Farmers Bancorp (Frankfort IN) (FABP)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Farmers Bancorp (Frankfort IN) (FABP) trades at $54.00 with AI Score 56/100 (Grade B). Farmers Bancorp (Frankfort IN) operates as a community bank holding company, providing diverse banking products and services, including deposit products and various loan types, primarily in its local Indiana service area. Market cap: $98.84M, Sector: Financial services.
Price live · AI analysis from Jun 15, 2026Analyst Coverage for FABP: FABP does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates FABP against Financial Services peers across nine fundamental dimensions and assigns a mixed fundamental profile based on the underlying data.
FABP: 3/6 perspectives are bullish. Dominant signal: Ray Dalio bullish.
How is this calculated? →Farmers Bancorp (Frankfort IN) (FABP) Financial Services Profile
Farmers Bancorp (Frankfort IN) is a community bank holding company established in 1876, offering deposit products and various loan types, including commercial, agricultural, and residential. Operating primarily in Frankfort, Indiana, it serves local individuals and businesses, distinguishing itself through a community-focused approach within the regional banking sector.
What Is the Investment Thesis for FABP?
Farmers Bancorp (Frankfort IN) presents a profile rooted in community banking, characterized by a long operational history since 1876 and a focus on local relationships. Key value drivers include its established presence in Frankfort, Indiana, and a diverse loan portfolio encompassing commercial, agricultural, real estate, and consumer segments. The company maintains a profit margin of 14.9% and a gross margin of 61.5%, indicating efficient operations relative to its revenue. With a P/E ratio of 9.1 and a dividend yield of 3.17%, it offers a combination of valuation and income potential. Growth catalysts are primarily tied to local economic development, sustained demand for its specialized agricultural lending, and the bank's ability to deepen customer relationships through its community-focused model. However, investors must consider the higher risk profile associated with its OTC Other tier listing and the ongoing challenge of maintaining its net interest margin amidst fluctuating interest rates and regulatory changes impacting community banks. The company's low beta of 0.21 suggests lower volatility compared to the broader market.
Based on FMP financials and quantitative analysis
FABP Key Highlights
- Market capitalization stands at $0.09 billion, reflecting its status as a smaller regional financial institution.
- The company maintains a Price-to-Earnings (P/E) ratio of 9.15, indicating its valuation relative to earnings.
- A profit margin of 14.9% demonstrates the company's profitability after all expenses.
- Gross margin is reported at 61.5%, highlighting the efficiency of its core banking operations before administrative costs.
- Farmers Bancorp offers a dividend yield of 3.17%, providing income to shareholders.
Who Are FABP's Competitors?
FABP is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| MCHB Mechanics Bank | $16.24 | +0.50% | $3.58B | 71 |
| STLE Steele Bancorp Inc. | $43.05 | -0.67% | $80.01M | 69 |
| NASB NASB Financial, Inc. | $40.30 | +0.00% | $289.22M | 68 |
| CIBEY Commercial International Bank (Egypt) S.A.E | $2.63 | +3.54% | $8.68B | 67 |
| BUSE First Busey Corporation | $29.58 | -0.25% | $2.50B | 63 |
| CVLY Codorus Valley Bancorp, Inc. | $24.04 | +4.98% | $232.28M | 63 |
| FBVI FCN Banc Corp. | $35.87 | +0.17% | $61.78M | 63 |
| LLDTF Lloyds Banking Group plc | $1.45 | +0.00% | $84.34B | 63 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are FABP's Key Strengths?
- Long-standing presence and deep community ties since 1876, fostering strong customer loyalty.
- Diverse loan portfolio including commercial, agricultural, real estate, and consumer loans, spreading risk.
- Community-focused business model allows for personalized service and strong local relationships.
- Solid gross margin of 61.5% indicates efficient core banking operations.
What Are FABP's Weaknesses?
- Smaller scale and market capitalization ($0.09B) compared to larger regional banks, potentially limiting growth capacity.
- OTC Other tier listing may result in lower liquidity and higher perceived risk for investors.
- Reliance on net interest margin, which can be sensitive to interest rate fluctuations.
- Geographic concentration in Frankfort, Indiana, exposes it to localized economic downturns.
What Could Drive FABP Stock Higher?
- Community engagement initiatives continue to strengthen local customer relationships and attract new business within its Frankfort, Indiana, service area.
- Potential local economic development projects in Frankfort and surrounding regions could drive increased demand for commercial real estate and construction loans.
- Efforts to maintain and optimize its net interest margin through strategic asset-liability management in a dynamic interest rate environment.
- Introduction of enhanced digital banking features designed to improve customer convenience and attract a broader demographic, potentially boosting deposit growth.
What Are the Key Risks for FABP?
- Financial-distress signal — its Altman Z-Score of 0.35 sits in the distress zone (elevated bankruptcy risk).
- Regulatory changes impacting community banks could increase compliance costs and operational complexities, affecting profitability.
- Intense competition from larger regional banks and national financial institutions for deposits and loan customers in its local market.
- Fluctuations in interest rates could negatively impact the bank's net interest margin, reducing interest income profitability.
- The higher risk profile associated with its OTC Other tier listing may deter institutional investors and limit access to capital markets.
- A downturn in the local economy of Frankfort, Indiana, could lead to reduced loan demand, increased loan defaults, and impaired asset quality.
What Are the Growth Opportunities for FABP?
- Local Market Penetration and Expansion: Farmers Bancorp has an opportunity to deepen its market penetration within Frankfort, Indiana, and potentially expand into adjacent underserved communities. By leveraging its established brand and community trust, the bank can attract new deposit accounts and loan customers through targeted marketing and community engagement initiatives. The local economy, while not explicitly detailed, provides a foundational market for growth. This strategy focuses on increasing its share of the existing local financial services market, which is a continuous effort for community banks, with potential returns visible over the next 3-5 years as local businesses and populations grow.
- Agricultural Lending Specialization: Given its name and historical ties, Farmers Bancorp is well-positioned to further specialize and expand its agricultural lending portfolio. The agricultural sector, particularly in regions like Indiana, represents a significant and often specialized market segment requiring tailored financial products and expertise. By enhancing its offerings and expertise in this niche, the bank can attract more agricultural businesses and farmers, potentially capturing a larger share of a market that values specialized knowledge and relationships. This growth driver could see incremental gains over the medium term, 2-4 years, as relationships are built and products refined.
- Commercial Real Estate and Construction Loan Growth: As local economies develop, there is an ongoing demand for commercial real estate and construction financing. Farmers Bancorp can capitalize on this by actively participating in local development projects, providing financing for new businesses, property expansions, and residential construction. Its local presence provides an advantage in understanding specific market needs and risks, allowing for more informed lending decisions. This opportunity is directly tied to the health and growth of the local economy, with project-specific growth cycles typically spanning 1-3 years.
- Enhancement of Digital Banking Services: While rooted in community banking, there is a significant opportunity to enhance and promote digital banking services, including online account opening, mobile banking, and digital payment solutions. This would cater to evolving customer preferences, attract a younger demographic, and improve operational efficiency. By offering a seamless digital experience alongside its personalized in-branch service, Farmers Bancorp can expand its reach and retain customers who value convenience. Investment in technology could yield benefits within 1-2 years, improving customer satisfaction and operational costs.
- Cross-Selling and Relationship Deepening: Farmers Bancorp can focus on cross-selling additional financial products and services to its existing customer base. For instance, customers with deposit accounts could be offered loan products, wealth management services (if applicable), or business banking solutions. By understanding the holistic financial needs of its customers, the bank can increase the average revenue per customer and strengthen overall relationships, making it more difficult for competitors to poach clients. This strategy is an ongoing effort, with incremental revenue gains expected continuously.
What Opportunities Does FABP Have?
- Expansion of specialized agricultural lending services to capitalize on regional industry needs.
- Growth in local commercial real estate and construction projects within its service area.
- Enhancement of digital banking platforms to attract younger demographics and improve operational efficiency.
- Deepening existing customer relationships through cross-selling additional financial products and services.
What Threats Does FABP Face?
- Ongoing regulatory changes impacting community banks, potentially increasing compliance costs.
- Intense competition from larger regional banks, national institutions, and emerging fintech companies.
- Fluctuations in interest rates that could compress net interest margins.
- Economic downturns or localized recessions in its primary operating region impacting loan demand and credit quality.
What Are FABP's Competitive Advantages?
- Deep-rooted local market knowledge and established relationships cultivated since its founding in 1876, fostering strong community loyalty.
- A reputation for personalized customer service and a community-focused approach, differentiating it from larger, more transactional banks.
- Specialized expertise in agricultural lending, providing a competitive edge in a niche market segment within its operating region.
- Long-standing trust and brand recognition within its local community, acting as a barrier to entry for new competitors.
What Does FABP Do?
Farmers Bancorp (Frankfort IN) operates as the holding company for The Farmers Bank, a financial institution with a deep-rooted history dating back to its founding in 1876 in Frankfort, Indiana. Over its extensive operational history, the company has evolved to provide a comprehensive suite of traditional banking products and services tailored to individuals and businesses within its local service area in the United States. Its core offerings include a variety of deposit products, such as checking, savings, and money market accounts, designed to meet the diverse financial needs of its customer base. On the lending side, Farmers Bancorp specializes in several key areas, including commercial and agricultural loans, which cater to local businesses and the significant agricultural sector in its operating region. Additionally, the company provides commercial real estate loans, construction loans to support local development, and residential and consumer loans, facilitating homeownership and personal financial needs for its community members. As a community bank, Farmers Bancorp's market position is primarily focused on its local service area, emphasizing strong customer relationships and a personalized approach to banking. This community-centric model is a foundational aspect of its operational strategy, differentiating it from larger, more impersonal financial institutions. While operating as a smaller institution trading on the OTC Other tier, its strength lies in its ability to foster deep, long-standing connections within the communities it serves, contributing to a stable and loyal customer base.
What Products and Services Does FABP Offer?
- Operates as a bank holding company for The Farmers Bank.
- Provides a range of deposit products, including checking, savings, and money market accounts.
- Offers commercial loans to local businesses for various operational and expansion needs.
- Specializes in agricultural loans, catering to the farming community.
- Facilitates commercial real estate loans for property acquisition and development.
- Provides construction loans to support building projects in its service area.
- Offers residential loans for home purchases and refinancing.
- Extends consumer loans to individuals for personal financial needs.
How Does FABP Make Money?
- Generates primary revenue through net interest income, derived from the difference between interest earned on loans and investments and interest paid on deposits.
- Earns non-interest income from various banking fees, including service charges on deposit accounts, loan origination fees, and other transaction-based charges.
- Funds its lending activities primarily through a stable base of customer deposits, supplemented by other funding sources as needed.
- Focuses on a community-centric banking model, building long-term relationships with local individuals, businesses, and agricultural enterprises.
- Manages a diversified loan portfolio to mitigate risk and ensure consistent revenue streams.
What Industry Does FABP Operate In?
Farmers Bancorp operates within the highly regulated and competitive regional banking sector, specifically as a community bank. This segment of the financial services industry is characterized by its focus on local markets, personalized customer service, and deep community ties, often serving small businesses and individuals that may be underserved by larger national banks. The broader industry is currently navigating evolving market trends, including digital transformation, interest rate volatility, and a complex regulatory environment. Community banks like Farmers Bancorp face competition not only from larger regional and national banks but also from credit unions and emerging fintech companies. Farmers Bancorp's positioning in Frankfort, Indiana, leverages its long-standing presence and community-focused approach to foster strong customer relationships, which is a critical differentiator in this competitive landscape. The ability to adapt to technological advancements while maintaining its core community values will be crucial for its sustained relevance.
Who Are FABP's Key Customers?
- Individual residents within Frankfort, Indiana, and surrounding local communities.
- Small and medium-sized businesses operating in its primary service area.
- Agricultural enterprises, including farmers and agribusinesses.
- Commercial real estate developers and investors involved in local projects.
- Individuals seeking residential mortgages and consumer loans.
F-Score 6/9Financial Health
Farmers Bancorp (Frankfort IN)'s Piotroski F-Score is 6/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile. Its Altman Z-Score of 0.35 places it in the distress zone, a signal of elevated financial risk.
FABP Valuation & Market Position
With a $98.84M market cap, Farmers Bancorp (Frankfort IN) sits in the micro-cap segment of the market. Relative to its peer group, FABP's quantitative score of 56/100 is below the peer average of 68/100.
ROE 12%Key Financial Metrics
Return on equity for Farmers Bancorp (Frankfort IN) stands at 12.4%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 0.9%, showing how much profit it generates from its asset base. FABP trades at a trailing price-to-earnings ratio of 9.11, below the Financial Services sector average of ~18x. Its free cash flow yield is 0.0%, a gauge of the cash the business throws off relative to its market value. Its earnings yield is 11.0%, the inverse of the P/E and a quick read on earnings relative to price.
Company Profile
Farmers Bancorp (Frankfort IN) operates in the Banks - Regional industry within the Financial Services sector. It is headquartered in Frankfort, US. The company is led by CEO Christopher D. Cook. FABP has traded publicly since 2008.
FABP Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2024
Bull Case vs Bear Case
Bull Case
- Long-standing presence and deep community ties since 1876, fostering strong customer loyalty.
- Diverse loan portfolio including commercial, agricultural, real estate, and consumer loans, spreading risk.
- Community-focused business model allows for personalized service and strong local relationships.
- Solid gross margin of 61.5% indicates efficient core banking operations.
Bear Case
- Smaller scale and market capitalization ($0.09B) compared to larger regional banks, potentially limiting growth capacity.
- OTC Other tier listing may result in lower liquidity and higher perceived risk for investors.
- Reliance on net interest margin, which can be sensitive to interest rate fluctuations.
- Geographic concentration in Frankfort, Indiana, exposes it to localized economic downturns.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · July 2026
FABP Latest News
No recent news available for FABP.
FABP Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for FABP.
Price Targets
Wall Street price target analysis for FABP.
FABP MoonshotScore
What does this score mean?
The MoonshotScore rates FABP's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Leadership: Christopher D. Cook
Chief Executive Officer
Unknown. Specific details regarding Christopher D. Cook's prior career history, educational background, and previous roles before assuming leadership at Farmers Bancorp (Frankfort IN) are not provided in the available source data. Information regarding his professional credentials or affiliations is also not available.
Track Record: Unknown. Specific achievements, strategic decisions, or significant company milestones directly attributable to Christopher D. Cook's leadership at Farmers Bancorp (Frankfort IN) are not detailed in the provided source materials. Information regarding the company's performance or strategic direction under his tenure is not available.
FABP OTC Market Information
Farmers Bancorp (Frankfort IN) trades on the OTC Other tier, which is the lowest of the three primary OTC market tiers (OTCQX, OTCQB, and OTC Other). Unlike companies listed on major exchanges like the NYSE or NASDAQ, which have stringent listing requirements regarding financial standards, corporate governance, and minimum share prices, companies on the OTC Other tier face minimal disclosure requirements. This tier is typically home to companies that do not meet the standards for OTCQX or OTCQB, or those that choose not to provide current information to OTC Markets Group. Investors should understand that this tier generally implies a higher risk profile due to less transparency and potentially less robust financial reporting.
- OTC Tier: OTC Other
- Disclosure Status: Unknown
- Limited Disclosure: Companies on the OTC Other tier have minimal reporting requirements, leading to a lack of readily available and comprehensive financial information for investors.
- Lower Liquidity: Reduced trading volume and wider bid-ask spreads can make it difficult to buy or sell shares quickly without significantly impacting the price.
- Price Volatility: Shares on the OTC market, especially in lower tiers, can be subject to greater price swings due to lower trading volumes and less market oversight.
- Fraud Risk: The lack of stringent regulatory oversight compared to major exchanges can expose investors to a higher risk of fraud or manipulative trading practices.
- Difficulty in Valuation: Limited public information and analyst coverage can make it challenging for investors to accurately assess the company's fair value.
- Verify the company's most recent financial statements (if available) directly from their investor relations or SEC filings (if any).
- Research any news releases or corporate actions issued by the company to understand recent developments.
- Assess the company's business model and competitive landscape within its specific industry.
- Evaluate the management team's experience and track record, if information is publicly accessible.
- Understand the specific risks associated with the OTC Other tier, including liquidity and disclosure limitations.
- Consider the company's market capitalization and trading volume to gauge potential liquidity issues.
- Consult with a financial advisor experienced in OTC markets to understand the unique risks.
- Long operational history since 1876, indicating a sustained business presence.
- Operates as a regulated financial institution (The Farmers Bank), subject to banking oversight.
- Publicly available market capitalization and financial metrics (P/E, Profit Margin, etc.) are reported.
- Identified CEO, Christopher D. Cook, manages 170 employees, suggesting an established organizational structure.
- Headquartered in Frankfort, US, indicating a physical presence and local operational base.
Farmers Bancorp (Frankfort IN) Financial Services Stock: Key Questions Answered
What is Farmers Bancorp (Frankfort IN)'s credit quality and risk management approach?
Farmers Bancorp, as a community bank, likely employs a localized and relationship-based approach to credit quality and risk management. While specific details on loan portfolio quality, provision levels, and risk management frameworks are not explicitly provided, community banks typically rely on deep knowledge of local borrowers and market conditions to assess creditworthiness. Their loan portfolios, comprising commercial, agricultural, real estate, and consumer loans, are managed with an understanding of regional economic factors. Risk management generally involves diligent underwriting, ongoing monitoring of loan performance, and maintaining adequate reserves for potential loan losses. The bank's long operational history suggests a seasoned approach to managing credit risk within its specific market.
How does Farmers Bancorp (Frankfort IN) generate revenue in financial services?
Farmers Bancorp primarily generates revenue through its core banking activities, which are centered around net interest income and non-interest income. Net interest income is derived from the difference between the interest earned on its diverse loan portfolio—including commercial, agricultural, commercial real estate, construction, residential, and consumer loans—and the interest paid on customer deposits. This spread is a fundamental profitability driver for banks. Additionally, the company earns non-interest income through various fees for banking services, such as service charges on deposit accounts, ATM fees, and other transaction-related charges. Its business model emphasizes leveraging its deposit base to fund lending activities and generating income from both interest-bearing assets and fee-based services.
What are the implications of Farmers Bancorp (Frankfort IN) trading on the OTC market?
Farmers Bancorp's listing on the OTC Other tier carries several implications for investors. This tier is characterized by minimal disclosure requirements, meaning less public financial information is readily available compared to companies on major exchanges like NYSE or NASDAQ. This reduced transparency can make comprehensive due diligence more challenging. Furthermore, OTC stocks, especially those in lower tiers, often experience lower trading volumes and wider bid-ask spreads, leading to reduced liquidity. This can make it difficult for investors to buy or sell shares quickly at desired prices, potentially increasing transaction costs. The OTC listing also generally implies a higher risk profile due to less regulatory oversight and potential for greater price volatility.
How does Farmers Bancorp (Frankfort IN) differentiate itself in the regional banking sector?
Farmers Bancorp differentiates itself in the regional banking sector primarily through its deep-rooted community-focused approach and long operational history dating back to 1876 in Frankfort, Indiana. Unlike larger, more impersonal financial institutions, the bank emphasizes building strong, personal relationships with its local customers, including individuals, small businesses, and agricultural enterprises. This localized strategy allows for a more nuanced understanding of client needs and market conditions, particularly in specialized areas like agricultural lending. Its commitment to the local community fosters trust and loyalty, which are significant competitive advantages in an industry often dominated by scale. The personalized service and local decision-making contrast with the standardized offerings of larger competitors.
What are the key factors to evaluate for FABP?
Farmers Bancorp (Frankfort IN) (FABP) holds an AI score of 56/100 (moderate). P/E: 9.1x vs the S&P 500's ~20-25x. Not financial advice.
How frequently does FABP data refresh on this page?
FABP prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven FABP's recent stock price performance?
Farmers Bancorp (Frankfort IN) (FABP) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Long-standing presence and deep community ties since 1876, fostering strong customer loyalty. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider FABP overvalued or undervalued right now?
Farmers Bancorp (Frankfort IN) (FABP) trades at 9.1x earnings. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- No FMP PEER TICKERS were provided in the source data, therefore the 'competitors' array is empty.
- Specific details for CEO background and track record were not provided in the source data, resulting in 'Unknown' for these fields.
- The 'disclosureLevel' for OTC analysis was explicitly stated as 'Unknown' in the source data.