Farmers & Merchants Bancorp annual operating expenses
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2025
Farmers & Merchants Bancorp Operating Expenses Growth & History (FMAO)
Farmers & Merchants Bancorp's operating expenses was $76.8M for fiscal 2025.
View full Farmers & Merchants Bancorp company overviewFarmers & Merchants Bancorp annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $76.8M | $8.1M | +11.83% |
| 2024 | 2024-12-31 | $68.7M | $1.5M | +2.21% |
| 2023 | 2023-12-31 | $67.2M | $9.7M | +16.86% |
| 2022 | 2022-12-31 | $57.5M | $3.3M | +6.17% |
| 2021 | 2021-12-31 | $54.2M | $9.8M | +22.06% |
| 2020 | 2020-12-31 | $44.4M | $2.9M | +7.02% |
| 2019 | 2019-12-31 | $41.5M | $9.3M | +28.99% |
| 2018 | 2018-12-31 | $32.1M | $3.4M | +11.89% |
| 2017 | 2017-12-31 | $28.7M | $1.3M | +4.74% |
| 2016 | 2016-12-31 | $27.4M | $1.4M | +5.23% |
| 2015 | 2015-12-31 | $26.1M | $854,000 | +3.39% |
| 2014 | 2014-12-31 | $25.2M | $1.0M | +4.18% |
| 2013 | 2013-12-31 | $24.2M | $12,000 | +0.05% |
| 2012 | 2012-12-31 | $24.2M | $2.0M | +8.85% |
| 2011 | 2011-12-31 | $22.2M | −$313,000 | −1.39% |
| 2010 | 2010-12-31 | $22.5M | −$544,000 | −2.36% |
| 2009 | 2009-12-31 | $23.1M | — | — |
Farmers & Merchants Bancorp quarterly operating expenses
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Q2.26
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $19.3M | $4,000 | +0.02% |
| Q1 2026 | 2026-03-31 | $19.8M | $1.0M | +5.55% |
| Q4 2025 | 2025-12-31 | $19.1M | $3.0M | +18.52% |
| Q3 2025 | 2025-09-30 | $19.7M | $2.3M | +13.28% |
| Q2 2025 | 2025-06-30 | $19.3M | $1.9M | +11.04% |
| Q1 2025 | 2025-03-31 | $18.8M | $919,000 | +5.15% |
| Q4 2024 | 2024-12-31 | $16.1M | −$309,000 | −1.89% |
| Q3 2024 | 2024-09-30 | $17.4M | $381,000 | +2.24% |
| Q2 2024 | 2024-06-30 | $17.3M | $501,000 | +2.97% |
| Q1 2024 | 2024-03-31 | $17.8M | $910,000 | +5.37% |
| Q4 2023 | 2023-12-31 | $16.4M | −$924,000 | −5.34% |
| Q3 2023 | 2023-09-30 | $17.0M | $3.6M | +26.52% |
| Q2 2023 | 2023-06-30 | $16.8M | $3.6M | +27.27% |
| Q1 2023 | 2023-03-31 | $16.9M | $3.4M | +25.48% |
| Q4 2022 | 2022-12-31 | $17.3M | $2.9M | +19.98% |
| Q3 2022 | 2022-09-30 | $13.5M | −$850,000 | −5.94% |
| Q2 2022 | 2022-06-30 | $13.2M | $175,000 | +1.34% |
| Q1 2022 | 2022-03-31 | $13.5M | $1.1M | +9.18% |
| Q4 2021 | 2021-12-31 | $14.4M | $3.1M | +27.82% |
| Q3 2021 | 2021-09-30 | $14.3M | $2.3M | +18.80% |
| Q2 2021 | 2021-06-30 | $13.1M | $2.7M | +25.98% |
| Q1 2021 | 2021-03-31 | $12.4M | $1.7M | +15.85% |
| Q4 2020 | 2020-12-31 | $11.3M | $1.6M | +17.10% |
| Q3 2020 | 2020-09-30 | $12.1M | $1.4M | +13.66% |
| Q2 2020 | 2020-06-30 | $10.4M | $655,000 | +6.74% |
| Q1 2020 | 2020-03-31 | $10.7M | −$843,000 | −7.32% |
| Q4 2019 | 2019-12-31 | $9.6M | $895,000 | +10.24% |
| Q3 2019 | 2019-09-30 | $10.6M | $2.5M | +30.52% |
| Q2 2019 | 2019-06-30 | $9.7M | $2.1M | +27.15% |
| Q1 2019 | 2019-03-31 | $11.5M | $3.9M | +50.67% |
| Q4 2018 | 2018-12-31 | $8.7M | $1.5M | +21.35% |
| Q3 2018 | 2018-09-30 | $8.1M | $769,000 | +10.45% |
| Q2 2018 | 2018-06-30 | $7.6M | $540,000 | +7.61% |
| Q1 2018 | 2018-03-31 | $7.6M | $569,000 | +8.05% |
| Q4 2017 | 2017-12-31 | $7.2M | $339,000 | +4.94% |
| Q3 2017 | 2017-09-30 | $7.4M | $435,000 | +6.28% |
| Q2 2017 | 2017-06-30 | $7.1M | $441,000 | +6.62% |
| Q1 2017 | 2017-03-31 | $7.1M | $85,000 | +1.22% |
| Q4 2016 | 2016-12-31 | $6.9M | $257,000 | +3.89% |
| Q3 2016 | 2016-09-30 | $6.9M | $410,000 | +6.30% |
| Q2 2016 | 2016-06-30 | $6.7M | $276,000 | +4.33% |
| Q1 2016 | 2016-03-31 | $7.0M | $421,000 | +6.41% |
| Q4 2015 | 2015-12-31 | $6.6M | $221,000 | +3.46% |
| Q3 2015 | 2015-09-30 | $6.5M | −$67,000 | −1.02% |
| Q2 2015 | 2015-06-30 | $6.4M | $339,000 | +5.61% |
| Q1 2015 | 2015-03-31 | $6.6M | $361,000 | +5.82% |
| Q4 2014 | 2014-12-31 | $6.4M | $196,000 | +3.17% |
| Q3 2014 | 2014-09-30 | $6.6M | $466,000 | +7.62% |
| Q2 2014 | 2014-06-30 | $6.0M | $272,000 | +4.71% |
| Q1 2014 | 2014-03-31 | $6.2M | $78,000 | +1.27% |
| Q4 2013 | 2013-12-31 | $6.2M | −$662,000 | −9.66% |
| Q3 2013 | 2013-09-30 | $6.1M | $386,000 | +6.74% |
| Q2 2013 | 2013-06-30 | $5.8M | $17,000 | +0.30% |
| Q1 2013 | 2013-03-31 | $6.1M | $271,000 | +4.63% |
| Q4 2012 | 2012-12-31 | $6.9M | $1.4M | +25.55% |
| Q3 2012 | 2012-09-30 | $5.7M | $190,000 | +3.43% |
| Q2 2012 | 2012-06-30 | $5.8M | $187,000 | +3.36% |
| Q1 2012 | 2012-03-31 | $5.9M | $195,000 | +3.45% |
| Q4 2011 | 2011-12-31 | $5.5M | — | — |
| Q3 2011 | 2011-09-30 | $5.5M | $25,000 | +0.45% |
| Q2 2011 | 2011-06-30 | $5.6M | $298,000 | +5.66% |
| Q1 2011 | 2011-03-31 | $5.7M | — | — |
| Q3 2010 | 2010-09-30 | $5.5M | — | — |
| Q2 2010 | 2010-06-30 | $5.3M | — | — |
Farmers & Merchants Bancorp operating expenses trends
Over the last five fiscal years, Farmers & Merchants Bancorp's operating expenses increased from $44.4M to $76.8M, a change of $32.4M. The latest reported quarter, Q2 2026, shows $19.3M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Farmers & Merchants Bancorp source filings ↗