Farmers & Merchants Bancorp, Inc. (FMAO) vs Greenlight Capital Re, Ltd. (GLRE)
A side-by-side comparison of Farmers & Merchants Bancorp, Inc. and Greenlight Capital Re, Ltd. 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.
Total return — FMAO vs GLRE
growth of $100 · dividends reinvested · last 10yFMAO vs GLRE: by the numbers
- •GLRE is the larger company ($492M vs $489M market cap).
- •GLRE trades at the lower trailing earnings multiple (10.17 vs 12.19 P/E), one valuation lens rather than an overall verdict.
- •FMAO converts more revenue to profit (20.53% vs 7.68% net margin).
- •FMAO grew revenue faster over the past five years (17.50% vs 4.46% CAGR).
- •FMAO pays a dividend (2.59% yield), while GLRE has no payments in the available dividend history.
Metrics side by side
Valuation
| Metric | FMAO | GLRE |
|---|---|---|
| P/E ratio | 12.19 | 10.17 |
| Forward P/E | 11.18 | 29.66 |
| PEG ratio | N/A | 0.12 |
| P/S ratio | 2.51 | 0.74 |
| P/B ratio | 1.27 | 0.71 |
Profitability
| Metric | FMAO | GLRE |
|---|---|---|
| Operating margin | 26.25% | 8.00% |
| Net margin | 20.53% | 7.68% |
| ROE | 10.40% | 7.31% |
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.
Greenlight Capital Re, Ltd.: 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 | FMAO | GLRE |
|---|---|---|
| Dividend yield | 2.59% | N/A |
| Payout ratio | 31.53% | N/A |
Growth (annualized)
| Metric | FMAO | GLRE |
|---|---|---|
| Revenue CAGR (5Y) | 17.50% | 4.46% |
| EPS CAGR (5Y) | N/A | 82.24% |
| Total return CAGR (5Y) | 12.50% | 15.00% |
Frequently asked
- Which has the lower trailing P/E, FMAO or GLRE?
- GLRE has the lower trailing P/E: FMAO trades at 12.19 and GLRE at 10.17. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, FMAO or GLRE?
- Over the past five years, FMAO grew revenue faster — FMAO at a 17.50% CAGR versus GLRE at 4.46%.
- Does FMAO or GLRE pay a bigger dividend?
- FMAO pays a dividend (2.59% yield), while GLRE has no payments in the available dividend history.
- Is FMAO or GLRE more profitable?
- FMAO runs the higher net margin — FMAO at 20.53% versus GLRE at 7.68%.
- How have FMAO and GLRE total returns compared?
- Over the past 10 years, FMAO delivered 11.24% and GLRE delivered -3.23% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Farmers & Merchants Bancorp & Greenlight Capital Re appear in these rankings
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.