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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 September - Earnings Summary

* Farmers & Merchants Bancorp Inc  FMAO.OQ  reported quarterly
adjusted earnings of 53 cents​​ per share for the quarter ended
in September. The mean expectation of three analysts for the
quarter was for earnings of 55 cents per share.
* Revenue rose 22.8% to $18.45 million from a year ago; 
analysts expected $16.58 million. 
* Farmers & Merchants Bancorp Inc's reported EPS for the quarter
was 53 cents​.
* The mean earnings estimate of analysts had risen by
about 15.5% in the last three months.​ 
* In the last 30 days one analyst negatively revised an earnings
estimate 
* Farmers & Merchants Bancorp Inc shares had risen by 8.0% this
quarter and gained 5.2% so far this year.
* The company reported quarterly net income of $5.92 million.
* Wall Street's median 12-month price target for Farmers &
Merchants Bancorp Inc is $23.75 
* 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 October 21 at 03:58 p.m.
 ​All figures in US dollars unless otherwise stated

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