# Farmers & Merchants (FMAO) — Earnings

FMAO · NASDAQ · Stock

Canonical page: https://www.lighthorse.io/tickers/fmao/earnings

## Most recent quarter

| Metric | Value |
| --- | --- |
| Fiscal period | Q4 2025 |
| Period end | Dec 31, 2025 |
| EPS actual | $0.71 |
| EPS estimate | $0.66 |
| EPS surprise | +8.40% |
| Revenue surprise | +3.18% |
| Revenue | $32.5M |
| Revenue estimate | $31.5M |
| Reported | Feb 12, 2026 |
| SEC filing | [View filing](https://www.sec.gov:443/Archives/edgar/data/792966/000119312526048918/fmao-20260212.htm) |

## Earnings history

| Fiscal period | Report date | EPS estimate | EPS actual | Surprise | Revenue estimate | Revenue actual |
| --- | --- | --- | --- | --- | --- | --- |
| Q4 2025 | Feb 12, 2026 | $0.66 | $0.71 | 8.40% | $31.5M | $32.5M |
| Q2 2025 | Jul 28, 2025 | $0.50 | $0.56 | 11.27% | $28.4M | $29.6M |
| Q1 2025 | Apr 28, 2025 | $0.42 | $0.51 | 20.48% | $26.9M | $28.1M |
| Q4 2024 | Feb 12, 2025 | $0.48 | $0.61 | 26.42% | $26.1M | $26.8M |
| Q3 2024 | Oct 30, 2024 | $0.41 | $0.48 | 17.79% | $25.0M | $25.5M |
| Q2 2024 | Aug 1, 2024 | $0.36 | $0.42 | 17.48% | $24.2M | $25.0M |
| Q1 2024 | May 1, 2024 | $0.35 | $0.39 | 12.49% | $23.9M | $24.1M |
| Q4 2023 | Feb 13, 2024 | $0.32 | $0.41 | 30.16% | $23.3M | $23.9M |
| Q3 2023 | Oct 26, 2023 | $0.37 | $0.35 | -5.41% | $24.0M | $23.3M |
| Q2 2023 | Jul 26, 2023 | $0.45 | $0.46 | 1.88% | $25.3M | $24.4M |
| Q1 2023 | Apr 19, 2023 | $0.54 | $0.48 | -11.11% | $25.7M | $25.9M |
| Q4 2022 | Feb 8, 2023 | $0.67 | $0.65 | -3.46% | $28.1M | $26.7M |
| Q3 2022 | Oct 19, 2022 | $0.72 | $0.68 | -4.90% | $26.4M | $26.3M |
| Q2 2022 | Jul 21, 2022 | $0.62 | $0.63 | 1.61% | $25.0M | $25.2M |
| Q1 2022 | Apr 20, 2022 | $0.57 | $0.62 | 9.41% | $24.0M | $24.1M |
| Q4 2021 | Feb 14, 2022 | $0.56 | $0.66 | 18.56% | $22.8M | $24.6M |
| Q3 2021 | Oct 20, 2021 | $0.55 | $0.63 | 15.24% | $20.9M | $22.5M |
| Q2 2021 | Jul 21, 2021 | $0.47 | $0.52 | 11.93% | $20.3M | $20.0M |
| Q1 2021 | Apr 21, 2021 | $0.45 | $0.44 | -2.93% | $19.8M | $20.0M |
| Q4 2020 | Feb 10, 2021 | $0.39 | $0.48 | 24.13% | $19.9M | $21.7M |

## Frequently Asked Questions

### When did Farmers & Merchants (FMAO) last report earnings?

Farmers & Merchants last reported on Feb 12, 2026, covering fiscal Q4 2025.

### Did FMAO beat earnings estimates?

Yes. Farmers & Merchants reported EPS of $0.71 for Q4 2025 against a $0.66 estimate — a 8.40% beat.

### How much revenue did FMAO report last quarter?

Farmers & Merchants reported $32.5M in revenue for Q4 2025, against a consensus estimate of $31.5M.

## Similar Stocks

- [MCBS](https://www.lighthorse.io/tickers/mcbs) — MetroCity Bankshares, Inc. - Common Stock
- [UCB](https://www.lighthorse.io/tickers/ucb) — United Community Banks, Inc. Common Stock
- [GABC](https://www.lighthorse.io/tickers/gabc) — German American Bancorp, Inc. - Common Stock
- [UBSI](https://www.lighthorse.io/tickers/ubsi) — United Bankshares, Inc. - Common Stock
- [FCBC](https://www.lighthorse.io/tickers/fcbc) — First Community Bankshares, Inc. - Common Stock
- [WSBC](https://www.lighthorse.io/tickers/wsbc) — WesBanco, Inc. - Common Stock
- [HBCP](https://www.lighthorse.io/tickers/hbcp) — Home Bancorp, Inc. - Common Stock
- [UVSP](https://www.lighthorse.io/tickers/uvsp) — Univest Financial Corporation - Common Stock
- [FMBH](https://www.lighthorse.io/tickers/fmbh) — First Mid Bancshares, Inc. - Common Stock
- [TOWN](https://www.lighthorse.io/tickers/town) — Towne Bank - Common Stock

---

Earnings figures may be restated, revised or corrected by the issuer. Past results do not indicate future performance.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).