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FMAO FARMERS & MERCHANTS BANCORP INC

Trailing twelve months to 2026-06-30 · as filed 2026-07-29, not restated
Financials

Scale

Market cap
$465m
Revenue TTM
$130m
Net income TTM
$40m
Free cash flow
$42m
Composite score
54.2
Sector rank
#2432

Valuation

P / E
11.6
EV / EBITDA
EV / sales
3.6
FCF yield
8.93%
Earnings yield vs 10-yr
3.87pp

Earnings yield vs 10-yr compares what the business earns per pound invested against the 4.73% a 10-year US Treasury note pays for no equity risk. Negative means you are paying up front for growth not yet delivered.

Quality and growth

Net margin
30.7%
EBITDA margin
ROE
10.4%
ROIC
Revenue growth
18.5%

Insider activity, last 90 days

Net open-market
$-5.20m
Buyers
1
Sellers
2

Open-market purchases and sales only. Grants, option exercises, gifts and shares withheld for tax are excluded: they are how people are paid, not what they think.

What management said

Net income is also used by the CODM to monitor budget versus actual results. Net income is up 45.79% or over $6.7 million year to date compared to year-to-date 2025. On a quarterly basis, net income is up 23.17% compared to 1 st quarter 2026 and 53.01% compared to same quarter last year. Our agricultural equipment dealers continue to endure lower sales, but the overall performance of agricultural businesses has been acceptable. This contributed to a decrease in the consumer loan portfolio of 13.4% or $7.89 million as compared to year-end 2025 and 14.1% or $8.40 million as compared to June 30, 2025. …FARMERS & MERCHANTS BANCORP INC, 10-Q, period ended 2026-06-30, filed 2026-07-29

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