Farmers Financial Statements From 2010 to 2024

FMAO Stock  USD 33.52  0.48  1.45%   
Farmers Merchants financial statements provide useful quarterly and yearly information to potential Farmers Merchants Bancorp investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Farmers Merchants financial statements helps investors assess Farmers Merchants' valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Farmers Merchants' valuation are summarized below:
Gross Profit
97.7 M
Profit Margin
0.2357
Market Capitalization
459.2 M
Enterprise Value Revenue
7.7725
Revenue
98 M
We have found one hundred twenty available fundamental signals for Farmers Merchants Bancorp, which can be analyzed and compared to other ratios and to its rivals. Self-guided Investors are advised to verify Farmers Merchants' prevailing fundamentals against the trend between 2010 and 2024 to make sure the company can sustain itself down the road. As of the 30th of November 2024, Market Cap is likely to grow to about 351.4 M. Also, Enterprise Value is likely to grow to about 516 M

Farmers Merchants Total Revenue

100.48 Million

Check Farmers Merchants financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Farmers Merchants' main balance sheet or income statement drivers, such as Depreciation And Amortization of 6.1 M, Interest Expense of 61.3 M or Selling General Administrative of 49.4 M, as well as many indicators such as Price To Sales Ratio of 5.15, Dividend Yield of 0.0387 or PTB Ratio of 0.98. Farmers financial statements analysis is a perfect complement when working with Farmers Merchants Valuation or Volatility modules.
  
Check out the analysis of Farmers Merchants Correlation against competitors.

Farmers Merchants Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets3.4 B3.3 B1.6 B
Slightly volatile
Short and Long Term Debt Total315.5 M300.5 M77.7 M
Slightly volatile
Total Stockholder Equity332.4 M316.5 M184.3 M
Slightly volatile
Property Plant And Equipment Net20.8 M35.8 M22.5 M
Slightly volatile
Retained Earnings114.7 M221.1 M137.3 M
Slightly volatile
Cash150.8 M143.7 M64.3 M
Slightly volatile
Non Current Assets Total634.5 M503.4 M753.4 M
Slightly volatile
Cash And Short Term Investments524.4 M499.4 M319.5 M
Slightly volatile
Common Stock Shares Outstanding9.9 M13.5 M10 M
Slightly volatile
Liabilities And Stockholders Equity3.4 B3.3 B1.6 B
Slightly volatile
Non Current Liabilities Total3.1 BB1.1 B
Slightly volatile
Total Liabilities3.1 BB1.1 B
Slightly volatile
Property Plant And Equipment Gross82 M78.1 M31.6 M
Slightly volatile
Total Current Assets211.7 M142.2 M295.3 M
Pretty Stable
Short Term Debt54.1 M29.1 M51.8 M
Pretty Stable
Common Stock142.3 M135.5 M53.1 M
Slightly volatile
Accounts Payable24.1 M25.4 M570.2 M
Very volatile
Other Current Assets231.2 M155.1 M228.1 M
Slightly volatile
Good Will104.3 M99.3 M33.4 M
Slightly volatile
Short Term Investments306.4 M358.5 M284.6 M
Slightly volatile
Other Liabilities1.1 M1.1 M3.2 M
Slightly volatile
Inventory135.9 K143.1 K1.5 M
Slightly volatile
Intangible Assets3.3 M5.6 MM
Pretty Stable
Property Plant Equipment24.5 M32.6 M23.1 M
Slightly volatile
Other Current Liabilities868.1 M1.3 B791.9 M
Slightly volatile
Net Tangible Assets168.4 M243.5 M150.4 M
Slightly volatile
Long Term Investments410.7 M375.6 M582.9 M
Slightly volatile
Non Current Liabilities Other219.4 M208.9 M91 M
Slightly volatile
Short and Long Term Debt15.9 M15.3 M28.4 M
Slightly volatile
Earning Assets186.6 M227.7 M239.3 M
Slightly volatile
Net Invested Capital393.1 M617 M251.1 M
Slightly volatile
Capital Stock104.1 M135.5 M50.6 M
Slightly volatile
Long Term Debt Total47.6 M40.1 M68.4 M
Slightly volatile

Farmers Merchants Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization6.1 M5.8 M2.3 M
Slightly volatile
Interest Expense61.3 M58.4 M15.1 M
Slightly volatile
Selling General Administrative49.4 M47.1 M27.3 M
Slightly volatile
Total Revenue100.5 M95.7 M57.3 M
Slightly volatile
Gross Profit100.5 M95.7 M57.3 M
Slightly volatile
Operating Income22.1 M28.4 M25.4 M
Slightly volatile
EBIT21.6 M28.4 M24.5 M
Slightly volatile
EBITDA23.1 M34.1 M26.5 M
Slightly volatile
Income Before Tax18.3 M28.4 M19.6 M
Slightly volatile
Net Income13.5 M22.8 M15 M
Slightly volatile
Income Tax Expense4.8 M5.6 M4.6 M
Slightly volatile
Net Income Applicable To Common Shares39.3 M37.4 M17.6 M
Slightly volatile
Net Income From Continuing Ops18.7 M24.4 M15.5 M
Slightly volatile
Tax Provision5.5 M5.9 M4.7 M
Slightly volatile
Net Interest Income57.3 M83.4 M46.5 M
Slightly volatile
Interest Income70.2 M130.4 M56.1 M
Slightly volatile
Selling And Marketing Expenses1.5 M2.6 M1.1 M
Slightly volatile
Reconciled Depreciation3.1 M5.5 M2.5 M
Pretty Stable

Farmers Merchants Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Free Cash Flow15.1 M11.2 M17.5 M
Slightly volatile
Begin Period Cash Flow53.4 M84.4 M58.1 M
Slightly volatile
Depreciation5.4 M5.2 M3.1 M
Slightly volatile
Capital Expenditures11.5 M10.9 M3.4 M
Slightly volatile
Total Cash From Operating Activities17.5 M22.1 M20.3 M
Slightly volatile
Net Income13.5 M22.5 M15 M
Slightly volatile
End Period Cash Flow149.3 M142.2 M71.8 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio5.153.49684.5187
Very volatile
Dividend Yield0.03870.03390.0297
Slightly volatile
PTB Ratio0.981.05711.2734
Pretty Stable
Days Sales Outstanding39.2641.3382.2398
Slightly volatile
Book Value Per Share25.9523.4648.3528
Slightly volatile
Free Cash Flow Yield0.03180.03350.094
Slightly volatile
Operating Cash Flow Per Share1.411.64131.9857
Pretty Stable
Average Payables1.5 M1.7 M1.9 M
Slightly volatile
Capex To Depreciation2.222.11681.0539
Slightly volatile
PB Ratio0.981.05711.2734
Pretty Stable
EV To Sales5.85.13544.7521
Pretty Stable
Free Cash Flow Per Share1.220.83131.7147
Very volatile
ROIC0.03510.03690.0995
Slightly volatile
Net Income Per Share1.11.68881.4465
Slightly volatile
Sales General And Administrative To Revenue0.750.49170.5904
Slightly volatile
Capex To Revenue0.07940.11420.0647
Pretty Stable
Cash Per Share39.0837.214732.1638
Slightly volatile
POCF Ratio15.8715.109911.5539
Slightly volatile
Interest Coverage0.460.48543.1995
Slightly volatile
Payout Ratio0.450.49740.3797
Very volatile
Capex To Operating Cash Flow0.520.49350.174
Slightly volatile
PFCF Ratio31.3229.831915.1122
Slightly volatile
Income Quality1.510.98261.4387
Slightly volatile
ROE0.10.0720.0892
Very volatile
EV To Operating Cash Flow23.322.1911.8891
Slightly volatile
PE Ratio10.6814.684914.2869
Pretty Stable
Return On Tangible Assets0.01170.00710.0106
Very volatile
EV To Free Cash Flow46.043.810216.2931
Slightly volatile
Earnings Yield0.09470.06810.0779
Slightly volatile
Intangibles To Total Assets0.02940.0280.0154
Slightly volatile
Current Ratio0.370.394.7142
Slightly volatile
Tangible Book Value Per Share24.8216.641145.9168
Slightly volatile
Receivables Turnover9.69.149.4596
Slightly volatile
Graham Number16.8829.85723.0554
Slightly volatile
Shareholders Equity Per Share24.6323.4617.2707
Slightly volatile
Debt To Equity1.00.94920.2907
Slightly volatile
Capex Per Share0.850.810.315
Slightly volatile
Revenue Per Share7.457.09215.2969
Slightly volatile
Interest Debt Per Share27.9326.59647.2245
Slightly volatile
Debt To Assets0.09610.09150.0304
Slightly volatile
Enterprise Value Over EBITDA7.398.919.4064
Very volatile
Short Term Coverage Ratios0.510.530.8513
Slightly volatile
Price Earnings Ratio10.6814.684914.2869
Pretty Stable
Price Book Value Ratio0.981.05711.2734
Pretty Stable
Dividend Payout Ratio0.450.49740.3797
Very volatile
Price To Operating Cash Flows Ratio15.8715.109911.5539
Slightly volatile
Price To Free Cash Flows Ratio31.3229.831915.1122
Slightly volatile
Pretax Profit Margin0.280.29630.4344
Slightly volatile
Ebt Per Ebit0.440.620.6618
Very volatile
Operating Profit Margin0.280.29630.6846
Slightly volatile
Effective Tax Rate0.30.19630.2501
Slightly volatile
Company Equity Multiplier9.8310.37218.7059
Pretty Stable
Long Term Debt To Capitalization0.250.4870.1659
Slightly volatile
Total Debt To Capitalization0.260.4870.1673
Slightly volatile
Return On Capital Employed0.00820.00860.0272
Pretty Stable
Debt Equity Ratio1.00.94920.2907
Slightly volatile
Ebit Per Revenue0.280.29630.6846
Slightly volatile
Quick Ratio0.370.394.7142
Slightly volatile
Dividend Paid And Capex Coverage Ratio1.950.99472.582
Slightly volatile
Net Income Per E B T0.580.80370.7419
Pretty Stable
Cash Ratio0.06770.07131.7009
Slightly volatile
Operating Cash Flow Sales Ratio0.220.23140.454
Slightly volatile
Days Of Sales Outstanding39.2641.3382.2398
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.970.50650.8586
Pretty Stable
Cash Flow Coverage Ratios0.070.07371.4048
Slightly volatile
Price To Book Ratio0.981.05711.2734
Pretty Stable
Fixed Asset Turnover1.612.67372.2229
Slightly volatile
Capital Expenditure Coverage Ratio1.932.02648.6545
Pretty Stable
Price Cash Flow Ratio15.8715.109911.5539
Slightly volatile
Enterprise Value Multiple7.398.919.4064
Very volatile
Debt Ratio0.09610.09150.0304
Slightly volatile
Cash Flow To Debt Ratio0.070.07371.4048
Slightly volatile
Price Sales Ratio5.153.49684.5187
Very volatile
Return On Assets0.01160.00690.0104
Very volatile
Asset Turnover0.02770.02910.036
Very volatile
Net Profit Margin0.460.23810.3362
Pretty Stable
Price Fair Value0.981.05711.2734
Pretty Stable
Return On Equity0.10.0720.0892
Very volatile

Farmers Merchants Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap351.4 M334.6 M256.1 M
Slightly volatile
Enterprise Value516 M491.4 M268.5 M
Slightly volatile

Farmers Fundamental Market Drivers

Forward Price Earnings17.8571
Cash And Short Term Investments499.4 M

Farmers Upcoming Events

14th of February 2024
Upcoming Quarterly Report
View
17th of April 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
14th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Farmers Merchants Financial Statements

Farmers Merchants investors utilize fundamental indicators, such as revenue or net income, to predict how Farmers Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Total Revenue95.7 M100.5 M
Stock Based Compensation To Revenue 0.02  0.01 
Sales General And Administrative To Revenue 0.49  0.75 
Capex To Revenue 0.11  0.08 
Revenue Per Share 7.09  7.45 
Ebit Per Revenue 0.30  0.28 

Pair Trading with Farmers Merchants

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Farmers Merchants position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Farmers Merchants will appreciate offsetting losses from the drop in the long position's value.

Moving together with Farmers Stock

  0.96AX Axos FinancialPairCorr
  0.96BY Byline Bancorp Fiscal Year End 23rd of January 2025 PairCorr

Moving against Farmers Stock

  0.59CFG-PE Citizens FinancialPairCorr
  0.55TFC-PO Truist FinancialPairCorr
  0.53TFC-PR Truist FinancialPairCorr
  0.33WF Woori Financial GroupPairCorr
The ability to find closely correlated positions to Farmers Merchants could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Farmers Merchants when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Farmers Merchants - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Farmers Merchants Bancorp to buy it.
The correlation of Farmers Merchants is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Farmers Merchants moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Farmers Merchants Bancorp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Farmers Merchants can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Farmers Merchants Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Farmers Merchants' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Farmers Merchants Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Farmers Merchants Bancorp Stock:
Check out the analysis of Farmers Merchants Correlation against competitors.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Farmers Merchants. If investors know Farmers will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Farmers Merchants listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.36
Dividend Share
0.881
Earnings Share
1.69
Revenue Per Share
7.25
Quarterly Revenue Growth
0.113
The market value of Farmers Merchants Bancorp is measured differently than its book value, which is the value of Farmers that is recorded on the company's balance sheet. Investors also form their own opinion of Farmers Merchants' value that differs from its market value or its book value, called intrinsic value, which is Farmers Merchants' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Farmers Merchants' market value can be influenced by many factors that don't directly affect Farmers Merchants' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Farmers Merchants' value and its price as these two are different measures arrived at by different means. Investors typically determine if Farmers Merchants is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Farmers Merchants' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.