Filing Flows › Farmers & Merchants Bancorp (FMAO) › How it makes money
How Farmers & Merchants Bancorp (FMAO) makes money
Farmers & Merchants Bancorp (FMAO) made $34.8M of revenue in the third quarter 2026 (Q3 2026), +11% from a year earlier. Net interest income brought in $29.9M (86%); Noninterest income brought in $4.9M (14%). Of every dollar of revenue, 41¢ was left as operating profit, 33¢ was left as net earnings.
Drawing the Sankey…
Revenue by segment, Q3 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Net interest income | $29.9M | 86.0% | +4% | +11% |
| Noninterest income | $4.9M | 14.0% | -10% | +12% |
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $34.8M | 100.0% |
| Operating profit | $14.2M | 40.8% |
| Income tax | $2.7M | 7.7% |
| Net earnings | $11.5M | 33.1% |
| Operating cash flow | $14.9M | 42.7% |
| Free cash flow | $14.6M | 41.9% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $34.8M | +11% |
From Farmers & Merchants Bancorp's 10-Q filed Oct 27, 2026 (on EDGAR).
Questions
How does Farmers & Merchants Bancorp make money?
Farmers & Merchants Bancorp (FMAO) made $34.8M of revenue in the third quarter 2026 (Q3 2026), +11% from a year earlier. Net interest income brought in $29.9M (86%); Noninterest income brought in $4.9M (14%). Of every dollar of revenue, 41¢ was left as operating profit, 33¢ was left as net earnings.
What is Farmers & Merchants Bancorp's biggest business?
Net interest income: $29.9M in the third quarter 2026, 86% of revenue, +11% from a year earlier.
What is Farmers & Merchants Bancorp's profit margin?
Net earnings were $11.5M, 33.1% of revenue, in the third quarter 2026; the operating margin was 40.8%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.