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FMAOFarmers & Merchants Bancorp, InHold6.0·$30.67-2.48%
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Farmers & Merchants Bancorp, In (FMAO) Stock Analysis

Inst Constrain edge

HoldVALUE-TRAP 1/5Moderate Confidence

Financial Services · Banks - Regional

Hold if already holding. Not a fresh buy at $30.67, but acceptable to hold if already in. Reasons: Analyst target reached - limited upside remaining; Near 52-week high (4.2% away).

Farmers & Merchants Bancorp, Inc. operates as the bank holding company for The Farmers & Merchants State Bank that provides commercial banking services to individuals and small businesses in Northwest Ohio, Northeast Indiana, and Southeast Michigan. The company offers checking,... Read more

$30.67+2.2% A.UpsideScore 6.0/10#89 of 225 Banks - Regional
QualityF-score6 / 9FCF yield
IncomeYield2.99%(5y avg 3.27%)Payout34.69%sustainable
Stop $29.07Target $31.36(resistance)A.R:R -1.5:1
Analyst target$29.83-2.7%3 analysts
$31.36our TP
$30.67price
$29.83mean
$29
$32

Hold if already holding. Not a fresh buy at $30.67, but acceptable to hold if already in. Reasons: Analyst target reached - limited upside remaining; Near 52-week high (4.2% away). Chart setup: No clear chart pattern; technical signals are mixed. Maintain position. Not compelling to add more. Score 6.0/10, moderate confidence.

Passes 6/8 gates (positive momentum, no SEC red flags, news events none recent, earnings proximity no date, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio and clean insider activity. Suitability: aggressive.

Thesis

Rewards
Attractive valuation
Strong growth profile
Positive momentum
Risks
Analyst target reached - limited upside remaining
Near 52-week high (4.2% away)

Key Metrics

P/E (TTM)11.7
P/E (Fwd)10.2
Mkt Cap$422M
EV/EBITDA
Profit Mgn29.0%
ROE10.0%
Rev Growth16.5%
Beta0.81
Dividend2.99%
Rating analysts8

Quality Signals

Piotroski F6/9

Options Flow

P/C1.00neutral
IV112%elevated

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.

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Methodology · Editorial policy & full disclaimer

Rating Breakdown

10 dimensions · all in-band

GatesA.R:R -1.5=NEGATIVEINSIDER 0.58%=EXTREMEMomentum 7.4>=5.5No SEC red flagsNEWS EVENTS NONE RECENTEARNINGS PROXIMITY NO DATESEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARSuitability: Aggressive
RSI
70 · Overbought
20D MA 50D MA 200D MAGOLDEN CROSSSupport $27.16Resistance $32.00

Price Targets

$29
$31
A.Upside+2.2%
A.R:R-1.5:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! Target reached (-17.3% upside)
! Negative risk/reward — downside exceeds upside
! Insider activity: 0.58%=extreme

Earnings

We could not retrieve earnings history for FMAO.
The company may be recently listed, pre-revenue, or its beat/miss record wasn't available from our source this run. Earnings signals feed the Growth and Catalyst score dimensions — absence here doesn't affect other dimensions.

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is FMAO stock a buy right now?

Hold if already holding. Not a fresh buy at $30.67, but acceptable to hold if already in. Reasons: Analyst target reached - limited upside remaining; Near 52-week high (4.2% away). Chart setup: No clear chart pattern; technical signals are mixed. Maintain position. Not compelling to add more. Target $31.36 (+2.2%), stop $29.07 (−5.5%), A.R:R -1.5:1. Score 6.0/10, moderate confidence.

What is the FMAO stock price target?

Take-profit target: $31.36 (+2.2% upside). Target $31.36 (+2.2%), stop $29.07 (−5.5%), A.R:R -1.5:1. Stop-loss: $29.07.

What are the risks of investing in FMAO?

Analyst target reached - limited upside remaining; Near 52-week high (4.2% away).

Is FMAO overvalued or undervalued?

Farmers & Merchants Bancorp, In trades at a P/E of 11.7 (forward 10.2). TrendMatrix value score: 7.8/10. Verdict: Hold.

What do analysts say about FMAO?

8 analysts cover FMAO with a consensus score of 2.4/5. Average price target: $30.

What does Farmers & Merchants Bancorp, In do?Farmers & Merchants Bancorp, Inc. operates as the bank holding company for The Farmers & Merchants State Bank that...

Farmers & Merchants Bancorp, Inc. operates as the bank holding company for The Farmers & Merchants State Bank that provides commercial banking services to individuals and small businesses in Northwest Ohio, Northeast Indiana, and Southeast Michigan. The company offers checking, savings, and time deposit accounts; certificates of deposit; and custodial services for individual retirement and health savings accounts. It also provides commercial, agricultural, and residential mortgage, as well as consumer lending products; loans for farmland, farm equipment, and livestock; operating loans for seeds, fertilizers, and feeds; home improvement loans; and loans for autos, trucks, recreational vehicles, and motorcycles. In addition, the company offers commercial real estate loans, such as lines of credit and machinery purchase loans. Further, it provides automated teller machine or interactive teller machine services; and online and mobile banking, bill-pay, on-line statement opportunities, and remote deposit capture or electronic deposit processing. Additionally, the company offers electronic transaction origination, such as wire and automated clearing house file transmittal services. Farmers & Merchants Bancorp, Inc. was founded in 1897 and is headquartered in Archbold, Ohio.

Related stocks: NBN (Northeast Bank) · BWFG (Bankwell Financial Group, Inc.) · NPB (Northpointe Bancshares, Inc.) · CUBI (Customers Bancorp, Inc) · COFS (ChoiceOne Financial Services, I)
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