Farmers & Merchants Bancorp (FMCB)

FMCB Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Operating Activities

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	93.61	88.46	88.31	75.09	66.34
Depreciation & Amortization	3.06	2.94	2.49	2.43	2.63
Gain (Loss) on Sale of Investments	-1.95	-2.12	8.09	11.07	-1.11
Provision for Credit Losses	3.5	-	9.41	6.45	1.91
Change in Other Net Operating Assets	6.98	8.77	-2.98	4.65	-6.75
Other Operating Activities	-12.56	5.69	-11.98	2.1	-3.06
Operating Cash Flow	104.19	103.74	93.35	101.78	59.96
Operating Cash Flow Growth	0.44%	11.13%	-8.28%	69.73%	3.17%

Investing Activities

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Capital Expenditures	-7.58	-2.4	-4.97	-4.19	-2.07
Sale of Property, Plant and Equipment	0.13	-	0.03	0.07	1.7
Investment in Securities	-422.24	-251.12	10.35	-36.73	-158.56
Net Decrease (Increase) in Loans Originated / Sold - Investing	27.68	-24.34	-156.43	-275.06	-137.22
Other Investing Activities	-	3.28	4.48	0.61	-
Investing Cash Flow	-402.01	-274.58	-146.55	-315.3	-296.15

Financing Activities

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Repurchase of Common Stock	-34.73	-45.26	-20.36	-20.31	-
Common Dividends Paid	-13.84	-13.02	-12.89	-12.49	-12.08
Net Increase (Decrease) in Deposit Accounts	278.69	31.04	-91.17	119.12	579.89
Financing Cash Flow	230.12	-27.23	-124.42	86.32	567.81

Net Cash Flow

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Cash Flow	-67.7	-198.08	-177.62	-127.2	331.62

Free Cash Flow

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Free Cash Flow	96.62	101.34	88.38	97.59	57.89
Free Cash Flow Growth	-4.66%	14.67%	-9.44%	68.56%	14.85%
Free Cash Flow Margin	41.17%	45.22%	40.55%	50.60%	32.62%
Free Cash Flow Per Share	138.27	138.64	116.69	125.48	73.32

Additional Metrics

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash Interest Paid	62.76	65.09	29.28	5.79	4.37
Cash Income Tax Paid	14.94	12.95	12.66	12.47	29.94

Data Source: S&P Global Market Intelligence Last updated: Sep 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Nov 7, 2026

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