Which has the lower trailing P/E, CZNC or FMAO?

FMAO has the lower trailing P/E: CZNC trades at 17.23 and FMAO at 12.14. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, CZNC or FMAO?

Over the past five years, FMAO grew revenue faster — CZNC at a 8.12% CAGR versus FMAO at 17.50%.

Does CZNC or FMAO pay a bigger dividend?

CZNC yields 4.39% and FMAO yields 2.59% based on trailing dividends and the latest price.

Is CZNC or FMAO more profitable?

FMAO runs the higher net margin — CZNC at 15.42% versus FMAO at 20.53%.

How have CZNC and FMAO total returns compared?

Over the past 10 years, CZNC delivered 6.80% and FMAO delivered 11.24% annualized total return. Past performance doesn't predict future results.

Citizens & Northern Corporation (CZNC) vs Farmers & Merchants Bancorp, Inc. (FMAO)

A side-by-side comparison of Citizens & Northern Corporation and Farmers & Merchants Bancorp, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 6, 2026. Differences are shown without an overall score or investment verdict.

CZNC

Citizens & Northern Corporation

$456M

$25.43Financial ServicesDelayed quote: Oct 6, 2026, 4:00 PM EDT

FMAO

Farmers & Merchants Bancorp, Inc.

$487M

$35.34Financial ServicesDelayed quote: Oct 6, 2026, 4:00 PM EDT

Total return — CZNC vs FMAO

growth of $100 · dividends reinvested · last 10y

CZNC +91.7% (+6.7%/yr)FMAO +190.2% (+11.2%/yr)FMAO compounded faster over this window

CZNC FMAO

CZNC vs FMAO: by the numbers

•FMAO is the larger company ($487M vs $456M market cap).
•FMAO trades at the lower trailing earnings multiple (12.14 vs 17.23 P/E), one valuation lens rather than an overall verdict.
•FMAO converts more revenue to profit (20.53% vs 15.42% net margin).
•FMAO grew revenue faster over the past five years (17.50% vs 8.12% CAGR).
•CZNC pays the higher dividend yield (4.39% vs 2.59%).

Metrics side by side

Valuation

Metric	CZNC	FMAO
P/E ratio	17.23	12.14
Forward P/E	11.72	11.14
PEG ratio	6.87	N/A
P/S ratio	2.77	2.50
P/B ratio	1.32	1.26

Profitability

Metric	CZNC	FMAO
Operating margin	18.58%	26.25%
Net margin	15.42%	20.53%
ROE	7.32%	10.40%

Citizens & Northern Corporation: Gross margin is not shown for a lender or insurer: its revenue is interest, premiums and fees rather than the sale of goods, so there is no cost of goods sold to measure it against.

Farmers & Merchants Bancorp, Inc.: Gross margin is not shown for a lender or insurer: its revenue is interest, premiums and fees rather than the sale of goods, so there is no cost of goods sold to measure it against.

Dividends

Metric	CZNC	FMAO
Dividend yield	4.39%	2.59%
Payout ratio	75.91%	31.53%

Growth (annualized)

Metric	CZNC	FMAO
Revenue CAGR (5Y)	8.12%	17.50%
EPS CAGR (5Y)	2.35%	N/A
Total return CAGR (5Y)	5.00%	12.50%

Frequently asked

Which has the lower trailing P/E, CZNC or FMAO?: FMAO has the lower trailing P/E: CZNC trades at 17.23 and FMAO at 12.14. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, CZNC or FMAO?: Over the past five years, FMAO grew revenue faster — CZNC at a 8.12% CAGR versus FMAO at 17.50%.
Does CZNC or FMAO pay a bigger dividend?: CZNC yields 4.39% and FMAO yields 2.59% based on trailing dividends and the latest price.
Is CZNC or FMAO more profitable?: FMAO runs the higher net margin — CZNC at 15.42% versus FMAO at 20.53%.
How have CZNC and FMAO total returns compared?: Over the past 10 years, CZNC delivered 6.80% and FMAO delivered 11.24% annualized total return. Past performance doesn't predict future results.

Go deeper

Full CZNC analysis Full FMAO analysis Interactive comparison tool

Dig into the metrics

Citizens & Northern P/E ratio Farmers & Merchants Bancorp P/E ratio Citizens & Northern dividend yield Farmers & Merchants Bancorp dividend yield Citizens & Northern ROE Farmers & Merchants Bancorp ROE Citizens & Northern operating margin Farmers & Merchants Bancorp operating margin Citizens & Northern revenue growth Farmers & Merchants Bancorp revenue growth

Citizens & Northern & Farmers & Merchants Bancorp appear in these rankings

Highest Dividend Yield Stocks Fastest Revenue Growth Stocks Lowest P/E Ratio Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 6, 2026.