Farmers & Merchants Bancorp, Inc. is projected to rise to $40.55 by 2027, a +36% move from its current price of $29.82. FMAO is currently trading above its 50-day average (a bullish sign). Technical indicators currently lean strong buy.
A data-driven summary — not financial advice. See the full breakdown below.
Live market data via Yahoo Finance · updated 7/12/2026
| Period | Min | Prediction | Max | Change |
|---|---|---|---|---|
| Jul 13 | $29.42 | $29.82 | $30.22 | -0.01% |
| Jul 14 | $29.25 | $29.81 | $30.38 | -0.03% |
| Jul 15 | $29.13 | $29.81 | $30.51 | -0.04% |
| Jul 16 | $29.02 | $29.80 | $30.61 | -0.05% |
| Jul 17 | $28.92 | $29.80 | $30.71 | -0.06% |
| Jul 18 | $28.84 | $29.80 | $30.79 | -0.08% |
| Jul 19 | $28.76 | $29.79 | $30.87 | -0.09% |
| Period | Min | Prediction | Max | Change |
|---|---|---|---|---|
| Week 1 | $28.76 | $29.79 | $30.87 | -0.09% |
| Week 2 | $28.31 | $29.77 | $31.29 | -0.18% |
| Week 3 | $27.97 | $29.74 | $31.62 | -0.27% |
| Week 4 | $27.68 | $29.71 | $31.89 | -0.36% |
| Week 5 | $27.43 | $29.69 | $32.13 | -0.45% |
| Week 6 | $27.20 | $29.66 | $32.35 | -0.54% |
| Week 7 | $26.98 | $29.63 | $32.54 | -0.63% |
Short-term targets derived from the forecast trend and recent volatility. Highly uncertain — not financial advice.
Farmers & Merchants Bancorp, Inc. operates as the bank holding company for The Farmers & Merchants State Bank that provides commercial banking services to individuals and small businesses in Northwest Ohio, Northeast Indiana, and Southeast Michigan. The company offers checking, savings, and time deposit accounts; certificates of deposit; and custodial services for individual retirement and health savings accounts.
It also provides commercial, agricultural, and residential mortgage, as well as consumer lending products; loans for farmland, farm equipment, and livestock; operating loans for seeds, fertilizers, and feeds; home improvement loans; and loans for autos, trucks, recreational vehicles, and motorcycles. In addition, the company offers commercial real estate loans, such as lines of credit and machinery purchase loans. Further, it provides automated teller machine or interactive teller machine services; and online and mobile banking, bill-pay, on-line statement opportunities, and remote deposit capture or electronic deposit processing.
Additionally, the company offers electronic transaction origination, such as wire and automated clearing house file transmittal services. Farmers & Merchants Bancorp, Inc. was founded in 1897 and is headquartered in Archbold, Ohio.
Farmers & Merchants Bancorp, Inc. (FMAO) is a financial services company operating as the bank holding company for The Farmers & Merchants State Bank. The current price is $31.45 per share, and the market capitalization is $433.01M, with a ranking of 3190.
The stock trades in a market consistent with a regional bank focused on commercial, agricultural, and consumer lending across its service areas.
A major floor 18.6% below — a decisive break under it would weaken the trend.
The nearest floor, 9.0% below — buyers have tended to step in here.
The nearest ceiling, 5.5% above — a clean break opens room to run.
A major ceiling 13.3% above — clearing it would confirm fresh momentum.
Key FMAO support and resistance from recent price action — levels where the trend has historically paused or reversed. Percentages are the distance from the current price.
A snapshot of FMAO market posture derived from its technical indicators and recent volatility. Higher trend and alignment lean bullish; higher risk means larger swings.
Technical Analysis
Indicators computed on daily closing prices.
| Period | SMA | Action | EMA | Action |
|---|---|---|---|---|
| MA 5 | $30.08 | Sell | $30.02 | Sell |
| MA 10 | $30.41 | Sell | $30.05 | Sell |
| MA 20 | $29.66 | Buy | $29.67 | Buy |
| MA 50 | $28.34 | Buy | $28.65 | Buy |
| MA 100 | $27.26 | Buy | $27.73 | Buy |
| MA 200 | $26.33 | Buy | $26.88 | Buy |
| Name | Value | Action |
|---|---|---|
| RSI (14) | 54.24 | Neutral |
| Stoch RSI (14) | 10.10 | Buy |
| CCI (20) | 13.13 | Neutral |
| Williams %R (14) | -58.42 | Info |
| MACD (12,26,9) | -0.10 | Sell |
| ROC (12) | 2.02 | Buy |
| Bollinger %B (20,2) | 0.54 | Neutral |
| Stochastic %K (14) | 41.58 | Neutral |
| TRIX (15) | 0.35 | Buy |
| Awesome (5,34) | 1.14 | Buy |
| Ultimate (7,14,28) | 47.77 | Neutral |
| Momentum (10) | -0.11 | Sell |
| Aroon Osc (25) | 76.00 | Buy |
| Hull MA (9) | 29.57 | Buy |
| ADX (14) | 22.18 | Buy |
| ATR (14) | 0.40 | Info |
The near-term technical picture is bullish, with sentiment labeled as BULLISH and an RSI14 of 80. The stock is trading above both the SMA50 of $27.95 and the SMA200 of $26.20, indicating positive momentum. Near-term support sits at $27.14 and resistance at $31.45, with a 30-day price range from $28.94 to $34.17.
| Year | Min | Avg | Max | ROI | Sentiment |
|---|---|---|---|---|---|
| $24.05 | $29.82 | $38.13 | 0% | Neutral | |
| $33.22 | $40.55 | $51.77 | +36% | Bullish | |
| $39.76 | $49.46 | $64.85 | +66% | Bullish | |
| $42.35 | $53.49 | $71.62 | +79% | Bullish | |
| $46.82 | $59.94 | $81.70 | +101% | Bullish | |
| $50.12 | $64.95 | $89.93 | +118% | Bullish | |
| $54.06 | $70.84 | $99.48 | +138% | Bullish | |
| $62.75 | $83.10 | $118.22 | +179% | Bullish | |
| $73.81 | $98.72 | $142.11 | +231% | Bullish | |
| $82.10 | $110.84 | $161.34 | +272% | Bullish | |
| $123.01 | $173.21 | $264.21 | +481% | Bullish | |
| $198.08 | $299.15 | $489.14 | +903% | Bullish |
Current year — the forecast is anchored to the live price, so ROI shows 0%.
| Month | Min | Avg | Max | Change |
|---|---|---|---|---|
| July 2026 | $24.05 | $29.82 | $35.80 | +0.00% |
| August 2026 | $25.81 | $30.22 | $36.13 | +1.32% |
| September 2026 | $25.06 | $29.47 | $35.52 | -2.46% |
| October 2026 | $25.28 | $29.86 | $36.22 | +1.31% |
| November 2026 | $26.09 | $30.92 | $37.71 | +3.55% |
| December 2026 | $26.16 | $31.10 | $38.13 | +0.60% |
Click any year to see its month-by-month FMAO forecast. Min / Avg / Max are a bear / base / bull scenario; ROI is the projected move from the current price. Change is the month-over-month move in the average. Estimates, not guarantees.
In 2026, FMAO is projected to trade between $24.05 and $38.13, averaging $29.82 — a potential gain of 0% from today's $29.82. Price action looks broadly range-bound.
Farmers & Merchants Bancorp, Inc.'s 2027 outlook centres on $40.55, within a $33.22 to $51.77 range. That is up +36% on the projected 2026 average. That marks a +36% change versus current levels. Buyers look set to stay in control over this stretch.
By 2028, FMAO could reach as high as $64.85, with a base case around $49.46 and support toward $39.76 — roughly +66% from $29.82. Momentum favours further upside here.
Expect FMAO to range from $42.35 to $71.62 through 2029. The $53.49 average target implies a +79% move from current prices. That is up +8% on the projected 2028 average. Buyers look set to stay in control over this stretch.
The FMAO price prediction for 2030 points to an average of $59.94 (low $46.82, high $81.70) — a potential gain of +101% on today's $29.82. Momentum favours further upside here.
In 2031, FMAO is projected to trade between $50.12 and $89.93, averaging $64.95 — a potential gain of +118% from today's $29.82. That is up +8% on the projected 2030 average. Buyers look set to stay in control over this stretch.
Farmers & Merchants Bancorp, Inc.'s 2032 outlook centres on $70.84, within a $54.06 to $99.48 range. That is up +9% on the projected 2031 average. That marks a +138% change versus current levels. Momentum favours further upside here.
By 2033, FMAO could reach as high as $118.22, with a base case around $83.10 and support toward $62.75 — roughly +179% from $29.82. Buyers look set to stay in control over this stretch.
Expect FMAO to range from $73.81 to $142.11 through 2034. The $98.72 average target implies a +231% move from current prices. That is up +19% on the projected 2033 average. Momentum favours further upside here.
The FMAO price prediction for 2035 points to an average of $110.84 (low $82.10, high $161.34) — a potential gain of +272% on today's $29.82. Buyers look set to stay in control over this stretch.
In 2040, FMAO is projected to trade between $123.01 and $264.21, averaging $173.21 — a potential gain of +481% from today's $29.82. That is up +56% on the projected 2035 average. Momentum favours further upside here.
Farmers & Merchants Bancorp, Inc.'s 2050 outlook centres on $299.15, within a $198.08 to $489.14 range. That is up +73% on the projected 2040 average. That marks a +903% change versus current levels. Buyers look set to stay in control over this stretch.
Investing $1,000 in FMAO today (≈ 33.534541 FMAO) could be worth
$10,031.91
+$9,031.91 (+903%) by 2050 · US Dollar
Based on the average projected FMAO price of $299.15 in 2050.
Based on the base (average) forecast scenario. FX rates are indicative. Estimates only — not financial advice.
See what a past investment in FMAOwould be worth at today's price.
$1,000 invested in FMAO on Jul 10, 2025 (≈ 37.764351 FMAO) would be worth
$1,126.13
+$126.13 (+12.6%) today · 1.13× · US Dollar
Based on a FMAO entry price of $26.48 vs. today's $29.82.
| Invested | Entry price | Value today | Return |
|---|---|---|---|
| 1 week ago | $30.67 | $972.29 | -2.8% |
| 1 month ago | $28.53 | $1,045.22 | +4.5% |
| 3 months ago | $27.23 | $1,095.12 | +9.5% |
| 6 months ago | $25.06 | $1,189.94 | +19.0% |
| 1 year ago | $26.48 | $1,126.13 | +12.6% |
| All time (5.0y) ago | $21.65 | $1,377.37 | +37.7% |
Past performance from historical market data — it does not predict future results. FX rates are indicative. Not financial advice.
Enter a price to see how it sits against our FMAO forecast.
Our base-case forecast reaches $60.00 around 2031.
Implied market cap at $60.00: $826.09M
The multi-year forecast shows a clear path of upside from 2026 through 2050. In 2026, the average price is projected to be $31.45 with a min of $24.05, a max of $40.33 and an ROI of 0, reflecting a neutral sentiment. By 2030 the average price is projected to be $64.60 with a min of $50.45, a max of $88.10 and an ROI of 105.4, signaling bullish growth.
The forecast continues to climb in later years, with 2040 averaging $186.62 (min $132.50, max $284.73, ROI 493.4) and 2050 averaging $323.31 (min $214.04, max $528.72, ROI 928). The sentiment remains BULLISH across the longer horizon, though these figures are estimates and not guarantees. The sequence of annual forecasts also shows strong mid-term gains (e.g., 2031 avg $69.73, 2032 $75.07, 2033 $90.37, 2034 $106.66, 2035 $118.23) before accelerating into the 2040s and 2050s, underscoring potential upside while acknowledging the possibility of volatility implied by the min/max ranges.
Tap a question to reveal the answer.
In 2030, the forecast shows an average price of $64.60 per share, with a min of $50.45 and a max of $88.10, and an ROI of 105.4%.
The forecast shows bullish sentiment from 2027 onward, with rising averages: 2027 $43.48 (ROI 38.3%), 2028 $52.78 (67.8%), 2029 $56.51 (79.7%), and 2030 $64.60 (105.4%). While this indicates upside potential, these are estimates and not guarantees.
Yes. The forecast indicates 2034 with an average of $106.66 and 2033 with a max of $128.60, implying prices can exceed $100 in the mid-2030s (2034–2035 range shows substantial upside).
The near-term outlook is bullish. RSI14 is 80, with SMA50 at $27.95 and SMA200 at $26.20. The stock has support at $27.14 and resistance at $31.45, with a 30-day range of $28.94 to $34.17.
The current price is $31.45 per share and the market cap is $433.01M.
Farmers & Merchants Bancorp, Inc. Community Discussion
0Share your Farmers & Merchants Bancorp, Inc. price prediction and read what the community thinks. Be respectful — comments are public and not financial advice.
Be the first to share your prediction…
What's your take? Add a comment above to start the conversation.