Farmers & Merchants Bancorp PE ratio FMAO

Share price divided by earnings per share over the last twelve months, since 2014.

Today, Oct 23, 2026: 12.6×
10-year median: 14.0×
Against its 10-year history: 36th; percentile: 0 is its lowest day, 100 its highest
10-year range: 7.8× to 32.7×
Peer median: 11.5×

Farmers & Merchants Bancorp's PE ratio is 12.6× as of Oct 23, 2026: a share price of $36.54 against $2.91 of earnings per share over the last twelve months.

That is below its ten-year median of 14.0×, close to the middle of its last ten years.

Over that time it ranged from 7.8× in May 2023 to 32.7× in Jun 2018.

The median for 10 regional banks of a similar size is 11.5×.

PE ratio over time

median 14×

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	12.6×	10.1×	12.7×
2025	11.2×	10.3×	16.6×
2024	16.8×	11.6×	19.7×
2023	13.9×	7.8×	14.5×
2022	10.8×	10.8×	19.0×
2021	16.3×	11.5×	16.3×
2020	14.1×	11.4×	18.9×
2019	19.5×	15.4×	23.7×
2018	23.2×	22.3×	32.7×
2017	30.3×	14.5×	32.2×
2016	14.4×	11.8×	16.5×
2015	12.2×	11.7×	13.4×
2014	12.9×	12.8×	13.5×

Against its peers

Companies in Banks - Regional nearest Farmers & Merchants Bancorp's size, closest first, today.

Company	PE ratio
FMAOFarmers & Merchants Bancorp	12.6×
PDLBPonce Financial	14.7×
COFSChoiceone Financial Services	9.4×
OBTOrange County Bancorp	10.8×
WTBAWest Bancorporation	13.6×
HBCPHome Bancorp	10.3×
NRIMNorthrim Bancorp	7.8×
NPBNorthpointe Bancshares	6.7×
BWFGBankwell Financial	12.6×
BSRRSierra Bancorp	12.2×
BSVNBank7	13.4×
Peer median	11.5×

What the PE ratio tells you

Share price divided by earnings per share over the last twelve months. It is the price tag on a dollar of profit: 20× means you pay $20 for $1 of yearly earnings.

Blank while earnings are negative. A very low PE can mean the market expects profits to fall, so read it with growth and the company's own history.

More on Farmers & Merchants Bancorp

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.