FMAO (Farmers & Merchants Bancorp) General and Admin. Expense: $49.6 Mil (TTM As of Jun. 2026)

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FMAO Farmers & Merchants Bancorp Inc FMAO
63 GF Score
Price $33.50
GF Value $29.13
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Farmers & Merchants Bancorp General and Admin. Expense?

Farmers & Merchants Bancorp FMAO -0.18% 63 General and Admin. Expense is $49.6 Mil as of Jun. 2026. GuruFocus rates FMAO with a GF Score™ of 63/100 and a GF Value™ of $29.13 (Modestly Overvalued). The stock has 5 warning signs investors should review.

General and Admin. Expense is the aggregate total of general managing and administering expenses for the company. Farmers & Merchants Bancorp's General and Admin. Expense for the three months ended in Jun. 2026 was $12.7 Mil. Its General and Admin. Expense for the trailing twelve months (TTM) ended in Jun. 2026 was $49.6 Mil.


Farmers & Merchants Bancorp General and Admin. Expense Related Terms


Farmers & Merchants Bancorp General and Admin. Expense Historical Data

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The historical data trend for Farmers & Merchants Bancorp's General and Admin. Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Farmers & Merchants Bancorp General and Admin. Expense Chart

Farmers & Merchants Bancorp Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
General and Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.75 36.39 42.79 46.24 48.57

Farmers & Merchants Bancorp Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
General and Admin. Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.20 12.11 12.04 12.73 12.68
FMAO
63GF Score
Farmers & Merchants Bancorp Inc FMAO
General and Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Farmers & Merchants Bancorp General and Admin. Expense Calculation

General and Admin. Expense is the aggregate total of general managing and administering expenses for the company.

General and Admin. Expense for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $49.6 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a General and Admin. Expense of $49.6 Mil mean?
Farmers & Merchants Bancorp (FMAO) has a General and Admin. Expense of $49.6 Mil as of Jun. 2026. General and Admin. Expense is the aggregate total of general managing and administering expenses for the company. View historical data on Farmers & Merchants Bancorp and its competitors.
Is Farmers & Merchants Bancorp's General and Admin. Expense too high?
Farmers & Merchants Bancorp's current General and Admin. Expense is $49.6 Mil. Overall, Farmers & Merchants Bancorp has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Farmers & Merchants Bancorp's General and Admin. Expense compare to PLBC and NEWT?
Farmers & Merchants Bancorp's General and Admin. Expense of $49.6 Mil can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good General and Admin. Expense for a Banks company?
A good General and Admin. Expense depends on the Banks industry context. However, General and Admin. Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high General and Admin. Expense mean?
A high General and Admin. Expense can signal that a stock is expensive relative to its fundamentals. General and Admin. Expense is the aggregate total of general managing and administering expenses for the company. View historical data on Farmers & Merchants Bancorp and its competitors. Farmers & Merchants Bancorp's current General and Admin. Expense is $49.6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Farmers & Merchants Bancorp stock overvalued right now?
Based on GuruFocus' analysis, Farmers & Merchants Bancorp (FMAO) is currently considered Modestly Overvalued. The stock's GF Value™ is $29.13, compared to a current price of $33.50 — trading 15% above its estimated fair value. The current General and Admin. Expense is $49.6 Mil. Farmers & Merchants Bancorp's overall GF Score™ is 63/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is General and Admin. Expense calculated?
General and Admin. Expense is calculated from a company's financial statements. For Farmers & Merchants Bancorp (FMAO), the current General and Admin. Expense is $49.6 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Farmers & Merchants Bancorp (FMAO) Overvalued in 2026?

Based on GuruFocus' analysis, Farmers & Merchants Bancorp stock appears to be overvalued. The current stock price of $33.50 is trading 15% above its estimated GF Value™ of $29.13. GuruFocus considers Farmers & Merchants Bancorp to be Modestly Overvalued.

Key valuation signals for FMAO:

  • General and Admin. Expense: $49.6 Mil
  • GF Value™: $29.13 vs. price of $33.50 (15% above fair value)
  • GF Score™: 63/100 with 5 warning signs

No single metric tells the full story. See the FMAO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Farmers & Merchants Bancorp Business Description

Address 307 North Defiance Street, Archbold, OH, USA, 43502
Farmers & Merchants Bancorp Inc is a holding company based in Ohio. The company is engaged in one segment which is commercial banking. The activities of the company include commercial, agricultural and residential mortgages as well as consumer and credit card lending activities.
63GF Score

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General and Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$33.50
Price
$29.13
GF Value