FMAO - NASDAQ
Farmers & Merchants Bancorp, Inc.
$27.14
-3.2%Farmers & Merchants Bancorp, Inc. operates as the bank holding company for The Farmers & Merchants State Bank that provides commercial banking services to individuals and small businesses in northwest Ohio and northeast Indiana. The company offers checking, savings, and time deposit accounts; certificates of deposit; and custodial services for individual retirement and health savings accounts. It also provides commercial, agricultural, and residential mortgage, as well as consumer and credit card lending products; loans for farmland, farm equipment, and livestock; operating loans for seeds, fertilizers, and feeds; home improvement loans; and loans for autos, trucks, recreational vehicles, and motorcycles. In addition, the company offers commercial real estate loans, such as lines of credit and machinery purchase loans. Further, it provides automated teller machine or interactive teller machine services; and online and mobile banking, remote deposit capture or electronic deposit processing, and merchant credit card services. It also offers electronic transaction origination, such as wire and automated clearing house file transmittal services. Farmers & Merchants Bancorp, Inc. was founded in 1897 and is headquartered in Archbold, Ohio.
At a Glance
Live SnapshotFarmers & Merchants Bancorp, Inc. Profit Bridge
Profitability Analysis
Gross Margin
Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.
Operating Margin
Healthy operating margins demonstrate effective cost control and strong business fundamentals.
Net Profit Margin
Strong net margins indicate efficient operations and favorable tax/interest management.
Effective Tax Rate
Moderate tax rate typical for most corporations. Represents standard tax burden on profits.
Profitability Insight
Exceptional profitability across all levels: Strong pricing power, efficient operations, and healthy bottom line indicate a high-quality business with sustainable competitive advantages.
Farmers & Merchants Bancorp, Inc. Income Statement
FMAO • NASDAQ
| Farmers & Merchants Bancorp, Inc. Income Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | Dec 2008 | Dec 2007 | Dec 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
REVENUE | ||||||||||||||||||||
189.1M | 176.6M | 152M | 113.7M | 92.2M | 85.3M | 78.3M | 55.9M | 50.8M | 47.8M | 44.4M | 43.5M | 42.1M | 44.2M | 43.5M | 48.1M | 48.9M | 50.3M | 51.8M | 48.7M | |
GROSS PROFIT | ||||||||||||||||||||
(71.3M) | (77.9M) | (60.2M) | (19M) | (10.8M) | (17.4M) | (15.9M) | (6.9M) | (5.3M) | (5.3M) | (4.2M) | (4.9M) | (5.5M) | (7M) | (9.9M) | (16.2M) | (16.8M) | (19.9M) | (22.6M) | (19.1M) | |
117.8M | 98.6M | 91.9M | 94.7M | 81.4M | 67.9M | 62.4M | 49.3M | 45.4M | 42.5M | 40.2M | 38.6M | 36.7M | 37.2M | 33.6M | 31.9M | 32.2M | 30.4M | 29.2M | 29.6M | |
OPERATING INCOME | ||||||||||||||||||||
(75.2M) | (66.1M) | (63.5M) | (54.2M) | (51.9M) | (42.7M) | (39.7M) | (30.8M) | (27.5M) | (26.1M) | (26M) | (25.1M) | (24.1M) | (23.6M) | (22.2M) | (22.5M) | (23.1M) | (21.2M) | (18.7M) | (18.4M) | |
(10.1M) | (48.4M) | (45.4M) | (38M) | (38.2M) | (32.2M) | (30M) | (23.4M) | (21.3M) | (19.9M) | (20.6M) | (20M) | (18.9M) | (17.9M) | (17M) | (18M) | (17.3M) | (17.4M) | (10.9M) | (10.8M) | |
42.5M | 32.6M | 28.4M | 40.5M | 29.5M | 25.2M | 22.6M | 18.3M | 17.9M | 16.3M | 14.2M | 13.5M | 12.6M | 13.7M | 11.4M | 9.4M | 9.1M | 9.2M | 10.6M | 11.2M | |
PRE-TAX INCOME | ||||||||||||||||||||
(69.3M) | (77.7M) | (58.4M) | (14.4M) | (7.3M) | (10.4M) | (14.8M) | (6.6M) | (5.1M) | (4.2M) | (3.6M) | (3.7M) | (4.6M) | (6.3M) | (8.2M) | (10.9M) | (13.2M) | (18.1M) | (21.7M) | (18.5M) | |
104.3M | 84.6M | 80.5M | 86.5M | 69.3M | 59.6M | 53.3M | 39.6M | 35.9M | 33.4M | 29.9M | 29.6M | 26.6M | 26.8M | 28.3M | 28.8M | 27.7M | 25.5M | 23.7M | 23.7M | |
(65.2M) | (17.7M) | (18.1M) | (16.2M) | (13.7M) | (10.5M) | (9.8M) | (7.4M) | (6.2M) | (6.2M) | (5.4M) | (5M) | (5.2M) | (5.7M) | (5.2M) | (4.5M) | (5.8M) | (3.9M) | (7.8M) | (7.6M) | |
42.5M | 32.6M | 28.4M | 40.5M | 29.5M | 25.2M | 22.6M | 18.2M | 17.9M | 16.3M | 14.2M | 13.5M | 12.6M | 13.7M | 11.4M | 9.4M | 9.1M | 9.2M | 10.6M | 11.2M | |
NET INCOME | ||||||||||||||||||||
(9.2M) | (6.6M) | (5.6M) | (8M) | (6M) | (5.1M) | (4.4M) | (3.3M) | (5.2M) | (4.7M) | (3.8M) | (3.9M) | (3.6M) | (3.9M) | (2.9M) | (2.4M) | (2.5M) | (2.5M) | (2.8M) | (3.1M) | |
33.3M | 25.9M | 22.8M | 32.5M | 23.5M | 20.1M | 18.4M | 14.9M | 12.7M | 11.7M | 10.3M | 9.6M | 9M | 9.8M | 8.5M | 7M | 6.6M | 6.7M | 7.7M | 8.1M |
SEC Filings
FMAO - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
10-Q 10-Q 2026 Q1 Q1 | April 29, 2026 | March 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 22, 2026 | April 22, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 21, 2026 | April 20, 2026 | 2026 | |
DEF 14A DEF 14A 2026 N/A | March 24, 2026 | April 20, 2026 | 2026 | |
10-K 10-K 2025 FY FY | February 27, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | February 12, 2026 | February 12, 2026 | 2026 | |
8-K 8-K 2026 N/A | January 27, 2026 | January 27, 2026 | 2026 | |
10-Q 10-Q 2025 Q3 Q3 | October 31, 2025 | September 30, 2025 | 2025 | |
8-K 8-K 2025 N/A | October 27, 2025 | October 27, 2025 | 2025 | |
8-K 8-K 2025 N/A | August 07, 2025 | August 07, 2025 | 2025 |
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