Farmers & Merchants Bancshares (FMFG) Operating Expenses (2016 - 2026)

Farmers & Merchants Bancshares (FMFG) has 11 years of Operating Expenses data on file, last reported at $4.7 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Expenses rose 5.42% year-over-year to $4.7 million; the trailing twelve-month figure through Mar 2026 stood at $18.5 million (up 7.08% YoY), and the FY2025 full-year result was $18.3 million, up 8.07% from the prior year.
• Operating Expenses for Q1 2026 stood at $4.7 million, up from $4.7 million in the prior quarter.
• Across five years, Operating Expenses topped out at $4.7 million in Q1 2026 and bottomed at $3.6 million in Q2 2022.
• The 5-year median for Operating Expenses is $4.1 million (2024), against an average of $4.1 million.
• The widest annual swing landed in 2023, when Operating Expenses retreated 6.2%; it then rose 16.92% in 2024.
• A 5-year view of Operating Expenses shows it stood at $4.2 million in 2022, then decreased by 6.2% to $4.0 million in 2023, then grew by 16.92% to $4.6 million in 2024, then increased by 0.78% to $4.7 million in 2025, then advanced by 1.8% to $4.7 million in 2026.
• The last three Operating Expenses figures came in at $4.7 million (Q1 2026), $4.7 million (Q4 2025), and $4.4 million (Q3 2025), per Business Quant data.

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