Farmers & Merchants Bancorp (FMAO) Operating Expenses (2010 - 2026)
Farmers & Merchants Bancorp's (FMAO) quarterly Operating Expenses came in at $19.8 million in Q1 2026, up 5.55% year-on-year from $18.8 million in Q1 2025, and up 3.93% quarter-over-quarter from $19.1 million in Q4 2025.
Farmers & Merchants Bancorp (FMAO) Operating Expenses (2010 - 2026) Analysis & Trends
Farmers & Merchants Bancorp has disclosed Operating Expenses across 17 years of filings, most recently posting $19.8 million for Q1 2026.
- Operating Expenses for Q1 2026 came in at $19.8 million, up 5.55% year-over-year; the trailing twelve-month figure through Mar 2026 was $77.9 million (up 11.85% YoY), and the FY2025 annual result was $76.8 million, up 11.83% from the prior year.
- Operating Expenses came in at $19.8 million for Q1 2026 at Farmers & Merchants Bancorp, up from $19.1 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $19.8 million in Q1 2026 to a low of $13.2 million in Q2 2022.
- The 5-year median for Operating Expenses is $17.3 million (2022), against an average of $17.1 million.
- Across the five-year window, Operating Expenses fell 5.94% in 2022 and rose 27.27% in 2023, its largest moves.
- Farmers & Merchants Bancorp's Operating Expenses stood at $17.3 million in 2022, then slipped by 5.34% to $16.4 million in 2023, then decreased by 1.89% to $16.1 million in 2024, then gained by 18.52% to $19.1 million in 2025, then rose by 3.93% to $19.8 million in 2026.
- The last three Operating Expenses figures came in at $19.8 million (Q1 2026), $19.1 million (Q4 2025), and $19.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 97,765.53 Bn | 97,765.53 Bn | - | -287,925.00 |
| 2 | Bank Bradesco | 6,846.93 Bn | 6,830.99 Bn | - | - |
| 3 | Lloyds Banking | 384.13 Bn | 384.40 Bn | - | -3.86 Bn |
| 4 | First Capital | 215.78 Bn | 215.63 Bn | - | 7.75 Mn |
| 5 | Itau Unibanco Holding | 202.78 Bn | 202.78 Bn | - | - |
| 6 | Landmark Bancorp | 180.37 Bn | 180.34 Bn | - | 11.90 Mn |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - | -2.75 Bn |
| 8 | Shinhan Financial | 136.54 Bn | 104.11 Bn | - | -1.06 Bn |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - | 137.67 Mn |
| 10 | Farmers & Merchants Bancorp | 392.58 Mn | 206.43 Mn | - | 19.80 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 13.06 Mn |