FMAO

Farmers & Merchants Bancorp Inc Financials Savings Institution, Federally Chartered Russell 3000

$36.42Close $500.7MMarket cap $22.56 – $37.1152-week range Late-januaryNext report · estimated

Highlights

Strengths

In a stage-2 uptrend all 8 trend conditions pass
Leading the market RS 86 · stronger than 86% of stocks over 12 months
Near its high 2% below its 52-week high
Earnings growing EPS +30% year on year

Price

Filing Results Screen pick 52-week high and low Adjusted prices

Key figures

FY to Dec 31, 2025 · filed Oct 27, 2026

Off 12-month high 2%

1wk 0.3% price change

1mo 5.9% price change

12-month return 58% market up 11% · its own up 52%

F-score — — Not assessed

Altman Z — Unknown

P/E 15.0× price / earnings

PEG 0.56 P/E / EPS growth

P/B 1.4× price / book

Earnings yield — EBIT / enterprise value

Cheaper than — of the market · not assessed

Revenue growth 20% year on year

EPS growth 30% latest quarter · -22 pts

Sales growth 11% latest quarter · -5 pts

ROE 9% return on equity

Free cash margin —

D/E — long-term debt / equity

Net debt / EBITDA —

Interest cover —EBIT / interest

Trade setup

ATR% 2.7% $0.99 a day · 2×ATR $34.44

RS 86 / 99 vs the universe

Trend 8 / 8 trend template

Relative volume 1.0× vs 50-day average

Up/down volume 1.25 50 sessions

Implied move — no scheduled report

Trend template · 8 of 8

Screen verdict

Did not qualify for any screen.

Warning signs

none flagged

No restatement or impairment
Equity positive
No material dilution
Margins and revenue not shrinking

Last reported Oct 22, 2026

Results reaction Oct 22, 2026+6% vs market2 sessions after results

Financials

6 fiscal years · from filings

Revenue What customers paid the company over its fiscal year, before any cost, as filed in its annual report. The change is against the year before. Methodology $121.4M +20% on FY2024

Net income Profit left after every cost, interest and tax for the year. A column below the line is a loss. Methodology $33.3M +28% on FY2024

Margins Each as a share of revenue. Gross: left after the direct cost of what was sold. Net: left after every cost. Free cash: free cash flow over revenue. A margin rising over years means the business keeps more of each dollar it sells. Methodology

Net 27%

Shares outstanding Shares in issue at the year's end. A rising count means each share owns a smaller slice of the company (stock pay, share sales); a falling one, buybacks. The chart's scale is fitted to the count, so a small change looks large: read the percentage. Methodology 13.75m +12.4% since FY2020

	FY2020Dec 31, 2020	FY2021Dec 31, 2021	FY2022Dec 31, 2022	FY2023Dec 31, 2023	FY2024Dec 31, 2024	FY2025Dec 31, 2025
Revenue	$76.6M	$87.1M	$102.6M	$97.3M	$101.5M	$121.4M
Net income	$20.1M	$23.5M	$32.5M	$22.8M	$25.9M	$33.3M
Net margin	26%	27%	32%	23%	26%	27%
Earnings per share	$1.82	$2.03	$2.48	$1.69	$1.93	$2.46
Shareholders' equity	$249.2M	$297.2M	$298.1M	$316.5M	$335.2M	$370.9M
Shares outstanding	12.23m	14.06m	14.56m	13.66m	13.70m	13.75m

Filings

SEC EDGAR

Filed	Report	Period to	Lag
Oct 27, 2026	Quarterly ↗	Sep 30, 2026	27d
Jul 29, 2026	Quarterly ↗	Jun 30, 2026	29d
Apr 29, 2026	Quarterly ↗	Mar 31, 2026	29d
Feb 27, 2026	Annual ↗	Dec 31, 2025	58d
Oct 31, 2025	Quarterly ↗	Sep 30, 2025	31d
Aug 4, 2025	Quarterly ↗	Jun 30, 2025	35d
May 5, 2025	Quarterly ↗	Mar 31, 2025	35d
Feb 26, 2025	Annual ↗	Dec 31, 2024	57d
Nov 6, 2024	Quarterly ↗	Sep 30, 2024	37d
Aug 7, 2024	Quarterly ↗	Jun 30, 2024	38d
May 8, 2024	Quarterly ↗	Mar 31, 2024	38d
Feb 27, 2024	Annual ↗	Dec 31, 2023	58d

Current reports

Filed	Disclosed
Oct 22, 2026	Results ↗
Jul 27, 2026	Results ↗
Jul 7, 2026	Director or officer change ↗
Apr 22, 2026	Results ↗
Apr 21, 2026	Shareholder vote ↗
Feb 12, 2026	Results ↗
Jan 27, 2026	Other events ↗
Oct 27, 2025	Results ↗
Aug 7, 2025	Regulation FD ↗
Jul 28, 2025	Results ↗
Jun 25, 2025	Director or officer change · Other events ↗
May 20, 2025	Director or officer change · Other events ↗