Merchants Bancorp FMAO · Stock Open Merchants Bancorp in new tab
Merchants Bancorp Analysis (FMAO)
Is Merchants Bancorp a good investment? Merchants Bancorp (FMAO) is currently trading at 28.75 USD. Market analysts have a consensus price target of 28.67 USD. This suggests the asset is currently trading above analyst expectations.
In terms of valuation, the stock trades at a P/E ratio of 10.36. 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 July 27, 2026. The market consensus estimate for Forward EPS is 3.01.
For income investors, Merchants Bancorp pays a dividend yield of 3.16%. With a payout ratio of 34%, the dividend appears sustainable.
Investor FAQ
Does Merchants Bancorp pay a dividend?
Yes, it pays an annual dividend of 0.91 USD (3.16% yield).
What asset class is Merchants Bancorp?
Merchants Bancorp is classified as a Stock. You can compare it against its peer in the "Related Symbols" list.
When is the next earnings date?
The next earnings date is projected to be July 27, 2026. The company currently has a trailing EPS of 2.62.
Company Profile
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 |
0.23 USD
|
| April 20, 2027 (estimated) | 0.2300 |
| ▸2026 |
0.95 USD
|
| Dec. 22, 2026 (estimated) | 0.2458 |
| Oct. 20, 2026 (estimated) | 0.2399 |
| July 20, 2026 (estimated) | 0.2301 |
| April 2, 2026 | 0.2300 |
| ▸2025 |
0.90 USD
|
| Dec. 29, 2025 | 0.2300 |
| Oct. 10, 2025 | 0.2280 |
| July 7, 2025 | 0.2210 |
| April 4, 2025 | 0.2210 |
| ▸2024 |
0.88 USD
|
| Dec. 27, 2024 | 0.2210 |
| Oct. 4, 2024 | 0.2210 |
| July 5, 2024 | 0.2200 |
| March 27, 2024 | 0.2200 |
| ▸2023 |
0.85 USD
|
| Dec. 28, 2023 | 0.2200 |
| Oct. 5, 2023 | 0.2100 |
| July 6, 2023 | 0.2100 |
| March 30, 2023 | 0.2100 |
| ▸2022 |
0.81 USD
|
| Dec. 29, 2022 | 0.2100 |
| Sept. 23, 2022 | 0.2100 |
| July 7, 2022 | 0.2030 |
| March 31, 2022 | 0.1900 |
| ▸2021 |
0.71 USD
|
| Dec. 27, 2021 | 0.1900 |
| Sept. 27, 2021 | 0.1800 |
| June 25, 2021 | 0.1700 |
| March 30, 2021 | 0.1700 |
| ▸2020 |
0.66 USD
|
| Dec. 28, 2020 | 0.1700 |
| Sept. 28, 2020 | 0.1700 |
| June 26, 2020 | 0.1600 |
| March 30, 2020 | 0.1600 |
| ▸2019 |
0.61 USD
|
| Dec. 30, 2019 | 0.1600 |
| Sept. 30, 2019 | 0.1500 |
| June 14, 2019 | 0.1500 |
| March 25, 2019 | 0.1500 |
| ▸2018 |
0.56 USD
|
| Dec. 28, 2018 | 0.1500 |
| Oct. 1, 2018 | 0.1400 |
| June 25, 2018 | 0.1400 |
| March 26, 2018 | 0.1300 |
| ▸2017 |
0.50 USD
|
| Dec. 22, 2017 | 0.1300 |
| Sept. 25, 2017 | 0.1300 |
| June 22, 2017 | 0.1250 |
| March 24, 2017 | 0.1150 |
| ▸2016 |
0.91 USD
|
| Dec. 22, 2016 | 0.1150 |
| Sept. 23, 2016 | 0.1150 |
| July 20, 2016 | 0.2300 |
| June 24, 2016 | 0.1150 |
| March 24, 2016 | 0.1100 |
| Jan. 20, 2016 | 0.2200 |
| ▸2015 |
0.33 USD
|
| Sept. 25, 2015 | 0.1100 |
| June 26, 2015 | 0.1100 |
| March 27, 2015 | 0.1050 |
| ▸2014 |
0.42 USD
|
| Dec. 29, 2014 | 0.1050 |
| Sept. 29, 2014 | 0.1050 |
| June 27, 2014 | 0.1050 |
| March 28, 2014 | 0.1050 |
| ▸2013 |
0.41 USD
|
| Dec. 27, 2013 | 0.1050 |
| Sept. 27, 2013 | 0.1000 |
| June 28, 2013 | 0.1000 |
| March 26, 2013 | 0.1000 |
| ▸2012 |
0.39 USD
|
| Dec. 28, 2012 | 0.1000 |
| Sept. 28, 2012 | 0.1000 |
| June 22, 2012 | 0.0950 |
| March 23, 2012 | 0.0950 |
| ▸2011 |
0.38 USD
|
| Dec. 23, 2011 | 0.0950 |
| Sept. 23, 2011 | 0.0950 |
| June 24, 2011 | 0.0950 |
| March 25, 2011 | 0.0950 |
| ▸2010 |
0.37 USD
|
| Dec. 23, 2010 | 0.0950 |
| Sept. 21, 2010 | 0.0900 |
| June 22, 2010 | 0.0900 |
| March 23, 2010 | 0.0900 |
| ▸2009 |
0.36 USD
|
| Dec. 22, 2009 | 0.0900 |
| Sept. 21, 2009 | 0.0900 |
| June 22, 2009 | 0.0900 |
| March 23, 2009 | 0.0900 |
| ▸2008 |
0.74 USD
|
| Dec. 22, 2008 | 0.0900 |
| Sept. 24, 2008 | 0.0900 |
| June 24, 2008 | 0.0800 |
| March 25, 2008 | 0.0800 |
| March 18, 2008 | 0.3200 |
| Jan. 28, 2008 | 0.0800 |
| ▸2007 |
0.32 USD
|
| Sept. 24, 2007 | 0.0800 |
| July 13, 2007 | 0.0800 |
| June 13, 2007 | 0.0800 |
| March 20, 2007 | 0.0800 |
| ▸2006 |
0.94 USD
|
| Dec. 19, 2006 | 0.0750 |
| Sept. 19, 2006 | 0.0750 |
| June 20, 2006 | 0.0750 |
| March 21, 2006 | 0.0625 |
| 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 | Apr 02, 2026 | Paid | 0.23 USD |
| Merchants Bancorp | Dec 29, 2025 | Paid | 0.23 USD |
| Merchants Bancorp | Oct 10, 2025 | Paid | 0.228 USD |
| Merchants Bancorp | Jul 07, 2025 | Paid | 0.221 USD |
| Split Date | Split Ratio to 1 |
|---|---|
| May 15, 2006 | 4.000000 |
| Sept. 21, 2017 | 2.000000 |
Community Discussion