Farmers & Merchants Bancshares, Inc. (FMFG) Tax Rate (2016 - 2026)
Farmers & Merchants Bancshares' Tax Rate was 24.34% in Q2 2026, up 5.41 percentage points from 18.93% a year earlier but down 1.50 percentage points from the prior quarter.
Powered by 
Analysis
Farmers & Merchants Bancshares, Inc. (FMFG) Tax Rate (2016 - 2026) Analysis & Trends
On a trailing twelve-month basis, Farmers & Merchants Bancshares' Tax Rate was 24.06% through Jun 30, 2026, up 2.75 percentage points year-over-year; for FY2025, it came in at 21.80%, down 0.55 percentage points from FY2024.
- Tax Rate shows a five-year change of +6.42 percentage points (FY2020 to FY2025).
- In earlier years, Tax Rate was 22.35% in FY2024 (-1.57 pp), 23.91% in FY2023 (+0.41 pp), 23.50% in FY2022 (+0.51 pp) and 22.99% in FY2021 (+7.62 pp).
- Quarterly Tax Rate has moved between 18.93% (Q2 2025) and 25.95% (Q4 2022) over five years.
- Compared with a year earlier, Tax Rate has increased for three straight quarters, with an average year-over-year change of +0.89 percentage points over the last eight quarters.
- The best year-over-year quarter for Tax Rate over five years was Q4 2021 (a gain of 19.41 percentage points); the worst was Q4 2023 (a drop of 5.87 percentage points).
- Per Business Quant data, FMFG's Tax Rate in the three quarters before Q2 2026 was 25.84% (Q1 2026), 24.44% (Q4 2025) and 21.31% (Q3 2025).
Peer Set
Peer Comparison
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 24.34% |
| Mar 31, 2026 | 25.84% |
| Dec 31, 2025 | 24.44% |
| Sep 30, 2025 | 21.31% |
| Jun 30, 2025 | 18.93% |
| Mar 31, 2025 | 21.34% |
| Dec 31, 2024 | 21.74% |
| Sep 30, 2024 | 23.34% |
| Jun 30, 2024 | 22.04% |
| Mar 31, 2024 | 22.11% |
| Dec 31, 2023 | 20.07% |
| Sep 30, 2023 | 24.60% |
| Jun 30, 2023 | 24.55% |
| Mar 31, 2023 | 25.52% |
| Dec 31, 2022 | 25.95% |
| Sep 30, 2022 | 22.56% |
| Jun 30, 2022 | 22.47% |
| Mar 31, 2022 | 22.91% |
| Dec 31, 2021 | 25.46% |
| Sep 30, 2021 | 22.22% |
API Access
Farmers & Merchants Bancshares, Inc. Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=FMFG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "FMFG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=FMFG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();