Farmers & Merchants Bancorp Stock Drops Below 200-Day Average

Shares of the community bank fall as analysts debate whether it's time to sell.

Mar. 20, 2026 at 7:51am

Shares of Farmers & Merchants Bancorp Inc. (NASDAQ:FMAO), a community bank based in Los Banos, California, fell below their 200-day moving average on Thursday. The stock closed at $25.00, down from a 200-day average of $25.60. Wall Street analysts are divided on whether the stock is a 'hold' or if it's time for investors to sell.

Why it matters

Farmers & Merchants Bancorp is a community-focused bank that has served the western San Joaquin Valley for over a century. The stock's drop below its 200-day moving average could signal a broader market shift that may impact the bank's performance and ability to serve its local customers.

The details

Farmers & Merchants Bancorp shares traded as low as $23.91 on Thursday before closing at $25.00. The bank has a quick ratio and current ratio of 1.00, as well as a debt-to-equity ratio of 0.71. The company's 50-day moving average is $26.42 and its 200-day moving average is $25.60. Farmers & Merchants Bancorp has a market cap of $364 million, a price-to-earnings ratio of 10.33, and a beta of 0.85.

  • Farmers & Merchants Bancorp stock crossed below its 200-day moving average during trading on Thursday, March 20, 2026.

The players

Farmers & Merchants Bancorp

A community-focused bank headquartered in Los Banos, California that has served the western San Joaquin Valley for over a century.

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What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident

The takeaway

The drop in Farmers & Merchants Bancorp's stock price below its 200-day moving average could signal broader market shifts that may impact the community bank's ability to serve its local customers. Analysts are divided on whether the stock is a 'hold' or if it's time for investors to sell.