Farmers & Merchants Bancorp FMAO
NASDAQ FMAO
$34.91 +0.06 (+0.17%)
As of: Sep 9, 2026 · 3:59 PM EDT

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

Historic Data

Download Data
DateValue
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