Farmers & Merchants Bancshares (FMFG) Tax Rate (2016 - 2026)
Farmers & Merchants Bancshares posted quarterly Tax Rate of 25.84% for Q1 2026, up 451.0% year-on-year from 4.69% in Q1 2025, and up 307.68% on a QoQ basis from 12.44% in Q4 2025.
Farmers & Merchants Bancshares (FMFG) has 11 years of Tax Rate data on file, last reported at 25.84% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate rose 451.0% year-over-year to 25.84%; the trailing twelve-month figure through Mar 2026 stood at 205.5% (up 18337.0% YoY), and the FY2024 full-year result was 22.35%, up 308.0% from the prior year.
- Tax Rate for Q1 2026 stood at 25.84%, up from 12.44% in the prior quarter.
- Across five years, Tax Rate topped out at 25.95% in Q4 2022 and bottomed at 12.44% in Q4 2025.
- The 5-year median for Tax Rate is 22.47% (2022), against an average of 19.45%.
- The widest annual swing landed in 2024, when Tax Rate soared 2380 bps; it then plunged 3418 bps in 2025.
- A 5-year view of Tax Rate shows it stood at 25.95% in 2022, then tumbled by 108 bps to 2.07% in 2023, then surged by 1150 bps to 21.74% in 2024, then tumbled by 157 bps to 12.44% in 2025, then soared by 308 bps to 25.84% in 2026.
- The last three Tax Rate figures came in at 25.84% (Q1 2026), 12.44% (Q4 2025), and 21.31% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 90,891.20 Bn | 90,891.20 Bn | - | - |
| 2 | Bank Bradesco | 6,807.69 Bn | 6,791.75 Bn | - | - |
| 3 | Lloyds Banking | 426.28 Bn | 426.28 Bn | - | - |
| 4 | NatWest | 184.56 Bn | 184.56 Bn | - | - |
| 5 | First Capital | 181.18 Bn | 181.03 Bn | - | 19.21 |
| 6 | Landmark Bancorp | 164.67 Bn | 164.64 Bn | - | 19.83 |
| 7 | Deutsche Bank Aktiengesellschaft | 161.63 Bn | -151,939.28 Bn | - | 28.76 |
| 8 | KB Financial | 150.02 Bn | 142.15 Bn | - | 0.05 |
| 9 | Pnc Financial Services | 88.79 Bn | 88.84 Bn | - | 18.98 |
| 10 | Farmers & Merchants Bancshares | - | - | - | 25.84 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 25.84 |
| Mar 31, 2026 | 25.84 |
| Dec 31, 2025 | 24.44 |
| Dec 31, 2025 | 24.44 |
| Sep 30, 2025 | 21.31 |
| Sep 30, 2025 | 21.31 |
| Jun 30, 2025 | 18.93 |
| Jun 30, 2025 | 18.93 |
| Mar 31, 2025 | 21.34 |
| Mar 31, 2025 | 21.34 |
| Dec 31, 2024 | 21.74 |
| Dec 31, 2024 | 21.74 |
| Sep 30, 2024 | 23.34 |
| Sep 30, 2024 | 23.34 |
| Jun 30, 2024 | 22.04 |
| Jun 30, 2024 | 22.04 |
| Mar 31, 2024 | 22.11 |
| Mar 31, 2024 | 22.11 |
| Dec 31, 2023 | 20.07 |
| Dec 31, 2023 | 20.07 |
| Sep 30, 2023 | 24.60 |
| Sep 30, 2023 | 24.60 |
| Jun 30, 2023 | 24.55 |
| Jun 30, 2023 | 24.55 |
| Mar 31, 2023 | 25.52 |
| Mar 31, 2023 | 25.52 |
| Dec 31, 2022 | 35.16 |
| Dec 31, 2022 | 35.16 |
| Sep 30, 2022 | 22.56 |
| Sep 30, 2022 | 22.56 |
| Jun 30, 2022 | 22.47 |
| Jun 30, 2022 | 22.47 |
| Mar 31, 2022 | 22.91 |
| Mar 31, 2022 | 22.91 |
| Dec 31, 2021 | 31.53 |
| Dec 31, 2021 | 31.53 |
| Sep 30, 2021 | 22.22 |
| Sep 30, 2021 | 22.22 |
| Jun 30, 2021 | 21.90 |
| Jun 30, 2021 | 21.90 |
| Mar 31, 2021 | 22.40 |
| Mar 31, 2021 | 22.40 |
| Dec 31, 2020 | 40.11 |
| Dec 31, 2020 | 40.11 |
| Sep 30, 2020 | 16.63 |
| Sep 30, 2020 | 16.63 |
| Jun 30, 2020 | 18.20 |
| Jun 30, 2020 | 18.20 |
| Mar 31, 2020 | 15.35 |
| Mar 31, 2020 | 15.35 |
| Dec 31, 2019 | 19.37 |
| Dec 31, 2019 | 19.37 |
| Sep 30, 2019 | 20.71 |
| Sep 30, 2019 | 20.71 |
| Jun 30, 2019 | 15.38 |
| Jun 30, 2019 | 15.38 |
| Mar 31, 2019 | 18.81 |
| Mar 31, 2019 | 18.81 |
| Dec 31, 2018 | 27.14 |
| Dec 31, 2018 | 27.14 |
| Sep 30, 2018 | 20.03 |
| Sep 30, 2018 | 20.03 |
| Jun 30, 2018 | 17.68 |
| Jun 30, 2018 | 17.68 |
| Mar 31, 2018 | 18.86 |
| Mar 31, 2018 | 18.86 |
| Dec 31, 2017 | 51.81 |
| Dec 31, 2017 | 51.81 |
| Sep 30, 2017 | 26.36 |
| Sep 30, 2017 | 26.36 |
| Jun 30, 2017 | 28.21 |
| Jun 30, 2017 | 28.21 |
| Mar 31, 2017 | 26.64 |
| Mar 31, 2017 | 26.64 |
| Dec 31, 2016 | 30.23 |
| Dec 31, 2016 | 30.23 |
| Sep 30, 2016 | 35.47 |
| Sep 30, 2016 | 35.47 |
| Jun 30, 2016 | 35.22 |
| Jun 30, 2016 | 35.22 |
| Mar 31, 2016 | 35.53 |
| Mar 31, 2016 | 35.53 |