Farmers & Merchants Bancorp Inc.
FMAO Financial Banks Regional
Farmers & Merchants Bancorp Inc.’s revenue for fiscal 2025 (year ended December 2025) was $190.7 million, up 6.41% from fiscal 2024.
- Revenue
- +6.18%
- EPS
- +32.5%
- Free cash flow
- +36.0%
- Total debt
- −10.6%
Quarter to September 2026, against a year earlier
Follow FMAO
Alert me
Farmers & Merchants Bancorp Inc. (FMAO) P/E ratio
As of 5 November 2026, Farmers & Merchants Bancorp Inc. (FMAO) trades at a P/E ratio of 11.6×. Over the past ten years it has ranged from 7.8× (May 2023) to 32.8× (September 2017); the current reading is higher than 20% of that period. That is in line with the Banks Regional industry median of 12.0× and in line with the Financial sector median of 12.2×.
P/E ratio, daily
Embed this chart
Annual newest first
| Period | P/E ratio | Change |
|---|---|---|
| FY2025 | 10.2× | (34.10%) |
| FY2024 | 15.5× | 8.58% |
| FY2023 | 14.3× | 34.29% |
| FY2022 | 10.6× | (35.24%) |
| FY2021 | 16.4× | 28.46% |
| FY2020 | 12.8× | (29.65%) |
| FY2019 | 18.2× | (24.03%) |
| FY2018 | 23.9× | (17.68%) |
| FY2017 | 29.0× | 109.92% |
| FY2016 | 13.8× | 15.20% |
Quarterly newest first
| Period | P/E ratio | Change |
|---|---|---|
| Sep 2026 | 11.1× | 5.66% |
| Jun 2026 | 10.5× | 6.85% |
| Mar 2026 | 9.8× | (3.72%) |
| Dec 2025 | 10.2× | (5.24%) |
| 43 more quarters | Free account |
Against its own ten years
P/E ratio against peers
| Company | P/E ratio |
|---|---|
| NRIM Northrim BanCorp Inc compare | 9.4× |
| HBCP Home Bancorp, Inc. compare | 10.6× |
| PBAM Private Bancorp of America, Inc. compare | 10.8× |
| OBT Orange County Bancorp, Inc. compare | 11.2× |
| PDLB Ponce Financial Group, Inc. compare | 11.3× |
| FRBA First Bank compare | 11.6× |
| FMAO Farmers & Merchants Bancorp Inc. | 11.6× |
| WTBA West Bancorporation, Inc. compare | 12.9× |
| CZNC Citizens & Northern Corp compare | 19.2× |
| Banks Regional industry median | 12.0× |
| Financial sector median | 12.2× |
| Market median | 17.9× |
What P/E ratio is
Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.
Stock Price ÷ EPS (Basic) (TTM)