FMCB Income Statement - TTM - Farmers & Merchants Bancorp

Income Statement (TTM)

Farmers & Merchants Bancorp Income Statement shows changes in income and expenses over a period of time. Income Statement data includes Sales and Revenue, Gross Profit, Research and Development (R&D), Selling, General and Administrative Expense (SG&A), Operating Income, Income Tax Expense, Interest Expense, Non-Operating Income, Earnings per Share (EPS), and Shares Outstanding.

All numbers are times 1,000,000 except per share units.

	2020 09-30	2020 12-31	2021 03-31	2021 06-30	2021 09-30	2021 12-31	2022 03-31	2022 06-30	2022 09-30	2022 12-31	2023 03-31	2023 06-30	2023 09-30	2023 12-31	2024 03-31	2024 06-30	2024 09-30	2024 12-31	2025 03-31	2025 06-30
Revenue	158	160	168	174	178	177	181	183	189	193	204	213	216	218	217	217	221	224	225	228
Change (%)		1.76	4.62	3.80	1.96	-0.04	1.90	0.96	3.60	1.96	5.79	4.21	1.66	0.83	-0.41	0.11	1.95	1.18	0.48	1.08
% of Revenue	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00

Cost Of Sales
Change (%)
% of Revenue

Gross Operating Profit	158	160	168	174	178	177	181	183	189	193	204	213	216	218	217	217	221	224	225	228
Change (%)		1.76	4.62	3.80	1.96	-0.04	1.90	0.96	3.60	1.96	5.79	4.21	1.66	0.83	-0.41	0.11	1.95	1.18	0.48	1.08
% of Revenue	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00

SG&A	67	68	70	73	73	76	75	75	77	78	81	83	85	85	83	84	86	89	89	90
Change (%)		0.87	3.05	4.31	0.91	3.53	-1.27	0.33	2.39	0.88	4.41	2.51	2.35	0.11	-2.31	0.47	3.12	3.37	0.29	0.78
% of Revenue	42.55	42.18	41.55	41.75	41.32	42.80	41.47	41.21	40.73	40.30	39.78	39.13	39.39	39.11	38.37	38.51	38.95	39.79	39.72	39.60

R&D
Change (%)
% of Revenue

OpEx	80	82	85	89	89	88	91	90	94	91	95	99	99	99	96	94	98	99	99	100
Change (%)		1.75	4.23	4.13	-0.30	-1.09	3.49	-0.70	4.15	-2.64	4.44	3.65	-0.23	-0.05	-2.72	-1.49	3.46	1.28	-0.05	1.19
% of Revenue	51.07	51.07	50.88	51.04	49.91	49.39	50.16	49.33	49.60	47.36	46.76	46.51	45.64	45.24	44.20	43.49	44.14	44.18	43.95	44.00

Operating Income	77	78	82	85	89	90	90	93	95	102	109	114	117	119	121	123	124	125	126	127
Change (%)		1.78	5.02	3.45	4.32	1.00	0.36	2.63	3.05	6.48	7.00	4.70	3.31	1.57	1.50	1.37	0.78	1.10	0.90	1.00
% of Revenue	48.93	48.93	49.12	48.96	50.09	50.61	49.84	50.67	50.40	52.64	53.24	53.49	54.36	54.76	55.80	56.51	55.86	55.82	56.05	56.00

Interest Expense
Change (%)
% of Revenue

Net Income	58	59	61	63	66	66	67	69	71	75	82	84	87	88	87	88	88	88	89	90
Change (%)		1.47	4.41	3.01	4.26	0.72	0.52	3.43	2.95	5.75	8.64	3.51	2.96	1.58	-0.93	0.52	0.10	0.48	0.32	1.45
% of Revenue	36.73	36.63	36.55	36.28	37.10	37.38	36.87	37.78	37.54	38.94	39.99	39.72	40.23	40.53	40.31	40.48	39.75	39.47	39.41	39.55

Source: Capital IQ

Farmers & Merchants Bancorp - Income Statement (TTM)

Income Statement (TTM)