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Jo Ellen Hornish Resigns from Farmers & Merchants Bancorp Board

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Jo Ellen Hornish Resigns from Farmers & Merchants Bancorp Board

Elevate Your Investing Strategy:

Farmers & Merchants Bancorp ( (FMAO) ) has issued an announcement.

On May 20, 2025, Jo Ellen Hornish resigned from the Board of Directors of Farmers & Merchants Bancorp, Inc. and its wholly-owned subsidiary, The Farmers & Merchants State Bank. Mrs. Hornish, who has been a board member since 2013 and served on the Audit and Corporate Governance and Nominating Committees, announced her resignation following the board meeting on the same day.

The most recent analyst rating on (FMAO) stock is a Hold with a $24.00 price target. To see the full list of analyst forecasts on Farmers & Merchants Bancorp stock, see the FMAO Stock Forecast page.

Spark’s Take on FMAO Stock

According to Spark, TipRanks’ AI Analyst, FMAO is a Neutral.

Farmers & Merchants Bancorp’s overall score reflects its strong financial health and attractive valuation. The robust balance sheet with zero debt and consistent equity growth are significant strengths. While the technical indicators suggest caution due to recent price trends, the stock’s valuation and dividend yield provide a compelling investment case, balancing the risks highlighted by the moderate technical analysis score.

To see Spark’s full report on FMAO stock, click here.

More about Farmers & Merchants Bancorp

Average Trading Volume: 17,933

Technical Sentiment Signal: Buy

Current Market Cap: $351.9M

See more insights into FMAO stock on TipRanks’ Stock Analysis page.

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