Piper Sandler resumed coverage on Farmers and Merchants with a new price target
$FMAO
Savings Institutions
Finance
Piper Sandler resumed coverage of Farmers and Merchants with a rating of Neutral and set a new price target of $24.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 6/12/2024 | $24.00 | Neutral | Piper Sandler |
| 4/5/2024 | $22.00 | Market Perform | Hovde Group |
| 7/28/2023 | $24.00 → $23.50 | Neutral → Underweight | Piper Sandler |
| 12/21/2022 | $30.00 | Neutral | Janney |
| 10/21/2022 | $27.00 | Underweight → Neutral | Piper Sandler |
| 4/22/2022 | $36.50 → $41.00 | Neutral → Underweight | Piper Sandler |
4 - FARMERS & MERCHANTS BANCORP INC (0000792966) (Issuer)
4 - FARMERS & MERCHANTS BANCORP INC (0000792966) (Issuer)
4 - FARMERS & MERCHANTS BANCORP INC (0000792966) (Issuer)
ARCHBOLD, Ohio, Oct. 31, 2025 (GLOBE NEWSWIRE) -- F&M Bank ("F&M"), an Archbold, Ohio-based bank owned by Farmers & Merchants Bancorp, Inc. (NASDAQ:FMAO), is proud to announce the appointment of Amy Cover to Chief Marketing & Experience Officer (CMXO). In this expanded role, Cover will continue to lead the Bank's marketing and brand initiatives while overseeing customer experience and internal communications to ensure a consistent, meaningful connection between F&M's brand, employees, and customers. "Amy has been instrumental in shaping how F&M tells its story and engages with our communities," said Lars Eller, President and CEO of F&M Bank. "Her leadership and creativity have helped us b
ARCHBOLD, Ohio, Oct. 27, 2025 (GLOBE NEWSWIRE) -- Farmers & Merchants Bancorp, Inc. (NASDAQ:FMAO) today reported financial results for the 2025 third quarter and year-to-date ended September 30, 2025 on a consolidated basis. 2025 Third Quarter Financial and Operating Highlights(at September 30, 2025 and on a year-over-year basis unless noted) 90 consecutive quarters of profitabilityNet income increased 35.9% to $8.9 million, or $0.64 per basic and diluted shareNet interest margin increased 69 basis points year-over-year to 3.40%Total loans, net increased by $123.0 million, or 4.9% to $2.66 billionTotal deposits increased by $67.1 million, or 2.5% to $2.75 billionEfficiency ratio improved
ARCHBOLD, Ohio, Oct. 20, 2025 (GLOBE NEWSWIRE) -- F&M Bank ("F&M"), an Archbold, Ohio-based bank owned by Farmers & Merchants Bancorp, Inc. (NASDAQ:FMAO), is pleased to announce the addition of Mike Benson as Senior Vice President, Senior Small Business Banking Manager. This newly created position will facilitate F&M's strategy to support small businesses across its growing footprint in Ohio, Indiana, and Michigan. With 40 years of banking experience, Benson brings a wealth of leadership and expertise in credit management, retail banking, and business banking development. In this new role, he will help strengthen F&M's small business lending programs and establish the processes, procedure
4 - FARMERS & MERCHANTS BANCORP INC (0000792966) (Issuer)
4 - FARMERS & MERCHANTS BANCORP INC (0000792966) (Issuer)
4 - FARMERS & MERCHANTS BANCORP INC (0000792966) (Issuer)
Piper Sandler resumed coverage of Farmers and Merchants with a rating of Neutral and set a new price target of $24.00
Hovde Group initiated coverage of Farmers and Merchants with a rating of Market Perform and set a new price target of $22.00
Piper Sandler downgraded Farmers and Merchants from Neutral to Underweight and set a new price target of $23.50 from $24.00 previously
10-Q - FARMERS & MERCHANTS BANCORP INC (0000792966) (Filer)
8-K - FARMERS & MERCHANTS BANCORP INC (0000792966) (Filer)
8-K - FARMERS & MERCHANTS BANCORP INC (0000792966) (Filer)
ARCHBOLD, Ohio, Oct. 31, 2025 (GLOBE NEWSWIRE) -- F&M Bank ("F&M"), an Archbold, Ohio-based bank owned by Farmers & Merchants Bancorp, Inc. (NASDAQ:FMAO), is proud to announce the appointment of Amy Cover to Chief Marketing & Experience Officer (CMXO). In this expanded role, Cover will continue to lead the Bank's marketing and brand initiatives while overseeing customer experience and internal communications to ensure a consistent, meaningful connection between F&M's brand, employees, and customers. "Amy has been instrumental in shaping how F&M tells its story and engages with our communities," said Lars Eller, President and CEO of F&M Bank. "Her leadership and creativity have helped us b
ARCHBOLD, Ohio, Aug. 18, 2025 (GLOBE NEWSWIRE) -- F&M Bank ("F&M"), an Archbold, Ohio-based bank owned by Farmers & Merchants Bancorp, Inc. (NASDAQ:FMAO), is inviting the community to put on their detective hats for a high-stakes summer challenge, $5,000 for a lucky hunter and $5,000 for a local charity. The Great Briefcase Hunt kicked off Monday, August 18, 2025, and dares residents across the F&M footprint to follow a series of weekly clues leading to a hidden briefcase in a local park. "It's time to join the hunt," said Amy Cover, Chief Marketing Officer at F&M Bank. "We are creating an adventure that sparks excitement, brings people outside, connects neighbors, a
ARCHBOLD, Ohio, July 18, 2025 (GLOBE NEWSWIRE) -- F&M Bank ("F&M"), an Archbold, Ohio-based bank owned by Farmers & Merchants Bancorp, Inc. (NASDAQ:FMAO), announced that Andrew Briggs, Chairman of the Board, will step down from his position as part of a plan he initiated. Briggs, who has served on the Board for seven years and as Chairman since 2024, will continue serving as a director through his retirement from the Board in 2026 and will work closely with newly appointed Chairman, Kevin J. Sauder, to ensure a seamless transition. Sauder, who currently serves as Vice Chairman of the Board and is Retired President & CEO of Sauder Woodworking Co., has been named Chairman of the Board, ef
ARCHBOLD, Ohio, Oct. 27, 2025 (GLOBE NEWSWIRE) -- Farmers & Merchants Bancorp, Inc. (NASDAQ:FMAO) today reported financial results for the 2025 third quarter and year-to-date ended September 30, 2025 on a consolidated basis. 2025 Third Quarter Financial and Operating Highlights(at September 30, 2025 and on a year-over-year basis unless noted) 90 consecutive quarters of profitabilityNet income increased 35.9% to $8.9 million, or $0.64 per basic and diluted shareNet interest margin increased 69 basis points year-over-year to 3.40%Total loans, net increased by $123.0 million, or 4.9% to $2.66 billionTotal deposits increased by $67.1 million, or 2.5% to $2.75 billionEfficiency ratio improved
ARCHBOLD, Ohio, Sept. 30, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of Farmers & Merchants Bancorp, Inc., (NASDAQ:FMAO) the holding company of F&M Bank, with total assets of $3.35 billion at June 30, 2025, today announced that it has approved the Company's quarterly cash dividend of $0.2275 per share. The third-quarter dividend is payable on October 20, 2025, to shareholders of record as of October 10, 2025. The $0.2275 per share cash dividend reflects a $0.00625 per share, or 2.82% increase in the quarterly dividend and a $0.025 per share increase in the Company's annual dividend. This represents the 31st consecutive annual increase in the Company's regular dividend payment. Lars
ARCHBOLD, Ohio, July 28, 2025 (GLOBE NEWSWIRE) -- Farmers & Merchants Bancorp, Inc. (NASDAQ:FMAO) today reported financial results for the 2025 second quarter and year-to-date ended June 30, 2025. 2025 Second Quarter Financial and Operating Highlights(at June 30, 2025 and on a year-over-year basis unless noted) 89 consecutive quarters of profitabilityNet income increased 35.7% to $7.7 million, or $0.56 per basic and diluted shareNet interest margin expands for fourth consecutive quarter, up 51 basis points year-over-year to 3.22%Total loans increased by $67.2 million, or 2.6% to $2.63 billionTotal assets increased by $23.1 million, or 0.7% to $3.35 billionTotal deposits increased by $69.