Farmers & Merchants Bancshares (FMFG) Interest Coverage Ratio (2016 - 2026)
Farmers & Merchants Bancshares' (FMFG) Interest Coverage Ratio stood at 1.59 in Q2 2026, up 18.4% from 1.34 a year earlier and up 1.8% from the prior quarter.
Farmers & Merchants Bancshares (FMFG) Interest Coverage Ratio (2016 - 2026) Analysis & Trends
On a TTM basis, Farmers & Merchants Bancshares' Interest Coverage Ratio came in at 1.52 as of Jun 30, 2026, up 17.1% year-over-year; for FY2025, it came in at 1.41, up 7.3% from FY2024.
- Across earlier years, Interest Coverage Ratio came in at 1.31 in FY2024 (-29.0%), 1.85 in FY2023 (-68.8%), 5.93 in FY2022 (+24.2%) and 4.77 in FY2021.
- The Q2 2026 figure is the highest quarterly Interest Coverage Ratio since Q3 2023.
- On a year-over-year basis, Interest Coverage Ratio has increased for five consecutive quarters, with growth averaging 3.0% over the last eight quarters.
- Peak year-over-year performance for Interest Coverage Ratio in the last five years was growth of 258.6% in Q4 2021, against a decline of 72.8% in Q3 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 1.56 (Q1 2026), 1.48 (Q4 2025) and 1.47 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 895.36 Bn | 924.83 Bn | - | 2.10 |
| 2 | Banco Santander Chile | 425.01 Bn | 544.95 Bn | - | -2.12 |
| 3 | Bank Of America | 389.22 Bn | -1,986.85 Bn | - | 1.65 |
| 4 | Hsbc Holdings | 347.56 Bn | 347.61 Bn | - | - |
| 5 | Morgan Stanley | 304.44 Bn | -204.66 Bn | - | 1.56 |
| 6 | Royal Bank Of Canada | 281.54 Bn | 132.29 Bn | - | 1.43 |
| 7 | Mitsubishi Ufj Financial | 277.23 Bn | -1,311.26 Bn | 10.89 Bn | 0.56 |
| 8 | Goldman Sachs | 267.12 Bn | -3,289.99 Bn | - | 1.47 |
| 9 | Wells Fargo & Company | 244.76 Bn | 246.90 Bn | - | 1.73 |
| 10 | Farmers & Merchants Bancshares | 61.34 Mn | 59.14 Mn | - | 1.59 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.59 |
| Mar 31, 2026 | 1.56 |
| Dec 31, 2025 | 1.48 |
| Sep 30, 2025 | 1.47 |
| Jun 30, 2025 | 1.34 |
| Mar 31, 2025 | 1.34 |
| Dec 31, 2024 | 1.23 |
| Sep 30, 2024 | 1.31 |
| Jun 30, 2024 | 1.34 |
| Mar 31, 2024 | 1.40 |
| Dec 31, 2023 | 1.49 |
| Sep 30, 2023 | 1.67 |
| Jun 30, 2023 | 2.05 |
| Mar 31, 2023 | 2.83 |
| Dec 31, 2022 | 5.36 |
| Sep 30, 2022 | 6.16 |
| Jun 30, 2022 | 6.26 |
| Mar 31, 2022 | 6.06 |
| Dec 31, 2021 | 5.34 |
| Sep 30, 2021 | 5.12 |
Farmers & Merchants Bancshares Interest Coverage Ratio 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=interest-coverage-ratio&ticker=FMFG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "FMFG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=FMFG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();