Farmers & Merchants Bancorp, Inc.
Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO) is an Ohio bank holding company whose primary subsidiary, The Farmers & Merchants State Bank, provides community banking services across Northwest Ohio, Northeast Indiana and Southeast Michigan. Its lending includes commercial, agricultural and residential mortgages,… From the company’s description.
Over the twelve months to Sep 30, 2026, Farmers & Merchants Bancorp, Inc. reported revenue of $134.05M, up 15.7% from a year earlier, and net income of $42.71M. Its pre-tax margin was 40.4%. In fiscal 2025, it reported revenue of $121.43M, up 19.6% from fiscal 2024, and net income of $33.31M.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What Farmers & Merchants Bancorp, Inc. does
In the company’s own words
Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO) is an Ohio bank holding company whose primary subsidiary, The Farmers & Merchants State Bank, provides community banking services across Northwest Ohio, Northeast Indiana and Southeast Michigan. Its lending includes commercial, agricultural and residential mortgages, commercial and industrial credit, and consumer loans, with agricultural lending serving farms’ needs for land, equipment, livestock and operating funds. The Bank also offers checking, savings and time deposits, digital and mobile banking, payment and deposit services, and custodial accounts for IRAs and HSAs. Customers can access investment services through FM Investment Services and insurance products through F&M Insurance Agency. The company reports one consolidated business segment. Its banking network includes branches and three loan production offices, while the Bank also participates in secondary-market and government-supported lending programs. The Bank has served its regional markets since 1897; the holding company was incorporated in 1985. It had 474 full-time-equivalent employees at December 31, 2025. Its website is www.fm.bank.
Company details
- Sector
- Financials
- Industry (SIC)
- Banks & Brokers
- Headquarters
- ARCHBOLD, OH
- Fiscal year end
- December
- CIK
- 792966
- SIC
- 6035
Financial performance, year by year
Fiscal 2011–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns Farmers & Merchants Bancorp, Inc. — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Largest fund holders · Farmers & Merchants Bancorp, Inc.’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Could not be determined for this company: bond issues.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
Put this business in context.
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