Farmers & Merchants Bancorp annual operating expenses
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Farmers & Merchants Bancorp Operating Expenses Growth & History (FMCB)
Farmers & Merchants Bancorp's operating expenses was $110.5M 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 | $110.5M | $5.4M | +5.12% |
| 2024 | 2024-12-31 | $105.1M | $793,000 | +0.76% |
| 2023 | 2023-12-31 | $104.3M | $10.8M | +11.52% |
| 2022 | 2022-12-31 | $93.6M | $1.8M | +1.96% |
| 2021 | 2021-12-31 | $91.8M | $9.4M | +11.35% |
| 2020 | 2020-12-31 | $82.4M | $164,000 | +0.20% |
| 2019 | 2019-12-31 | $82.2M | $6.8M | +8.99% |
| 2018 | 2018-12-31 | $75.5M | $7.7M | +11.37% |
| 2017 | 2017-12-31 | $67.8M | $9.6M | +16.47% |
| 2016 | 2016-12-31 | $58.2M | $1.9M | +3.40% |
| 2015 | 2015-12-31 | $56.3M | $4.9M | +9.53% |
| 2014 | 2014-12-31 | $51.4M | $496,000 | +0.98% |
| 2013 | 2013-12-31 | $50.9M | $2.6M | +5.37% |
| 2012 | 2012-12-31 | $48.3M | $3.2M | +7.22% |
| 2011 | 2011-12-31 | $45.0M | $1.1M | +2.48% |
| 2010 | 2010-12-31 | $43.9M | −$2.5M | −5.36% |
| 2009 | 2009-12-31 | $46.4M | — | — |
Farmers & Merchants Bancorp quarterly operating expenses
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| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $28.1M | $1.5M | +5.59% |
| Q1 2026 | 2026-03-31 | $29.2M | $3.7M | +14.38% |
| Q4 2025 | 2025-12-31 | $29.4M | $3.0M | +11.25% |
| Q3 2025 | 2025-09-30 | $28.9M | $1.2M | +4.30% |
| Q2 2025 | 2025-06-30 | $26.7M | $1.2M | +4.83% |
| Q1 2025 | 2025-03-31 | $25.5M | −$12,000 | −0.05% |
| Q4 2024 | 2024-12-31 | $26.4M | $1.6M | +6.31% |
| Q3 2024 | 2024-09-30 | $27.8M | $3.3M | +13.43% |
| Q2 2024 | 2024-06-30 | $25.4M | −$1.4M | −5.22% |
| Q1 2024 | 2024-03-31 | $25.5M | −$2.7M | −9.45% |
| Q4 2023 | 2023-12-31 | $24.9M | $2.5M | +11.18% |
| Q3 2023 | 2023-09-30 | $24.5M | $93,000 | +0.38% |
| Q2 2023 | 2023-06-30 | $26.8M | $3.8M | +16.46% |
| Q1 2023 | 2023-03-31 | $28.2M | $4.4M | +18.48% |
| Q4 2022 | 2022-12-31 | $22.4M | $1.2M | +5.45% |
| Q3 2022 | 2022-09-30 | $24.4M | $3.8M | +18.41% |
| Q2 2022 | 2022-06-30 | $23.0M | −$572,000 | −2.42% |
| Q1 2022 | 2022-03-31 | $23.8M | −$2.6M | −9.77% |
| Q4 2021 | 2021-12-31 | $21.2M | −$836,000 | −3.79% |
| Q3 2021 | 2021-09-30 | $20.6M | −$198,000 | −0.95% |
| Q2 2021 | 2021-06-30 | $23.6M | $3.8M | +19.29% |
| Q1 2021 | 2021-03-31 | $26.4M | $6.6M | +33.21% |
| Q4 2020 | 2020-12-31 | $22.0M | $1.7M | +8.20% |
| Q3 2020 | 2020-09-30 | $20.8M | −$73,000 | −0.35% |
| Q2 2020 | 2020-06-30 | $19.8M | −$778,000 | −3.78% |
| Q1 2020 | 2020-03-31 | $19.8M | −$655,000 | −3.20% |
| Q4 2019 | 2019-12-31 | $20.4M | $1.6M | +8.63% |
| Q3 2019 | 2019-09-30 | $20.9M | $2.2M | +12.00% |
| Q2 2019 | 2019-06-30 | $20.6M | $2.4M | +13.34% |
| Q1 2019 | 2019-03-31 | $20.4M | $509,000 | +2.55% |
| Q4 2018 | 2018-12-31 | $18.8M | $2.3M | +13.68% |
| Q3 2018 | 2018-09-30 | $18.6M | $2.3M | +14.19% |
| Q2 2018 | 2018-06-30 | $18.1M | $1.6M | +9.80% |
| Q1 2018 | 2018-03-31 | $19.9M | $1.5M | +8.22% |
| Q4 2017 | 2017-12-31 | $16.5M | $1.5M | +9.99% |
| Q3 2017 | 2017-09-30 | $16.3M | −$107,000 | −0.65% |
| Q2 2017 | 2017-06-30 | $16.5M | $1.8M | +12.13% |
| Q1 2017 | 2017-03-31 | $18.4M | $6.4M | +53.27% |
| Q4 2016 | 2016-12-31 | $15.0M | $210,000 | +1.42% |
| Q3 2016 | 2016-09-30 | $16.4M | $1.9M | +13.29% |
| Q2 2016 | 2016-06-30 | $14.7M | $2.0M | +15.48% |
| Q1 2016 | 2016-03-31 | $12.0M | −$2.2M | −15.47% |
| Q4 2015 | 2015-12-31 | $14.8M | $642,000 | +4.54% |
| Q3 2015 | 2015-09-30 | $14.5M | $1.9M | +15.52% |
| Q2 2015 | 2015-06-30 | $12.8M | −$273,000 | −2.09% |
| Q1 2015 | 2015-03-31 | $14.2M | $2.6M | +22.15% |
| Q4 2014 | 2014-12-31 | $14.2M | $526,000 | +3.86% |
| Q3 2014 | 2014-09-30 | $12.5M | $357,000 | +2.93% |
| Q2 2014 | 2014-06-30 | $13.0M | $932,000 | +7.70% |
| Q1 2014 | 2014-03-31 | $11.6M | −$1.3M | −10.18% |
| Q4 2013 | 2013-12-31 | $13.6M | $1.9M | +16.21% |
| Q3 2013 | 2013-09-30 | $12.2M | $425,000 | +3.61% |
| Q2 2013 | 2013-06-30 | $12.1M | −$569,000 | −4.49% |
| Q1 2013 | 2013-03-31 | $13.0M | $837,000 | +6.90% |
| Q4 2012 | 2012-12-31 | $11.7M | −$814,000 | −6.49% |
| Q3 2012 | 2012-09-30 | $11.8M | $1.9M | +19.74% |
| Q2 2012 | 2012-06-30 | $12.7M | $1.4M | +12.80% |
| Q1 2012 | 2012-03-31 | $12.1M | $686,000 | +6.00% |
| Q4 2011 | 2011-12-31 | $12.5M | — | — |
| Q3 2011 | 2011-09-30 | $9.8M | −$1.8M | −15.55% |
| Q2 2011 | 2011-06-30 | $11.2M | $1.4M | +14.09% |
| Q1 2011 | 2011-03-31 | $11.4M | — | — |
| Q3 2010 | 2010-09-30 | $11.6M | — | — |
| Q2 2010 | 2010-06-30 | $9.8M | — | — |
Farmers & Merchants Bancorp operating expenses trends
Over the last five fiscal years, Farmers & Merchants Bancorp's operating expenses increased from $82.4M to $110.5M, a change of $28.1M. The latest reported quarter, Q2 2026, shows $28.1M.
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 ↗