Farmers & Merchants Bancorp

Farmers & Merchants Bancorp, Inc. operates as a bank holding company, which engages in the provision of commercial banking, retail banking, and financial services. It includes commercial, agricultural, and residential mortgage as well as consumer and credit card lending activities. The firm also offers checking account services, and savings and time deposit services. The company was founded in 1985 and is headquartered in Archbold, OH.

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Farmers & Merchants Bancorp, Inc. is a bank holding company, which engages in the provision of commercial banking, retail banking, and financial services. It includes commercial, agricultural, and residential mortgages as well as consumer and credit card lending activities. The firm also offers checking account services, and savings and time deposit services. The company was founded in 1985 and is headquartered in Archbold, OH.

Farmers & Merchants Bancorp has consistently raised dividends for nearly 60 years and offers strong dividend growth potential, making it a solid long-term buy. The bank demonstrated resilience with 2.4% deposit growth and 0.6% loan growth in Q3 2024, outperforming many regional peers. Net interest margin improved to 4.07%, driving net interest income to $52 million, while maintaining industry-leading asset quality and a strong efficiency ratio of 47.6%.

Farmers & Merchants Bancorp: Exceptional Performance, Big Dividend Growth

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ARCHBOLD, Ohio, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO) today reported financial results for the 2024 third quarter and year-to-date ended September 30, 2024.

Farmers & Merchants Bancorp, Inc. Reports 2024 Third-Quarter and Year-to-Date Financial Results

Kevin Frey Appointed to Board of Directors Dr. K. Brad Stamm to Retire from Board of Directors ARCHBOLD, Ohio, Oct. 24, 2024 (GLOBE NEWSWIRE) -- F&M Bank (“F&M”), an Archbold, Ohio-based bank owned by Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO), announced updates to its Board of Directors.

Farmers & Merchants Bancorp, Inc. and F&M Bank Announces Updates to Board of Directors

ARCHBOLD, OHIO, Sept. 27, 2024 (GLOBE NEWSWIRE) -- F&M Bank (“F&M”), an Archbold, Ohio-based bank owned by Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO) recently celebrated the success of its 7th Annual Ohio Charity Golf Classic and 3rd Annual Indiana Charity Golf Classic.

F&M's Annual Ohio and Indiana Golf Classics Raise $53,000 for Local Charities

Regular quarterly dividend increased to $0.22125 per share, or $0.885 per share annualized Regular quarterly dividend increased to $0.22125 per share, or $0.885 per share annualized

Farmers & Merchants Bancorp, Inc. Announces 30th Consecutive Annual Increase in Dividend

Farmers & Merchants Bancorp has been typically quiet since my last update in March, underperforming the broader regional bank space. Funding cost growth has picked up some steam here recently, leading to downward pressure on the bank's net interest margin and income. The bank's fundamentals remain intact, with an extremely attractive funding profile notwithstanding recent developments.

Farmers & Merchants Bancorp: Historically Cheap For The Long-Term Investor

ARCHBOLD, Ohio, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO) today reported financial results for the 2024 second quarter and year-to-date ended June 30, 2024.

Farmers & Merchants Bancorp, Inc. Reports 2024 Second-Quarter and Year-to-Date Financial Results

ARCHBOLD, Ohio, June 25, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Farmers & Merchants Bancorp, Inc., (Nasdaq: FMAO) the holding company of F&M Bank, with total assets of $3.29 billion at March 31, 2024, today announced that it has approved the Company's quarterly cash dividend of $0.22 per share, which is a 4.8% increase over the 2023 second-quarter dividend. The second-quarter dividend is payable on July 20, 2024, to shareholders of record as of July 5, 2024.

Farmers & Merchants Bancorp, Inc. Declares 2024 Second-Quarter Cash Dividend

ARCHBOLD, Ohio, June 11, 2024 (GLOBE NEWSWIRE) -- F&M Bank (“F&M”), an Archbold, Ohio-based bank owned by Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO), proudly announces its collaboration with Habitat for Humanity of Fulton County, Ohio to sponsor and build four playhouses for deserving, local families. On Friday, June 14th, employees of F&M Bank will team up to build four playhouses for local children through Habitat's Playhouse Project program.

F&M Bank Employees Team up with Habitat for Humanity to Build Playhouses for Deserving, Northwest Ohio Families

ARCHBOLD, Ohio, May 21, 2024 (GLOBE NEWSWIRE) -- F&M Bank (“F&M”), an Archbold, Ohio-based bank owned by Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO) announces the retirement of Board Chairman, Jack Johnson. Mr. Johnson was appointed to the Company's Board in January 1991.

Farmers & Merchants Bancorp Celebrates Retirement of Board Chairman Jack Johnson

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ARCHBOLD, Ohio, May 03, 2024 (GLOBE NEWSWIRE) -- F&M Bank (“F&M”), an Archbold, Ohio-based bank owned by Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO) announced the appointment of Andrew Briggs as Chairman of the Board of both the Company and the Bank. As part of F&M's comprehensive succession plan, current Board Chairman Jack Johnson will retire later this month after reaching the maximum age requirement as set forth in F&M's bylaws.

Andrew Briggs Appointed Chairman of Farmers & Merchants Bancorp, Inc. and F&M Bank

ARCHBOLD, Ohio, May 01, 2024 (GLOBE NEWSWIRE) -- Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO) today reported financial results for the 2024 first quarter ended March 31, 2024. 2024 First Quarter Financial and Operating Highlights (on a year-over-year basis unless noted): 84 consecutive quarters of profitability Net income was $5.4 million, or $0.39 per basic and diluted share Net interest income after provision for credit losses increased 6.2% from December 31, 2023, primarily due to a stabilizing net interest margin and solid asset quality Total loans increased 3.9% to $2.54 billion at March 31, 2024 Total cash and cash equivalents increased by $123.5 million, or 191.9% to $187.8 million Total assets increased 7.1% to a record $3.29 billion Deposits increased to 4.3% to a record $2.62 billion Stockholders' equity increased 3.9% to a record $317.7 million Asset quality remains solid as net charge-offs to average loans were 0.00% Allowance for credit losses was 127.28% of nonperforming loans Lars B.

Farmers & Merchants Bancorp, Inc. Reports 2024 First-Quarter Financial Results

ARCHBOLD, Ohio, April 24, 2024 (GLOBE NEWSWIRE) -- F&M Bank (“F&M”), an Archbold, Ohio-based bank owned by Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO) announced that Mark Hutchinson has joined F&M as Treasurer. In this new position, Hutchinson will oversee certain financial operations including budgeting, planning, investing and other financial matters for the Bank.

Mark Hutchinson Joins F&M Bank as Treasurer

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ARCHBOLD, Ohio, March 19, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Farmers & Merchants Bancorp, Inc., (Nasdaq: FMAO) the holding company of F&M Bank, with total assets of $3.28 billion at December 31, 2023, today announced that it has approved the Company's quarterly cash dividend of $0.22 per share, which is a 4.8% increase over the 2023 first-quarter dividend. The first quarter dividend is payable on April 20, 2024, to shareholders of record as of March 29, 2024.

Farmers & Merchants Bancorp, Inc. Declares 2024 First-Quarter Cash Dividend

Farmers & Merchants Bancorp is a quality bank trading at a relatively cheap valuation. The bank operates mainly in the mid-Central Valley of California and the east region of the San Francisco Bay area. The bank has a positive track record of growing its assets and profits, with a strong capital position and attractive shareholder remuneration policy.

Farmers & Merchants Bancorp: A Dividend King At An Attractive Valuation

ARCHBOLD, Ohio, March 05, 2024 (GLOBE NEWSWIRE) -- F&M Bank (“F&M”), an Archbold, Ohio based bank owned by Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO) today announced the promotion of Kevin Becker to Senior Vice President and Chief Credit Officer. Lars Eller, President and Chief Executive Officer stated, “We are thrilled to announce the promotion of Kevin Becker to Chief Credit Officer, a testament to our belief in fostering talent from within and recognizing the hard work and dedication that he has consistently demonstrated.

F&M Bank Announces Promotion of Kevin Becker to Chief Credit Officer

ARCHBOLD, Ohio, Feb. 13, 2024 (GLOBE NEWSWIRE) -- Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO) today reported financial results for the 2023 fourth quarter and twelve months ended December 31, 2023.

Farmers & Merchants Bancorp, Inc. Reports 2023 Fourth-Quarter and Full-Year Financial Results

ARCHBOLD, Ohio, Jan. 29, 2024 (GLOBE NEWSWIRE) -- F&M Bank (“F&M”), an Archbold, Ohio-based bank owned by Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO), today announced a brand ambassador partnership with recently drafted Atlanta Braves outfielder Kade Kern.

F&M Bank Signs Atlanta Braves' Kade Kern to Brand Partnership

ARCHBOLD, Ohio, Jan. 24, 2024 (GLOBE NEWSWIRE) -- F&M Bank (“F&M”), an Archbold, Ohio based bank owned by Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO) today announced the retirements of Rex Rice, EVP & Chief Lending Officer and Benét Rupp, EVP & Chief Administrative Officer. Rice will remain in his role until March 1, 2024. Rupp will remain in her role until March 22, 2024. F&M also announced several promotions as part of the Company's established succession plan.

F&M Bank Announces Leadership Changes and Retirements of Rex Rice, EVP & Chief Lending Officer and Benét Rupp, EVP & Chief Administrative Officer

ARCHBOLD, Ohio, Dec. 19, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of Farmers & Merchants Bancorp, Inc., (Nasdaq: FMAO) the holding company of F&M Bank, with total assets of $3.235 billion at September 30, 2023, today announced that it has approved a 4.8% year-over-year increase in the Company's quarterly cash dividend.

Farmers & Merchants Bancorp, Inc. Raises the 2023 Fourth Quarter Cash Dividend by 4.8% Year-over-Year to $0.22 per share

ARCHBOLD, Ohio, Dec. 19, 2023 (GLOBE NEWSWIRE) -- F&M Bank (“F&M”), an Archbold, Ohio based bank owned by Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO) today announced the appointment of Ian D. Boyce to the Board of Directors of both the Company and the Bank.

News for Farmers & Merchants Bancorp Stock (FMAO)