Receivable, Credit Loss, Expense (Reversal)USD | — | — | 557,000Source | 282,000Source | 173,000Source | 661,000Source | 302,000Source | 811,000Source | 2,596,000Source | 944,000Source | — | — |
income statement · annual statements
| Line item | Q4 2025 | Q4 2024 | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q1 2026 | Q1 2025 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selling, General and Administrative ExpenseUSD | — | — | 1,298,000Source | 1,128,000Source | 1,574,000Source | 1,918,000Source | 1,691,000Source | 1,484,000Source | 5,937,000Source | 5,421,000Source | 10,638,000Source | 9,577,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | — | — | 11,234,000Source | 8,109,000Source | 14,765,000Source | 9,698,000Source | 12,335,000Source | 8,760,000Source | 42,525,000Source | 32,573,000Source | 28,354,000Source | 40,475,000Source |
| Income Tax Expense (Benefit)USD | — | — | 2,380,000Source | 1,593,000Source | 2,968,000Source | 1,988,000Source | 2,757,000Source | 1,808,000Source | 9,216,000Source | 6,635,000Source | 5,567,000Source | 7,960,000Source |
| Net Income (Loss) Attributable to ParentUSD | — | — | 8,854,000Source | 6,516,000Source | 11,797,000Source | 7,710,000Source | 9,578,000Source | 6,952,000Source | 33,309,000Source | 25,938,000Source | 22,787,000Source | 32,515,000Source |
| Earnings Per Share, BasicUSD per share | — | — | 0.64Source | 0.48Source | 0.86Source | 0.56Source | 0.7Source | 0.51Source | 2.43Source | 1.9Source | 1.67Source | 2.46Source |
| Earnings Per Share, DilutedUSD per share | — | — | 0.64Source | 0.48Source | 0.86Source | 0.56Source | 0.7Source | 0.51Source | 2.43Source | 1.9Source | 1.67Source | 2.46Source |
| Weighted Average Number of Shares Outstanding, Basicshares | — | — | 13,566,565Source | 13,528,371Source | 13,600,380Source | 13,547,445Source | 13,588,669Source | 13,541,847Source | 13,559,873Source | 13,418,729Source | 13,492,903Source | 13,091,422Source |
| Additional Financial Items | ||||||||||||
| Amortization of Intangible AssetsUSD | — | — | — | — | — | — | 274,000Source | 414,000Source | 1,657,000Source | 1,657,000Source | 1,657,000Source | 1,011,000Source |
| Bank Owned Life Insurance IncomeUSD | — | — | 247,000Source | 265,000Source | 681,000Source | 239,000Source | 655,000Source | 244,000Source | 1,370,000Source | 965,000Source | — | — |
| Common Stock, Dividends, Per Share, DeclaredUSD per share | — | — | 0.23Source | 0.22Source | 0.23Source | 0.22Source | 0.23Source | 0.22Source | 0.9Source | 0.88Source | 0.85Source | 0.81Source |
| Current Income Tax Expense (Benefit)USD | — | — | — | — | — | — | — | — | 9,342,000Source | 6,328,000Source | 3,339,000Source | 7,789,000Source |
| Equipment ExpenseUSD | — | — | 1,532,000Source | 1,472,000Source | 1,594,000Source | 1,414,000Source | 1,566,000Source | 1,278,000Source | 5,576,000Source | 5,264,000Source | 5,022,000Source | 4,207,000Source |
| Interest ExpenseUSD | — | — | — | — | — | — | — | — | — | — | 58,411,000Source | 14,362,000Source |
| InterestExpenseOperatingUSD | — | — | 17,583,000Source | 20,312,000Source | 16,729,000Source | 17,781,000Source | 15,854,000Source | 17,093,000Source | 69,252,000Source | 77,660,000Source | — | — |
| Interest Income (Expense), NetUSD | — | — | 26,901,000Source | 21,589,000Source | 28,918,000Source | 25,711,000Source | 27,444,000Source | 23,909,000Source | 104,292,000Source | 85,912,000Source | 81,397,000Source | 86,787,000Source |
| Interest Income, OtherUSD | — | — | 572,000Source | 2,833,000Source | — | 1,051,000Source | — | 1,113,000Source | 3,432,000Source | 9,741,000Source | 3,850,000Source | 906,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | — | — | 8,746,000Source | 6,440,000Source | 11,649,000Source | 7,613,000Source | 9,462,000Source | 6,869,000Source | 32,902,000Source | 25,433,000Source | 22,539,000Source | 32,231,000Source |
| Taxes, MiscellaneousUSD | — | — | 397,000Source | 410,000Source | 395,000Source | 397,000Source | 400,000Source | 397,000Source | 1,588,000Source | 1,542,000Source | 1,487,000Source | 1,384,000Source |
| Undistributed Earnings (Loss) Allocated to Participating Securities, BasicUSD | — | — | 70,000Source | 40,000Source | 108,000Source | 59,000Source | 76,000Source | 44,000Source | 254,000Source | 362,000Source | 120,000Source | 187,000Source |