FMAO
Income statement / Annual
Last year (2024), Farmers & Merchants Bancorp, Inc.'s total revenue was $98.90 M,
an increase of 3.35% from the previous year.
In 2024, Farmers & Merchants Bancorp, Inc.'s net income was $25.94 M.
See Farmers & Merchants Bancorp, Inc.,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
| Period Ended |
12/31/2024 |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
| Operating Revenue |
$98.90 M |
$95.69 M |
$100.37 M |
$84.83 M |
$74.87 M |
$63.57 M |
$49.34 M |
$46.83 M |
$44.79 M |
$40.80 M |
| Cost of Revenue |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Gross Profit |
$98.90 M
|
$95.69 M
|
$100.37 M
|
$84.83 M
|
$74.87 M
|
$63.57 M
|
$49.34 M
|
$46.83 M
|
$44.79 M
|
$40.80 M
|
| Gross Profit Ratio |
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
| Research and Development Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative Expenses |
$46.24 M
|
$47.06 M
|
$40.09 M
|
$36.75 M
|
$30.82 M
|
$28.45 M
|
$22.52 M
|
$22.89 M
|
$21.46 M
|
$20.62 M
|
| Selling & Marketing Expenses |
$2.14 M
|
$2.61 M
|
$1.65 M
|
$1.44 M
|
$1.33 M
|
$1.57 M
|
$887,000.00
|
$757,000.00
|
$727,000.00
|
$0.00
|
| Selling, General & Administrative Expenses |
$48.38 M
|
$49.66 M
|
$41.73 M
|
$38.19 M
|
$32.15 M
|
$30.02 M
|
$23.41 M
|
$22.89 M
|
$21.46 M
|
$20.62 M
|
| Other Expenses |
$50.52 M
|
$45.03 M
|
-$83.39 M
|
-$93.52 M
|
-$81.81 M
|
-$70.96 M
|
-$9.12 M
|
-$7.85 M
|
-$7.93 M
|
-$6.62 M
|
| Operating Expenses |
$98.90 M
|
$94.69 M
|
-$41.66 M
|
-$55.33 M
|
-$49.66 M
|
-$40.94 M
|
$23.41 M
|
$22.89 M
|
$21.46 M
|
$20.62 M
|
| Cost And Expenses |
$98.90 M
|
$94.69 M
|
-$41.66 M
|
-$55.33 M
|
-$49.66 M
|
-$40.94 M
|
$23.41 M
|
$22.89 M
|
$21.46 M
|
$20.62 M
|
| Interest Income |
$162.21 M
|
$138.93 M
|
$100.83 M
|
$76.67 M
|
$70.03 M
|
$68.01 M
|
$46.21 M
|
$41.06 M
|
$37.58 M
|
$33.50 M
|
| Interest Expense |
$77.66 M
|
$58.41 M
|
$14.36 M
|
$7.34 M
|
$10.39 M
|
$14.76 M
|
$6.57 M
|
$5.13 M
|
$4.22 M
|
$3.59 M
|
| Depreciation & Amortization |
$6.37 M
|
$0.00
|
$3.87 M
|
$3.41 M
|
$3.27 M
|
$3.03 M
|
$1.88 M
|
$1.86 M
|
$1.79 M
|
$374,000.00
|
| EBITDA |
$0.00 |
$0.00 |
$44.49 M |
$34.49 M |
$29.50 M |
$26.28 M |
$20.42 M |
$20.05 M |
$18.53 M |
$16.22 M |
| EBITDA Ratio |
0
|
0
|
0.59
|
0.37
|
0.35
|
0.36
|
0.55
|
0.54
|
0.51
|
0.49
|
| Operating Income Ratio |
-1.18
|
0.3
|
0.58
|
0.35
|
0.34
|
0.36
|
0.5
|
0.53
|
0.5
|
0.48
|
| Total Other Income/Expenses Net |
$149.18 M
|
$0.00
|
$0.00
|
-$743,300.00
|
$0.00
|
$0.00
|
-$3.83 M
|
$0.00
|
$0.00
|
$0.00
|
| Income Before Tax |
$32.57 M
|
$28.35 M
|
$40.48 M
|
$29.50 M
|
$25.21 M
|
$22.63 M
|
$18.18 M
|
$17.90 M
|
$16.32 M
|
$14.16 M
|
| Income Before Tax Ratio |
0.33
|
0.3
|
0.4
|
0.35
|
0.34
|
0.36
|
0.37
|
0.38
|
0.36
|
0.35
|
| Income Tax Expense |
$6.64 M
|
$5.57 M
|
$7.96 M
|
$6.00 M
|
$5.11 M
|
$4.23 M
|
$3.23 M
|
$5.18 M
|
$4.66 M
|
$3.82 M
|
| Net Income |
$25.94 M
|
$22.79 M
|
$32.52 M
|
$23.50 M
|
$20.10 M
|
$18.40 M
|
$14.95 M
|
$12.72 M
|
$11.66 M
|
$10.34 M
|
| Net Income Ratio |
0.26
|
0.24
|
0.32
|
0.28
|
0.27
|
0.29
|
0.3
|
0.27
|
0.26
|
0.25
|
| EPS |
1.93 |
1.67 |
2.46 |
2.01 |
1.8 |
1.66 |
1.63 |
1.38 |
1.26 |
1.12 |
| EPS Diluted |
1.93 |
1.67 |
2.46 |
2.01 |
1.8 |
1.66 |
1.63 |
1.38 |
1.26 |
1.12 |
| Weighted Average Shares Out |
$13.68 M
|
$13.49 M
|
$13.09 M
|
$11.57 M
|
$11.06 M
|
$11.03 M
|
$9.18 M
|
$9.16 M
|
$9.14 M
|
$9.16 M
|
| Weighted Average Shares Out Diluted |
$13.68 M
|
$13.49 M
|
$13.09 M
|
$11.57 M
|
$11.06 M
|
$11.03 M
|
$9.18 M
|
$9.22 M
|
$9.22 M
|
$9.23 M
|
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