FMAOFinancial Services · Banks - RegionalThe 3 Wall Street analysts covering Farmers & Merchants Bancorp, Inc. (Ohio) hold a median 12-month price target of $36 — +2.2% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 91 of 100 as at 11 Aug 2026 — among the strongest tenth. Here, the model and the Street point the same way.
Consensus tells you what everyone already believes. The model scores Farmers & Merchants Bancorp, Inc. (Ohio) on its factor families — the same systematic rank behind the Ticker Nerd portfolio.
Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested
Revisions (99): Analysts have, on balance, been raising their forecasts.
Accruals (29): A large share of reported profit has not shown up as cash, or the balance sheet is expanding quickly — both tend to unwind.
Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.
The bullish and bearish analyst opinions on FMAO, reported as data — targets and ratings, the market's view beside the model's.
Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.
The green dot is the last close — the median target sits +2.2% from it.
| Date | Firm | Action | Rating | Target |
|---|---|---|---|---|
| 29 July 2026 | Piper Sandler | Maintains | Neutral | $32 → $36 |
| 25 June 2026 | Piper Sandler | Maintains | Neutral | $29 → $32 |
| 25 June 2026 | Piper Sandler | Maintains | Neutral | — |
| 27 Apr 2026 | Piper Sandler | Maintains | Neutral | — |
| 2 Apr 2026 | Piper Sandler | Maintains | Neutral | — |
| 5 Aug 2024 | Piper Sandler | Maintains | Neutral | — |
| 12 June 2024 | Piper Sandler | Assumes | Neutral | $24 |
| 5 Apr 2024 | Hovde Group | Initiates | Market Perform | — |
| 1 Aug 2023 | Stephens & Co. | Reiterates | Equal-Weight | — |
| 28 July 2023 | Piper Sandler | Downgrade | Underweight | — |
| 9 Feb 2023 | Stephens & Co. | Maintains | Equal-Weight | — |
| 21 Dec 2022 | Janney Montgomery Scott | Initiates | Neutral | — |
| 24 Oct 2022 | Stephens & Co. | Maintains | Equal-Weight | — |
| 21 Oct 2022 | Piper Sandler | Upgrade | Neutral | — |
| 22 Apr 2022 | Piper Sandler | Downgrade | Underweight | — |
| 9 Oct 2020 | Stephens & Co. | Initiates | Equal-Weight | — |
| 29 Sept 2020 | Piper Sandler | Maintains | Neutral | — |
| 23 July 2020 | Piper Sandler | Maintains | Neutral | — |
| 2 Oct 2019 | Piper Sandler | Initiates | Hold | — |
| 2 Oct 2019 | Sandler O'Neill | Initiates | Hold | — |
Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.
Computed off the Friday close and sent before the US open.
Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. FMAO appears on the weeks it earns a place.
Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.
A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.
Cheaper than 51% of US stocks
Cheaper than 35% of US stocks
Cheaper than 66% of US stocks
Higher than 67% of US stocks
Higher than 76% of US stocks
Higher than 95% of US stocks
Higher than 90% of US stocks
Higher than 65% of US stocks
Higher than 51% of US stocks
Higher than 58% of US dividend payers
Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.
The nearest names by industry and size, scored by the same model — like for like.
| Company | Market cap | TKN rank |
|---|---|---|
| FMAOFarmers & Merchants Bancorp, Inc. (Ohio) | $473.4M | 91 |
| BSVNBank7 Corp. | $486.1M | 52 |
| PDLBPonce Financial Group, Inc. | $490.6M | 49 |
| CBKCommercial Bancgroup, Inc. | $474.9M | 25 |
| PBAMPrivate Bancorp of America, Inc. | $492.6M | 89 |
| WTBAWest Bancorporation, Inc. | $493.1M | 84 |
| FRBAFirst Bank (Hamilton, New Jersey) | $471.5M | 80 |
Look up any of the roughly 4,600 stocks we score.
The rank is the raw material. Whether the rules would actually own Farmers & Merchants Bancorp, Inc. (Ohio) — and when they’d sell — is the membership. See the Ticker Nerd 20 →
FMAO was included on Zacks Investment Research's Zacks Rank #1 (Strong Buy) income stocks list as of August 4th, 2026.
Why it matters — Inclusion on a Strong Buy income stocks list signals positive analyst recognition of FMAO's income-generating potential.
Farmers & Merchants Bancorp, Inc. (FMAO) announced its consolidated financial results for the second quarter and year-to-date period ended June 30, 2026.
Why it matters — This earnings release provides FMAO shareholders and analysts with the company's most recent financial performance metrics.
The 3 Wall Street analysts covering Farmers & Merchants Bancorp, Inc. (Ohio) have a median 12-month price target of $36, with estimates ranging from $36 to $36. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.
Of the 3 analysts covering Farmers & Merchants Bancorp, Inc. (Ohio), 0 rate it a Buy, 3 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks Farmers & Merchants Bancorp, Inc. (Ohio) 91 out of 100 across roughly 4,600 US stocks as at 11 Aug 2026. None of this is personal advice — it does not consider your circumstances.
As at 11 Aug 2026, Farmers & Merchants Bancorp, Inc. (Ohio) ranks 91 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Revisions (99 of 100).
No one can know that. What the data says: the median 12-month target from 3 analysts implies +2.2% from the last close, and Ticker Nerd's factor model ranks Farmers & Merchants Bancorp, Inc. (Ohio) 91 out of 100 as at 11 Aug 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.
No analyst covering Farmers & Merchants Bancorp, Inc. (Ohio) publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for FMAO are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $36 to $36 over the next 12 months.
Farmers & Merchants Bancorp, Inc. (Ohio) returned +41.4% over the 12 months to 12 Aug 2026, with dividends reinvested. Past performance does not indicate future returns.
Farmers & Merchants Bancorp Inc. is a community-focused financial institution based in the United States, providing a variety of banking services primarily in the Ohio and Indiana regions.
The most recent item we track (Zacks Investment Research, 4 Aug 2026): "Best Income Stocks to Buy for August 4th". FMAO was included on Zacks Investment Research's Zacks Rank #1 (Strong Buy) income stocks list as of August 4th, 2026.
Farmers & Merchants Bancorp Inc. is a community-focused financial institution based in the United States, providing a variety of banking services primarily in the Ohio and Indiana regions. The company's primary purpose is to offer personal and commercial banking solutions, including checking and savings accounts, loans, and mortgage services tailored to local businesses and residents. Notably, Farmers & Merchants Bancorp has established a reputation for its commitment to personalized customer service and community engagement, often working closely with local enterprises to foster regional economic growth. Operating as a bank holding company, Farmers & Merchants Bancorp positively impacts sectors such as agriculture, retail, and small to medium-sized businesses, offering them financial products that support operational and expansion needs. It plays a crucial role in the local financial market by acting as a financial intermediary, supporting local economies and providing accessible financial services. As a regional bank, Farmers & Merchants Bancorp Inc. continues to leverage its deep-rooted community connections to maintain and expand its banking operations, ensuring financial stability and continuity for its clientele.
CEO Mr. Lars B. Eller · 477 employees · United States · https://www.fm.bank