Farmers & Merchants Bancshares (FMFG) Interest Expense - Debt (2016 - 2024)
Farmers & Merchants Bancshares (FMFG) reported Interest Expense - Debt of $402,000 for Q4 2024, down 6.8% from $431,237 a year earlier and down 38.0% from the prior quarter.
Farmers & Merchants Bancshares (FMFG) Interest Expense - Debt (2016 - 2024) Analysis & Trends
For FY2024, Farmers & Merchants Bancshares posted Interest Expense - Debt of $2.31 million, up 181.0% from FY2023.
- Interest Expense - Debt has a five-year compound annual growth rate of 119.5% (FY2019 to FY2024).
- By year, Interest Expense - Debt came in at $823,000 in FY2023, $762,798 in FY2021 (+243.0%) and $222,365 in FY2020 (+390.3%).
- The Q4 2024 figure ranks as the lowest quarterly Interest Expense - Debt since Q3 2023.
- The high point for year-over-year Interest Expense - Debt in five years was Q3 2024 (growth of 71.2%); the low point was Q1 2023 (a decline of 99.9%).
- Per Business Quant data, the three quarters before Q4 2024 came in at $648,000 (Q3 2024), $641,000 (Q2 2024) and $622,000 (Q1 2024).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense - Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 879.54 Bn | 909.01 Bn | - | 4.47 Bn |
| 2 | Banco Santander Chile | 418.48 Bn | 538.42 Bn | - | - |
| 3 | Bank Of America | 381.92 Bn | -1,994.15 Bn | - | 3.10 Bn |
| 4 | Hsbc Holdings | 341.10 Bn | 341.15 Bn | - | - |
| 5 | Morgan Stanley | 295.71 Bn | -213.38 Bn | - | 3.41 Bn |
| 6 | Royal Bank Of Canada | 275.38 Bn | 126.13 Bn | - | - |
| 7 | Mitsubishi Ufj Financial | 273.79 Bn | -1,314.70 Bn | 10.89 Bn | - |
| 8 | Goldman Sachs | 262.78 Bn | -3,294.34 Bn | - | 2.62 Bn |
| 9 | Wells Fargo & Company | 242.61 Bn | 244.75 Bn | - | 2.39 Bn |
| 10 | Farmers & Merchants Bancshares | 61.21 Mn | 59.01 Mn | - | - |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2024 | 402,000.00 |
| Sep 30, 2024 | 648,000.00 |
| Jun 30, 2024 | 641,000.00 |
| Mar 31, 2024 | 622,000.00 |
| Dec 31, 2023 | 431,237.00 |
| Sep 30, 2023 | 378,500.00 |
| Jun 30, 2023 | 13,000.00 |
| Mar 31, 2023 | 263.00 |
| Mar 31, 2022 | 183,825.00 |
| Dec 31, 2021 | 192,256.00 |
| Sep 30, 2021 | 192,255.00 |
| Jun 30, 2021 | 190,181.00 |
| Mar 31, 2021 | 188,106.00 |
| Dec 31, 2020 | 196,639.00 |
| Sep 30, 2020 | 12,752.00 |
| Jun 30, 2020 | 12,865.00 |
| Mar 31, 2020 | 109.00 |
| Dec 31, 2019 | 2,835.00 |
| Sep 30, 2019 | 10,769.00 |
| Jun 30, 2019 | 11,195.00 |
Farmers & Merchants Bancshares Interest Expense - Debt 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-expense-debt&ticker=FMFG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expense-debt", "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-expense-debt&ticker=FMFG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();