FMAO dividend history
Farmers & Merchants Bancorp Inc. (FMAO) dividend declarations and ex-dividend dates - real-time wire coverage of every payout disclosure.
Recent dividend items
- Farmers & Merchants Bancorp, Inc. Reports 2026 First-Quarter Financial ResultsARCHBOLD, Ohio, April 22, 2026 (GLOBE NEWSWIRE) -- Farmers & Merchants Bancorp, Inc. (NASDAQ:FMAO) today reported financial results for the 2026 first quarter ended March 31, 2026, on a consolidated basis. 2026 First-Quarter Financial and Operating Highlights(at March 31, 2026, and on a year-over-year basis unless noted) 92 consecutive quarters of profitabilityNet income increased 37.8% to a first quarter record of $9.6 million, or $0.70 per basic and diluted shareStrong profitability drives ROAA to 1.14%, compared to 0.85%Net charge-offs to average loans of 0.01%Tier 1 leverage ratio was 9.02%Cost of interest-bearing liabilities improved to 2.54%, from 2.76%Net interest margin increased
- Farmers & Merchants Bancorp, Inc. Declares 2026 First-Quarter Cash DividendARCHBOLD, Ohio, March 24, 2026 (GLOBE NEWSWIRE) -- The Board of Directors of Farmers & Merchants Bancorp, Inc., (NASDAQ:FMAO) the holding company of F&M Bank, with total assets of $3.43 billion at December 31, 2025, today announced that it has approved the Company's quarterly cash dividend of $0.23 per share, a 4.0% year-over-year increase. The first-quarter dividend is payable on April 20, 2026, to shareholders of record as of April 3, 2026. About Farmers & Merchants State Bank:F&M Bank is a local independent community bank that has been serving its communities since 1897. F&M Bank provides commercial banking, retail banking and other financial services. Our locations are in Butler, Cham
- Farmers & Merchants Bancorp, Inc. Reports 2025 Fourth-Quarter and Full-Year Financial ResultsARCHBOLD, Ohio, Feb. 12, 2026 (GLOBE NEWSWIRE) -- Farmers & Merchants Bancorp, Inc. (NASDAQ:FMAO) today reported financial results for the 2025 fourth quarter and twelve months ended December 31, 2025, on a consolidated basis. 2025 Fourth-Quarter Financial and Operating Highlights(at December 31, 2025, and on a year-over-year basis unless noted) 91 consecutive quarters of profitabilityNet income increased 16.8% to a quarterly record of $9.8 million, or $0.71 per basic and diluted shareNet charge-offs to average loans of 0.01%Tier 1 leverage ratio was 8.81%Cost of interest-bearing liabilities improved to 2.69%, from 3.01%Net interest margin increased by 62 basis points year-over-year to 3
- Mike Schnitkey Promoted to Market President for Northwest Ohio at F&M BankARCHBOLD, Ohio, Dec. 17, 2025 (GLOBE NEWSWIRE) -- F&M Bank ("F&M"), an Archbold, Ohio-based bank owned by Farmers & Merchants Bancorp, Inc. (NASDAQ:FMAO), is pleased to announce the promotion of Mike Schnitkey to Agri-Finance and Northwest Ohio Market President. Mike, a respected leader within F&M Bank, has been a dedicated member of the team since September 1995. A graduate of The Ohio State University, he has built an accomplished career in agricultural finance while becoming a trusted partner to farm families and agri-businesses across Northwest Ohio. In his current role as Agri-Finance Manager, Mike oversees the Bank's agricultural lending operations, leads a high-performing team, an
- Farmers & Merchants Bancorp, Inc. Declares 2025 Fourth-Quarter Cash DividendARCHBOLD, Ohio, Dec. 16, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of Farmers & Merchants Bancorp, Inc., (NASDAQ:FMAO) the holding company of F&M Bank, with total assets of $3.39 billion at September 30, 2025, today announced that it has approved the Company's quarterly cash dividend of $0.23 per share. The fourth-quarter dividend is payable on January 20, 2026, to shareholders of record as of December 29, 2025. The $0.23 per share dividend represents a $0.00875 per share, or 4.0% increase year-over-year, and a $0.0025 per share, or 1.1% increase from the third-quarter dividend. Lars B. Eller, President and Chief Executive Officer stated, "After raising our dividend in the third
- Farmers & Merchants Bancorp, Inc. Reports 2025 Third-Quarter and Year-to-Date Financial ResultsARCHBOLD, Ohio, Oct. 27, 2025 (GLOBE NEWSWIRE) -- Farmers & Merchants Bancorp, Inc. (NASDAQ:FMAO) today reported financial results for the 2025 third quarter and year-to-date ended September 30, 2025 on a consolidated basis. 2025 Third Quarter Financial and Operating Highlights(at September 30, 2025 and on a year-over-year basis unless noted) 90 consecutive quarters of profitabilityNet income increased 35.9% to $8.9 million, or $0.64 per basic and diluted shareNet interest margin increased 69 basis points year-over-year to 3.40%Total loans, net increased by $123.0 million, or 4.9% to $2.66 billionTotal deposits increased by $67.1 million, or 2.5% to $2.75 billionEfficiency ratio improved
- Farmers & Merchants Bancorp, Inc. Announces 31st Consecutive Annual Increase in DividendARCHBOLD, Ohio, Sept. 30, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of Farmers & Merchants Bancorp, Inc., (NASDAQ:FMAO) the holding company of F&M Bank, with total assets of $3.35 billion at June 30, 2025, today announced that it has approved the Company's quarterly cash dividend of $0.2275 per share. The third-quarter dividend is payable on October 20, 2025, to shareholders of record as of October 10, 2025. The $0.2275 per share cash dividend reflects a $0.00625 per share, or 2.82% increase in the quarterly dividend and a $0.025 per share increase in the Company's annual dividend. This represents the 31st consecutive annual increase in the Company's regular dividend payment. Lars
- Farmers & Merchants Bancorp, Inc. Reports 2025 Second-Quarter and Year-to-Date Financial ResultsARCHBOLD, Ohio, July 28, 2025 (GLOBE NEWSWIRE) -- Farmers & Merchants Bancorp, Inc. (NASDAQ:FMAO) today reported financial results for the 2025 second quarter and year-to-date ended June 30, 2025. 2025 Second Quarter Financial and Operating Highlights(at June 30, 2025 and on a year-over-year basis unless noted) 89 consecutive quarters of profitabilityNet income increased 35.7% to $7.7 million, or $0.56 per basic and diluted shareNet interest margin expands for fourth consecutive quarter, up 51 basis points year-over-year to 3.22%Total loans increased by $67.2 million, or 2.6% to $2.63 billionTotal assets increased by $23.1 million, or 0.7% to $3.35 billionTotal deposits increased by $69.
- Farmers & Merchants Bancorp, Inc. Declares 2025 Second-Quarter Cash DividendARCHBOLD, Ohio, June 24, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of Farmers & Merchants Bancorp, Inc., (NASDAQ:FMAO) the holding company of F&M Bank, with total assets of $3.39 billion at March 31, 2025, today announced that it has approved the Company's quarterly cash dividend of $0.22125 per share. The second-quarter dividend is payable on July 20, 2025, to shareholders of record as of July 7, 2025. For over 50 years, F&M has paid a quarterly dividend and has increased its annual dividend for 30 consecutive years reflecting the Company's long-standing commitment to return capital to shareholders. About Farmers & Merchants State Bank:F&M Bank is a local independent community
- Farmers & Merchants Bancorp, Inc. Reports 2025 First-Quarter Financial ResultsARCHBOLD, Ohio, April 28, 2025 (GLOBE NEWSWIRE) -- Farmers & Merchants Bancorp, Inc. (NASDAQ:FMAO) today reported financial results for the 2025 first quarter ended March 31, 2025. 2025 First Quarter Financial and Operating Highlights(at March 31, 2025 and on a year-over-year basis unless noted) 88 consecutive quarters of profitabilityTotal interest income increased 6.1% to $41.0 million, driven by a 19-basis point improvement in the yield on earning assets and a higher average loan balanceTotal loans increased by $40.5 million, or 1.6% to $2.58 billionTotal assets increased by $101.2 million, or 3.1% to $3.39 billionTotal deposits increased by $78.9 million, or 3.0% to $2.70
- Farmers & Merchants Bancorp, Inc. Declares 2025 First-Quarter Cash DividendARCHBOLD, Ohio, March 25, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of Farmers & Merchants Bancorp, Inc., (NASDAQ:FMAO) the holding company of F&M Bank, with total assets of $3.36 billion at December 31, 2024, today announced that it has approved the Company's quarterly cash dividend of $0.22125 per share. The first-quarter dividend is payable on April 20, 2025, to shareholders of record as of April 4, 2025. About Farmers & Merchants State Bank:Farmers & Merchants Bancorp, Inc. (NASDAQ:FMAO) is the holding company of F&M Bank, a local independent community bank that has been serving its communities since 1897. F&M Bank provides commercial banking, retail banking and other financial
- Farmers & Merchants Bancorp, Inc. Reports 2024 Fourth-Quarter and Full-Year Financial ResultsARCHBOLD, Ohio, Feb. 12, 2025 (GLOBE NEWSWIRE) -- Farmers & Merchants Bancorp, Inc. (NASDAQ:FMAO) today reported financial results for the 2024 fourth quarter and twelve months ended December 31, 2024. 2024 Fourth Quarter Financial and Operating Highlights (on a year-over-year basis unless noted): 87 consecutive quarters of profitabilityNet income increased 51.2% to $8.4 million, or $0.61 per basic and diluted share, from $5.5 million, or $0.41 per basic and diluted shareAsset quality remains at historically strong levels with nonperforming loans of only $3.1 million at December 31, 2024, compared to $22.4 million at December 31, 2023Net charge-offs to average loans were 0.00%Allowance f
- Farmers & Merchants Bancorp, Inc. Declares 2024 Fourth-Quarter Cash DividendARCHBOLD, Ohio, Dec. 17, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Farmers & Merchants Bancorp, Inc., (NASDAQ:FMAO) the holding company of F&M Bank, with total assets of $3.39 billion at September 30, 2024, today announced that it has approved the Company's quarterly cash dividend of $0.22125 per share. The fourth-quarter dividend is payable on January 20, 2025, to shareholders of record as of December 27, 2024. About Farmers & Merchants State Bank:Farmers & Merchants Bancorp, Inc. (NASDAQ:FMAO) is the holding company of F&M Bank, a local independent community bank that has been serving its communities since 1897. F&M Bank provides commercial banking, retail banking and other fin
- Farmers & Merchants Bancorp, Inc. Reports 2024 Third-Quarter and Year-to-Date Financial ResultsARCHBOLD, Ohio, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Farmers & Merchants Bancorp, Inc. (NASDAQ:FMAO) today reported financial results for the 2024 third quarter and year-to-date ended September 30, 2024. 2024 Third Quarter Financial and Operating Highlights (on a year-over-year basis unless noted): 86 consecutive quarters of profitabilityNet income increased 36.4% to $6.5 million, or $0.48 per basic and diluted share, from $4.8 million, or $0.35 per basic and diluted share, and net income expanded 14.7% from the 2024 second quarterNet interest margin increased 12 basis points to 2.71%Efficiency ratio improved to 67.98%, compared to 73.07% for the same period a year ago, and 69.03% for the 2
- Farmers & Merchants Bancorp, Inc. Announces 30th Consecutive Annual Increase in DividendARCHBOLD, Ohio, Sept. 24, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Farmers & Merchants Bancorp, Inc., (NASDAQ:FMAO) the holding company of F&M Bank, with total assets of $3.32 billion at June 30, 2024, today announced that it has approved the Company's quarterly cash dividend of $0.22125 per share. The third-quarter dividend is payable on October 20, 2024, to shareholders of record as of October 4, 2024. The $0.22125 per share cash dividend reflects a $0.00125 per share increase in the quarterly dividend, representing the 30th consecutive annual increase in the Company's regular dividend payment. Lars B. Eller, President and Chief Executive Officer stated, "I am proud that F&M
- Farmers & Merchants Bancorp, Inc. Reports 2024 Second-Quarter and Year-to-Date Financial ResultsARCHBOLD, Ohio, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Farmers & Merchants Bancorp, Inc. (NASDAQ:FMAO) today reported financial results for the 2024 second quarter and year-to-date ended June 30, 2024. 2024 Second Quarter Financial and Operating Highlights (on a year-over-year basis unless noted): 85 consecutive quarters of profitabilityNet income was $5.7 million, or $0.42 per basic and diluted shareProceeds from collateral sales of $6.4 million were received from an agricultural based relationship. The proceeds enabled paydowns and payoffs on nonaccrual loans during the second quarter that included $5.3 million in principal paydown, and $1.0+ million pre-tax benefit to interest and fee inco
- Farmers & Merchants Bancorp, Inc. Declares 2024 Second-Quarter Cash DividendARCHBOLD, Ohio, June 25, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Farmers & Merchants Bancorp, Inc., (NASDAQ:FMAO) the holding company of F&M Bank, with total assets of $3.29 billion at March 31, 2024, today announced that it has approved the Company's quarterly cash dividend of $0.22 per share, which is a 4.8% increase over the 2023 second-quarter dividend. The second-quarter dividend is payable on July 20, 2024, to shareholders of record as of July 5, 2024. About Farmers & Merchants State Bank:Farmers & Merchants Bancorp, Inc. (NASDAQ:FMAO) is the holding company of F&M Bank, a local independent community bank that has been serving its communities since 1897. F&M Bank provid
- Farmers & Merchants Bancorp, Inc. Reports 2024 First-Quarter Financial ResultsARCHBOLD, Ohio, May 01, 2024 (GLOBE NEWSWIRE) -- Farmers & Merchants Bancorp, Inc. (NASDAQ:FMAO) today reported financial results for the 2024 first quarter ended March 31, 2024. 2024 First Quarter Financial and Operating Highlights (on a year-over-year basis unless noted): 84 consecutive quarters of profitabilityNet income was $5.4 million, or $0.39 per basic and diluted shareNet interest income after provision for credit losses increased 6.2% from December 31, 2023, primarily due to a stabilizing net interest margin and solid asset qualityTotal loans increased 3.9% to $2.54 billion at March 31, 2024Total cash and cash equivalents increased by $123.5 million, or 191.9% to $187.8 mil
- Farmers & Merchants Bancorp, Inc. Declares 2024 First-Quarter Cash DividendARCHBOLD, Ohio, March 19, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Farmers & Merchants Bancorp, Inc., (NASDAQ:FMAO) the holding company of F&M Bank, with total assets of $3.28 billion at December 31, 2023, today announced that it has approved the Company's quarterly cash dividend of $0.22 per share, which is a 4.8% increase over the 2023 first-quarter dividend. The first quarter dividend is payable on April 20, 2024, to shareholders of record as of March 29, 2024. About Farmers & Merchants State Bank:Farmers & Merchants Bancorp, Inc. (NASDAQ:FMAO) is the holding company of F&M Bank, a local independent community bank that has been serving its communities since 1897. F&M Bank pro
- Farmers & Merchants Bancorp, Inc. Reports 2023 Fourth-Quarter and Full-Year Financial ResultsARCHBOLD, Ohio, Feb. 13, 2024 (GLOBE NEWSWIRE) -- Farmers & Merchants Bancorp, Inc. (NASDAQ:FMAO) today reported financial results for the 2023 fourth quarter and twelve months ended December 31, 2023. 2023 Fourth Quarter Financial and Operating Highlights (on a year-over-year basis unless noted): 83 consecutive quarters of profitabilityNet income was $5.5 million, or $0.41 per basic and diluted shareAsset quality remains strong as nonperforming loans were 0.87% of total loansNet charge-offs to average loans were 0.03%Allowance for credit losses was 111.95% of nonperforming loansTier 1 leverage ratio was 8.20%Opened first bank office in Michigan and new regional headquarters in Fort Wayn
- Farmers & Merchants Bancorp, Inc. Raises the 2023 Fourth Quarter Cash Dividend by 4.8% Year-over-Year to $0.22 per shareARCHBOLD, Ohio, Dec. 19, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of Farmers & Merchants Bancorp, Inc., (NASDAQ:FMAO) the holding company of F&M Bank, with total assets of $3.235 billion at September 30, 2023, today announced that it has approved a 4.8% year-over-year increase in the Company's quarterly cash dividend. The new cash dividend has been raised to $0.22 per share from the previous dividend of $0.21 per share for the same period last year. This represents the 29th consecutive annual increase in the Company's regular dividend payment since 1994. The fourth-quarter dividend is payable on January 20, 2024, to shareholders of record as of December 29, 2023. Lars B. Eller, Pr
- Farmers & Merchants Bancorp, Inc. Reports 2023 Third-Quarter and Year-to-Date Financial ResultsARCHBOLD, Ohio, Oct. 26, 2023 (GLOBE NEWSWIRE) -- Farmers & Merchants Bancorp, Inc. (NASDAQ:FMAO) today reported financial results for the 2023 third quarter and year-to-date September 30, 2023. 2023 Third Quarter Financial and Operating Highlights (on a year-over-year basis unless noted): 82 consecutive quarters of profitabilityNet income was $4.8 million, or $0.35 per basic and diluted shareStockholders' equity increased 8.1% to $303.2 millionRegulatory tangible book value per share increased 2.8% to $18.36 per shareTotal loans were a record of $2.53 billion and increased 7.2% from $2.36 billion at December 31, 2022Total assets increased 16.2% to a record $3.23 billionDeposits increase
- Farmers & Merchants Bancorp, Inc. Declares 2023 Third-Quarter Cash DividendARCHBOLD, Ohio, Sept. 26, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of Farmers & Merchants Bancorp, Inc., (NASDAQ:FMAO) the holding company of F&M Bank, with assets of $3.15 billion at June 30, 2023, today announced that it has approved the Company's regular quarterly cash dividend of $0.21 per share. The third quarter dividend is payable on October 20, 2023, to shareholders of record as of October 6, 2023. About Farmers & Merchants Bancorp, Inc F&M Bank is a local independent community bank that has been serving its communities since 1897. F&M Bank provides commercial banking, retail banking and other financial services. Our locations are in Butler, Champaign, Fulton, Defiance,
- Farmers & Merchants Bancorp, Inc. Reports 2023 Second-Quarter and Year-to-Date Financial ResultsARCHBOLD, Ohio, July 26, 2023 (GLOBE NEWSWIRE) -- Farmers & Merchants Bancorp, Inc. (NASDAQ:FMAO) the holding company of F&M Bank, today reported financial results for the 2023 second quarter and year-to-date June 30, 2023. 2023 Second Quarter Financial and Operating Highlights (on a year-over-year basis unless noted): 81 consecutive quarters of profitabilityNet income was $6.0 million, or $0.44 per basic and diluted shareStockholders' equity increased 8.5% to $304.7 millionRegulatory tangible book value per share increased 4.5% to $18.21 per shareOrganic loan growth of 18.5%, excluding PPP loans and the Peoples-Sidney Financial Corporation acquisitionTotal loans were a record of
- Farmers & Merchants Bancorp, Inc. Declares 2023 Second-Quarter Cash DividendARCHBOLD, Ohio, June 27, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of Farmers & Merchants Bancorp, Inc., (NASDAQ:FMAO) the holding company of F&M Bank, with assets of $3.07 billion at March 31, 2023, today announced that it has approved the Company's regular quarterly cash dividend of $0.21 per share, which is a 10.5% increase over the 2022 second-quarter regular cash dividend. The second quarter dividend is payable on July 20, 2023, to shareholders of record as of July 7, 2023. About Farmers & Merchants Bancorp, Inc F&M Bank is a local independent community bank that has been serving its communities since 1897. F&M Bank provides commercial banking, retail banking and other fin
- Farmers & Merchants Bancorp, Inc. Reports 2023 First Quarter Financial ResultsARCHBOLD, Ohio, April 19, 2023 (GLOBE NEWSWIRE) -- Farmers & Merchants Bancorp, Inc. (NASDAQ:FMAO) today reported financial results for the 2023 first quarter ended March 31, 2023. 2023 First Quarter Financial Highlights Include (on a year-over-year basis unless noted): Net interest income before provision for credit losses increased 9.6% to $21.7 millionAdopted CECL accounting standards, which led to a one-time adjustment to equity of $3.4 million, net of taxNet income of $6.5 million, compared to $8.1 millionEarnings were $0.47 per basic and diluted share, compared to $0.62 per basic and diluted shareTotal loans increased 24.7% to a record $2.447 billionOrganic loan growth of 19.4%, ex
- Farmers & Merchants Bancorp, Inc. Declares 2023 First-Quarter Cash DividendARCHBOLD, Ohio, March 21, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of Farmers & Merchants Bancorp, Inc., (NASDAQ:FMAO) the holding company of The Farmers & Merchants State Bank, with assets of $3.02 billion at December 31, 2022, today announced that it has approved the Company's quarterly cash dividend of $0.21 per share, which is a 10.5% increase over the 2022 first-quarter dividend. The first quarter dividend is payable on April 20, 2023, to shareholders of record as of April 1, 2023. About Farmers & Merchants Bancorp, Inc The Farmers & Merchants State Bank is a local independent community bank that has been serving Northwest Ohio and Northeast Indiana since 1897. The Farmers
- Farmers & Merchants Bancorp, Inc. Reports Record 2022 Full-Year Financial ResultsARCHBOLD, Ohio, Feb. 08, 2023 (GLOBE NEWSWIRE) -- Farmers & Merchants Bancorp, Inc. (NASDAQ:FMAO) today reported financial results for the 2022 fourth quarter and twelve months ended December 31, 2022. 2022 Fourth Quarter Financial Highlights Include (on a year-over-year basis unless noted): Net income was $7.2 million compared to $7.7 million for the same period last yearEarnings were $0.53 per basic and diluted share, compared to $0.59 per basic and diluted shareAdjusted net income, excluding one-time tax adjusted acquisition expenses, was $8.8 million, compared to $8.7 millionAdjusted earnings, excluding one-time tax adjusted acquisition expenses, were $0.65 per basic and diluted shar
- Farmers & Merchants Bancorp, Inc. Declares 2022 Fourth-Quarter Cash DividendARCHBOLD, Ohio, Dec. 20, 2022 (GLOBE NEWSWIRE) -- The Board of Directors of Farmers & Merchants Bancorp, Inc., (NASDAQ:FMAO) the holding company of The Farmers & Merchants State Bank, with total assets of $2.784 billion at September 30, 2022, today announced that it has approved the Company's quarterly cash dividend of $0.21 per share, which is a 10.5% increase over the 2021 fourth-quarter dividend. The fourth-quarter dividend is payable on January 20, 2023, to shareholders of record as of December 30, 2022. About Farmers & Merchants Bancorp, IncThe Farmers & Merchants State Bank is a local independent community bank that has been serving Northwest Ohio and Northeast Indiana since 189
- Farmers & Merchants Bancorp, Inc. Reports 2022 Third-Quarter and Year-to-Date Financial ResultsARCHBOLD, Ohio, Oct. 19, 2022 (GLOBE NEWSWIRE) -- Farmers & Merchants Bancorp, Inc. (NASDAQ:FMAO) today reported financial results for the 2022 third quarter and year-to-date September 30, 2022. 2022 Third Quarter Financial Highlights Include (Compared to the 2021 third quarter period unless noted): Net income increased 51.3% to a quarterly record of $9.0 million, from $5.9 millionEarnings increased 28.3% to $0.68 per basic and diluted share, from $0.53 per basic and diluted shareAverage shares outstanding increased 16.7% as a result of the Perpetual Federal Savings Bank AcquisitionEfficiency rate improved to 51.19% for the 2022 third quarter, and 53.16% for the 2022 nine monthsOrganic l
- Farmers & Merchants Bancorp, Inc. Raises the 2022 Third Quarter Cash Dividend Payment by 16.7% Year-over-Year to $0.21 per shareARCHBOLD, Ohio, Sept. 16, 2022 (GLOBE NEWSWIRE) -- The Board of Directors of Farmers & Merchants Bancorp, Inc. (NASDAQ:FMAO), the holding company of The Farmers & Merchants State Bank, with assets of $2.675 billion at June 30, 2022, today announced that it has approved a 16.7% year-over-year increase in the Company's quarterly cash dividend. The new cash dividend has been raised to $0.21 per share from the previous dividend of $0.19, and $0.18 per share for the same period last year. This represents the 28th consecutive annual increase in the Company's regular dividend payment since 1994. The third-quarter dividend is payable on October 20, 2022, to shareholders of record as of September
- Farmers & Merchants Bancorp, Inc. Reports Record 2022 Second-Quarter and Year-to-Date Financial ResultsARCHBOLD, Ohio, July 21, 2022 (GLOBE NEWSWIRE) -- Farmers & Merchants Bancorp, Inc. (NASDAQ:FMAO) today reported financial results for the 2022 second quarter and year-to-date June 30, 2022. 2022 Second Quarter Financial and Operating Highlights (on a year-over-year basis unless noted): Net income increased 66.0% to a quarterly record of $8.3 million, from $5.0 millionEarnings increased 43.2% to $0.63 per basic and diluted share, from $0.44 per basic and diluted shareAverage shares outstanding increased 16.8% as a result of the Perpetual Federal Savings Bank AcquisitionEfficiency rate improved to 50.17%Organic loan growth of 19.9%, excluding PPP loans and loan balances at time of
- Farmers & Merchants Bancorp, Inc. Declares 2022 Second-Quarter Cash DividendARCHBOLD, Ohio, June 28, 2022 (GLOBE NEWSWIRE) -- The Board of Directors of Farmers & Merchants Bancorp, Inc., (NASDAQ:FMAO) the holding company of The Farmers & Merchants State Bank, with assets of $2.69 billion at March 31, 2022, today announced that it has approved the Company's regular quarterly cash dividend of $0.19 per share. In addition, the Board declared a special one-time cash dividend of $0.0125 to honor F&M's 125th anniversary. The second quarter dividend and special one-time cash dividend are payable on July 20, 2022, to shareholders of record as of July 8, 2022. Lars B. Eller, President and Chief Executive Officer, stated, "For 125 years we have focused on generating stro
- Farmers & Merchants Bancorp, Inc. Announces Agreement to Acquire Peoples-Sidney Financial Corporation, Sidney, OhioARCHBOLD, Ohio, June 14, 2022 (GLOBE NEWSWIRE) -- Farmers & Merchants Bancorp, Inc. ("F&M", "FMAO", or the "Company") (NASDAQ:FMAO), the holding company for Farmers & Merchants State Bank, announced today that it has signed an agreement and plan of merger (the "Agreement") whereby F&M will acquire Peoples-Sidney Financial Corporation ("Peoples" or "PPSF") (OTC:PPSF) and its wholly owned subsidiary Peoples Federal Savings and Loan Association, in a stock and cash transaction. Peoples operates from its main office in Sidney, Ohio, two full-service branch offices located in Anna, Ohio and Jackson Center, Ohio, and a drive-through facility in Sidney. At March 31, 2022, PPSF reported $132.7 mil
- Farmers & Merchants Bancorp, Inc. Reports Record 2022 First Quarter Financial ResultsARCHBOLD, Ohio, April 20, 2022 (GLOBE NEWSWIRE) -- Farmers & Merchants Bancorp, Inc. (NASDAQ:FMAO) today reported financial results for the 2022 first quarter ended March 31, 2022. 2022 First Quarter Financial Highlights Include (on a year-over-year basis unless noted): Net income increased 65.0% to a quarterly record of $8.1 million, from $4.9 millionEarnings increased 40.9% to $0.62 per basic and diluted share, from $0.44 per basic and diluted shareAverage shares outstanding increased 16.7% as a result of the Perpetual Federal Savings Bank AcquisitionTotal loans increased 46.3% to a record $1.962 billion, and included $463,000 of PPP loansOrganic loan growth of 22.0%, excludin
- Farmers & Merchants Bancorp, Inc. Declares 2022 First-Quarter Cash DividendARCHBOLD, Ohio, March 22, 2022 (GLOBE NEWSWIRE) -- The Board of Directors of Farmers & Merchants Bancorp, Inc., (NASDAQ:FMAO) the holding company of The Farmers & Merchants State Bank, with assets of $2.638 billion at December 31, 2021, today announced that it has approved the Company's quarterly cash dividend of $0.19 per share, which is an 11.8% increase over the first quarter dividend of 2021. The first quarter dividend is payable on April 20, 2022, to shareholders of record as of April 1, 2022. About Farmers & Merchants Bancorp, IncThe Farmers & Merchants State Bank is a local independent community bank that has been serving Northwest Ohio and Northeast Indiana since 1897. The Farmers
- Farmers & Merchants Bancorp, Inc. Reports Record 2021 Fourth-Quarter and Full-Year Financial ResultsARCHBOLD, Ohio, Feb. 14, 2022 (GLOBE NEWSWIRE) -- Farmers & Merchants Bancorp, Inc. (NASDAQ:FMAO) today reported financial results for the 2021 fourth quarter and twelve months ended December 31, 2021. 2021 Fourth Quarter Financial Highlights Include (on a year-over-year basis unless noted): Net income increased 13.4% to a quarterly record of $7.7 million, or $0.59 per basic and diluted shareAverage shares outstanding increased 16.7% as a result of the Perpetual Federal Savings Bank AcquisitionAdjusted net income, excluding one-time tax adjusted acquisition expenses, increased 27.8% to $8.7 millionAdjusted earnings, excluding one-time tax adjusted acquisition expenses, increased 10.0% to
- Farmers & Merchants Bancorp, Inc. Raises the 2021 Fourth-Quarter Cash Dividend Payment by 11.8% Over the Same Quarter Last Year to $0.19 per shareARCHBOLD, Ohio, Dec. 17, 2021 (GLOBE NEWSWIRE) -- The Board of Directors of Farmers & Merchants Bancorp, Inc., (NASDAQ:FMAO) the holding company of The Farmers & Merchants State Bank, with total assets of $2.22 billion at September 30, 2021, today announced that it has approved an 11.8% year-over-year increase in the Company's quarterly cash dividend. The new cash dividend has been raised to $0.19 per share from the previous dividend of $0.18 and represents the second quarterly increase this year in the Company's regular dividend. The fourth quarter dividend is payable on January 20, 2022, to shareholders of record as of December 28, 2021. Lars B. Eller, President and Chief Executive O
- Farmers & Merchants Bancorp, Inc. Reports 2021 Third-Quarter and Year-to-Date Financial ResultsARCHBOLD, Ohio, Oct. 20, 2021 (GLOBE NEWSWIRE) -- Farmers & Merchants Bancorp, Inc. (NASDAQ:FMAO) today reported financial results for the 2021 third quarter and year-to-date September 30, 2021. 2021 Third Quarter Financial Highlights Include (compared to the 2020 third quarter period unless noted): Net income increased 34.2% to $5.9 millionEarnings increased 32.5% to $0.53 per basic and diluted shareAdjusted net income, excluding one-time tax adjusted acquisition expenses, increased 60.8% to $7.1 millionAdjusted earnings increased 57.5% to $0.63 per basic and diluted shareNet interest income, after provision for loan losses, increased by 36.5% to a quarterly record of $17.8 millionNet i
- Farmers & Merchants Bancorp, Inc. Raises the 2021 Third-Quarter Cash Dividend Payment by 5.9% to $0.18 per shareARCHBOLD, Ohio, Sept. 17, 2021 (GLOBE NEWSWIRE) -- The Board of Directors of Farmers & Merchants Bancorp, Inc., (NASDAQ:FMAO) the holding company of The Farmers & Merchants State Bank, with assets of $2.2 billion at June 30, 2021, today announced that it has approved a 5.9% increase in the Company's quarterly cash dividend. The new cash dividend has been raised to $0.18 per share from the previous dividend of $0.17 and represents the 27th consecutive annual increase in the Company's regular dividend payment since 1994. The third quarter dividend is payable on October 20, 2021, to shareholders of record as of September 28, 2021. Lars B. Eller, President and Chief Executive Officer stated:
- Farmers & Merchants Bancorp, Inc. Declares 2021 Second-Quarter Cash DividendARCHBOLD, Ohio, June 16, 2021 (GLOBE NEWSWIRE) -- The Board of Directors of Farmers & Merchants Bancorp, Inc., (NASDAQ:FMAO) the holding company of The Farmers & Merchants State Bank, with assets of $2.0 billion at March 31, 2021, today announced that it has approved the Company's quarterly cash dividend of $0.17 per share. The second quarter dividend is payable on July 20, 2021, to shareholders of record as of June 28, 2021. About Farmers & Merchants Bancorp, Inc.:The Farmers & Merchants State Bank is a local independent community bank that has been serving Northwest Ohio and Northeast Indiana since 1897. The Farmers & Merchants State Bank provides commercial banking, retail banking and
- Farmers & Merchants Bancorp, Inc. Reports Record 2021 First Quarter Financial ResultsARCHBOLD, Ohio, April 21, 2021 (GLOBE NEWSWIRE) -- Farmers & Merchants Bancorp, Inc. (NASDAQ:FMAO) today reported financial results for the 2021 first quarter ended March 31, 2021. 2021 First Quarter Financial Highlights Include (on a year-over-year basis unless noted): Net income increased 19.6% to $4.9 millionEarnings increased 18.9% to $0.44 per basic and diluted shareNet interest income after provision for loan losses increased by 5.7% to $13.3 million, which included a $0.3 million increase in the first quarter provision for loan lossesNoninterest income increased 59.9% to $5.0 millionFirst quarter after-tax income benefited from $0.5 million of accelerated fees
- Farmers & Merchants Bancorp, Inc. Declares 2021 First-Quarter Cash DividendARCHBOLD, Ohio, March 19, 2021 (GLOBE NEWSWIRE) -- The Board of Directors of Farmers & Merchants Bancorp, Inc., (Nasdaq: FMAO) the holding company of The Farmers & Merchants State Bank, with assets of $1.91 billion at December 31, 2020, today announced that it has approved the Company’s quarterly cash dividend of $0.17 per share, which is a 6.3% increase over the first quarter dividend of 2020. The first quarter dividend is payable on April 20, 2021, to shareholders of record as of March 31, 2021. About Farmers & Merchants Bancorp, Inc.: The Farmers & Merchants State Bank is a local independent community bank that has been serving Northwest Ohio and Northeast Indiana since 1897. The Far
- Farmers & Merchants Bancorp, Inc. Reports Record 2020 Fourth-Quarter and Full-Year Financial ResultsARCHBOLD, Ohio, Feb. 10, 2021 (GLOBE NEWSWIRE) -- Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO) today reported financial results for the 2020 fourth quarter and twelve months ended December 31, 2020. 2020 Fourth Quarter Financial Highlights Include (on a year-over-year basis unless noted): Net income increased 43.5% to a quarterly record of $6.8 millionEarnings increased 39.5% to a quarterly record of $0.60 per basic and diluted shareNet interest income after provision for loan losses increased 12.1% to $14.1 million, which included a $1.3 million increase in the provision for loan losses as a result of the COVID-19 crisisNoninterest income increased 88.5% to $5.6 million, primarily d
- Farmers & Merchants Bancorp, Inc. Declares 2020 Fourth-Quarter Cash DividendARCHBOLD, Ohio, Dec. 18, 2020 (GLOBE NEWSWIRE) -- The Board of Directors of Farmers & Merchants Bancorp, Inc., (Nasdaq: FMAO) the holding company of The Farmers & Merchants State Bank, with assets of $1.83 billion at September 30, 2020, today announced that it has approved the Company’s quarterly cash dividend of $0.17 per share. The fourth quarter dividend represents a 6.3% increase over the 2019 fourth quarter dividend and is payable on January 20, 2021, to shareholders of record as of December 29, 2020. About Farmers & Merchants Bancorp, IncThe Farmers & Merchants State Bank is a local independent community bank that has been serving Northwest Ohio and Northeast Indiana since 1897. T