Farmers & Merchants Bancorp (FMCB) Tax Rate (2010 - 2026)
Farmers & Merchants Bancorp recorded quarterly Tax Rate of 25.67% in Q1 2026, down 3.45% quarter-over-quarter from 26.59% in Q4 2025, and down 321.0% year-over-year from 11.62% in Q1 2025.
Farmers & Merchants Bancorp's Tax Rate history runs 17 years deep, the most recent figure standing at 25.67% for Q1 2026.
- In Q1 2026, Tax Rate fell 321.0% year-over-year to 25.67%; the TTM figure through Mar 2026 stood at 26.5% (down 154.0% YoY), while the FY2025 annual figure was 27.31%, down 33.0% from the prior year.
- Tax Rate came in at 25.67% for Q1 2026 at Farmers & Merchants Bancorp, down from 26.59% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 45.41% in Q4 2023 to a low of 20.18% in Q1 2023.
- A 5-year average of 27.08% and a median of 26.43% in 2025 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate surged 1923 bps in 2023 and tumbled 1743 bps in 2024, its largest moves.
- Farmers & Merchants Bancorp's Tax Rate stood at 26.19% in 2022, then surged by 73 bps to 45.41% in 2023, then tumbled by 38 bps to 27.98% in 2024, then decreased by 5 bps to 26.59% in 2025, then slipped by 3 bps to 25.67% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 25.67%, 26.59%, and 27.33% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 90,891.20 Bn | 90,891.20 Bn | - | - |
| 2 | Bank Bradesco | 6,807.69 Bn | 6,791.75 Bn | - | - |
| 3 | Lloyds Banking | 426.28 Bn | 426.28 Bn | - | - |
| 4 | NatWest | 184.56 Bn | 184.56 Bn | - | - |
| 5 | First Capital | 181.18 Bn | 181.03 Bn | - | 19.21 |
| 6 | Landmark Bancorp | 164.67 Bn | 164.64 Bn | - | 19.83 |
| 7 | Deutsche Bank Aktiengesellschaft | 161.63 Bn | -151,939.28 Bn | - | 28.76 |
| 8 | KB Financial | 150.02 Bn | 142.15 Bn | - | 0.05 |
| 9 | Pnc Financial Services | 88.79 Bn | 88.84 Bn | - | 18.98 |
| 10 | Farmers & Merchants Bancorp | - | - | - | 25.67 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 25.67 |
| Mar 31, 2026 | 25.67 |
| Dec 31, 2025 | 26.59 |
| Dec 31, 2025 | 26.59 |
| Sep 30, 2025 | 27.33 |
| Sep 30, 2025 | 27.33 |
| Jun 30, 2025 | 26.43 |
| Jun 30, 2025 | 26.43 |
| Mar 31, 2025 | 28.88 |
| Mar 31, 2025 | 28.88 |
| Dec 31, 2024 | 27.98 |
| Dec 31, 2024 | 27.98 |
| Sep 30, 2024 | 27.51 |
| Sep 30, 2024 | 27.51 |
| Jun 30, 2024 | 27.75 |
| Jun 30, 2024 | 27.75 |
| Mar 31, 2024 | 27.33 |
| Mar 31, 2024 | 27.33 |
| Dec 31, 2023 | 45.41 |
| Dec 31, 2023 | 45.41 |
| Sep 30, 2023 | 25.51 |
| Sep 30, 2023 | 25.51 |
| Jun 30, 2023 | 25.21 |
| Jun 30, 2023 | 25.21 |
| Mar 31, 2023 | 20.18 |
| Mar 31, 2023 | 20.18 |
| Dec 31, 2022 | 26.19 |
| Dec 31, 2022 | 26.19 |
| Sep 30, 2022 | 25.27 |
| Sep 30, 2022 | 25.27 |
| Jun 30, 2022 | 22.18 |
| Jun 30, 2022 | 22.18 |
| Mar 31, 2022 | 24.96 |
| Mar 31, 2022 | 24.96 |
| Dec 31, 2021 | 25.20 |
| Dec 31, 2021 | 25.20 |
| Sep 30, 2021 | 25.10 |
| Sep 30, 2021 | 25.10 |
| Jun 30, 2021 | 24.49 |
| Jun 30, 2021 | 24.49 |
| Mar 31, 2021 | 24.76 |
| Mar 31, 2021 | 24.76 |
| Dec 31, 2020 | 25.48 |
| Dec 31, 2020 | 25.48 |
| Sep 30, 2020 | 25.03 |
| Sep 30, 2020 | 25.03 |
| Jun 30, 2020 | 24.06 |
| Jun 30, 2020 | 24.06 |
| Mar 31, 2020 | 23.92 |
| Mar 31, 2020 | 23.92 |
| Dec 31, 2019 | 25.59 |
| Dec 31, 2019 | 25.59 |
| Sep 30, 2019 | 25.33 |
| Sep 30, 2019 | 25.33 |
| Jun 30, 2019 | 25.79 |
| Jun 30, 2019 | 25.79 |
| Mar 31, 2019 | 25.66 |
| Mar 31, 2019 | 25.66 |
| Dec 31, 2018 | 24.62 |
| Dec 31, 2018 | 24.62 |
| Sep 30, 2018 | 19.97 |
| Sep 30, 2018 | 19.97 |
| Jun 30, 2018 | 25.38 |
| Jun 30, 2018 | 25.38 |
| Mar 31, 2018 | 25.27 |
| Mar 31, 2018 | 25.27 |
| Dec 31, 2017 | 76.00 |
| Dec 31, 2017 | 76.00 |
| Sep 30, 2017 | 36.82 |
| Sep 30, 2017 | 36.82 |
| Jun 30, 2017 | 36.51 |
| Jun 30, 2017 | 36.51 |
| Mar 31, 2017 | 36.16 |
| Mar 31, 2017 | 36.16 |
| Dec 31, 2016 | 30.61 |
| Dec 31, 2016 | 30.61 |
| Sep 30, 2016 | 37.40 |
| Sep 30, 2016 | 37.40 |
| Jun 30, 2016 | 36.25 |
| Jun 30, 2016 | 36.25 |
| Mar 31, 2016 | 36.01 |
| Mar 31, 2016 | 36.01 |
| Dec 31, 2015 | 33.82 |
| Dec 31, 2015 | 33.82 |
| Sep 30, 2015 | 38.25 |
| Sep 30, 2015 | 38.25 |
| Jun 30, 2015 | 38.29 |
| Jun 30, 2015 | 38.29 |
| Mar 31, 2015 | 38.12 |
| Mar 31, 2015 | 38.12 |
| Dec 31, 2014 | 11.68 |
| Dec 31, 2014 | 11.68 |
| Sep 30, 2014 | 37.46 |
| Sep 30, 2014 | 37.46 |
| Jun 30, 2014 | 37.00 |
| Jun 30, 2014 | 37.00 |
| Mar 31, 2014 | 36.47 |
| Mar 31, 2014 | 36.47 |
| Dec 31, 2013 | 53.99 |
| Dec 31, 2013 | 53.99 |
| Sep 30, 2013 | 37.46 |
| Sep 30, 2013 | 37.46 |
| Jun 30, 2013 | 37.03 |
| Jun 30, 2013 | 37.03 |
| Mar 31, 2013 | 37.67 |
| Mar 31, 2013 | 37.67 |
| Dec 31, 2012 | 38.41 |
| Dec 31, 2012 | 38.41 |
| Sep 30, 2012 | 37.67 |
| Sep 30, 2012 | 37.67 |
| Jun 30, 2012 | 36.41 |
| Jun 30, 2012 | 36.41 |
| Mar 31, 2012 | 37.21 |
| Mar 31, 2012 | 37.21 |
| Dec 31, 2011 | 50.11 |
| Dec 31, 2011 | 50.11 |
| Sep 30, 2011 | 36.96 |
| Sep 30, 2011 | 36.96 |
| Jun 30, 2011 | 34.56 |
| Jun 30, 2011 | 34.56 |
| Mar 31, 2011 | 37.10 |
| Mar 31, 2011 | 37.10 |
| Dec 31, 2010 | 35.89 |
| Dec 31, 2010 | 35.89 |
| Sep 30, 2010 | 37.51 |
| Sep 30, 2010 | 37.51 |
| Jun 30, 2010 | 34.62 |
| Jun 30, 2010 | 34.62 |