Farmers & Merchants Bancorp annual net debt
2019
2020
2021
2022
2023
2024
2025
Farmers & Merchants Bancorp Net Debt Growth & History (FMCB)
Farmers & Merchants Bancorp's net debt was −$143.2M for fiscal 2025.
View full Farmers & Merchants Bancorp company overviewFarmers & Merchants Bancorp annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | −$143.2M | $67.1M | — |
| 2024 | 2024-12-31 | −$210.3M | $197.6M | — |
| 2023 | 2023-12-31 | −$407.8M | $176.9M | — |
| 2022 | 2022-12-31 | −$584.8M | $126.6M | — |
| 2021 | 2021-12-31 | −$711.3M | −$332.4M | — |
| 2020 | 2020-12-31 | −$378.9M | −$89.2M | — |
| 2019 | 2019-12-31 | −$289.7M | — | — |
Farmers & Merchants Bancorp quarterly net debt
Q1.19
Q2.19
Q3.19
Q4.19
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q4.22
Q4.23
Q4.24
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | −$268.3M | $13.1M | — |
| Q1 2026 | 2026-03-31 | −$373.9M | — | — |
| Q4 2025 | 2025-12-31 | −$143.2M | $67.1M | — |
| Q3 2025 | 2025-09-30 | −$162.3M | — | — |
| Q2 2025 | 2025-06-30 | −$281.4M | — | — |
| Q4 2024 | 2024-12-31 | −$210.3M | $197.6M | — |
| Q4 2023 | 2023-12-31 | −$407.8M | $176.9M | — |
| Q4 2022 | 2022-12-31 | −$584.8M | $126.6M | — |
| Q4 2021 | 2021-12-31 | −$711.3M | −$332.4M | — |
| Q3 2021 | 2021-09-30 | −$866.5M | −$512.7M | — |
| Q2 2021 | 2021-06-30 | −$830.6M | −$463.9M | — |
| Q1 2021 | 2021-03-31 | −$489.1M | −$211.0M | — |
| Q4 2020 | 2020-12-31 | −$378.9M | −$89.2M | — |
| Q3 2020 | 2020-09-30 | −$353.8M | −$134.9M | — |
| Q2 2020 | 2020-06-30 | −$366.7M | −$257.4M | — |
| Q1 2020 | 2020-03-31 | −$278.1M | −$184.8M | — |
| Q4 2019 | 2019-12-31 | −$289.7M | — | — |
| Q3 2019 | 2019-09-30 | −$218.9M | — | — |
| Q2 2019 | 2019-06-30 | −$109.4M | — | — |
| Q1 2019 | 2019-03-31 | −$93.3M | — | — |
Farmers & Merchants Bancorp net debt trends
Over the last five fiscal years, Farmers & Merchants Bancorp's net debt increased from −$378.9M to −$143.2M, a change of $235.7M. The latest reported quarter, Q2 2026, shows −$268.3M.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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