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| 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 |