Farmers & Merchants Bancorp (FMAO) Revenue & Revenue Breakdown
Farmers & Merchants Bancorp Revenue Highlights
Latest Revenue (Y)
$155.10M
Latest Revenue (Q)
$44.18M
Main Segment (Y)
Bank Servicing
Farmers & Merchants Bancorp Revenue by Period
Farmers & Merchants Bancorp Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $155.10M | 54.54% |
| 2022-12-31 | $100.37M | 18.32% |
| 2021-12-31 | $84.83M | 13.31% |
| 2020-12-31 | $74.87M | 17.77% |
| 2019-12-31 | $63.57M | 28.85% |
| 2018-12-31 | $49.34M | 5.36% |
| 2017-12-31 | $46.83M | 4.55% |
| 2016-12-31 | $44.79M | 9.77% |
| 2015-12-31 | $40.80M | 2.62% |
| 2014-12-31 | $39.76M | 5.99% |
| 2013-12-31 | $37.52M | -1.23% |
| 2012-12-31 | $37.98M | 7.47% |
| 2011-12-31 | $35.34M | -6.76% |
| 2010-12-31 | $37.91M | 6.13% |
| 2009-12-31 | $35.72M | 10.91% |
| 2008-12-31 | $32.20M | 7.03% |
| 2007-12-31 | $30.09M | -0.26% |
| 2006-12-31 | $30.17M | -2.69% |
| 2005-12-31 | $31.00M | -1.75% |
| 2004-12-31 | $31.55M | -9.35% |
| 2003-12-31 | $34.81M | 85.23% |
| 2002-12-31 | $18.79M | 100.47% |
| 2001-12-31 | $9.37M | -0.78% |
| 2000-12-31 | $9.45M | 28.40% |
| 1999-12-31 | $7.36M | 1.93% |
| 1998-12-31 | $7.22M | - |
Farmers & Merchants Bancorp generated $155.10M in revenue during NA 2023, up 54.54% compared to the previous quarter, and up 314.37% compared to the same period a year ago.
Farmers & Merchants Bancorp Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $44.18M | 4.12% |
| 2024-03-31 | $42.43M | 1.20% |
| 2023-12-31 | $41.93M | 85.22% |
| 2023-09-30 | $22.64M | -4.51% |
| 2023-06-30 | $23.71M | -25.45% |
| 2023-03-31 | $31.80M | 21.73% |
| 2022-12-31 | $26.13M | 1.52% |
| 2022-09-30 | $25.73M | 3.33% |
| 2022-06-30 | $24.91M | 5.54% |
| 2022-03-31 | $23.60M | -1.92% |
| 2021-12-31 | $24.06M | 10.14% |
| 2021-09-30 | $21.84M | 13.09% |
| 2021-06-30 | $19.32M | -1.46% |
| 2021-03-31 | $19.60M | -7.84% |
| 2020-12-31 | $21.27M | 10.21% |
| 2020-09-30 | $19.30M | 10.10% |
| 2020-06-30 | $17.53M | 4.61% |
| 2020-03-31 | $16.76M | 5.61% |
| 2019-12-31 | $15.87M | 1.57% |
| 2019-09-30 | $15.62M | -8.47% |
| 2019-06-30 | $17.07M | 13.72% |
| 2019-03-31 | $15.01M | 19.54% |
| 2018-12-31 | $12.56M | 1.73% |
| 2018-09-30 | $12.34M | -1.13% |
| 2018-06-30 | $12.48M | 4.43% |
| 2018-03-31 | $11.95M | -2.41% |
| 2017-12-31 | $12.25M | 3.59% |
| 2017-09-30 | $11.82M | 1.67% |
| 2017-06-30 | $11.63M | 4.53% |
| 2017-03-31 | $11.13M | -3.44% |
| 2016-12-31 | $11.52M | 0.96% |
| 2016-09-30 | $11.41M | 1.67% |
| 2016-06-30 | $11.22M | 5.56% |
| 2016-03-31 | $10.63M | 1.16% |
| 2015-12-31 | $10.51M | 2.01% |
| 2015-09-30 | $10.30M | 1.90% |
| 2015-06-30 | $10.11M | 2.38% |
| 2015-03-31 | $9.88M | -3.10% |
| 2014-12-31 | $10.19M | -0.48% |
| 2014-09-30 | $10.24M | 3.42% |
| 2014-06-30 | $9.90M | 5.07% |
| 2014-03-31 | $9.43M | -0.76% |
| 2013-12-31 | $9.50M | 2.66% |
| 2013-09-30 | $9.25M | -1.51% |
| 2013-06-30 | $9.39M | 0.17% |
| 2013-03-31 | $9.38M | -6.68% |
| 2012-12-31 | $10.05M | 7.45% |
| 2012-09-30 | $9.35M | -0.40% |
| 2012-06-30 | $9.39M | 2.09% |
| 2012-03-31 | $9.20M | -5.49% |
| 2011-12-31 | $9.73M | 15.43% |
| 2011-09-30 | $8.43M | 0.17% |
| 2011-06-30 | $8.42M | -4.00% |
| 2011-03-31 | $8.77M | -12.08% |
| 2010-12-31 | $9.97M | 2.49% |
| 2010-09-30 | $9.73M | 8.20% |
| 2010-06-30 | $8.99M | -2.40% |
| 2010-03-31 | $9.21M | -5.54% |
| 2009-12-31 | $9.75M | 14.18% |
| 2009-09-30 | $8.54M | -1.51% |
| 2009-06-30 | $8.67M | -0.81% |
| 2009-03-31 | $8.74M | 0.40% |
| 2008-12-31 | $8.71M | 11.21% |
| 2008-09-30 | $7.83M | -3.11% |
| 2008-06-30 | $8.08M | 7.22% |
| 2008-03-31 | $7.54M | -0.89% |
| 2007-12-31 | $7.61M | - |
Farmers & Merchants Bancorp generated $44.18M in revenue during Q2 2024, up 4.12% compared to the previous quarter, and up 138.93% compared to the same period a year ago.
Farmers & Merchants Bancorp Revenue Breakdown
Farmers & Merchants Bancorp Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Financial Service, Other | $6.64M | $4.23M | - | - | - |
| Bank Servicing | $9.59M | $9.96M | $9.67M | $8.89M | $6.73M |
| Financial Service Other | - | - | $3.75M | $3.60M | $4.44M |
Farmers & Merchants Bancorp's latest annual revenue breakdown by segment (product or service), as of Dec 23: Bank Servicing (59.09%), and Financial Service, Other (40.91%).
Quarterly Revenue by Product
| Product/Service | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financial Service, Other | $1.06M | $3.67M | $1.16M | $1.80M | $1.11M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Bank Servicing | $2.78M | $2.58M | $2.21M | $2.36M | $2.45M | $2.86M | $2.30M | $2.15M | $2.65M | $2.42M | $2.24M | $2.20M | $2.81M | $2.75M | $2.30M | $2.26M | $1.59M | $1.73M | $1.72M | $1.69M |
| Financial Service Other | - | - | - | - | $2.55M | $1.10M | $1.01M | $998.00K | $1.03M | $1.01M | $874.00K | $838.00K | $980.00K | $879.00K | $704.00K | $1.04M | $1.13M | $1.18M | $1.09M | - |
Farmers & Merchants Bancorp's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Bank Servicing (72.47%), and Financial Service, Other (27.53%).
Farmers & Merchants Bancorp Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| HTBI | HomeTrust Bancshares | $186.37M | $73.53M |
| FMAO | Farmers & Merchants Bancorp | $155.10M | $44.18M |
| CFBK | CF Bankshares | $112.31M | $29.99M |
| FNWB | First Northwest Bancorp | $104.92M | $28.10M |
| FFNW | First Financial Northwest | $80.93M | $20.02M |
| CWBC | Community West Bancshares | $61.39M | $27.26M |
| FCAP | First Capital | $51.24M | $14.24M |
| GSBC | Great Southern Bancorp | $46.29M | $84.15M |
| HMNF | HMN Financial | $43.48M | $14.79M |
| HFBL | Home Federal Bancorp, Inc. of Louisiana | $23.45M | $8.40M |
| OFED | Oconee Federal Financial | $16.61M | $3.21M |
FMAO Revenue FAQ
What is Farmers & Merchants Bancorp’s yearly revenue?
Farmers & Merchants Bancorp's yearly revenue for 2023 was $155.1M, representing an increase of 54.54% compared to 2022. The company's yearly revenue for 2022 was $100.37M, representing an increase of 18.32% compared to 2021. FMAO's yearly revenue for 2021 was $84.83M, representing an increase of 13.31% compared to 2020.
What is Farmers & Merchants Bancorp’s quarterly revenue?
Farmers & Merchants Bancorp's quarterly revenue for Q2 2024 was $44.18M, a 4.12% increase from the previous quarter (Q1 2024), and a 86.37% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $42.43M, a 1.20% increase from the previous quarter (Q4 2023), and a 33.43% increase year-over-year (Q1 2023). FMAO's quarterly revenue for Q4 2023 was $41.93M, a 85.22% increase from the previous quarter (Q3 2023), and a 60.49% increase year-over-year (Q4 2022).
What is Farmers & Merchants Bancorp’s revenue growth rate?
Farmers & Merchants Bancorp's revenue growth rate for the last 3 years (2021-2023) was 82.85%, and for the last 5 years (2019-2023) was 143.98%.
What are Farmers & Merchants Bancorp’s revenue streams?
Farmers & Merchants Bancorp's revenue streams in c 23 are Financial Service, Other, and Bank Servicing. Financial Service, Other generated $6.64M in revenue, accounting 40.91% of the company's total revenue, up 57.12% year-over-year. Bank Servicing generated $9.59M in revenue, accounting 59.09% of the company's total revenue, down -3.68% year-over-year.
What is Farmers & Merchants Bancorp’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Farmers & Merchants Bancorp was Bank Servicing. This segment made a revenue of $9.59M, representing 59.09% of the company's total revenue.