Farmers & Merchants Bancorp (FMAO) Revenue & Revenue Breakdown

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Farmers & Merchants Bancorp Revenue Highlights

Latest Revenue (Y)

$155.10M

Latest Revenue (Q)

$45.64M

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
2024-09-30	$45.64M	2.12%
2024-06-30	$44.70M	5.33%
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 $45.64M in revenue during Q3 2024, up 2.12% compared to the previous quarter, and up 192.53% 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
Bank Servicing	$9.59M	$9.96M	$9.67M	$8.89M	$6.73M
Financial Service, Other	$6.64M	$4.23M	-	-	-
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	Sep 24	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
Bank Servicing	$300.00K	$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
Financial Service, Other	$1.16M	$1.06M	$3.67M	$1.16M	$1.80M	$1.11M	-	-	-	-	-	-	-	-	-	-	-	-	-	-
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	-

Farmers & Merchants Bancorp's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Financial Service, Other (79.38%), and Bank Servicing (20.62%).

Farmers & Merchants Bancorp Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
HTBI	HomeTrust Bancshares	$186.37M	$-145.70M
FMAO	Farmers & Merchants Bancorp	$155.10M	$45.64M
CFBK	CF Bankshares	$112.31M	$30.00M
FNWB	First Northwest Bancorp	$104.92M	$28.21M
FFNW	First Financial Northwest	$80.93M	$20.09M
CWBC	Community West Bancshares	$61.39M	$27.26M
FCAP	First Capital	$51.24M	$15.02M
GSBC	Great Southern Bancorp	$46.29M	$91.36M
HMNF	HMN Financial	$43.48M	$14.79M
HFBL	Home Federal Bancorp, Inc. of Louisiana	$33.45M	$8.04M
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 Q3 2024 was $45.64M, a 2.12% increase from the previous quarter (Q2 2024), and a 101.63% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $44.7M, a 5.33% increase from the previous quarter (Q1 2024), and a 88.53% increase year-over-year (Q2 2023). FMAO'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).

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 Bank Servicing, and Financial Service, Other. Bank Servicing generated $9.59M in revenue, accounting 59.09% of the company's total revenue, down -3.68% year-over-year. Financial Service, Other generated $6.64M in revenue, accounting 40.91% of the company's total revenue, up 57.12% 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.