Farmers & Merchants Bancorp (FMAO) Income Statement: Revenue & Earnings

Farmers & Merchants Bancorp Income Statement Analysis

Revenue, earnings, and profit margins in millions USD

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Farmers & Merchants Bancorp, Inc. income statement - Annual data in millions USD
Breakdown	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018
Period Ending	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018
Revenue & Gross Profit
Revenue	176.56	97.30	99.30	84.83	69.15	65.37	49.34
Cost of Revenue	77.93	0.00	0.00	0.00	0.00	0.00	0.00
Gross Profit	98.63	0.00	0.00	0.00	0.00	0.00	0.00
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	48.38	45.40	38.04	38.19	32.15	29.89	24.65
Operating Expenses	66.06	0.00	0.00	0.00	0.00	0.00	0.00
Operating Income	32.57	0.00	0.00	0.00	0.00	0.00	0.00
Other Income/Expense
Interest Income	162.21	139.81	100.83	76.67	70.17	68.31	46.21
Interest Expense	77.66	58.41	14.36	7.34	10.39	14.76	6.57
Other Income/Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Income
Income Before Tax	32.57	28.35	40.48	29.50	25.21	22.76	18.25
Income Tax Expense	6.64	5.57	7.96	6.00	5.11	4.36	3.30
Net Income	25.94	22.79	32.52	23.50	20.10	18.40	14.95
Net Income - Continuous Operations	25.94	22.79	32.52	23.50	0.00	0.00	0.00
Net Income - Discontinued Operations	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBITDA	38.95	0.00	0.00	0.00	0.00	0.00	0.00
EBIT	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Depreciation & Amortization	6.37	3.40	1.28	1.58	1.03	0.49	0.36
Earnings Per Share
Basic EPS	2.00	2.00	2.00	2.00	2.00	2.00	2.00
Diluted EPS	2.00	2.00	2.00	2.00	2.00	2.00	2.00
Basic Shares Outstanding	13.68	13.64	13.21	11.66	11.06	11.11	9.18
Diluted Shares Outstanding	13.42	13.64	13.21	11.66	11.06	11.11	9.18