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

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

ARCHBOLD, Ohio, March 24, 2026 -- 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.