Farmers & Merchants Bancorp (FMAO) Research & Development (2010 - 2026)

Farmers & Merchants Bancorp (FMAO) reported Research & Development of $994000.0 for Q1 2026, up 78.46% on a YoY basis from $557000.0 in Q1 2025, and up 3.11% sequentially from $964000.0 in Q4 2025.

Farmers & Merchants Bancorp (FMAO) Research & Development (2010 - 2026) Analysis & Trends

Farmers & Merchants Bancorp (FMAO) has 17 years of Research & Development data on file, last reported at $994000.0 in Q1 2026.

  • For the quarter ending Q1 2026, Research & Development rose 78.46% year-over-year to $994000.0; the trailing twelve-month figure through Mar 2026 stood at $4.1 million (up 174.2% YoY), and the FY2025 full-year result was $3.7 million, up 154.8% from the prior year.
  • Research & Development rose to $994000.0 in Q1 2026, 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.
  • A 5-year average of $778294.1 and a median of $781000.0 in 2022 frame the typical range for Research & Development.
  • Across the five-year window, Research & Development tumbled 79.62% in 2024 and soared 502.5% in 2025, its largest moves.
  • Tracing FMAO's Research & Development over 5 years: stood at $1.9 million in 2022, then slumped by 59.05% to $785000.0 in 2023, then plunged by 79.62% to $160000.0 in 2024, then soared by 502.5% to $964000.0 in 2025, then grew by 3.11% to $994000.0 in 2026.
  • Business Quant data shows FMAO's Research & Development at $994000.0 in Q1 2026, $964000.0 in Q4 2025, and $1.1 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 KB Financial 42,090.38 Bn 42,090.38 Bn -786,828.77 -
2 Shinhan Financial 33,919.15 Bn 33,919.15 Bn - -
3 Bank Of Chile 4,123.52 Bn 4,123.52 Bn 167,623.00 -
4 Lloyds Banking 360.83 Bn 360.83 Bn - -
5 First Capital 204.17 Bn 203.82 Bn - 1.10 Mn
6 Landmark Bancorp 187.97 Bn 187.94 Bn - 554,000.00
7 NatWest 144.82 Bn -51.17 Bn - -
8 Pnc Financial Services 101.80 Bn 101.80 Bn - -
9 Us Bancorp 99.51 Bn 99.51 Bn - 573.00 Mn
10 Farmers & Merchants Bancorp 426.53 Mn 253.06 Mn - 994,000.00

Historic Data

Download Data
DateValue
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