Farmers & Merchants Bancorp (FMCB) Operating Expenses (2010 - 2026)
Farmers & Merchants Bancorp's (FMCB) quarterly Operating Expenses came in at $28.1 million in Q2 2026, up 5.59% year-over-year from $26.7 million in Q2 2025, and down 3.56% quarter-over-quarter from $29.2 million in Q1 2026.
Analysis
Farmers & Merchants Bancorp (FMCB) Operating Expenses (2010 - 2026) Analysis & Trends
Farmers & Merchants Bancorp has disclosed Operating Expenses across 17 years of filings, most recently posting $28.1 million for Q2 2026.
- In Q2 2026, Operating Expenses rose 5.59% year-over-year to $28.1 million; the TTM figure through Jun 2026 stood at $115.7 million (up 8.77% YoY), while the FY2025 annual figure was $110.5 million, up 5.12% from the prior year.
- Operating Expenses came in at $28.1 million for Q2 2026 at Farmers & Merchants Bancorp, down from $29.2 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $29.4 million in Q4 2025 to a low of $22.4 million in Q4 2022.
- Average Operating Expenses over 5 years is $26.2 million, with a median of $26.0 million recorded in 2024.
- Year-over-year, Operating Expenses decreased 9.77% in 2022 and grew 18.48% in 2023.
- Over 5 years, Operating Expenses stood at $22.4 million in 2022, then advanced by 11.18% to $24.9 million in 2023, then grew by 6.31% to $26.4 million in 2024, then gained by 11.25% to $29.4 million in 2025, then slipped by 4.32% to $28.1 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $28.1 million in Q2 2026, $29.2 million in Q1 2026, and $29.4 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 424.88 Bn | 544.83 Bn | - | -259.95 Bn |
| 2 | Truist Financial | 59.29 Bn | 59.29 Bn | - | 3.06 Bn |
| 3 | Fifth Third Bancorp | 47.98 Bn | 24.26 Bn | - | 2.11 Bn |
| 4 | M&T Bank | 32.82 Bn | 32.82 Bn | - | 1.35 Bn |
| 5 | Huntington Bancshares | 32.08 Bn | 27.60 Bn | - | 1.81 Bn |
| 6 | Citizens Financial | 28.34 Bn | 28.34 Bn | - | 1.39 Bn |
| 7 | Regions Financial | 24.27 Bn | 24.34 Bn | - | 1.12 Bn |
| 8 | Keycorp | 22.19 Bn | -25.51 Bn | - | 1.22 Bn |
| 9 | First Citizens Bancshares | 21.93 Bn | 21.41 Bn | 29.00 Mn | 1.55 Bn |
| 10 | Farmers & Merchants Bancorp | 998.00 Mn | 719.36 Mn | - | 28.14 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 28.14 Mn |
| Mar 31, 2026 | 29.18 Mn |
| Dec 31, 2025 | 29.41 Mn |
| Sep 30, 2025 | 28.95 Mn |
| Jun 30, 2025 | 26.65 Mn |
| Mar 31, 2025 | 25.51 Mn |
| Dec 31, 2024 | 26.43 Mn |
| Sep 30, 2024 | 27.76 Mn |
| Jun 30, 2024 | 25.42 Mn |
| Mar 31, 2024 | 25.52 Mn |
| Dec 31, 2023 | 24.87 Mn |
| Sep 30, 2023 | 24.47 Mn |
| Jun 30, 2023 | 26.82 Mn |
| Mar 31, 2023 | 28.18 Mn |
| Dec 31, 2022 | 22.37 Mn |
| Sep 30, 2022 | 24.38 Mn |
| Jun 30, 2022 | 23.03 Mn |
| Mar 31, 2022 | 23.79 Mn |
| Dec 31, 2021 | 24.03 Mn |
| Sep 30, 2021 | 20.59 Mn |