Farmers & Merchants Bancorp, (NASDAQ:FMAO) spotted trading -31.25% off 52-week high price. On the other end, the stock has been noted 26.44% away from the low price over the last 52-weeks. The stock changed -17.70% to recent value of $22. The stock transacted 45670 shares during most recent day however it has an average volume of 12.35K shares. The company has 12.74M of outstanding shares and 10.01M shares were floated in the market.
On March 20, 2020, The Board of Directors of Farmers & Merchants Bancorp, (NASDAQ:FMAO) the holding company of The Farmers & Merchants State Bank, with assets of $1.61 billion at December 31, 2019, released that it has approved the Company’s quarterly cash dividend of $0.16 per share, which is a 6.7% increase over the first quarter dividend of 2019. The first quarter dividend is payable on April 20, 2020, to shareholders of record as of March 31, 2020.
About Farmers & Merchants Bancorp:
Farmers & Merchants Bancorp (F&M) (NASDAQ:FMAO), is the holding company for the Farmers & Merchants State Bank, a local independent community bank with $1.61 billion in assets that has been serving Northwest Ohio and Northeast Indiana since 1897. The Farmers & Merchants State Bank provides commercial banking, retail banking and other financial services through its 30 offices. Our locations are in Fulton, Defiance, Hancock, Henry, Lucas, Williams, and Wood counties in Northwest Ohio. In Northeast Indiana, we have offices located in Adams, Allen, DeKalb, Jay and Steuben counties.
Its earnings per share (EPS) expected to touch remained 2.70% for this year. FMAO has an operating margin of 76.70% while its profit margin remained 26.80% for the last 12 months.
The price moved ahead of -10.94% from the mean of 20 days, -20.33% from mean of 50 days SMA and performed -18.67% from mean of 200 days price. Company’s performance for the week was 4.76%, -22.81% for month and YTD performance remained -27.03%.