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Farmers & Merchants Bancorp (FMAO) Operating Expenses (2016 - 2025)

Farmers & Merchants Bancorp (FMAO) has disclosed Operating Expenses for 10 consecutive years, with $19.1 million as the latest value for Q4 2025.

  • Quarterly Operating Expenses rose 18.52% to $19.1 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $76.8 million through Dec 2025, up 11.83% year-over-year, with the annual reading at $76.8 million for FY2025, 11.83% up from the prior year.
  • Operating Expenses hit $19.1 million in Q4 2025 for Farmers & Merchants Bancorp, down from $19.7 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $19.7 million in Q3 2025 to a low of $12.4 million in Q1 2021.
  • Historically, Operating Expenses has averaged $16.2 million across 5 years, with a median of $16.9 million in 2023.
  • Biggest five-year swings in Operating Expenses: increased 27.82% in 2021 and later decreased 5.94% in 2022.
  • Year by year, Operating Expenses stood at $14.4 million in 2021, then rose by 19.98% to $17.3 million in 2022, then decreased by 5.34% to $16.4 million in 2023, then dropped by 1.89% to $16.1 million in 2024, then rose by 18.52% to $19.1 million in 2025.
  • Business Quant data shows Operating Expenses for FMAO at $19.1 million in Q4 2025, $19.7 million in Q3 2025, and $19.3 million in Q2 2025.