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 increased compared to the previous period by 9% to $217,918,000. The net income raised on $88,314,000 and profit margin reached 41%. Total operating expenses were $85,232,000.
Profit Margin
| 2014 | 90.90M | 25.40M | 27.94% |
|---|---|---|---|
| 2015 | 99.95M | 27.39M | 27.41% |
| 2016 | 112.43M | 29.72M | 26.44% |
| 2017 | 122.93M | 28.37M | 23.08% |
| 2018 | 139.63M | 45.52M | 32.6% |
| 2019 | 155.13M | 56.03M | 36.12% |
| 2020 | 163.08M | 58.73M | 36.02% |
| 2021 | 179.37M | 66.33M | 36.98% |
| 2022 | 199.3M | 75.09M | 37.68% |
| 2023 | 217.91M | 88.31M | 40.53% |
FMCB Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 217.91M | 199.3M | 179.37M | 163.08M | 155.13M | 139.63M | 122.93M | 112.43M | 99.95M | 90.90M |
Cost of revenue | 0 | 0 | 0 | 0 | 0 | 14.13M | 14.61M | 17.36M | 13.2M | 12.2M |
Gross profit | 217.91M | 199.3M | 179.37M | 163.08M | 155.13M | 125.50M | 108.32M | 95.07M | 86.75M | 78.70M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 1.88M | 1.32M | 1.09M | 922K | 1.25M | 1.23M | 1.02M | 1.19M | 1.25M | 353K |
Total operating expenses | 85.23M | 1.32M | -91.05M | -85.12M | -79.81M | 50.05M | 45.74M | 41.98M | 39.68M | 36.44M |
Operating income | 116.55M | 104.58M | 88.32M | 77.95M | 75.31M | 67.68M | 60.77M | 45.82M | 44.31M | 40.49M |
Other income (expenses), net | 0 | -4.84M | 88.32M | -14.77M | 75.31M | -7.95M | -13.02M | 45.82M | 392K | 0 |
Income before tax | 116.55M | 99.74M | 88.32M | 77.95M | 75.31M | 59.73M | 54.48M | 45.82M | 44.31M | 40.49M |
Income tax expense | 28.23M | 24.65M | 21.98M | 19.21M | 19.27M | 14.20M | 26.11M | 16.09M | 16.92M | 15.09M |
Net income | 88.31M | 75.09M | 66.33M | 58.73M | 56.03M | 45.52M | 28.37M | 29.72M | 27.39M | 25.40M |
Earnings per share | ||||||||||
Basic EPS | 116.61 | 96.55 | 84.01 | 74.03 | 71.18 | 56.82 | 35.03 | 37.44 | 34.82 | 32.64 |
Diluted EPS | 116.61 | 96.55 | 84.01 | 74.03 | 71.18 | 56.82 | 35.03 | 37.44 | 34.82 | 32.64 |
| Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source |