Farmers & Merchants Bancorp (FMCB) Non Operating Interest Expenses (2010 - 2024)
Farmers & Merchants Bancorp's (FMCB) quarterly Non Operating Interest Expenses came in at $14.9 million in Q1 2024, up 281.79% year-over-year from $3.9 million in Q2 2023, and up 9.83% quarter-over-quarter from $13.6 million in Q4 2023.
Analysis
Farmers & Merchants Bancorp (FMCB) Non Operating Interest Expenses (2010 - 2024) Analysis & Trends
Farmers & Merchants Bancorp has disclosed Non Operating Interest Expenses across 15 years of filings, most recently posting $14.9 million for Q1 2024.
- In Q1 2024, Non Operating Interest Expenses rose 281.79% year-over-year to $14.9 million; the TTM figure through Mar 2024 stood at $49.4 million (up 527.93% YoY), while the FY2023 annual figure was $38.4 million, up 692.75% from the prior year.
- Non Operating Interest Expenses came in at $14.9 million for Q1 2024 at Farmers & Merchants Bancorp, up from $13.6 million in the prior quarter.
- In the past five years, Non Operating Interest Expenses ranged from a high of $14.9 million in Q1 2024 to a low of $885000.0 in Q1 2022.
- Average Non Operating Interest Expenses over 5 years is $4.2 million, with a median of $1.7 million recorded in 2022.
- Year-over-year, Non Operating Interest Expenses slumped 59.67% in 2021 and surged 877.07% in 2023.
- Over 5 years, Non Operating Interest Expenses stood at $1.6 million in 2020, then sank by 43.36% to $896000.0 in 2021, then jumped by 92.3% to $1.7 million in 2022, then soared by 688.86% to $13.6 million in 2023, then advanced by 9.83% to $14.9 million in 2024.
- Per Business Quant data, the three most recent Non Operating Interest Expenses figures were $14.9 million in Q1 2024, $13.6 million in Q4 2023, and $12.3 million in Q3 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 950.85 Bn | 950.85 Bn | - | -467.75 Bn |
| 2 | Truist Financial | 61.46 Bn | 61.46 Bn | - | 224.00 Mn |
| 3 | Fifth Third Bancorp | 49.43 Bn | 25.71 Bn | - | - |
| 4 | M&T Bank | 34.72 Bn | 34.72 Bn | - | - |
| 5 | Huntington Bancshares | 33.60 Bn | 29.07 Bn | - | - |
| 6 | Citizens Financial | 29.31 Bn | 29.31 Bn | - | - |
| 7 | Regions Financial | 25.53 Bn | 25.53 Bn | - | - |
| 8 | First Citizens Bancshares | 24.60 Bn | 24.07 Bn | 29.00 Mn | - |
| 9 | Keycorp | 23.26 Bn | -24.44 Bn | - | - |
| 10 | Farmers & Merchants Bancorp | 990.17 Mn | 711.53 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 14.93 Mn |
| Dec 31, 2023 | 13.59 Mn |
| Sep 30, 2023 | 12.27 Mn |
| Jun 30, 2023 | 8.60 Mn |
| Mar 31, 2023 | 3.91 Mn |
| Dec 31, 2022 | 1.72 Mn |
| Sep 30, 2022 | 1.26 Mn |
| Jun 30, 2022 | 976,000.00 |
| Mar 31, 2022 | 885,000.00 |
| Dec 31, 2021 | 896,000.00 |
| Sep 30, 2021 | 1.01 Mn |
| Jun 30, 2021 | 1.11 Mn |
| Mar 31, 2021 | 1.32 Mn |
| Dec 31, 2020 | 1.58 Mn |
| Sep 30, 2020 | 2.09 Mn |
| Jun 30, 2020 | 2.55 Mn |
| Mar 31, 2020 | 3.26 Mn |
| Dec 31, 2019 | 3.45 Mn |
| Sep 30, 2019 | 3.53 Mn |
| Jun 30, 2019 | 3.25 Mn |