Farmers & Merchants Bancorp Inc (FMAO) — Titan Protect Analysis

FMAO

Farmers & Merchants Bancorp Inc

Financial · ·

$28.09

Data: 2026-06-03

✗ ETHICAL FAIL

NONE MOAT

LIMITED

Data Confidence: 0.0%

Key Metrics

How this company measures up on the fundamentals that matter

Market Cap

$376M

Total market value of the company

Trailing P/E

10.42

Reasonably valued

Forward P/E

9.06

Based on estimated future earnings — lower means cheaper

Rev Growth

+16.5%

Year-over-year revenue change

Profit Margin

29.0%

How much profit the company keeps from each dollar of revenue

ROE

10.0%

Return on equity — how efficiently it uses shareholder money

Analyst Target

$28.50

+1% from current price — median analyst estimate

Recommendation

NONE

Consensus view from 3 analysts covering this stock

About Farmers & Merchants Bancorp Inc

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 co

https://www.fm.bank

Country: United States Employees: 473 Industry: Banks - Regional

Ethical Screening

Five compliance checks based on AAOIFI standards — all must pass for ethical clearance

Business Activity

FAIL

Core business does not involve prohibited activities

Debt Ratio

0.0% PENDING

Debt must be below 33% of total assets

Cash Ratio

0.0% PENDING

Interest-bearing cash below 33% of assets

Receivables

0.0% PENDING

Receivables below 49% of assets

Revenue Purity

0.0% PENDING

Non-compliant revenue below 5% — any excess requires purification

Quantitative Intelligence

Statistical analysis of price behaviour, risk, and market regime — independent of fundamental data

Regime

MARKDOWN

Price trending down — defensive positioning

Sharpe Ratio

0.647

Good returns relative to risk taken

Kelly Fraction

0.0409

Modest edge detected — smaller position warranted

Calmar Ratio

0.560

Acceptable balance between returns and drawdown risk

Annual Return

19.6%

Historical annualised return based on price data

Max Drawdown

-35.0%

Largest peak-to-trough decline — the worst it has been

HMM State

SIDEWAYS

Price consolidating — no clear directional bias

Days in State

How long the current regime has persisted — longer means more stable

Market Data

Trading characteristics and market positioning

Beta

0.83

Less volatile than the market — more defensive

52W High

$29.83

6% below the year high

52W Low

$22.59

24% above the year low

Avg Volume

66,785

Average daily shares traded — higher means easier to buy and sell

Short Ratio

1.7

Days it would take all short sellers to cover — higher means more crowded

Short % Float

N/A

Div Yield

324.0%

Annual dividend as a percentage of the share price

EPS (TTM)

$2.62

Earnings per share over the last 12 months

Financial Health

Balance sheet strength and cash generation — the foundation of long-term value

Debt/Equity

N/A

Current Ratio

N/A

Quick Ratio

N/A

Like current ratio but excludes inventory — stricter test

Gross Margin

N/A

Revenue left after cost of goods — higher means pricing power

Operating Margin

42.2%

Profit from core operations before interest and tax

Free Cash Flow

N/A

Negative — the business is spending more than it generates

Revenue (TTM)

$124M

Total revenue over the last 12 months

Net Income

$35M

Profitable — the bottom line is positive

Analyst Coverage

Analysts

Target High

$29.00

Target Median

$28.50

Target Low

$28.50

Explore the Ethical Screener View Track Record

Data sourced from public filings and market feeds. Not financial advice. Updated: 2026-06-03

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