Farmers & Merchants Bancorp (FMAO) Tax Rate (2010 - 2026)

Farmers & Merchants Bancorp has disclosed Tax Rate across 17 years of filings, most recently posting 22.35% for Q1 2026.

• Tax Rate for Q1 2026 came in at 22.35%, up 171.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 22.05% (up 172.0% YoY), and the FY2025 annual result was 21.97%, up 254.0% from the prior year.
• Tax Rate came in at 22.35% for Q1 2026 at Farmers & Merchants Bancorp, down from 23.69% in the prior quarter.
• In the past five years, Tax Rate ranged from a high of 23.69% in Q4 2025 to a low of 19.01% in Q3 2023.
• The 5-year median for Tax Rate is 20.33% (2023), against an average of 20.41%.
• Across the five-year window, Tax Rate tumbled 147 bps in 2022 and soared 330 bps in 2025, its largest moves.
• Farmers & Merchants Bancorp's Tax Rate stood at 19.18% in 2022, then climbed by 1 bps to 19.37% in 2023, then increased by 5 bps to 20.39% in 2024, then grew by 16 bps to 23.69% in 2025, then slipped by 6 bps to 22.35% in 2026.
• The last three Tax Rate figures came in at 22.35% (Q1 2026), 23.69% (Q4 2025), and 21.19% (Q3 2025), per Business Quant data.