Is Merchants Bancorp a good investment? Merchants Bancorp (FMAO) is currently trading at 31.45 USD. Market analysts have a consensus price target of 29.83 USD. This suggests the asset is currently trading above analyst expectations.
In terms of valuation, the stock trades at a P/E ratio of 11.42. This relatively low multiple may signal that Merchants Bancorp is undervalued compared to historical market norms.
Earnings Schedule: Merchants Bancorp is expected to release its next earnings report on Oct. 26, 2026. The market consensus estimate for Forward EPS is 3.01.
For income investors, Merchants Bancorp pays a dividend yield of 2.90%. With a payout ratio of 34%, the dividend appears sustainable.
Yes, it pays an annual dividend of 0.91 USD (2.90% yield).
Merchants Bancorp is classified as a Stock. You can compare it against its peer in the "Related Symbols" list.
The next earnings date is projected to be Oct. 26, 2026. The company currently has a trailing EPS of 2.62.
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.
| Year | Total Dividends |
|---|---|
| ▸2027 |
0.75 USD
|
| July 20, 2027 (estimated) | 0.2495 |
| April 20, 2027 (estimated) | 0.2491 |
| Jan. 20, 2027 (estimated) | 0.2491 |
| ▸2026 |
0.93 USD
|
| Oct. 20, 2026 (estimated) | 0.2438 |
| July 20, 2026 | 0.2300 |
| April 20, 2026 | 0.2300 |
| Jan. 20, 2026 | 0.2300 |
| ▸2025 |
0.89 USD
|
| Oct. 20, 2025 | 0.2280 |
| July 20, 2025 | 0.2210 |
| April 20, 2025 | 0.2210 |
| Jan. 20, 2025 | 0.2210 |
| ▸2024 |
0.88 USD
|
| Oct. 20, 2024 | 0.2210 |
| July 20, 2024 | 0.2200 |
| April 20, 2024 | 0.2200 |
| Jan. 20, 2024 | 0.2200 |
| ▸2023 |
0.84 USD
|
| Oct. 20, 2023 | 0.2100 |
| July 20, 2023 | 0.2100 |
| April 20, 2023 | 0.2100 |
| Jan. 20, 2023 | 0.2100 |
| ▸2022 |
0.79 USD
|
| Oct. 20, 2022 | 0.2100 |
| July 20, 2022 | 0.2030 |
| April 20, 2022 | 0.1900 |
| Jan. 20, 2022 | 0.1900 |
| ▸2021 |
0.69 USD
|
| Oct. 20, 2021 | 0.1800 |
| July 20, 2021 | 0.1700 |
| April 20, 2021 | 0.1700 |
| Jan. 20, 2021 | 0.1700 |
| ▸2020 |
0.65 USD
|
| Oct. 20, 2020 | 0.1700 |
| July 20, 2020 | 0.1600 |
| April 20, 2020 | 0.1600 |
| Jan. 20, 2020 | 0.1600 |
| ▸2019 |
0.60 USD
|
| Oct. 20, 2019 | 0.1500 |
| July 20, 2019 | 0.1500 |
| April 20, 2019 | 0.1500 |
| Jan. 20, 2019 | 0.1500 |
| ▸2018 |
0.54 USD
|
| Oct. 20, 2018 | 0.1400 |
| July 20, 2018 | 0.1400 |
| April 20, 2018 | 0.1300 |
| Jan. 20, 2018 | 0.1300 |
| ▸2017 |
0.84 USD
|
| Oct. 20, 2017 | 0.1300 |
| July 20, 2017 | 0.2500 |
| April 20, 2017 | 0.2300 |
| Jan. 20, 2017 | 0.2300 |
| ▸2016 |
0.90 USD
|
| Oct. 20, 2016 | 0.2300 |
| July 20, 2016 | 0.2300 |
| April 20, 2016 | 0.2200 |
| Jan. 20, 2016 | 0.2200 |
| ▸2015 |
0.86 USD
|
| Oct. 20, 2015 | 0.2200 |
| July 20, 2015 | 0.2200 |
| April 20, 2015 | 0.2100 |
| Jan. 20, 2015 | 0.2100 |
| ▸2014 |
0.84 USD
|
| Oct. 20, 2014 | 0.2100 |
| July 20, 2014 | 0.2100 |
| April 20, 2014 | 0.2100 |
| Jan. 20, 2014 | 0.2100 |
| ▸2013 |
0.80 USD
|
| Oct. 20, 2013 | 0.2000 |
| July 20, 2013 | 0.2000 |
| April 20, 2013 | 0.2000 |
| Jan. 20, 2013 | 0.2000 |
| ▸2012 |
0.77 USD
|
| Oct. 20, 2012 | 0.2000 |
| July 20, 2012 | 0.1900 |
| April 20, 2012 | 0.1900 |
| Jan. 20, 2012 | 0.1900 |
| ▸2011 |
0.76 USD
|
| Oct. 20, 2011 | 0.1900 |
| July 20, 2011 | 0.1900 |
| April 20, 2011 | 0.1900 |
| Jan. 20, 2011 | 0.1900 |
| ▸2010 |
0.72 USD
|
| Oct. 20, 2010 | 0.1800 |
| July 20, 2010 | 0.1800 |
| April 20, 2010 | 0.1800 |
| Jan. 20, 2010 | 0.1800 |
| ▸2009 |
0.72 USD
|
| Oct. 20, 2009 | 0.1800 |
| July 20, 2009 | 0.1800 |
| April 20, 2009 | 0.1800 |
| Jan. 20, 2009 | 0.1800 |
| ▸2008 |
0.90 USD
|
| Oct. 20, 2008 | 0.1800 |
| July 20, 2008 | 0.1600 |
| April 20, 2008 | 0.0800 |
| March 18, 2008 | 0.3200 |
| Jan. 28, 2008 | 0.1600 |
| ▸2007 |
0.71 USD
|
| Oct. 20, 2007 | 0.0800 |
| July 20, 2007 | 0.1600 |
| July 20, 2007 | 0.1600 |
| April 20, 2007 | 0.1600 |
| Jan. 20, 2007 | 0.1500 |
| ▸2006 |
1.45 USD
|
| Oct. 20, 2006 | 0.1500 |
| July 20, 2006 | 0.1500 |
| April 20, 2006 | 0.5000 |
| Jan. 20, 2006 | 0.6500 |
| ▸2005 |
1.90 USD
|
| Oct. 20, 2005 | 0.4500 |
| July 20, 2005 | 0.4500 |
| April 20, 2005 | 0.4500 |
| Jan. 20, 2005 | 0.5500 |
| ▸2003 |
0.50 USD
|
| Jan. 23, 2003 | 0.5000 |
| ▸2002 |
1.70 USD
|
| Oct. 20, 2002 | 0.4000 |
| July 20, 2002 | 0.4000 |
| April 29, 2002 | 0.3500 |
| Jan. 20, 2002 | 0.5500 |
| ▸2001 |
1.50 USD
|
| Oct. 20, 2001 | 0.3500 |
| July 25, 2001 | 0.3500 |
| April 20, 2001 | 0.3500 |
| Jan. 20, 2001 | 0.4500 |
| ▸2000 |
1.05 USD
|
| Oct. 20, 2000 | 0.3500 |
| Aug. 23, 2000 | 0.3500 |
| April 20, 2000 | 0.3500 |
| ▸1999 |
1.40 USD
|
| Nov. 3, 1999 | 0.3000 |
| Sept. 16, 1999 | 0.3000 |
| April 20, 1999 | 0.3000 |
| March 23, 1999 | 0.5000 |
| ▸1998 |
1.40 USD
|
| Oct. 21, 1998 | 0.3000 |
| July 20, 1998 | 0.3000 |
| April 20, 1998 | 0.3000 |
| Jan. 20, 1998 | 0.5000 |
| ▸1997 |
0.75 USD
|
| Oct. 21, 1997 | 0.2500 |
| July 20, 1997 | 0.2500 |
| April 21, 1997 | 0.2500 |
| Name | Payment Date | Status | Amount |
|---|---|---|---|
| Merchants Bancorp | Jul 20, 2026 | Paid | 0.23 USD |
| Merchants Bancorp | Apr 20, 2026 | Paid | 0.23 USD |
| Merchants Bancorp | Jan 20, 2026 | Paid | 0.23 USD |
| Merchants Bancorp | Oct 20, 2025 | Paid | 0.228 USD |
| Split Date | Split Ratio to 1 |
|---|---|
| May 15, 2006 | 4:1 |
| Sept. 21, 2017 | 2:1 |
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