Farmers & Merchants Bancorp (FMAO) Net Margin (2009 - 2026)
Farmers & Merchants Bancorp (FMAO) reported Net Margin of 34.34% for Q2 2026, up 8.34 percentage points from 26.01% a year earlier and up 4.82 percentage points from the prior quarter.
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Analysis
Farmers & Merchants Bancorp (FMAO) Net Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Farmers & Merchants Bancorp's Net Margin came in at 30.67%, up 3.82 percentage points year-over-year; for FY2025, it was 27.43%, up 1.88 percentage points from FY2024.
- Net Margin has a five-year change of +1.18 percentage points (FY2020 to FY2025).
- By year, Net Margin came in at 25.55% in FY2024 (+2.13 pp), 23.42% in FY2023 (-8.28 pp), 31.70% in FY2022 (+4.72 pp) and 26.97% in FY2021 (+0.73 pp).
- The Q2 2026 figure ranks as the highest quarterly Net Margin since Q2 2019.
- Year over year, Net Margin gained in seven of the last eight quarters, with an average year-over-year change of +4.20 percentage points.
- The high point for year-over-year Net Margin in five years was Q1 2022 (a gain of 9.07 percentage points); the low point was Q3 2023 (a drop of 13.55 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 29.52% (Q1 2026), 30.18% (Q4 2025) and 28.33% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 909.02 Bn | 886.77 Bn | - | 29.77% |
| 2 | Banco Santander Chile | 406.67 Bn | -7,110.43 Bn | - | - |
| 3 | Bank Of America | 350.91 Bn | -2,025.20 Bn | - | 21.83% |
| 4 | Hsbc Holdings | 308.71 Bn | -2,966.46 Bn | - | 38.08% |
| 5 | Morgan Stanley | 293.66 Bn | -249.15 Bn | - | 23.36% |
| 6 | Royal Bank Of Canada | 283.56 Bn | -546.44 Bn | - | 32.48% |
| 7 | Goldman Sachs | 262.71 Bn | -3,480.74 Bn | - | 27.42% |
| 8 | Wells Fargo & Company | 257.44 Bn | 92.87 Bn | - | 26.08% |
| 9 | Mitsubishi Ufj Financial | 256.82 Bn | -75.42 Bn | 10.89 Bn | 246.71% |
| 10 | Farmers & Merchants Bancorp | 510.44 Mn | -55.87 Mn | - | 33.15% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 33.15% |
| Jun 30, 2026 | 34.34% |
| Mar 31, 2026 | 29.52% |
| Dec 31, 2025 | 30.18% |
| Sep 30, 2025 | 28.32% |
| Jun 30, 2025 | 26.01% |
| Mar 31, 2025 | 24.76% |
| Dec 31, 2024 | 31.24% |
| Sep 30, 2024 | 25.50% |
| Jun 30, 2024 | 22.64% |
| Mar 31, 2024 | 22.02% |
| Dec 31, 2023 | 23.36% |
| Sep 30, 2023 | 20.25% |
| Jun 30, 2023 | 24.33% |
| Mar 31, 2023 | 24.75% |
| Dec 31, 2022 | 26.66% |
| Sep 30, 2022 | 33.77% |
| Jun 30, 2022 | 32.57% |
| Mar 31, 2022 | 33.30% |
| Dec 31, 2021 | 31.29% |
API Access
Farmers & Merchants Bancorp Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=FMAO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "FMAO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=FMAO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();