Farmers & Merchants Bancorp
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Farmers & Merchants Bancorp's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 5% to $95,693,000. Profit margin reached 24%. Total operating expenses were $94,691,000.
Profit Margin
| 2014 | 39.76M | 9.64M | 24.26% |
|---|---|---|---|
| 2015 | 40.80M | 10.34M | 25.34% |
| 2016 | 44.79M | 11.66M | 26.04% |
| 2017 | 46.82M | 12.72M | 27.16% |
| 2018 | 49.33M | 14.94M | 30.3% |
| 2019 | 63.57M | 18.40M | 28.95% |
| 2020 | 74.86M | 20.09M | 26.84% |
| 2021 | 84.82M | 23.49M | 27.7% |
| 2022 | 100.36M | 32.51M | 32.4% |
| 2023 | 95.69M | 22.78M | 23.81% |
FMAO Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 95.69M | 100.36M | 84.82M | 74.86M | 63.57M | 49.33M | 46.82M | 44.79M | 40.80M | 39.76M |
Cost of revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Gross profit | 95.69M | 100.36M | 84.82M | 74.86M | 63.57M | 49.33M | 46.82M | 44.79M | 40.80M | 39.76M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 2.60M | 1.64M | 1.43M | 1.33M | 1.56M | 887K | 757K | 727K | 0 | 0 |
Total operating expenses | 94.69M | -41.65M | -55.33M | -49.66M | -40.93M | 23.40M | 22.88M | 21.46M | 20.61M | 20.03M |
Operating income | 28.35M | 58.71M | 29.49M | 25.20M | 22.63M | 24.74M | 24.88M | 22.33M | 19.43M | 17.23M |
Other income (expenses), net | 0 | -18.23M | 29.49M | 0 | 22.76M | 18.17M | 0 | 16.32M | 0 | 0 |
Income before tax | 28.35M | 40.47M | 29.49M | 25.20M | 22.63M | 18.17M | 17.90M | 16.32M | 14.15M | 13.51M |
Income tax expense | 5.56M | 7.96M | 6.00M | 5.11M | 4.23M | 3.22M | 5.18M | 4.65M | 3.81M | 3.87M |
Net income | 22.78M | 32.51M | 23.49M | 20.09M | 18.40M | 14.94M | 12.72M | 11.66M | 10.34M | 9.64M |
Earnings per share | ||||||||||
Basic EPS | 1.67 | 2.46 | 2.01 | 1.8 | 1.66 | 1.63 | 1.38 | 1.26 | 1.12 | 1.04 |
Diluted EPS | 1.67 | 2.46 | 2.01 | 1.8 | 1.66 | 1.63 | 1.38 | 1.26 | 1.12 | 1.04 |
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