Added to YB: 2024-07-18
Pitch date: 2024-07-17
FMCB [bullish]
Farmers & Merchants Bancorp
+16.26%
current return
Author Info
Compounding Dividends writes a newsletter about dividend investing. Sign up for the newsletter.
Company Info
Farmers & Merchants Bancorp operates as the bank holding company for Farmers & Merchants Bank of Central California that provides various banking services to businesses and individuals.
Market Cap
$716.9M
Pitch Price
$944.45
Price Target
N/A
Dividend
1.81%
EV/EBITDA
N/A
P/E
8.34
EV/Sales
N/A
Sector
Banks
Category
dividend
3 Most Undervalued Dividend Kings Now - Farmers & Merchants Bancorp
FMCB: 58-yr div growth streak. Q1 EPS +4% YoY to $30.56. Loans +8%, deposits +9%. NII -7% on margin squeeze. 5% EPS CAGR expected. 14.2% capital ratio, strong credit quality. 8x P/E vs 12x fair value. 15.2% annualized return potential: 5% EPS growth, 1.8% yield, 8.6% multiple expansion.
Read full article (2 min)