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FMAO — Farmers & Merchants Bancorp News Story

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Farmers & Merchants Bancorp Inc reports results for the quarter ended in March - Earnings Summary

* Farmers & Merchants Bancorp Inc  FMAO.OQ  reported quarterly
adjusted earnings of 42 cents​​ per share for the quarter ended
in March. The mean expectation of three analysts for the quarter
was for earnings of 45 cents per share.
* Revenue rose 7% to $15.04 million from a year ago​;  analysts
expected $15.33 million.
* Farmers & Merchants Bancorp Inc's reported EPS for the quarter
was 44 cents​.
* The mean earnings estimate of analysts had fallen by
about 3.5% in the last three months.​ 
* In the last 30 days one analyst negatively revised an earnings
estimate and  
* Farmers & Merchants Bancorp Inc shares had fallen by 7.1% this
quarter and gained 1.5% so far this year.
* The company reported quarterly net income of $4.91 million.
* Wall Street's median 12-month price target for Farmers &
Merchants Bancorp Inc is $26.00 
* The current average analyst rating on the shares is "hold" and
the breakdown of recommendations is no "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 
This summary was machine generated April 21 at 08:57 p.m. GMT.
​All figures in US Dollars.​

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