How many employees work at Farmers & Merchants State?
Farmers & Merchants State Bank (Waterloo, Wisconsin) has approximately 117 total employees worldwide as of March 2026, according to Revelio Labs workforce intelligence data. Farmers & Merchants State’s total headcount has grown 1.7% from 115 employees in 2023 to 117 in 2026.
Is Farmers & Merchants State hiring right now?
Yes, Farmers & Merchants State is actively hiring. Farmers & Merchants State had 28 active job postings in 2026, a 27.7% decline from 2025 — see job openings & hiring trends.
About Farmers & Merchants State’s Workforce
Farmers & Merchants State Bank (Waterloo, Wisconsin) is a Financial Services company that employs 117 people worldwide as of March 2026. It is the 9th-largest by headcount among its peers. Founded in 1897, the company is headquartered in Waterloo, Wisconsin.
Farmers & Merchants State's workforce has grown 1.7% from 2023 to 2026, though it is down 0.9% year over year in 2026. Its workforce is concentrated most in North America (100.0%).
Farmers & Merchants State's functional groups are Finance and Operations (72.5%), Sales and Marketing (22.1%), and Engineering (5.4%). The average salary is $73,885, highest in North America at a median of $47,000, up 3.0% year over year in 2026.
Farmers & Merchants State's active job postings fell 27.7% in 2026 to 28, with new postings per month climbing from 14 in 2023 to 27 in 2026.
Sourced from Revelio Labs workforce data.
- Headquarters
- Waterloo, Wisconsin
- Founded
- 1897
- Industry
- Financial Services
- Employees
- 117
- YoY
- -0.9% (-7)
As of March 2026
Farmers & Merchants State workforce metrics
Unlock hiring rate, attrition rate, and 12 additional workforce metrics for Farmers & Merchants State. Compare to peers, export the dataset, and access the full quarterly history.
Unlock MetricsFarmers & Merchants State Annual Employee Count (2023-2026)
- Farmers & Merchants State had 117 employees in 2026, a 0.9% decline (-7) from 2025.
- Farmers & Merchants State had 117 employees in 2025, a 2.6% decline (-9) from 2024.
- Farmers & Merchants State had 126 employees in 2024, a 0.2% increase (+4) from 2023.
- Farmers & Merchants State had 122 employees in 2023, a 3.9% increase (+16) from 2022.
Farmers & Merchants State's total workforce has grown from 115 employees in 2023 to 117 in 2026.
Farmers & Merchants State Bank (Waterloo, Wisconsin) quarterly employee count
| Year | Qtr | Employees | YoY Change | YoY % |
|---|---|---|---|---|
| 2026 | Q1 | 117 | -7 | -0.9% |
| 2025 | Q4 | 117 | -9 | -2.6% |
| 2025 | Q3 | 122 | -3 | +0.0% |
| 2025 | Q2 | 123 | -2 | -1.4% |
| 2025 | Q1 | 124 | +2 | +0.2% |
| 2024 | Q4 | 126 | +4 | +0.2% |
| 2024 | Q3 | 125 | +8 | +1.1% |
| 2024 | Q2 | 125 | +10 | -0.6% |
| 2024 | Q1 | 122 | +14 | +3.0% |
| 2023 | Q4 | 122 | +16 | +3.9% |
| 2023 | Q3 | 117 | +7 | +0.6% |
| 2023 | Q2 | 115 | +5 | +2.3% |
See Farmers & Merchants State's complete headcount history, including quarterly breakdowns.
Get the DataFarmers & Merchants State Employee Count by Region (2026)
North America accounts for the largest share of Farmers & Merchants State's global workforce with approximately 100% of total employees.
Farmers & Merchants State employees by region
| Region | Employees | % of Total |
|---|---|---|
| North America | 117 | 100.0% |
Drill into city-level data, hiring trends by region, and historic geographic shifts.
Unlock Geographic DataFarmers & Merchants State Employee Count by Department (2026)
Farmers & Merchants State's employee groups are Finance and Operations (72.5%), Sales and Marketing (22.1%), and Engineering (5.4%).
Farmers & Merchants State employees by department
| Department | Employees | % of Total |
|---|---|---|
| Finance and Operations | 84 | 72.5% |
| Sales and Marketing | 26 | 22.1% |
| Engineering | 6 | 5.4% |
Compare Farmers & Merchants State's department mix to industry peers.
See Full DataFarmers & Merchants State Employee Salary by Region (2026)
Farmers & Merchants State's average employee salary is $73,885 globally. Employees in North America receive the highest compensation.
Farmers & Merchants State median employee salary by region (USD)
| Region | Median Salary |
|---|---|
| North America | $47,000 |
Unlock salary by role, level, and city — and compare to Farmers & Merchants State's industry peers.
Unlock Salary DataFarmers & Merchants State Job Openings and Hiring Trends (2023-2026)
- Farmers & Merchants State had 28 active job postings in 2026, a 27.7% decline (-9) from 2025.
- Farmers & Merchants State had 37 active job postings in 2025, a 24.2% increase (+8) from 2024.
- Farmers & Merchants State had 29 active job postings in 2024, a 46.8% increase (+11) from 2023.
- Farmers & Merchants State had 18 active job postings in 2023, a 69.1% decline from 2022.
- Hiring velocity in 2026: 27 new roles/month, down from 30 in 2025 and 30 in 2024.
Farmers & Merchants State's active job postings fell 27.7% in 2026 to 28, with new postings per month climbing from 14 in 2023 to 27 in 2026.
Track new postings per month, role-level demand, and hiring velocity vs. peers.
Unlock Hiring DataSimilar Companies
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Frequently Asked Questions About Farmers & Merchants State
- How fast is Farmers & Merchants State growing?
- In 2026, Farmers & Merchants State's headcount shrank 0.9% to 117 employees, down from 124 in 2025.
- See the full headcount history
- Where are Farmers & Merchants State employees located?
- Most Farmers & Merchants State employees are based in North America (100.0% of headcount).
- Explore where the workforce is based
- What is the average salary at Farmers & Merchants State?
- The average employee salary at Farmers & Merchants State is approximately $73.9k per year.
- Analyze the salary distribution
- How many new job postings does Farmers & Merchants State open per year?
- In Q1 2026, Farmers & Merchants State opened 80 new job postings. In 2025, Farmers & Merchants State opened 356 new job postings — about 30 per month.
- Track hiring trends by role
- When was Farmers & Merchants State founded and where is it headquartered?
- Farmers & Merchants State was founded in 1897 and is headquartered in Waterloo, Wisconsin.
- Compare Farmers & Merchants State to industry peers
Speak with a workforce expert about Farmers & Merchants State.
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