Farmers & Merchants Bancshares (FMFG) Tax Rate (2017 - 2025)

Farmers & Merchants Bancshares (FMFG) has disclosed Tax Rate for 9 consecutive years, with 21.31% as the latest value for Q3 2025.

  • For the quarter ending Q3 2025, Tax Rate changed N/A year-over-year to 21.31%, compared with a TTM value of 21.0% through Sep 2025, changed N/A, and an annual FY2023 reading of 19.26%, down 660.0% over the prior year.
  • Tax Rate was 21.31% for Q3 2025 at Farmers & Merchants Bancshares, down from 22.09% in the prior quarter.
  • Across five years, Tax Rate topped out at 35.16% in Q4 2022 and bottomed at 21.31% in Q3 2025.
  • Average Tax Rate over 5 years is 24.72%, with a median of 22.52% recorded in 2022.
  • The sharpest move saw Tax Rate surged 705bps in 2021, then skyrocketed 34bps in 2022.
  • Year by year, Tax Rate stood at 31.53% in 2021, then grew by 12bps to 35.16% in 2022, then plummeted by -30bps to 24.6% in 2023, then dropped by -10bps to 22.09% in 2024, then decreased by -4bps to 21.31% in 2025.
  • Business Quant data shows Tax Rate for FMFG at 21.31% in Q3 2025, 22.09% in Q1 2024, and 24.6% in Q3 2023.