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Farmers & Merchants Bancorp (FMAO) Research & Development: 2009-2024

Historic Research & Development for Farmers & Merchants Bancorp (FMAO) over the last 16 years, with Dec 2024 value amounting to $1.4 million.

  • Farmers & Merchants Bancorp's Research & Development rose 227.14% to $1.1 million in Q3 2025 from the same period last year, while for Sep 2025 it was $2.9 million, marking a year-over-year increase of 39.14%. This contributed to the annual value of $1.4 million for FY2024, which is 54.02% down from last year.
  • Latest data reveals that Farmers & Merchants Bancorp reported Research & Development of $1.4 million as of FY2024, which was down 54.02% from $3.1 million recorded in FY2023.
  • Farmers & Merchants Bancorp's Research & Development's 5-year high stood at $4.0 million during FY2022, with a 5-year trough of $1.4 million in FY2024.
  • For the 3-year period, Farmers & Merchants Bancorp's Research & Development averaged around $2.9 million, with its median value being $3.1 million (2023).
  • Per our database at Business Quant, Farmers & Merchants Bancorp's Research & Development skyrocketed by 98.02% in 2021 and then tumbled by 54.02% in 2024.
  • Yearly analysis of 5 years shows Farmers & Merchants Bancorp's Research & Development stood at $1.8 million in 2020, then skyrocketed by 98.02% to $3.5 million in 2021, then increased by 13.00% to $4.0 million in 2022, then decreased by 20.45% to $3.1 million in 2023, then tumbled by 54.02% to $1.4 million in 2024.