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Financial Institutions vs Farmers & Merchants Bancorp: FISI and FMCB compared
Financial Institutions is the larger company: $64.7M of revenue in its latest quarter (Q3 2026) against $64.6M for Farmers & Merchants Bancorp (Q3 2026). Farmers & Merchants Bancorp is growing faster (+4% against +1% a year earlier). Farmers & Merchants Bancorp is more profitable, with an operating margin of 42.2% against 37.1%.
Where the money goes: FISI and FMCB
Financial Institutions (FISI) · Q3 2026
Financial Institutions, Q3 2026: revenue $64.7M (+1% year over year), operating margin 37.1%, net earnings $20.0M, operating cash flow $33.6M. The chart follows the revenue to costs, profit and cash.
Farmers & Merchants Bancorp (FMCB) · Q3 2026
Farmers & Merchants Bancorp, Q3 2026: revenue $64.6M (+4% year over year), operating margin 42.2%, net earnings $25.1M, operating cash flow $40.4M. The chart follows the revenue to costs, profit and cash.
| Financial Institutions (FISI) | Farmers & Merchants Bancorp (FMCB) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q3 2026 |
| Revenue | $64.7M | $64.6M |
| Revenue growth, Y/Y | +1% | +4% |
| Operating margin | 37.1% | 42.2% |
| Net earnings | $20.0M | $25.1M |
| Net margin | 30.9% | 38.8% |
| Operating cash flow | $33.6M | $40.4M |
| Free cash flow | $31.8M | $39.2M |
Where the revenue comes from
Financial Institutions
- Net interest income: $54.3M (84%)
- Noninterest income: $10.5M (16%)
Farmers & Merchants Bancorp
- Net interest income: $58.3M (90%)
- Noninterest income: $6.3M (10%)
Questions
Which is bigger, Financial Institutions or Farmers & Merchants Bancorp?
Financial Institutions is the larger company: $64.7M of revenue in its latest quarter (Q3 2026) against $64.6M for Farmers & Merchants Bancorp (Q3 2026).
Is Financial Institutions or Farmers & Merchants Bancorp growing faster?
Farmers & Merchants Bancorp is growing faster (+4% against +1% a year earlier).
Which is more profitable, Financial Institutions or Farmers & Merchants Bancorp?
Farmers & Merchants Bancorp is more profitable, with an operating margin of 42.2% against 37.1%.
More: Financial Institutions earnings · how Financial Institutions makes money · Farmers & Merchants Bancorp earnings · how Farmers & Merchants Bancorp makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Nov 9, 2026; 10-Q filed Nov 6, 2026). Fiscal quarters can end on different dates. Not investment advice.