Farmers & Merchants Bancorp (FMCB) Operating Expenses (2010 - 2026)
Farmers & Merchants Bancorp's Operating Expenses was $28.14 million in Q2 2026, up 5.6% from $26.65 million a year earlier but down 3.6% from the prior quarter.
Farmers & Merchants Bancorp (FMCB) Operating Expenses (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Farmers & Merchants Bancorp's Operating Expenses was $115.68 million through Jun 30, 2026, up 8.8% year-over-year; for FY2025, it came in at $110.52 million, up 5.1% from FY2024.
- Operating Expenses has now increased for 15 consecutive years, with a five-year compound annual growth rate of 6.0% (FY2020 to FY2025).
- In earlier years, Operating Expenses was $105.13 million in FY2024 (+0.8%), $104.34 million in FY2023 (+11.5%), $93.56 million in FY2022 (+2.0%) and $91.76 million in FY2021 (+11.4%).
- Quarterly Operating Expenses has moved between $20.59 million (Q3 2021) and $29.41 million (Q4 2025) over five years.
- Compared with a year earlier, Operating Expenses has increased for five straight quarters, with growth averaging 7.5% over the last eight quarters.
- The best year-over-year quarter for Operating Expenses over five years was Q1 2023 (growth of 18.5%); the worst was Q1 2022 (a decline of 9.8%).
- Per Business Quant data, FMCB's Operating Expenses in the three quarters before Q2 2026 was $29.18 million (Q1 2026), $29.41 million (Q4 2025) and $28.95 million (Q3 2025).
Peer Comparison
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 |
Farmers & Merchants Bancorp Operating Expenses 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=operating-expenses&ticker=FMCB&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "FMCB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=FMCB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();