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

Farmers & Merchants Bancorp (NASDAQ:FMAO) issued its quarterly earnings data on Wednesday. The financial services provider reported $0.61 EPS for the quarter, topping 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 Stock Up 1.3 %

Shares of NASDAQ FMAO opened at $26.41 on Friday. Farmers & Merchants Bancorp has a 12 month low of $18.99 and a 12 month high of $34.15. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 0.78. The firm has a market capitalization of $361.82 million, a price-to-earnings ratio of 15.54 and a beta of 0.68. The business has a 50-day moving average of $28.46 and a 200-day moving average of $28.13.

Farmers & Merchants Bancorp Increases Dividend

The firm also recently disclosed 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 is a positive change from Farmers & Merchants Bancorp’s previous quarterly dividend of $0.22. The ex-dividend date of this dividend was Friday, December 27th. This represents a $0.89 annualized dividend and a dividend yield of 3.35%. Farmers & Merchants Bancorp’s payout ratio is presently 51.77%.

About Farmers & Merchants Bancorp

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.