How to Buy Farmers & Merchants Bancorp Stock

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 and northeast Indiana.

Farmers & Merchants Bancorp stock last closed at $27.25, up 1.76% from the previous day, and has increased 12.14% in one year. It has underperformed other stocks in the Banks - Regional industry by 0.11 percentage points. Farmers & Merchants Bancorp stock is currently +20.64% from its 52-week low of $22.59, and -8.65% from its 52-week high of $29.83.

At the moment, there are 13.77M shares of FMAO outstanding. The market capitalization of FMAO is $375.18M. In the last 24 hours, 156,000 FMAO shares were traded.

How to Buy Farmers & Merchants Bancorp Stock

Wondering how to invest in Farmers & Merchants Bancorp stock? Here's how.

  1. Figure out where to buy Farmers & Merchants Bancorp stock: You need to pick a stock brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you figure out where to buy Farmers & Merchants Bancorp stock.
  2. Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
  3. Deposit funds into your investment account: Select your method of payment and add your information.
  4. Evaluate Farmers & Merchants Bancorp stock: The Farmers & Merchants Bancorp ticker symbol is FMAO. Is Farmers & Merchants Bancorp stock a good investment? Should you buy shares of FMAO? How do FMAO's underlying business fundamentals look? Do top analysts think Farmers & Merchants Bancorp is a good buy? Why has FMAO's stock price moved recently? (Hint: Our stock research tools can help you evaluate if FMAO is a good stock to buy).
  5. Place your FMAO purchase: Decide if you will purchase FMAO shares at the current market price or use a limit order to purchase FMAO stock at a specific price.
  6. Get the latest news on your FMAO position: Create a watchlist to the latest updates on your position in Farmers & Merchants Bancorp shares.

Step 1: Figure out where to buy Farmers & Merchants Bancorp stock

You will need a brokerage account to access the NASDAQ market and buy FMAO shares.

A brokerage account is an investment account that allows you to buy and sell a variety of investments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Sign up for your brokerage account

Now that you've chosen the best brokerage, the next step is to fill out some personal information so you can invest in FMAO stock today.

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Step 3: Deposit funds into your investment account

Now that you have created your account on the best stock app, you need to deposit funds:

Check out the video below to see the process of depositing money into your brokerage account.

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Step 4: Evaluate Farmers & Merchants Bancorp stock

Once you have identified the best place to buy Farmers & Merchants Bancorp stock, it's crucial to evaluate their stock prior to investing, so you can wrap your head around the risk as well as the opportunity.

Farmers & Merchants Bancorp shares data

FMAO Price
$27.25
1w %
2.29%
1y %
12.14%
5y %
12.51%
P/E
10.4x
P/B
1x
P/S
3.03x
PEG
1.41x
Revenue
$123.95M
Earnings
$35.94M
Fore. Rev. Growth
-6.23%
Fore. Earn. Growth
9.1%
Market Cap
$375.18M
Next Earnings
N/A
Next Dividend
N/A

Fundamentals of Farmers & Merchants Bancorp

WallStreetZen was designed to help part-time investors perform better fundamental analysis in minutes instead of hours.

You can view all of the due diligence checks on FMAO's stock page.

What is the fair value of FMAO stock?

You can use a variety of different financial metrics, analyses, models, and charts to gauge FMAO's fair value.

Using relative valuations measures:

  • FMAO may be undervalued based on its P/E ratio of 10.4x, relative to Banks - Regional industry P/E ratio of 14.13x
  • FMAO may be undervalued based on its P/B ratio of 1x, relative to Banks - Regional industry P/B ratio of 1.26x
  • FMAO may be overvalued based on its PEG ratio of 1.41x

You can access additional valuation research on FMAO's stock here.

FMAO Financial Health Overview

Pros:

  • FMAO earnings of $46.10M is not sufficient to cover its interest payments.
  • FMAO profit margin has gone up from 26.4% to 29% in the past year.

Cons:

  • FMAO's operating cash flow of $33.38M allows it to safely service it's debt of $268.71M.
  • FMAO has a relatively high debt to equity ratio of 8.27.
  • Total FMAO debt is higher than 5 years ago, relative to shareholder equity.

Is Farmers & Merchants Bancorp stock a Buy, Hold, or Sell, according to Wall Street analysts?

Out of 1 Equities analysts who give ratings on FMAO, the consensus analyst rating on Farmers & Merchants Bancorp is a Hold

Please note that analyst forecasts are not recommendations, nor are they financial advice.

You can dive deeper into what analysts are saying on the Farmers & Merchants Bancorp stock forecast page.

Metrics for Advanced FMAO Traders

SMA10
26.98
SMA20
26.86
SMA50
26.12
SMA100
26.28
SMA200
25.67
MACD
0.29
MACD Signal
0.3
MACD Histogram
-0.01
RSI
56.89
Stochastic %K
38.75
Stochastic %D
43.12
StochRSI %K
17.65
StochRSI %D
36.12

Is FMAO Growing Revenue?

Last year, FMAO earnings were $35.94M. During the past 5 year, FMAO's earnings have grown by 6.98% per year. This was slower than the Banks - Regional industry average of 18.69%.

Last year, FMAO revenue was $123.95M. In the last five year, FMAO's revenue has gone up by 11.43% per year. This was slower than the Banks - Regional industry average of 12.06%.

Dig into FMAO's earnings and revenue performance here.

What are FMAO insiders up to?

Over the last year, insiders at FMAO have bought more shares than they have sold.

Eric D. Faust, Chief Risk Officer of FMAO, was the latest FMAO insider to sell. They sold $28,883.68 worth of FMAO stock on Mar 23, 2026.

Research more about who owns FMAO stock here.

Can I get consistent income from FMAO stock?

Farmers & Merchants Bancorp pays a dividend of 3.33%, compared to the Banks - Regional industry's average dividend yield of 2.7%. If you owned $1,000 worth of FMAO stock, you would have received $33.35 last year.

Farmers & Merchants Bancorp dividend payments have consistently grown over the past decade and have remained stable.

Dig into more data about Farmers & Merchants Bancorp dividend yield and history here.

What others are saying about FMAO

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Step 5: Place your FMAO purchase

There are two primary types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best possible price.
    Market orders are mostly fine for most investors.
  • Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
    If you want to be certain you're buying or selling at a particular dollar amount limit, use a limit order.

Click the Open Trade button and your broker will place the order.

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Step 6: Get the latest news on your FMAO position

Now that you own some FMAO stock, you'll want to stay up-to-date on your stock purchase.

Put FMAO on a watchlist to get the latest updates about your FMAO stock.

FMAO Feed

How to Buy Stock in Farmers & Merchants Bancorp

To summarize, here are the 6 steps to buy stock in Farmers & Merchants Bancorp:

  1. Figure out where to buy Farmers & Merchants Bancorp stock
  2. Sign up for your brokerage account
  3. Deposit funds into your investment account
  4. Evaluate Farmers & Merchants Bancorp stock
  5. Place your FMAO purchase
  6. Get the latest news on your FMAO position

If you require a brokerage account, eToro is our favorite option.

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If you want to keep track of your investment in Farmers & Merchants Bancorp, click below.

NASDAQ: FMAO
$27.25+0.47 (+1.76%)
Updated May 1, 2026
Open eToro Account
Your capital is at risk.
NASDAQ: FMAO
$27.25+0.47 (+1.76%)
Updated May 1, 2026
Open eToro Account
Your capital is at risk.

FAQ

How much does it cost to buy one Farmers & Merchants Bancorp share?

As of May 1, 2026, it costs $27.25 to buy one share of Farmers & Merchants Bancorp stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.367 shares of FMAO.

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eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Farmers & Merchants Bancorp stock?

According to 1 Wall Street analysts who monitor Farmers & Merchants Bancorp, their consensus recommendation is to hold Farmers & Merchants Bancorp stock.

What is the best way to buy Farmers & Merchants Bancorp stock?

One way to place an order for Farmers & Merchants Bancorp stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.