5 Oversold Bank Stocks To Buy

3. Farmers & Merchants Bancorp, Inc. (NASDAQ:FMAO)

Latest RSI Reading: 41.07

Farmers & Merchants Bancorp, Inc. (NASDAQ:FMAO) is a sizeable bank with close to five hundred employees and a century-old history. Its second quarter of 2023 earnings marked 81 consecutive quarters of profitability as total loans and total assets both soared to record highs. However, Farmers & Merchants Bancorp, Inc. (NASDAQ:FMAO) has missed analyst EPS estimates for its four latest quarters and the stock is rated Hold on average with the latest rating coming from Stephens & Co. which has rated the shares as Equal Weight.