Farmers & Merchants Bancorp (FMCB) Operating Expenses (2010 - 2026)
Farmers & Merchants Bancorp (FMCB) posted Operating Expenses of $29.2 million for Q1 2026, down 0.79% sequentially from $29.4 million in Q4 2025, and up 14.38% YoY from $25.5 million in Q1 2025.
Farmers & Merchants Bancorp (FMCB) Operating Expenses (2010 - 2026) Analysis & Trends
Farmers & Merchants Bancorp has reported Operating Expenses for 17 years, with the latest figure at $29.2 million in Q1 2026.
- Quarterly Operating Expenses rose 14.38% year-over-year to $29.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $114.2 million (up 8.62% YoY) and the FY2025 annual result came in at $110.5 million, up 5.12% from the prior year.
- Operating Expenses slipped to $29.2 million in Q1 2026 per FMCB's latest filing, from $29.4 million in the prior quarter.
- Over five years, Operating Expenses peaked at $29.4 million in Q4 2025 and troughed at $22.4 million in Q4 2022.
- A 5-year average of $26.0 million and a median of $25.5 million in 2024 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses slipped 9.77% in 2022, then increased 18.48% in 2023.
- Over 5 years, Operating Expenses stood at $22.4 million in 2022, then grew by 11.18% to $24.9 million in 2023, then rose by 6.31% to $26.4 million in 2024, then climbed by 11.25% to $29.4 million in 2025, then retreated by 0.79% to $29.2 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $29.2 million, $29.4 million, and $28.9 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 119.58 Bn | 83.39 Bn | - | - |
| 2 | Pnc Financial Services | 97.75 Bn | 97.75 Bn | - | 4.10 Bn |
| 3 | Us Bancorp | 96.33 Bn | 96.33 Bn | - | 4.43 Bn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | -3.83 Bn |
| 5 | NatWest | 73.86 Bn | -145.23 Bn | - | -2.79 Bn |
| 6 | Deutsche Bank Aktiengesellschaft | 71.72 Bn | -81.60 Bn | - | 2.60 Bn |
| 7 | Nu Holdings | 68.51 Bn | 54.82 Bn | 2.35 Bn | -599.79 Mn |
| 8 | Truist Financial | 61.69 Bn | 61.69 Bn | - | 3.06 Bn |
| 9 | Fifth Third Bancorp | 49.73 Bn | 26.00 Bn | - | 2.11 Bn |
| 10 | Farmers & Merchants Bancorp | 985.46 Mn | 706.81 Mn | - | 28.14 Mn |
Historic Data
Download 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 |