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

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

Farmers & Merchants Bancorp Stock Performance

FMAO stock opened at $26.06 on Thursday. The company has a debt-to-equity ratio of 0.78, a current ratio of 0.99 and a quick ratio of 0.99. Farmers & Merchants Bancorp has a 1 year low of $18.99 and a 1 year high of $34.15. The company has a market cap of $357.02 million, a P/E ratio of 15.33 and a beta of 0.68. The stock’s fifty day moving average price is $28.59 and its 200-day moving average price is $28.15.

Farmers & Merchants Bancorp Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, January 20th. Stockholders of record on Friday, December 27th were issued a dividend of $0.2213 per share. This represents a $0.89 annualized dividend and a dividend yield of 3.40%. This is a boost from Farmers & Merchants Bancorp’s previous quarterly dividend of $0.22. The ex-dividend date was Friday, December 27th. Farmers & Merchants Bancorp’s dividend payout ratio is presently 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.