Farmers & Merchants Bancorp (FMAO) Revenue & Revenue Breakdown

OverviewOwnership Financials Chart

Farmers & Merchants Bancorp Revenue Highlights

Latest Revenue (Y)

$189.09M

Latest Revenue (Q)

$48.26M

Main Segment (Y)

Financial Service, Other

Farmers & Merchants Bancorp Revenue by Period

Farmers & Merchants Bancorp Revenue by Year

Date	Revenue	Change
2025-12-31	$189.09M	7.10%
2024-12-31	$176.56M	16.12%
2023-12-31	$152.05M	33.78%
2022-12-31	$113.66M	23.31%
2021-12-31	$92.17M	8.10%
2020-12-31	$85.26M	8.85%
2019-12-31	$78.33M	40.10%
2018-12-31	$55.91M	10.09%
2017-12-31	$50.78M	6.23%
2016-12-31	$47.80M	7.69%
2015-12-31	$44.39M	2.10%
2014-12-31	$43.48M	3.22%
2013-12-31	$42.12M	-4.78%
2012-12-31	$44.23M	1.69%
2011-12-31	$43.50M	-9.54%
2010-12-31	$48.09M	-1.74%
2009-12-31	$48.94M	-2.72%
2008-12-31	$50.30M	-2.91%
2007-12-31	$51.81M	6.38%
2006-12-31	$48.70M	9.34%
2005-12-31	$44.54M	4.12%
2004-12-31	$42.78M	-12.86%
2003-12-31	$49.09M	51.57%
2002-12-31	$32.39M	-0.81%
2001-12-31	$32.65M	-4.53%
2000-12-31	$34.20M	30.45%
1999-12-31	$26.22M	6.38%
1998-12-31	$24.65M	-

Farmers & Merchants Bancorp generated $189.09M in revenue during NA 2025, up 7.10% compared to the previous quarter, and up 221.79% compared to the same period a year ago.

Farmers & Merchants Bancorp Revenue by Quarter

Date	Revenue	Change
2025-09-30	$48.26M	2.45%
2025-06-30	$47.10M	5.97%
2025-03-31	$44.45M	-1.86%
2024-12-31	$45.29M	0.31%
2024-09-30	$45.15M	1.15%
2024-06-30	$44.63M	6.52%
2024-03-31	$41.90M	1.09%
2023-12-31	$41.45M	6.02%
2023-09-30	$39.09M	4.48%
2023-06-30	$37.42M	5.83%
2023-03-31	$35.36M	6.94%
2022-12-31	$33.06M	14.01%
2022-09-30	$29.00M	7.59%
2022-06-30	$26.95M	4.81%
2022-03-31	$25.71M	-2.78%
2021-12-31	$26.45M	12.47%
2021-09-30	$23.52M	12.68%
2021-06-30	$20.87M	-2.16%
2021-03-31	$21.33M	-8.40%
2020-12-31	$23.29M	7.96%
2020-09-30	$21.57M	6.63%
2020-06-30	$20.23M	0.29%
2020-03-31	$20.17M	2.48%
2019-12-31	$19.68M	-0.27%
2019-09-30	$19.73M	-5.20%
2019-06-30	$20.82M	15.05%
2019-03-31	$18.09M	25.90%
2018-12-31	$14.37M	1.88%
2018-09-30	$14.11M	0.69%
2018-06-30	$14.01M	4.43%
2018-03-31	$13.42M	9.54%
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 $48.26M in revenue during Q3 2025, up 2.45% compared to the previous quarter, and up 108.12% 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 25	Dec 24	Dec 23	Dec 22	Dec 21
Financial Service, Other	$4.99M	$4.47M	$6.64M	$4.23M	-
Bank Servicing	$1.42M	$1.32M	$9.59M	$9.96M	$9.67M
Financial Service Other	-	-	-	-	$3.75M

Farmers & Merchants Bancorp's latest annual revenue breakdown by segment (product or service), as of Dec 25: Financial Service, Other (77.87%), and Bank Servicing (22.13%).

Quarterly Revenue by Product

Product/Service	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	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
Bank Servicing	$337.00K	$370.00K	$330.00K	$381.00K	-	$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
Financial Service, Other	$1.31M	$1.35M	$1.21M	$1.12M	$2.26M	$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	-

Farmers & Merchants Bancorp's latest quarterly revenue breakdown by segment (product or service), as of Dec 25: Financial Service, Other (79.55%), and Bank Servicing (20.45%).

Farmers & Merchants Bancorp Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
RBB	RBB Bancorp	$238.00M	$46.62M
BWFG	Bankwell Financial Group	$207.72M	$53.09M
FMAO	Farmers & Merchants Bancorp	$189.09M	$48.26M
FSBW	FS Bancorp	$184.84M	$50.97M
PDLB	Ponce Financial Group	$162.64M	$48.34M
OBT	Orange County Bancorp	$127.23M	$34.53M
PBFS	Pioneer Bancorp	$104.65M	$28.29M
PCB	PCB Bancorp	$99.71M	$30.39M
USCB	USCB Financial	$63.60M	$41.40M
MVBF	MVB Financial	-	$31.73M
BCML	BayCom	-	$34.95M

FMAO Revenue FAQ

What is Farmers & Merchants Bancorp’s yearly revenue?

Farmers & Merchants Bancorp's yearly revenue for 2025 was $189.09M, representing an increase of 7.10% compared to 2024. The company's yearly revenue for 2024 was $176.56M, representing an increase of 16.12% compared to 2023. FMAO's yearly revenue for 2023 was $152.05M, representing an increase of 33.78% compared to 2022.

What is Farmers & Merchants Bancorp’s quarterly revenue?

Farmers & Merchants Bancorp's quarterly revenue for Q3 2025 was $48.26M, a 2.45% increase from the previous quarter (Q2 2025), and a 6.89% increase year-over-year (Q3 2024). The company's quarterly revenue for Q2 2025 was $47.1M, a 5.97% increase from the previous quarter (Q1 2025), and a 5.53% increase year-over-year (Q2 2024). FMAO's quarterly revenue for Q1 2025 was $44.44M, a -1.86% decrease from the previous quarter (Q4 2024), and a 6.08% increase year-over-year (Q1 2024).

What is Farmers & Merchants Bancorp’s revenue growth rate?

Farmers & Merchants Bancorp's revenue growth rate for the last 3 years (2023-2025) was 24.37%, and for the last 5 years (2021-2025) was 105.16%.

What are Farmers & Merchants Bancorp’s revenue streams?

Farmers & Merchants Bancorp's revenue streams in c 25 are Financial Service, Other, and Bank Servicing. Financial Service, Other generated $4.99M in revenue, accounting 77.87% of the company's total revenue, up 11.56% year-over-year. Bank Servicing generated $1.42M in revenue, accounting 22.13% of the company's total revenue, up 7.10% year-over-year.

What is Farmers & Merchants Bancorp’s main source of revenue?

For the fiscal year ending Dec 25, the largest source of revenue of Farmers & Merchants Bancorp was Financial Service, Other. This segment made a revenue of $4.99M, representing 77.87% of the company's total revenue.