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Farmers and Merchants Bancshares (MD) (Farmers and Merchants Bancshares (MD)) Gross-Profit-to-Asset % : 2.85% (As of Mar. 2024)


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What is Farmers and Merchants Bancshares (MD) Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Farmers and Merchants Bancshares (MD)'s annualized Gross Profit for the quarter that ended in Mar. 2024 was $22.72 Mil. Farmers and Merchants Bancshares (MD)'s average Total Assets over the quarter that ended in Mar. 2024 was $797.27 Mil. Therefore, Farmers and Merchants Bancshares (MD)'s annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 2.85%.


Farmers and Merchants Bancshares (MD) Gross-Profit-to-Asset % Historical Data

The historical data trend for Farmers and Merchants Bancshares (MD)'s Gross-Profit-to-Asset % 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.

* Premium members only.

Farmers and Merchants Bancshares (MD) Gross-Profit-to-Asset % Chart

Farmers and Merchants Bancshares (MD) Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Dec06 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial 4.84 5.23 5.59 3.61 2.99

Farmers and Merchants Bancshares (MD) Quarterly Data
Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross-Profit-to-Asset % 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 3.35 3.12 3.00 2.80 2.85

Competitive Comparison of Farmers and Merchants Bancshares (MD)'s Gross-Profit-to-Asset %

For the Banks - Regional subindustry, Farmers and Merchants Bancshares (MD)'s Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Farmers and Merchants Bancshares (MD)'s Gross-Profit-to-Asset % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Farmers and Merchants Bancshares (MD)'s Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Farmers and Merchants Bancshares (MD)'s Gross-Profit-to-Asset % falls into.



Farmers and Merchants Bancshares (MD) Gross-Profit-to-Asset % Calculation

Farmers and Merchants Bancshares (MD)'s annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=22.734/( (718.211+799.941)/ 2 )
=22.734/759.076
=2.99 %

Farmers and Merchants Bancshares (MD)'s annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=22.716/( (799.941+794.593)/ 2 )
=22.716/797.267
=2.85 %

* 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.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Mar. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Farmers and Merchants Bancshares (MD) Gross-Profit-to-Asset % Related Terms

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Farmers and Merchants Bancshares (MD) (Farmers and Merchants Bancshares (MD)) Business Description

Traded in Other Exchanges
N/A
Address
15226 Hanover Pike, Upperco, MD, USA, 21155
Farmers and Merchants Bancshares Inc (MD) is an independent community bank, offering a broad range of financial services. The Bank operates five banking offices located in Northern Baltimore County and Carroll County, Maryland. It provides services of checking accounts, saving accounts, re-order checks and among others.