OverviewSuggest Edit

Farmers & Merchants Bancorp, Inc. provides commercial banking, retail banking, and other financial services to individuals and small businesses in Northwest Ohio and Northeast Indiana. The company offers checking accounts; savings and time deposits, including certificates of deposits; and custody services for individual retirement accounts and health savings accounts. It also provides commercial, agricultural, and residential mortgage, as well as consumer and credit card lending services; loans for farm land, farm equipment, and livestock; operating loans for seeds, fertilizers, and feeds; home improvements loans; and loans for autos, trucks, recreational vehicles, and motorcycles.
TypePublic
Founded1897
HQArchbold, OH, US
Websitefm-bank.com

Latest Updates

Employees (est.) (Dec 2019)357
Revenue (FY, 2020)$16.8 M(+43%)
Share Price (Jul 2021)$21.8
Cybersecurity ratingBMore

Key People/Management at Farmers & Merchants Bancorp

Jack C. Johnson

Jack C. Johnson

Chairman of the Board, Farmers & Merchants Bancorp, Inc.President, Hawk's Clothing, Inc
Paul S. Siebenmorgen

Paul S. Siebenmorgen

President & CEO, Farmers & Merchants Bancorp, Inc
Eugene N. Burkholder

Eugene N. Burkholder

Owner, Falor Farm Center
Steven A. Everhart

Steven A. Everhart

Self Employed
Jo Ellen Hornish

Jo Ellen Hornish

CEO Hornish Bros., Inc./Fountain City Leasing, Inc./Advantage Powder Coating, Inc
Marcia Sloan Latta

Marcia Sloan Latta

Vice President for Advancement, University of Findlay
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Farmers & Merchants Bancorp Office Locations

Farmers & Merchants Bancorp has an office in Archbold
Archbold, OH, US (HQ)
307 N Defiance St
Show all (1)

Farmers & Merchants Bancorp Financials and Metrics

Farmers & Merchants Bancorp Revenue

Farmers & Merchants Bancorp's revenue was reported to be $16.79 m in FY, 2020
USD

Revenue (Q1, 2021)

5.0m

Net income (Q1, 2021)

4.9m

Market capitalization (29-Jul-2021)

244.4m

Closing stock price (29-Jul-2021)

21.8

Cash (31-Mar-2021)

118.1m
Farmers & Merchants Bancorp's current market capitalization is $244.4 m.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

6.8m11.0m10.7m10.2m10.8m11.4m10.7m10.9m11.8m16.8m

Revenue growth, %

39%140%(53%)

Sales and marketing expense

887.0k1.6m1.3m

General and administrative expense

4.2m5.1m5.6m6.0m5.7m6.1m6.3m4.3m6.4m6.1m
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

1.7m1.6m2.3m2.5m2.6m2.9m2.8m2.5m2.2m2.6m2.8m2.6m2.7m2.8m2.7m2.9m2.9m2.6m2.8m2.6m2.6m2.8m2.7m2.7m3.0m3.2m3.1m3.3m4.7m5.0m

Sales and marketing expense

186.0k247.0k236.0k260.0k382.0k587.0k303.0k265.0k411.0k235.0k

General and administrative expense

1.4m1.1m1.2m1.3m1.2m1.3m1.4m1.4m1.5m1.4m1.5m1.3m1.5m1.5m1.6m1.5m1.5m1.6m1.6m1.5m1.0m1.3m1.3m1.7m1.6m1.7m1.6m1.6m1.8m2.0m

R&D expense

230.0k258.0k265.0k286.0k292.0k310.0k300.0k301.0k314.0k324.0k305.0k329.0k320.0k318.0k411.0k361.0k360.0k311.0k308.0k300.0k331.0k305.0k364.0k1.3m376.0k482.0k442.0k408.0k490.0k505.0k
USDQ2, 2011

Financial Leverage

9.2 x
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Farmers & Merchants Bancorp Cybersecurity Score

Cybersecurity ratingPremium dataset

B

81/100

SecurityScorecard logo

Farmers & Merchants Bancorp Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

Farmers & Merchants Bancorp Online and Social Media Presence

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Farmers & Merchants Bancorp News and Updates

Farmers & Merchants Bancorp, Inc. Reports 2021 Second-Quarter and Year-to-Date Financial Results

ARCHBOLD, Ohio, July 21, 2021 (GLOBE NEWSWIRE) -- Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO) today reported financial results for the 2021 second quarter and year-to-date June 30, 2021.

Farmers & Merchants Bancorp, Inc. Declares 2021 Second-Quarter Cash Dividend

ARCHBOLD, Ohio, June 16, 2021 (GLOBE NEWSWIRE) -- The Board of Directors of Farmers & Merchants Bancorp, Inc., (Nasdaq: FMAO) the holding company of The Farmers & Merchants State Bank, with assets of $2.0 billion at March 31, 2021, today announced that it has approved the Company’s quarter…

Frank R. Simon Named to Farmers & Merchants Bancorp, Inc. Board of Directors

ARCHBOLD, Ohio, June 15, 2021 (GLOBE NEWSWIRE) -- Farmers & Merchants Bancorp, Inc. (the “Company”) (NASDAQ: FMAO), the holding company of Farmers & Merchants State Bank (the “Bank”), announced today that Frank R. Simon was appointed to the Board of Directors of both the Company and the Ba…

Farmers & Merchants Bancorp (OTCQX:FMCB) Increases Cash Dividend for the 56th Consecutive Year

LODI, Calif., May 13, 2021 (GLOBE NEWSWIRE) -- The Board of Directors of Farmers & Merchants Bancorp, a bank holding company headquartered in Lodi, California, declared a mid-year cash dividend of $7.50 per share, an increase over the $7.25 per share paid in July of 2020. The cash dividend is …

Farmers & Merchants Bancorp, Inc. Announces Completion of the Ossian Financial Services, Inc. Acquisition

ARCHBOLD, Ohio, April 30, 2021 (GLOBE NEWSWIRE) -- Farmers & Merchants Bancorp, Inc. (“F&M”, “FMAO”, or the “Company”) (Nasdaq: FMAO), the holding company for Farmers & Merchants State Bank, announced today that it has completed the acquisition of Ossian Financial Services, Inc. (“OFSI…

Farmers & Merchants Bancorp Reports Record First Quarter 2021 Earnings

LODI, Calif., April 29, 2021 (GLOBE NEWSWIRE) -- Farmers & Merchants Bancorp (OTCQX: FMCB) today announced record net income of $16.7 million for first quarter 2021.
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Farmers & Merchants Bancorp Frequently Asked Questions

  • When was Farmers & Merchants Bancorp founded?

    Farmers & Merchants Bancorp was founded in 1897.

  • Who are Farmers & Merchants Bancorp key executives?

    Farmers & Merchants Bancorp's key executives are Jack C. Johnson, Paul S. Siebenmorgen and Eugene N. Burkholder.

  • How many employees does Farmers & Merchants Bancorp have?

    Farmers & Merchants Bancorp has 357 employees.

  • What is Farmers & Merchants Bancorp revenue?

    Latest Farmers & Merchants Bancorp annual revenue is $16.8 m.

  • What is Farmers & Merchants Bancorp revenue per employee?

    Latest Farmers & Merchants Bancorp revenue per employee is $47 k.

  • Who are Farmers & Merchants Bancorp competitors?

    Competitors of Farmers & Merchants Bancorp include Punjab National Bank, Bank of Baroda and Agricultural Bank of China.

  • Where is Farmers & Merchants Bancorp headquarters?

    Farmers & Merchants Bancorp headquarters is located at 307 N Defiance St, Archbold.

  • Where are Farmers & Merchants Bancorp offices?

    Farmers & Merchants Bancorp has an office in Archbold.

  • How many offices does Farmers & Merchants Bancorp have?

    Farmers & Merchants Bancorp has 1 office.