Farmers & Merchants Bancorp (NASDAQ:FMAO) Stock Acquired Rep. Robert E. Latta

Representative Robert E. Latta (Republican-Ohio) recently bought shares of Farmers & Merchants Bancorp Inc. (NASDAQ:FMAO). In a filing disclosed on July 24th, the Representative disclosed that they had bought between $1,001 and $15,000 in Farmers & Merchants Bancorp stock on July 20th.

Representative Robert E. Latta also recently made the following trade(s):

• Purchased $15,001 – $50,000 in shares of Farmers & Merchants Bancorp (NASDAQ:FMAO) on 6/4/2026.

Farmers & Merchants Bancorp Price Performance

FMAO stock traded up $3.21 during midday trading on Tuesday, hitting $34.41. The company’s stock had a trading volume of 92,382 shares, compared to its average volume of 63,917. The company has a 50 day moving average of $29.25 and a two-hundred day moving average of $27.41. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.58. Farmers & Merchants Bancorp Inc. has a 12 month low of $22.77 and a 12 month high of $34.74. The firm has a market capitalization of $473.89 million, a price-to-earnings ratio of 13.23 and a beta of 0.81.

Farmers & Merchants Bancorp (NASDAQ:FMAO) last issued its quarterly earnings results on Monday, July 27th. The financial services provider reported $0.86 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.67 by $0.19. Farmers & Merchants Bancorp had a return on equity of 9.85% and a net margin of 18.54%.The business had revenue of $34.35 million for the quarter, compared to the consensus estimate of $33.05 million. On average, analysts expect that Farmers & Merchants Bancorp Inc. will post 2.83 EPS for the current year.

Farmers & Merchants Bancorp Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, July 20th. Shareholders of record on Friday, July 10th were given a $0.23 dividend. The ex-dividend date was Friday, July 10th. This represents a $0.92 dividend on an annualized basis and a yield of 2.7%. Farmers & Merchants Bancorp’s dividend payout ratio is presently 35.25%.

Institutional Trading of Farmers & Merchants Bancorp

Several large investors have recently bought and sold shares of FMAO. Versant Capital Management Inc boosted its holdings in shares of Farmers & Merchants Bancorp by 72.2% during the second quarter. Versant Capital Management Inc now owns 813 shares of the financial services provider’s stock worth $25,000 after purchasing an additional 341 shares during the last quarter. Segall Bryant & Hamill LLC acquired a new position in shares of Farmers & Merchants Bancorp during the 1st quarter valued at $1,319,000. Bank of America Corp DE lifted its holdings in shares of Farmers & Merchants Bancorp by 15.6% in the first quarter. Bank of America Corp DE now owns 17,246 shares of the financial services provider’s stock valued at $443,000 after buying an additional 2,326 shares during the period. Rhino Investment Partners Inc bought a new position in Farmers & Merchants Bancorp during the first quarter valued at about $1,765,000. Finally, Quantinno Capital Management LP grew its holdings in Farmers & Merchants Bancorp by 37.0% during the first quarter. Quantinno Capital Management LP now owns 38,041 shares of the financial services provider’s stock worth $977,000 after acquiring an additional 10,279 shares during the period. Institutional investors and hedge funds own 23.96% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently issued reports on the stock. Piper Sandler reiterated a “neutral” rating and issued a $32.00 target price (up from $28.50) on shares of Farmers & Merchants Bancorp in a research note on Thursday, June 25th. Hovde Group dropped their price target on shares of Farmers & Merchants Bancorp from $30.00 to $28.50 and set a “market perform” rating on the stock in a research report on Friday, April 24th. Finally, Weiss Ratings raised shares of Farmers & Merchants Bancorp from a “buy (b-)” rating to a “buy (b)” rating in a report on Thursday, June 18th. One research analyst has rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $30.25.

Insiders Place Their Bets

In related news, Director Andrew J. Briggs sold 3,000 shares of the firm’s stock in a transaction that occurred on Monday, July 20th. The shares were sold at an average price of $30.47, for a total transaction of $91,410.00. Following the completion of the sale, the director directly owned 111,550 shares in the company, valued at approximately $3,398,928.50. This trade represents a 2.62% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Over the last three months, insiders have sold 69,825 shares of company stock valued at $1,996,842. 7.30% of the stock is currently owned by corporate insiders.

About Representative Latta

Bob Latta (Republican Party) is a member of the U.S. House, representing Ohio’s 5th Congressional District. He assumed office on January 3, 2007. His current term ends on January 3, 2027.

Latta (Republican Party) ran for re-election to the U.S. House to represent Ohio’s 5th Congressional District. He won in the general election on November 5, 2024.

About Farmers & Merchants Bancorp

Farmers & Merchants Bancorp (NASDAQ:FMAO) is the bank holding company for Farmers & Merchants Bank of Central California, a community-focused institution headquartered in Los Banos, California. The bank traces its roots to 1916 and has grown to serve individuals, businesses and agricultural enterprises throughout the western San Joaquin Valley. Operating with a commitment to local decision-making, the company emphasizes personalized service and close ties to the communities in which it operates.

Through its banking subsidiary, Farmers & Merchants offers a comprehensive suite of financial products and services, including checking and savings accounts, certificates of deposit, online and mobile banking platforms, and merchant services.