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

Farmers & Merchants Bancorp (NASDAQ:FMAO) announced its earnings results on Wednesday. The financial services provider reported $0.61 EPS for the quarter, beating the consensus estimate 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 Down 4.3 %

Shares of NASDAQ:FMAO traded down $1.18 during mid-day trading on Wednesday, hitting $26.06. The company had a trading volume of 18,952 shares, compared to its average volume of 20,923. The company has a market capitalization of $357.02 million, a PE ratio of 15.33 and a beta of 0.68. Farmers & Merchants Bancorp has a one year low of $18.99 and a one year high of $34.15. The firm has a fifty day moving average price of $28.59 and a 200 day moving average price of $28.15. 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 Increases Dividend

The business also recently disclosed 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. This is an increase from Farmers & Merchants Bancorp’s previous quarterly dividend of $0.22. The ex-dividend date was Friday, December 27th. This represents a $0.89 annualized dividend and a dividend yield of 3.40%. Farmers & Merchants Bancorp’s dividend payout ratio (DPR) is 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.