Farmers Historical Income Statement

FMAO Stock

USD 31.92 1.11 3.36%

Historical analysis of Farmers Merchants income statement accounts such as Selling General Administrative of 49.4 M or Total Revenue of 100.5 M can show how well Farmers Merchants Bancorp performed in making a profits. Evaluating Farmers Merchants income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Farmers Merchants's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining Farmers Merchants Bancorp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Farmers Merchants Bancorp is a good buy for the upcoming year.

Net Income Gross Profit

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Farmers Merchants Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

About Farmers Income Statement Analysis

Farmers Merchants Bancorp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Farmers Merchants shareholders. The income statement also shows Farmers investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Farmers Merchants Income Statement Chart

At this time, Farmers Merchants' Total Operating Expenses is very stable compared to the past year. As of the 13th of December 2024, Total Other Income Expense Net is likely to grow to about 29.8 M, while Operating Income is likely to drop about 22.1 M.

Selling General Administrative Total Revenue Gross Profit Other Operating Expenses

Total Revenue

Total revenue comprises all receipts Farmers Merchants Bancorp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Farmers Merchants Bancorp minus its cost of goods sold. It is profit before Farmers Merchants operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Farmers Merchants Bancorp. It is also known as Farmers Merchants overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Most accounts from Farmers Merchants' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Farmers Merchants Bancorp current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Farmers Merchants Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

	2021	2022	2023	2024 (projected)
Interest Expense	7.3M	14.4M	58.4M	61.3M
Depreciation And Amortization	3.4M	3.9M	5.8M	6.1M

Interest Expense Depreciation And Amortization

Farmers Merchants income statement Correlations

	Depreciation And Amortization	Interest Expense	Selling General Administrative	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Net Income From Continuing Ops	Tax Provision	Net Interest Income	Interest Income	Selling And Marketing Expenses	Reconciled Depreciation
Depreciation And Amortization		0.8	0.83	0.74	0.74	0.85	0.31	0.32	0.45	0.34	0.48	0.06	0.47	0.49	0.59	0.62	0.7	0.72	0.72	0.32
Interest Expense	0.8		0.79	0.61	0.61	0.9	0.12	0.17	0.24	0.66	0.26	0.44	0.26	0.25	0.42	0.38	0.55	0.66	0.74	0.56
Selling General Administrative	0.83	0.79		0.96	0.96	0.95	0.44	0.47	0.54	0.21	0.73	0.08	0.72	0.67	0.83	0.76	0.88	0.88	0.88	0.32
Total Revenue	0.74	0.61	0.96		1.0	0.85	0.5	0.5	0.56	0.01	0.82	-0.05	0.82	0.73	0.9	0.81	0.91	0.87	0.83	0.21
Gross Profit	0.74	0.61	0.96	1.0		0.85	0.5	0.5	0.56	0.01	0.82	-0.05	0.82	0.73	0.9	0.81	0.91	0.87	0.83	0.21
Other Operating Expenses	0.85	0.9	0.95	0.85	0.85		0.19	0.28	0.36	0.38	0.52	0.34	0.52	0.46	0.66	0.57	0.76	0.81	0.86	0.54
Operating Income	0.31	0.12	0.44	0.5	0.5	0.19		0.93	0.92	-0.35	0.83	-0.7	0.81	0.85	0.79	0.81	0.7	0.59	0.44	-0.4
Ebit	0.32	0.17	0.47	0.5	0.5	0.28	0.93		0.98	-0.36	0.84	-0.56	0.82	0.82	0.81	0.76	0.75	0.64	0.51	-0.24
Ebitda	0.45	0.24	0.54	0.56	0.56	0.36	0.92	0.98		-0.31	0.87	-0.53	0.86	0.84	0.84	0.8	0.81	0.73	0.6	-0.15
Total Operating Expenses	0.34	0.66	0.21	0.01	0.01	0.38	-0.35	-0.36	-0.31		-0.38	0.56	-0.39	-0.29	-0.25	-0.17	-0.14	0.04	0.13	0.39
Income Before Tax	0.48	0.26	0.73	0.82	0.82	0.52	0.83	0.84	0.87	-0.38		-0.44	1.0	0.91	0.98	0.89	0.94	0.85	0.75	-0.04
Total Other Income Expense Net	0.06	0.44	0.08	-0.05	-0.05	0.34	-0.7	-0.56	-0.53	0.56	-0.44		-0.42	-0.5	-0.33	-0.45	-0.21	-0.04	0.12	0.84
Net Income	0.47	0.26	0.72	0.82	0.82	0.52	0.81	0.82	0.86	-0.39	1.0	-0.42		0.87	0.98	0.86	0.94	0.86	0.76	-0.02
Income Tax Expense	0.49	0.25	0.67	0.73	0.73	0.46	0.85	0.82	0.84	-0.29	0.91	-0.5	0.87		0.87	0.97	0.83	0.73	0.6	-0.18
Net Income From Continuing Ops	0.59	0.42	0.83	0.9	0.9	0.66	0.79	0.81	0.84	-0.25	0.98	-0.33	0.98	0.87		0.89	0.98	0.9	0.82	0.04
Tax Provision	0.62	0.38	0.76	0.81	0.81	0.57	0.81	0.76	0.8	-0.17	0.89	-0.45	0.86	0.97	0.89		0.87	0.78	0.66	-0.13
Net Interest Income	0.7	0.55	0.88	0.91	0.91	0.76	0.7	0.75	0.81	-0.14	0.94	-0.21	0.94	0.83	0.98	0.87		0.97	0.91	0.2
Interest Income	0.72	0.66	0.88	0.87	0.87	0.81	0.59	0.64	0.73	0.04	0.85	-0.04	0.86	0.73	0.9	0.78	0.97		0.98	0.39
Selling And Marketing Expenses	0.72	0.74	0.88	0.83	0.83	0.86	0.44	0.51	0.6	0.13	0.75	0.12	0.76	0.6	0.82	0.66	0.91	0.98		0.53
Reconciled Depreciation	0.32	0.56	0.32	0.21	0.21	0.54	-0.4	-0.24	-0.15	0.39	-0.04	0.84	-0.02	-0.18	0.04	-0.13	0.2	0.39	0.53

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Farmers Merchants Account Relationship Matchups

Farmers Merchants income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	487K	3.3M	3.4M	3.9M	5.8M	6.1M
Interest Expense	14.8M	10.4M	7.3M	14.4M	58.4M	61.3M
Selling General Administrative	28.4M	30.8M	36.8M	40.1M	47.1M	49.4M
Total Revenue	63.6M	74.9M	84.8M	100.4M	95.7M	100.5M
Gross Profit	63.6M	74.9M	84.8M	100.4M	95.7M	100.5M
Other Operating Expenses	40.9M	49.7M	55.3M	41.7M	94.7M	99.4M
Operating Income	22.6M	25.2M	29.5M	58.7M	28.4M	22.1M
Ebit	22.6M	26.2M	31.1M	40.6M	28.4M	21.6M
Ebitda	23.1M	29.5M	34.5M	44.5M	34.1M	23.1M
Total Operating Expenses	(40.9M)	(49.7M)	(55.3M)	(41.7M)	94.7M	99.4M
Income Before Tax	22.6M	25.2M	29.5M	40.5M	28.4M	18.3M
Total Other Income Expense Net	22.8M	25.2M	(743.3K)	(18.2M)	28.4M	29.8M
Net Income	18.4M	20.1M	23.5M	32.5M	22.8M	13.5M
Income Tax Expense	4.2M	5.1M	6.0M	8.0M	5.6M	4.8M
Net Income Applicable To Common Shares	18.3M	20.1M	23.5M	32.5M	37.4M	39.3M
Net Income From Continuing Ops	18.4M	20.1M	23.5M	32.5M	24.4M	18.7M
Tax Provision	4.2M	5.1M	6.0M	8.0M	5.9M	5.5M
Net Interest Income	53.3M	59.6M	69.3M	86.5M	83.4M	57.3M
Interest Income	68.0M	70.0M	76.7M	100.8M	130.4M	70.2M
Selling And Marketing Expenses	1.6M	1.3M	1.4M	1.6M	2.6M	1.5M
Reconciled Depreciation	3.5M	4.3M	1.6M	145K	5.5M	3.1M

Pair Trading with Farmers Merchants

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Farmers Merchants position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Farmers Merchants will appreciate offsetting losses from the drop in the long position's value.

Moving together with Farmers Stock

0.98	AX	Axos Financial	Pair Corr
0.96	BY	Byline Bancorp Fiscal Year End 23rd of January 2025	Pair Corr
0.97	PB	Prosperity Bancshares Fiscal Year End 22nd of January 2025	Pair Corr

Moving against Farmers Stock

0.79	CFG-PE	Citizens Financial	Pair Corr
0.73	TFC-PR	Truist Financial	Pair Corr
0.72	TFC-PO	Truist Financial	Pair Corr
0.4	WF	Woori Financial Group	Pair Corr

The ability to find closely correlated positions to Farmers Merchants could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Farmers Merchants when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Farmers Merchants - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Farmers Merchants Bancorp to buy it.

The correlation of Farmers Merchants is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Farmers Merchants moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Farmers Merchants Bancorp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Farmers Merchants can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Farmers Merchants Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Farmers Merchants' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Farmers Merchants Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Farmers Merchants Bancorp Stock:

How To Invest In Farmers

Details

Is Farmers Stock a good investment?

Details

What is Farmers Merchants' Net Worth?

Details

Largest Regional Banks Companies

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Largest Banks - Regional Companies

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You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.

Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Farmers Merchants. If investors know Farmers will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Farmers Merchants listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.36

Dividend Share

0.881

Earnings Share

1.66

Revenue Per Share

7.25

Quarterly Revenue Growth

0.113

The market value of Farmers Merchants Bancorp is measured differently than its book value, which is the value of Farmers that is recorded on the company's balance sheet. Investors also form their own opinion of Farmers Merchants' value that differs from its market value or its book value, called intrinsic value, which is Farmers Merchants' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Farmers Merchants' market value can be influenced by many factors that don't directly affect Farmers Merchants' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Farmers Merchants' value and its price as these two are different measures arrived at by different means. Investors typically determine if Farmers Merchants is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Farmers Merchants' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Farmers Historical Income Statement

About Farmers Income Statement Analysis

Farmers Merchants Income Statement Chart

Total Revenue

Gross Profit

Other Operating Expenses

Farmers Merchants income statement Correlations

Farmers Merchants Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Farmers Merchants income statement Accounts

Pair Trading with Farmers Merchants

Moving together with Farmers Stock

Moving against Farmers Stock

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Gross Profit	+ 1.0	Total Revenue
Net Income	+ 1.0	Income Before Tax
Ebitda	+ 0.98	Ebit
Net Income From Continuing Ops	+ 0.98	Income Before Tax
Net Income From Continuing Ops	+ 0.98	Net Income
Net Interest Income	+ 0.98	Net Income From Continuing Ops

Total Other Income Expense Net	- 0.7	Operating Income
Total Other Income Expense Net	- 0.56	Ebit
Total Other Income Expense Net	- 0.53	Ebitda
Income Tax Expense	- 0.5	Total Other Income Expense Net
Tax Provision	- 0.45	Total Other Income Expense Net
Total Other Income Expense Net	- 0.44	Income Before Tax