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

Farmers & Merchants Bancshares (FMFG) has reported Operating Expenses for 11 consecutive years, with $4.8 million the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Operating Expenses rose 1.31% year-over-year to $4.8 million; the trailing twelve-month figure through Jun 2026 stood at $18.6 million (up 3.79% YoY), and the FY2025 full-year result was $18.3 million, up 8.07% from the prior year.
• Operating Expenses improved to $4.8 million in Q2 2026 per FMFG's latest filing, from $4.7 million in the prior quarter.
• Across five years, Operating Expenses topped out at $4.8 million in Q2 2026 and bottomed at $3.6 million in Q2 2022.
• Historically, Operating Expenses has averaged $4.2 million across 5 years, with a median of $4.1 million in 2024.
• The sharpest annual moves came in 2023 and 2024: Operating Expenses decreased 6.2% in 2023, then gained 16.92% in 2024.
• Over 5 years, Operating Expenses stood at $4.2 million in 2022, then slipped by 6.2% to $4.0 million in 2023, then increased by 16.92% to $4.6 million in 2024, then rose by 0.78% to $4.7 million in 2025, then climbed by 2.88% to $4.8 million in 2026.
• According to Business Quant data, Operating Expenses over the past three periods registered $4.8 million, $4.7 million, and $4.7 million for Q2 2026, Q1 2026, and Q4 2025 respectively.