Farmers & Merchants Bancshares (FMFG) Receivables (2020 - 2022)
Farmers & Merchants Bancshares' (FMFG) quarterly Receivables came in at $86.4 million in Q4 2022, down 14.08% on a YoY basis from $100.5 million in Q4 2021, and down 2.16% quarter-over-quarter from $88.3 million in Q3 2022.
Analysis
Farmers & Merchants Bancshares (FMFG) Receivables (2020 - 2022) Analysis & Trends
Farmers & Merchants Bancshares (FMFG) has reported Receivables for 3 consecutive years, with $86.4 million the latest figure, recorded in Q4 2022.
- For the quarter ending Q4 2022, Receivables fell 14.08% year-over-year to $86.4 million; the trailing twelve-month figure through Dec 2022 stood at $86.4 million (down 14.08% YoY), and the FY2022 full-year result was $86.4 million, down 14.08% from the prior year.
- Receivables eased to $86.4 million in Q4 2022 per FMFG's latest filing, from $88.3 million in the prior quarter.
- Across five years, Receivables topped out at $134.3 million in Q4 2020 and bottomed at $86.4 million in Q4 2022.
- Historically, Receivables has averaged $105.8 million across 3 years, with a median of $100.5 million in 2021.
- The sharpest annual moves came in 2021 and 2022: Receivables decreased 25.18% in 2021, then retreated 14.08% in 2022.
- Over 3 years, Receivables stood at $134.3 million in 2020, then fell by 25.18% to $100.5 million in 2021, then decreased by 14.08% to $86.4 million in 2022.
- According to Business Quant data, Receivables over the past three periods registered $86.4 million, $88.3 million, and $90.7 million for Q4 2022, Q3 2022, and Q2 2022 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 953.54 Bn | 953.54 Bn | - | - |
| 2 | Truist Financial | 61.08 Bn | 61.08 Bn | - | - |
| 3 | Fifth Third Bancorp | 49.14 Bn | 25.42 Bn | - | - |
| 4 | M&T Bank | 34.48 Bn | 34.48 Bn | - | - |
| 5 | Huntington Bancshares | 33.36 Bn | 28.83 Bn | - | - |
| 6 | Citizens Financial | 29.13 Bn | 29.13 Bn | - | - |
| 7 | Regions Financial | 25.28 Bn | 25.28 Bn | - | - |
| 8 | First Citizens Bancshares | 24.58 Bn | 24.05 Bn | 29.00 Mn | - |
| 9 | Keycorp | 23.09 Bn | -24.61 Bn | - | - |
| 10 | Farmers & Merchants Bancshares | 61.05 Mn | -1.06 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2022 | 86.36 Mn |
| Sep 30, 2022 | 88.27 Mn |
| Jun 30, 2022 | 90.68 Mn |
| Mar 31, 2022 | 95.86 Mn |
| Dec 31, 2021 | 100.52 Mn |
| Sep 30, 2021 | 109.91 Mn |
| Jun 30, 2021 | 119.56 Mn |
| Mar 31, 2021 | 126.89 Mn |
| Dec 31, 2020 | 134.35 Mn |