Farmers & Merchants Bancshares (FMFG) Net Income (2016 - 2026)
Farmers & Merchants Bancshares' Net Income came in at $1.9 million for Q2 2026, up 58.1% from $1.2 million a year earlier and up 3.9% from the prior quarter.
Farmers & Merchants Bancshares (FMFG) Net Income (2016 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Farmers & Merchants Bancshares reported Net Income of $7.12 million, up 64.0% year-over-year; for FY2025, it came in at $5.77 million, up 34.8% from FY2024.
- Net Income carries a five-year compound annual growth rate of 16.5% (FY2020 to FY2025).
- Going back by year, Net Income was $4.28 million in FY2024 (-33.3%), $6.42 million in FY2023 (-20.7%), $8.09 million in FY2022 (-0.7%) and $8.15 million in FY2021 (+203.9%).
- The Q2 2026 figure represents the highest quarterly Net Income since Q1 2023.
- Year-over-year, Net Income has increased for five consecutive quarters, with growth averaging 26.3% over the last eight quarters.
- The fastest year-over-year change in Net Income over five years came in Q3 2021 (growth of 451.0%), and the weakest in Q4 2024 (a decline of 39.4%).
- Business Quant data shows FMFG's Net Income at $1.83 million (Q1 2026), $1.7 million (Q4 2025) and $1.71 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 879.54 Bn | 909.01 Bn | - | 21.16 Bn |
| 2 | Banco Santander Chile | 418.48 Bn | 538.42 Bn | - | 228.63 Bn |
| 3 | Bank Of America | 381.92 Bn | -1,994.15 Bn | - | 9.07 Bn |
| 4 | Hsbc Holdings | 341.10 Bn | 341.15 Bn | - | - |
| 5 | Morgan Stanley | 295.71 Bn | -213.38 Bn | - | 5.65 Bn |
| 6 | Royal Bank Of Canada | 275.38 Bn | 126.13 Bn | - | 4.32 Bn |
| 7 | Mitsubishi Ufj Financial | 273.79 Bn | -1,314.70 Bn | 10.89 Bn | 5.85 Bn |
| 8 | Goldman Sachs | 262.78 Bn | -3,294.34 Bn | - | 6.63 Bn |
| 9 | Wells Fargo & Company | 242.61 Bn | 244.75 Bn | - | 6.65 Bn |
| 10 | Farmers & Merchants Bancshares | 61.21 Mn | 59.01 Mn | - | 1.90 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.90 Mn |
| Mar 31, 2026 | 1.83 Mn |
| Dec 31, 2025 | 1.70 Mn |
| Sep 30, 2025 | 1.71 Mn |
| Jun 30, 2025 | 1.20 Mn |
| Mar 31, 2025 | 1.17 Mn |
| Dec 31, 2024 | 857,000.00 |
| Sep 30, 2024 | 1.12 Mn |
| Jun 30, 2024 | 1.08 Mn |
| Mar 31, 2024 | 1.22 Mn |
| Dec 31, 2023 | 1.41 Mn |
| Sep 30, 2023 | 1.43 Mn |
| Jun 30, 2023 | 1.67 Mn |
| Mar 31, 2023 | 1.90 Mn |
| Dec 31, 2022 | 2.01 Mn |
| Sep 30, 2022 | 1.97 Mn |
| Jun 30, 2022 | 2.05 Mn |
| Mar 31, 2022 | 2.05 Mn |
| Dec 31, 2021 | 1.97 Mn |
| Sep 30, 2021 | 2.12 Mn |
Farmers & Merchants Bancshares Net Income 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=net-income&ticker=FMFG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-income", "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=net-income&ticker=FMFG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();