Farmers & Merchants Bancorp (FMAO) Research & Development (2010 - 2026)
Farmers & Merchants Bancorp's (FMAO) quarterly Research & Development came in at $778000.0 in Q2 2026, down 26.4% year-over-year from $1.1 million in Q2 2025, and down 21.73% quarter-over-quarter from $994000.0 in Q1 2026.
Analysis
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 $778000.0 for Q2 2026.
- In Q2 2026, Research & Development fell 26.4% year-over-year to $778000.0; the TTM figure through Jun 2026 stood at $3.8 million (up 81.97% YoY), while the FY2025 annual figure was $3.7 million, up 154.8% from the prior year.
- Research & Development came in at $778000.0 for Q2 2026 at Farmers & Merchants Bancorp, down from $994000.0 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.
- Average Research & Development over 5 years is $778277.8, with a median of $779500.0 recorded in 2022.
- Year-over-year, Research & Development plunged 79.62% in 2024 and jumped 502.5% in 2025.
- Over 5 years, Research & Development stood at $1.9 million in 2022, then tumbled by 59.05% to $785000.0 in 2023, then sank by 79.62% to $160000.0 in 2024, then jumped by 502.5% to $964000.0 in 2025, then fell by 19.29% to $778000.0 in 2026.
- Per Business Quant data, the three most recent Research & Development figures were $778000.0 in Q2 2026, $994000.0 in Q1 2026, and $964000.0 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 448.38 Bn | 568.32 Bn | - | - |
| 2 | Truist Financial | 63.10 Bn | 63.10 Bn | - | - |
| 3 | Fifth Third Bancorp | 49.74 Bn | 26.02 Bn | - | 250.00 Mn |
| 4 | M&T Bank | 34.66 Bn | 34.66 Bn | - | 154.00 Mn |
| 5 | Huntington Bancshares | 34.41 Bn | 29.92 Bn | - | 326.00 Mn |
| 6 | Citizens Financial | 29.91 Bn | 29.91 Bn | - | - |
| 7 | Regions Financial | 25.92 Bn | 25.99 Bn | - | - |
| 8 | Keycorp | 23.68 Bn | -24.02 Bn | - | 108.00 Mn |
| 9 | First Citizens Bancshares | 22.94 Bn | 22.41 Bn | 29.00 Mn | - |
| 10 | Farmers & Merchants Bancorp | 486.00 Mn | 329.61 Mn | - | 778,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 778,000.00 |
| 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 |