Farmers & Merchants Bancorp Inc (FMAO) Tax Rate (2010 - 2026)
Farmers & Merchants Bancorp (FMAO) recorded Tax Rate of 20.10% in Q2 2026, down 0.40 percentage points from 20.50% a year earlier and down 2.25 percentage points from the prior quarter.
Farmers & Merchants Bancorp Inc (FMAO) Tax Rate (2010 - 2026) Analysis & Trends
On a TTM basis, Farmers & Merchants Bancorp's Tax Rate came in at 21.78% as of Jun 30, 2026, up 1.47 percentage points year-over-year; for FY2025, it was 21.67%, up 1.30 percentage points from FY2024.
- Annual Tax Rate has a five-year change of +1.40 percentage points (FY2020 to FY2025).
- Across earlier years, Tax Rate came in at 20.37% in FY2024 (+0.74 pp), 19.63% in FY2023 (-0.03 pp), 19.67% in FY2022 (-0.68 pp) and 20.35% in FY2021 (+0.07 pp).
- The Q2 2026 figure is the lowest quarterly Tax Rate since Q3 2024.
- On a year-over-year basis, Tax Rate rose in five of the last eight quarters, with an average year-over-year change of +0.92 percentage points.
- Peak year-over-year performance for Tax Rate in the last five years was a gain of 3.30 percentage points in Q4 2025, against a drop of 1.47 percentage points in Q4 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 22.35% (Q1 2026), 23.69% (Q4 2025) and 21.19% (Q3 2025).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.10% |
| Mar 31, 2026 | 22.35% |
| Dec 31, 2025 | 23.69% |
| Sep 30, 2025 | 21.19% |
| Jun 30, 2025 | 20.50% |
| Mar 31, 2025 | 20.64% |
| Dec 31, 2024 | 20.39% |
| Sep 30, 2024 | 19.64% |
| Jun 30, 2024 | 20.63% |
| Mar 31, 2024 | 20.94% |
| Dec 31, 2023 | 19.37% |
| Sep 30, 2023 | 19.01% |
| Jun 30, 2023 | 20.33% |
| Mar 31, 2023 | 19.67% |
| Dec 31, 2022 | 19.18% |
| Sep 30, 2022 | 20.10% |
| Jun 30, 2022 | 19.86% |
| Mar 31, 2022 | 19.41% |
| Dec 31, 2021 | 20.65% |
| Sep 30, 2021 | 21.53% |
Farmers & Merchants Bancorp Inc Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=FMAO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "FMAO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=FMAO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();