Farmers & Merchants Bancorp (FMAO) Research & Development (2010 - 2026)
Farmers & Merchants Bancorp (FMAO) posted Research & Development of $778000.0 for Q2 2026, down 21.73% sequentially from $994000.0 in Q1 2026, and down 26.4% YoY from $1.1 million in Q2 2025.
Farmers & Merchants Bancorp (FMAO) Research & Development (2010 - 2026) Analysis & Trends
Farmers & Merchants Bancorp has reported Research & Development for 17 years, with the latest figure at $778000.0 in Q2 2026.
- Quarterly Research & Development fell 26.4% year-over-year to $778000.0 in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $3.8 million (up 81.97% YoY) and the FY2025 annual result came in at $3.7 million, up 154.8% from the prior year.
- Research & Development declined to $778000.0 in Q2 2026 per FMAO's latest filing, from $994000.0 in the prior quarter.
- Over five years, Research & Development peaked at $1.9 million in Q4 2022 and troughed at $160000.0 in Q4 2024.
- A 5-year average of $778277.8 and a median of $779500.0 in 2022 frame the typical range for Research & Development.
- The sharpest annual moves came in 2024 and 2025: Research & Development sank 79.62% in 2024, then surged 502.5% in 2025.
- Over 5 years, 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 soared by 502.5% to $964000.0 in 2025, then decreased by 19.29% to $778000.0 in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $778000.0, $994000.0, and $964000.0 for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 119.58 Bn | 83.39 Bn | - | - |
| 2 | Pnc Financial Services | 97.75 Bn | 97.75 Bn | - | - |
| 3 | Us Bancorp | 96.33 Bn | 96.33 Bn | - | 601.00 Mn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 73.86 Bn | -145.23 Bn | - | - |
| 6 | Deutsche Bank Aktiengesellschaft | 71.72 Bn | -81.60 Bn | - | - |
| 7 | Nu Holdings | 68.51 Bn | 54.82 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.69 Bn | 61.69 Bn | - | - |
| 9 | Fifth Third Bancorp | 49.73 Bn | 26.00 Bn | - | 250.00 Mn |
| 10 | Farmers & Merchants Bancorp | 459.56 Mn | 303.17 Mn | - | 778,000.00 |
Historic Data
Download 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 |