Rep. Robert E. Latta Buys Farmers & Merchants Bancorp Inc. (NASDAQ:FMAO) Shares

Representative Robert E. Latta (Republican-Ohio) recently bought shares of Farmers & Merchants Bancorp Inc. (NASDAQ:FMAO). In a filing disclosed on July 24th, the Representative disclosed that they had bought between $1,001 and $15,000 in Farmers & Merchants Bancorp stock on July 20th.

Representative Robert E. Latta also recently made the following trade(s):

• Purchased $15,001 – $50,000 in shares of Farmers & Merchants Bancorp (NASDAQ:FMAO) on 6/4/2026.

Farmers & Merchants Bancorp Trading Up 0.8%

Shares of Farmers & Merchants Bancorp stock opened at $31.20 on Tuesday. The firm has a market capitalization of $429.62 million, a PE ratio of 11.95 and a beta of 0.81. Farmers & Merchants Bancorp Inc. has a twelve month low of $22.77 and a twelve month high of $32.00. The firm’s 50-day moving average price is $29.25 and its 200 day moving average price is $27.41. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.58.

Farmers & Merchants Bancorp (NASDAQ:FMAO) last posted its quarterly earnings data on Monday, July 27th. The financial services provider reported $0.86 EPS for the quarter, topping the consensus estimate of $0.67 by $0.19. Farmers & Merchants Bancorp had a return on equity of 9.85% and a net margin of 18.54%.The company had revenue of $34.35 million during the quarter, compared to analyst estimates of $33.05 million. On average, sell-side analysts predict that Farmers & Merchants Bancorp Inc. will post 2.83 EPS for the current fiscal year.

Farmers & Merchants Bancorp Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, July 20th. Investors of record on Friday, July 10th were given a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a dividend yield of 2.9%. The ex-dividend date was Friday, July 10th. Farmers & Merchants Bancorp’s dividend payout ratio is 35.25%.

Institutional Trading of Farmers & Merchants Bancorp

A number of hedge funds and other institutional investors have recently modified their holdings of FMAO. Versant Capital Management Inc lifted its stake in Farmers & Merchants Bancorp by 72.2% during the 2nd quarter. Versant Capital Management Inc now owns 813 shares of the financial services provider’s stock worth $25,000 after acquiring an additional 341 shares in the last quarter. Royal Bank of Canada grew its stake in shares of Farmers & Merchants Bancorp by 124.6% in the fourth quarter. Royal Bank of Canada now owns 1,159 shares of the financial services provider’s stock worth $28,000 after acquiring an additional 643 shares in the last quarter. CANADA LIFE ASSURANCE Co purchased a new stake in shares of Farmers & Merchants Bancorp during the fourth quarter worth $34,000. BNP Paribas Financial Markets raised its stake in shares of Farmers & Merchants Bancorp by 36.0% in the second quarter. BNP Paribas Financial Markets now owns 1,924 shares of the financial services provider’s stock valued at $49,000 after acquiring an additional 509 shares in the last quarter. Finally, Tower Research Capital LLC TRC boosted its holdings in Farmers & Merchants Bancorp by 948.7% in the second quarter. Tower Research Capital LLC TRC now owns 4,436 shares of the financial services provider’s stock valued at $112,000 after purchasing an additional 4,013 shares during the period. 23.96% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

FMAO has been the subject of several recent research reports. Weiss Ratings raised Farmers & Merchants Bancorp from a “buy (b-)” rating to a “buy (b)” rating in a research note on Thursday, June 18th. Piper Sandler reiterated a “neutral” rating and issued a $32.00 target price (up from $28.50) on shares of Farmers & Merchants Bancorp in a research report on Thursday, June 25th. Finally, Hovde Group decreased their price target on shares of Farmers & Merchants Bancorp from $30.00 to $28.50 and set a “market perform” rating on the stock in a research note on Friday, April 24th. One research analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $30.25.

Insider Buying and Selling

In other news, Director Andrew J. Briggs sold 6,000 shares of the business’s stock in a transaction dated Monday, June 22nd. The stock was sold at an average price of $28.72, for a total transaction of $172,320.00. Following the completion of the transaction, the director directly owned 168,550 shares of the company’s stock, valued at approximately $4,840,756. The trade was a 3.44% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Over the last ninety days, insiders sold 66,825 shares of company stock worth $1,905,432. Insiders own 7.30% of the company’s stock.

About Representative Latta

Bob Latta (Republican Party) is a member of the U.S. House, representing Ohio’s 5th Congressional District. He assumed office on January 3, 2007. His current term ends on January 3, 2027.

Latta (Republican Party) ran for re-election to the U.S. House to represent Ohio’s 5th Congressional District. He won in the general election on November 5, 2024.

Farmers & Merchants Bancorp Company Profile

Farmers & Merchants Bancorp (NASDAQ:FMAO) is the bank holding company for Farmers & Merchants Bank of Central California, a community-focused institution headquartered in Los Banos, California. The bank traces its roots to 1916 and has grown to serve individuals, businesses and agricultural enterprises throughout the western San Joaquin Valley. Operating with a commitment to local decision-making, the company emphasizes personalized service and close ties to the communities in which it operates.

Through its banking subsidiary, Farmers & Merchants offers a comprehensive suite of financial products and services, including checking and savings accounts, certificates of deposit, online and mobile banking platforms, and merchant services.