Stock Data
$0.25 (0.81%)
Asset Type
Common Stock
Exchange
NASDAQ
Currency
USD
Country
USA
Sector
FINANCIAL SERVICES
Industry
BANKS - REGIONAL
Farmers & Merchants Bancorp Inc, based in Archbold, Ohio since 1897, serves Northwest Ohio and Northeast Indiana with a broad range of banking services. Catering to individuals and small businesses, it offers everything from checking and savings accounts to more specialized services like retirement and health savings account custodianship. Beyond traditional banking, it provides loans for agriculture, real estate, and personal needs, including vehicles and home improvements. The company also embraces modern banking conveniences with online and mobile banking, bill pay, and electronic deposit services, ensuring customers have access to their finances wherever they are.
Farmers & Merchants Bancorp posted its most profitable quarter in 129 years, beating EPS by 27% as net interest margins expanded 26 basis points and the bank raised its dividend for the 31st consecutive year. Return on average assets hit 1.34%, the best result in 23 quarters.
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