Farmers & Merchants Bancshares (FMFG) Long-Term Deferred Tax (2016 - 2026)
Farmers & Merchants Bancshares' Long-Term Deferred Tax was $6.4 million in Q2 2026, down 10.1% from $7.12 million a year earlier and down 1.6% from the prior quarter.
Farmers & Merchants Bancshares (FMFG) Long-Term Deferred Tax (2016 - 2026) Analysis & Trends
At the end of FY2025, Long-Term Deferred Tax at Farmers & Merchants Bancshares came in at $6.28 million, down 17.5% from FY2024.
- Long-Term Deferred Tax has now declined for three consecutive years, though with a five-year compound annual growth rate of 38.8% (FY2020 to FY2025).
- In earlier years, Long-Term Deferred Tax was $7.61 million in FY2024 (-8.5%), $8.31 million in FY2023 (-1.0%), $8.39 million in FY2022 (+285.4%) and $2.18 million in FY2021 (+78.5%).
- Quarterly Long-Term Deferred Tax has moved between $1.61 million (Q3 2021) and $9.9 million (Q3 2023) over five years.
- Compared with a year earlier, Long-Term Deferred Tax has declined for nine straight quarters, with an average decline of 13.6% over the last eight quarters.
- The best year-over-year quarter for Long-Term Deferred Tax over five years was Q3 2022 (growth of 418.4%); the worst was Q3 2024 (a decline of 32.0%).
- Per Business Quant data, FMFG's Long-Term Deferred Tax in the three quarters before Q2 2026 was $6.51 million (Q1 2026), $6.28 million (Q4 2025) and $6.41 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Jpmorgan Chase | 879.54 Bn | 909.01 Bn | - |
| 2 | Banco Santander Chile | 418.48 Bn | 538.42 Bn | - |
| 3 | Bank Of America | 381.92 Bn | -1,994.15 Bn | - |
| 4 | Hsbc Holdings | 341.10 Bn | 341.15 Bn | - |
| 5 | Morgan Stanley | 295.71 Bn | -213.38 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 | - |
| 9 | Wells Fargo & Company | 242.61 Bn | 244.75 Bn | - |
| 10 | Farmers & Merchants Bancshares | 61.21 Mn | 59.01 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.40 Mn |
| Mar 31, 2026 | 6.51 Mn |
| Dec 31, 2025 | 6.28 Mn |
| Sep 30, 2025 | 6.41 Mn |
| Jun 30, 2025 | 7.12 Mn |
| Mar 31, 2025 | 7.25 Mn |
| Dec 31, 2024 | 7.61 Mn |
| Sep 30, 2024 | 6.74 Mn |
| Jun 30, 2024 | 8.06 Mn |
| Mar 31, 2024 | 8.44 Mn |
| Dec 31, 2023 | 8.31 Mn |
| Sep 30, 2023 | 9.90 Mn |
| Jun 30, 2023 | 8.75 Mn |
| Mar 31, 2023 | 8.00 Mn |
| Dec 31, 2022 | 8.39 Mn |
| Sep 30, 2022 | 8.35 Mn |
| Jun 30, 2022 | 6.71 Mn |
| Mar 31, 2022 | 4.63 Mn |
| Dec 31, 2021 | 2.18 Mn |
| Sep 30, 2021 | 1.61 Mn |
Farmers & Merchants Bancshares Long-Term Deferred Tax 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=long-term-deferred-tax&ticker=FMFG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "long-term-deferred-tax", "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=long-term-deferred-tax&ticker=FMFG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();