Farmers & Merchants Bancorp, Inc. (FMAO)

NASDAQ: FMAO · Real-Time Price · USD

27.23

+0.79 (2.99%)

At close: May 18, 2026, 4:00 PM EDT

27.22

-0.01 (-0.04%)

After-hours: May 18, 2026, 5:44 PM EDT

FMAO Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Interest Income	107.83	104.29	85.91	81.4	86.79	69.5
Net Interest Income Growth	20.20%	21.39%	5.55%	-6.21%	24.88%	16.26%
Non-Interest Income	17.97	17.14	15.62	15.91	15.8	17.61
Non-Interest Income Growth	13.49%	9.69%	-1.79%	0.69%	-10.30%	4.90%
Revenues Before Loan Losses	125.8	121.43	101.53	97.3	102.58	87.11
Provision for Credit Losses	2.39	2.09	0.27	1.74	4.6	3.44
Revenue	123.41	119.34	101.26	95.56	97.98	83.66
Revenue Growth (YoY)	19.23%	17.85%	5.97%	-2.48%	17.12%	20.24%
Compensation Expenses	41.28	40.92	38.71	34.44	29.6	27.51
Selling, General & Admin	22.28	22.08	17.35	19.48	17.39	13.93
Other Non-Interest Expenses	14.3	13.82	12.63	13.29	10.52	12.74
Total Non-Interest Expense	77.85	76.81	68.69	67.2	57.51	54.17
Pretax Income	46.1	42.53	32.57	28.35	40.48	29.5
Provision for Income Taxes	10.17	9.22	6.64	5.57	7.96	6
Net Income	35.94	33.31	25.94	22.79	32.52	23.5
Net Income to Common	35.94	33.31	25.94	22.79	32.52	23.5
Net Income Growth	30.53%	28.42%	13.83%	-29.92%	38.39%	16.92%
Shares Outstanding (Basic)	14	14	13	13	13	12
Shares Outstanding (Diluted)	14	14	13	13	13	12
Shares Change (YoY)	0.93%	1.05%	-0.55%	3.07%	13.15%	3.80%
EPS (Basic)	2.61	2.43	1.90	1.67	2.46	2.01
EPS (Diluted)	2.61	2.43	1.90	1.67	2.46	2.01
EPS Growth	29.21%	27.89%	13.77%	-32.11%	22.39%	11.67%
Shares Outstanding	13.77	13.75	13.7	13.66	13.61	13.07
Free Cash Flow	31.34	34.97	30.6	11.22	38.07	32.78
Free Cash Flow Growth	-10.39%	14.28%	172.83%	-70.53%	16.15%	35.66%
Free Cash Flow Per Share	2.29	2.58	2.28	0.83	2.91	2.83
Dividends Per Share	0.909	0.900	0.882	0.850	0.800	0.710
Dividend Growth	0.97%	1.98%	3.82%	6.25%	12.68%	7.58%
Profit Margin	29.12%	27.91%	25.62%	23.85%	33.18%	28.08%
FCF Margin	25.39%	29.31%	30.22%	11.74%	38.85%	39.18%
EBITDA	7.24	6.99	6.37	5.77	4.02	4.99
EBITDA Margin	5.87%	5.86%	6.29%	6.04%	4.10%	5.96%
Effective Tax Rate	22.05%	21.67%	20.37%	19.63%	19.67%	20.35%

Updated Apr 29, 2026. Data Source: Fiscal.ai. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q