Rep. Robert E. Latta Acquires Shares of Farmers & Merchants Bancorp Inc. (NASDAQ:FMAO)

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 Stock Up 8.3%

NASDAQ FMAO traded up $2.58 during trading hours on Tuesday, reaching $33.77. 48,738 shares of the company traded hands, compared to its average volume of 63,540. Farmers & Merchants Bancorp Inc. has a 12 month low of $22.77 and a 12 month high of $33.42. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.58. The stock has a market capitalization of $465.08 million, a PE ratio of 12.94 and a beta of 0.81. The company has a 50 day moving average of $29.25 and a two-hundred day moving average of $27.41.

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

Farmers & Merchants Bancorp Announces Dividend

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

Insiders Place Their Bets

In related news, Director Andrew J. Briggs sold 3,000 shares of the company’s stock in a transaction that occurred on Friday, July 10th. The shares were sold at an average price of $29.52, for a total value of $88,560.00. Following the transaction, the director directly owned 129,550 shares in the company, valued at approximately $3,824,316. This represents a 2.26% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Over the last ninety days, insiders sold 66,825 shares of company stock worth $1,905,432. Company insiders own 7.30% of the company’s stock.

Institutional Investors Weigh In On Farmers & Merchants Bancorp

Several large investors have recently modified their holdings of the company. Versant Capital Management Inc raised its position in Farmers & Merchants Bancorp by 72.2% in the 2nd quarter. Versant Capital Management Inc now owns 813 shares of the financial services provider’s stock valued at $25,000 after buying an additional 341 shares during the last quarter. Segall Bryant & Hamill LLC purchased a new stake in shares of Farmers & Merchants Bancorp in the first quarter worth $1,319,000. Bank of America Corp DE lifted its holdings in shares of Farmers & Merchants Bancorp by 15.6% during the 1st 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 shares of Farmers & Merchants Bancorp during the first quarter worth $1,765,000. Finally, Quantinno Capital Management LP lifted its position in Farmers & Merchants Bancorp by 37.0% during the 1st quarter. Quantinno Capital Management LP now owns 38,041 shares of the financial services provider’s stock worth $977,000 after buying an additional 10,279 shares in the last quarter. 23.96% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

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

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.