Farmers & Merchants Bancorp (FMAO) Stock

On April 16, 2024, TIMB, FMAO, and STEP were included in the Zacks Rank #1 (Strong Buy) income stocks list.

The headline numbers for Farmers & Merchants Bancorp Inc. (FMAO) give insight into how the company performed in the quarter ended September 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Farmers & Merchants Bancorp (F&M Bank) has outperformed the S&P 500 by 16% but remains undervalued. F&M Bank is well-managed, recognized for its safety, and has exhibited strong performance during all kinds of downturns, including the Great Recession and the pandemic. F&M Bank is trading at a nearly 10-year low price-to-earnings ratio of 8.7 due to the negative market sentiment over regional banks.

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Although the revenue and EPS for Farmers & Merchants Bancorp Inc. (FMAO) give a sense of how its business performed in the quarter ended June 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Farmers & Merchants Bancorp Inc. (FMAO) came out with quarterly earnings of $0.45 per share, missing the Zacks Consensus Estimate of $0.46 per share. This compares to earnings of $0.63 per share a year ago.