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Other financials

Income statement

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Revenue$32.4M+15.6%
Net income$9.6M+37.8%
EPS (diluted)$0.70+37.3%

Balance sheet

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Cash & equivalents$173.5M+0.3%
Total debt$5.7M-10.4%
Total equity$375.9M+9.1%
Total assets$3.5B+2.9%

Cash flow

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Operating cash flow$7.7M-30.5%
CapEx$663.0K+71.8%
Free cash flow$7.0M-34.2%

Valuation

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Market cap$412.08M+25.6%
P/E11.5×-0.5×
P/S3.3×+0.2×

Profitability

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Net margin28.6%+2.5pp
FCF margin24.9%-13.0pp

Returns & leverage

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Return on equity10%+1.7pp
Debt / equity0.0×

Where this comes from

Reported directly by Farmers & Merchants Bancorp in its filing.

Tagged under the XBRL concept us-gaap:SellingGeneralAndAdministrativeExpense.

The official record: Farmers & Merchants Bancorp’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Farmers & Merchants Bancorp's SG&A?
Farmers & Merchants Bancorp (FMAO) reported SG&A of $1.69M in Q1 2026.
How has Farmers & Merchants Bancorp's SG&A changed year-over-year?
Farmers & Merchants Bancorp's SG&A increased by 13.9% year-over-year, from $1.48M to $1.69M.
What is the long-term trend for Farmers & Merchants Bancorp's SG&A?
Over 3 years (2021 to 2025), Farmers & Merchants Bancorp's SG&A has grown at a -10.1% compound annual growth rate (CAGR), from $8.18M to $5.94M.
What does SG&A mean?
Combined selling expenses (sales force, marketing, distribution) and general & administrative costs (management, legal, accounting, facilities) — the broadest opex category.