Farmers & Merchants Bancorp, Inc.FMAONASDAQ
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Operating Expenses Over TimeExpanding
Percentile Rank100
3Y CAGR+11.5%
5Y CAGR+12.0%
Studio
Year-over-Year Change

Expenses from normal business operations (SG&A, R&D, etc.)

3Y CAGR
+11.5%/yr
vs +15.2%/yr prior
5Y CAGR
+12.0%/yr
Consistent
Acceleration
-3.7pp
Decelerating
Percentile
P100
Near historical high
vs 5Y Ago
1.8x
Solid growth
Streak
9 yr
Consecutive growthExpanding
PeriodValueYoY Change
2025$75.23M+13.9%
2024$66.06M+4.0%
2023$63.54M+17.2%
2022$54.22M+4.5%
2021$51.89M+21.6%
2020$42.68M+7.6%
2019$39.67M+29.0%
2018$30.76M+11.7%
2017$27.53M+5.3%
2016$26.14M-