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Farmers & Merchants Bancorp (FMAO): analyst forecast and price target

$35.32 +0.57% close 16.10.26 · market cap $484M · Financial · Banks - Regional IWM 0.02%
Price targets and ratings of

Analyst consensus

Hold

0 Buy1 Hold0 Sell

Ratings of 1 analysts in the last 3 months

12-month forecast

$36.00+1.9% upside

Based on 1 price targets given in the last 3 months, the average target is $36.00, the highest $36.00, the lowest $36.00. The average is +1.9% from the last price of $35.32.

$25.00$30.00$35.00Jan 26AprJulOctJan 27AprJulOctHigh$36.00Average$36.00Low$36.00
Highest target $36.00 Average target $36.00 Lowest target $36.00
AnalystFirmPrice target RatingUpsideAction Date Move vs SPY
Adam Kroll★★★★★★★★★★#4855 · hits 100% · avg +14.4% Piper Sandler $36.00 Hold +1.9% Reiterated 07.08.26on TipRanks 11:27 +1.3%next day −1.5% · 5 days +0.1%

Every rating the collector has kept for the last 12 months, including the earlier ones of the same analyst. Latest of each analyst

Best analysts covering Farmers & Merchants Bancorp

TipRanks picks them by their record on this stock; the figures under the name are their record across all their ratings.

Most accurate

3 months OpenAI Banks - Regional★★★★★★★★★★TipRanks - OpenAI · #766
Hits 70%281 of 402 Average return +7.3%
1 year OpenAI Banks - Regional★★★★★★★★★★TipRanks - OpenAI · #766
Hits 70%281 of 402 Average return +7.3%
2 years OpenAI Banks - Regional★★★★★★★★★★TipRanks - OpenAI · #766
Hits 70%281 of 402 Average return +7.3%

Most profitable

3 months OpenAI Banks - Regional★★★★★★★★★★TipRanks - OpenAI · #766
Hits 70%281 of 402 Average return +7.3%
1 year OpenAI Banks - Regional★★★★★★★★★★TipRanks - OpenAI · #766
Hits 70%281 of 402 Average return +7.3%
2 years OpenAI Banks - Regional★★★★★★★★★★TipRanks - OpenAI · #766
Hits 70%281 of 402 Average return +7.3%

How the average price target moved

The average target of all analysts (their ratings of the 3 months before) on each day, the top analysts’ dashed, against the price; the site keeps this record since 1 October 2026. On 01.10.26: target $36.00 at a price of $34.62 (+4.0%); now: $36.00 at $35.32 (+1.9%).

$34.00$35.00$36.00Sep 15Oct 1Oct 15Average target$36.00Price$35.32

PriceAverage targetTop analysts’ target

Recommendation trend

012341Oct 251Nov1DecJan 261Feb1Mar4Apr3May4Jun2Jul3Aug2Sep1Oct

Strong BuyBuyHoldSell

Rating05.2606.2607.2608.2609.2610.26
Strong Buy000000
Buy000000
Hold342321
Sell000000

Earnings and sales forecast

Next report: 21.10.26 (Q3 2026, date not confirmed)

Earnings per share

Next quarter’s EPS estimate — $0.80 (from $0.80 to $0.81). Last quarter: $0.86.

Sales

Next quarter’s sales estimate — $35M (from $35M to $35M). Last quarter: $51M.

Best top-analyst consensus in the sector · Financial

BETRBetter Home & FinanceStrong Buy
ENVAEnova InternationalStrong Buy
PLMRPalomar Holdings
SPGIS&P Global
SEICSEI Investments Company
About Farmers & Merchants Bancorp
  • CEO: Lars Eller
  • Employees: 477
  • 307 North Defiance Street, Archbold, OH, 43502, US
  • www.fm.bank

Farmers & Merchants Bancorp, Inc. functions as the holding company for The Farmers & Merchants State Bank, offering a broad spectrum of commercial banking solutions. The bank serves individual customers and small businesses throughout northwest Ohio and northeast Indiana. Its offerings include various deposit accounts such as checking, savings, and time deposits, along with custodial services for Individual Retirement Accounts (IRAs) and Health Savings Accounts (HSAs). The company's lending products are extensive, covering commercial, agricultural, and residential mortgages. Specifically, it provides financing for agricultural land, farm equipment, livestock, and operational expenses like seeds and fertilizers. Consumer loans are available for home improvements, vehicles (automobiles, trucks, recreational vehicles, and motorcycles), and credit cards. Additionally, it offers commercial real estate loans, including lines of credit and machinery purchase financing. For customer convenience, Farmers & Merchants Bancorp, Inc. provides Automated Teller Machine (ATM) and Interactive Teller Machine (ITM) access. It also supports digital banking through online and mobile platforms, remote deposit capture, and merchant credit card processing. Electronic transaction services, such as wire transfers and Automated Clearing House (ACH) file transmissions, are also available. The company was founded in 1897 and is headquartered in Archbold, Ohio.

Data from the stock’s TipRanks forecast page, read 432 min ago. It is read again as soon as a new rating appears and at least every 8 hours. TipRanks ↗