Farmers & Merchants Bancorp (NASDAQ:FMAO) Issues Earnings Results, Beats Expectations By $0.13 EPS

Farmers & Merchants Bancorp (NASDAQ:FMAO) announced its quarterly earnings data on Wednesday. The financial services provider reported $0.61 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.48 by $0.13, Zacks reports. Farmers & Merchants Bancorp had a return on equity of 7.16% and a net margin of 13.16%.

Farmers & Merchants Bancorp Trading Up 1.3 %

Shares of FMAO opened at $26.41 on Friday. The business’s 50-day moving average price is $28.46 and its 200-day moving average price is $28.13. Farmers & Merchants Bancorp has a twelve month low of $18.99 and a twelve month high of $34.15. The stock has a market cap of $361.82 million, a PE ratio of 15.54 and a beta of 0.68. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 0.78.

Farmers & Merchants Bancorp Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, January 20th. Stockholders of record on Friday, December 27th were given a dividend of $0.2213 per share. The ex-dividend date of this dividend was Friday, December 27th. This is a boost from Farmers & Merchants Bancorp’s previous quarterly dividend of $0.22. This represents a $0.89 annualized dividend and a dividend yield of 3.35%. Farmers & Merchants Bancorp’s dividend payout ratio is currently 51.77%.

Farmers & Merchants Bancorp Company Profile

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.