Farmers & Merchants Bancorp, Inc. Declares 2026 First-Quarter Cash Dividend

Rhea-AI Summary

Farmers & Merchants Bancorp (Nasdaq: FMAO) declared a 2026 first-quarter cash dividend of $0.23 per share, a 4.0% year-over-year increase. The company reported $3.43 billion in total assets at December 31, 2025. The dividend is payable April 20, 2026, to shareholders of record April 3, 2026.

Positive

• Dividend increased 4.0% YoY to $0.23 per share
• Dividend payment date set for April 20, 2026, providing clarity for income investors
• Total assets reported at $3.43 billion as of December 31, 2025

Negative

• Modest raise of 4.0% may be below income-seeking investors' expectations

News Market Reaction – FMAO

+0.72%

+0.72% Session close to close

In the Mar 25 session, FMAO gained 0.72%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

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Regular quarterly dividend increased 4.0% year-over-year, to $0.23 per share

ARCHBOLD, Ohio, March 24, 2026 (GLOBE NEWSWIRE) -- The Board of Directors of Farmers & Merchants Bancorp, Inc., (Nasdaq: FMAO) the holding company of F&M Bank, with total assets of $3.43 billion at December 31, 2025, today announced that it has approved the Company’s quarterly cash dividend of $0.23 per share, a 4.0% year-over-year increase. The first-quarter dividend is payable on April 20, 2026, to shareholders of record as of April 3, 2026.

About Farmers & Merchants State Bank:
F&M Bank is a local independent community bank that has been serving its communities since 1897. F&M Bank provides commercial banking, retail banking and other financial services. Our locations are in Butler, Champaign, Fulton, Defiance, Hancock, Henry, Lucas, Shelby, Williams, and Wood counties in Ohio. In Northeast Indiana, we have offices located in Adams, Allen, DeKalb, Jay, Steuben and Wells counties. The Michigan footprint includes Oakland County, and we have Loan Production Offices in Muncie, Indiana; and Perrysburg and Bryan, Ohio.

Safe Harbor statement
Farmers & Merchants Bancorp, Inc. (“F&M”) wishes to take advantage of the Safe Harbor provisions included in the Private Securities Litigation Reform Act of 1995. Statements by F&M, including management’s expectations and comments, may not be based on historical facts and are “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are typically identified by words such as “believe,” “expect,” “anticipate,” “intend,” “plan,” “seek,” “estimate,” “project,” “target,” “goal,” “will,” “would,” and similar expressions. Actual results could vary materially depending on risks and uncertainties inherent in general and local banking conditions, competitive factors specific to markets in which F&M and its subsidiaries operate, future interest rate levels, legislative and regulatory decisions, capital market conditions, deposit flows and pricing, liquidity and access to wholesale funding, interest rate and asset-liability management, credit quality (including commercial real estate exposures), collateral values, inflation and macroeconomic conditions, changes in laws and regulations (including capital and liquidity requirements and the implementation of “Basel III Endgame”), FDIC assessments, stress testing and supervisory expectations, cybersecurity and third-party/vendor risks, competition and technological change, geopolitical events, severe weather and natural disasters, agricultural sector conditions, the accuracy of CECL estimates and other accounting judgments, capital and dividend restrictions, and other risks described in F&M’s filings with the SEC. F&M undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. For more details, please refer to F&M’s SEC filing, including its most recent Annual Report on Form 10-K and quarterly reports on Form 10-Q. Such filings can be viewed at the SEC’s website, www.sec.gov or through F&M’s website www.fm.bank.

Company Contact:	Investor and Media Contact:
Lars B. Eller President and Chief Executive Officer Farmers & Merchants Bancorp, Inc. (419) 446-2501 leller@fm.bank	Andrew M. Berger Managing Director SM Berger & Company, Inc. (216) 464-6400 andrew@smberger.com

FAQ

What dividend did Farmers & Merchants Bancorp (FMAO) declare for Q1 2026?

The Q1 2026 dividend is $0.23 per share, reflecting a 4.0% year-over-year increase. According to Farmers & Merchants Bancorp, the board approved the regular quarterly cash dividend at this rate for the first quarter of 2026.

When is the FMAO Q1 2026 dividend payable and who is eligible?

The dividend is payable on April 20, 2026 to shareholders of record as of April 3, 2026. According to Farmers & Merchants Bancorp, holders on the April 3 record date will receive the April 20 payment.

How much did Farmers & Merchants Bancorp report in total assets at year-end 2025?

The company reported $3.43 billion in total assets as of December 31, 2025. According to Farmers & Merchants Bancorp, that figure represents the firm's reported consolidated assets at year-end 2025.

What does the 4.0% dividend increase mean for FMAO shareholders?

A 4.0% increase raises the quarterly cash payout to $0.23 per share, modestly boosting income for shareholders. According to Farmers & Merchants Bancorp, the raise reflects the board's approval but may be considered conservative by some income investors.

Who announced the FMAO dividend and where is the company based?

The board of directors of Farmers & Merchants Bancorp announced the dividend; the company is based in Archbold, Ohio. According to Farmers & Merchants Bancorp, the declaration was made on March 24, 2026.