Farmers & Merchants Bancorp Inc (FMAO) Operating Expenses (2010 - 2026)
Farmers & Merchants Bancorp (FMAO) recorded Operating Expenses of $19.26 million in Q2 2026, unchanged from $19.26 million a year earlier and down 2.7% from the prior quarter.
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Analysis
Farmers & Merchants Bancorp Inc (FMAO) Operating Expenses (2010 - 2026) Analysis & Trends
On a TTM basis, Farmers & Merchants Bancorp's Operating Expenses came in at $77.86 million as of Jun 30, 2026, up 8.9% year-over-year; for FY2025, it was $76.81 million, up 11.8% from FY2024.
- Annual Operating Expenses has increased for 12 straight years, with a five-year compound annual growth rate of 11.6% (FY2020 to FY2025).
- Across earlier years, Operating Expenses came in at $68.69 million in FY2024 (+2.2%), $67.2 million in FY2023 (+16.9%), $57.51 million in FY2022 (+6.2%) and $54.17 million in FY2021 (+22.1%).
- Quarterly Operating Expenses has ranged from $13.24 million in Q2 2022 to $19.8 million in Q1 2026 over the past five years.
- On a year-over-year basis, Operating Expenses rose in six of the last eight quarters, with growth averaging 6.7%.
- Peak year-over-year performance for Operating Expenses in the last five years was growth of 27.8% in Q4 2021, against a decline of 5.9% in Q3 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $19.8 million (Q1 2026), $19.05 million (Q4 2025) and $19.74 million (Q3 2025).
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Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 19.26 Mn |
| Mar 31, 2026 | 19.80 Mn |
| Dec 31, 2025 | 19.05 Mn |
| Sep 30, 2025 | 19.74 Mn |
| Jun 30, 2025 | 19.26 Mn |
| Mar 31, 2025 | 18.76 Mn |
| Dec 31, 2024 | 16.08 Mn |
| Sep 30, 2024 | 17.43 Mn |
| Jun 30, 2024 | 17.35 Mn |
| Mar 31, 2024 | 17.84 Mn |
| Dec 31, 2023 | 16.39 Mn |
| Sep 30, 2023 | 17.04 Mn |
| Jun 30, 2023 | 16.84 Mn |
| Mar 31, 2023 | 16.93 Mn |
| Dec 31, 2022 | 17.31 Mn |
| Sep 30, 2022 | 13.47 Mn |
| Jun 30, 2022 | 13.24 Mn |
| Mar 31, 2022 | 13.49 Mn |
| Dec 31, 2021 | 14.43 Mn |
| Sep 30, 2021 | 14.32 Mn |
API Access
Farmers & Merchants Bancorp Inc Operating Expenses 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=operating-expenses&ticker=FMAO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "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=operating-expenses&ticker=FMAO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();