Farmers & Merchants Bancorp (FMAO) Research & Development (2010 - 2026)
Farmers & Merchants Bancorp's (FMAO) quarterly Research & Development came in at $994000.0 in Q1 2026, up 78.46% year-on-year from $557000.0 in Q1 2025, and up 3.11% quarter-over-quarter from $964000.0 in Q4 2025.
Farmers & Merchants Bancorp (FMAO) Research & Development (2010 - 2026) Analysis & Trends
Farmers & Merchants Bancorp has disclosed Research & Development across 17 years of filings, most recently posting $994000.0 for Q1 2026.
- Research & Development for Q1 2026 came in at $994000.0, up 78.46% year-over-year; the trailing twelve-month figure through Mar 2026 was $4.1 million (up 174.2% YoY), and the FY2025 annual result was $3.7 million, up 154.8% from the prior year.
- Research & Development came in at $994000.0 for Q1 2026 at Farmers & Merchants Bancorp, up from $964000.0 in the prior quarter.
- In the past five years, Research & Development ranged from a high of $1.9 million in Q4 2022 to a low of $160000.0 in Q4 2024.
- The 5-year median for Research & Development is $781000.0 (2022), against an average of $778294.1.
- Across the five-year window, Research & Development sank 79.62% in 2024 and soared 502.5% in 2025, its largest moves.
- Farmers & Merchants Bancorp's Research & Development stood at $1.9 million in 2022, then sank by 59.05% to $785000.0 in 2023, then tumbled by 79.62% to $160000.0 in 2024, then jumped by 502.5% to $964000.0 in 2025, then increased by 3.11% to $994000.0 in 2026.
- The last three Research & Development figures came in at $994000.0 (Q1 2026), $964000.0 (Q4 2025), and $1.1 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 97,765.53 Bn | 97,765.53 Bn | - | - |
| 2 | Bank Bradesco | 6,846.93 Bn | 6,830.99 Bn | - | - |
| 3 | Lloyds Banking | 384.13 Bn | 384.40 Bn | - | - |
| 4 | First Capital | 215.78 Bn | 215.63 Bn | - | 1.10 Mn |
| 5 | Itau Unibanco Holding | 202.78 Bn | 202.78 Bn | - | - |
| 6 | Landmark Bancorp | 180.37 Bn | 180.34 Bn | - | 554,000.00 |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - | - |
| 8 | Shinhan Financial | 136.54 Bn | 104.11 Bn | - | - |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - | - |
| 10 | Farmers & Merchants Bancorp | 392.58 Mn | 206.43 Mn | - | 994,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 994,000.00 |
| Dec 31, 2025 | 964,000.00 |
| Sep 30, 2025 | 1.11 Mn |
| Jun 30, 2025 | 1.06 Mn |
| Mar 31, 2025 | 557,000.00 |
| Dec 31, 2024 | 160,000.00 |
| Sep 30, 2024 | 339,000.00 |
| Jun 30, 2024 | 448,000.00 |
| Mar 31, 2024 | 500,000.00 |
| Dec 31, 2023 | 785,000.00 |
| Sep 30, 2023 | 840,000.00 |
| Jun 30, 2023 | 796,000.00 |
| Mar 31, 2023 | 726,000.00 |
| Dec 31, 2022 | 1.92 Mn |
| Sep 30, 2022 | 781,000.00 |
| Jun 30, 2022 | 654,000.00 |
| Mar 31, 2022 | 604,000.00 |
| Dec 31, 2021 | 1.02 Mn |
| Sep 30, 2021 | 1.55 Mn |
| Jun 30, 2021 | 428,000.00 |