Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) Sets New 1-Year High – Here’s Why

by · The Cerbat Gem

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL – Get Free Report) reached a new 52-week high on Monday . The stock traded as high as $5,760.00 and last traded at $5,755.00, with a volume of 16 shares changing hands. The stock had previously closed at $5,650.00.

Farmers & Merchants Bank of Long Beach Trading Up 1.9 %

The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 0.66. The company has a fifty day moving average price of $5,417.22 and a two-hundred day moving average price of $5,074.20. The firm has a market capitalization of $690.60 million, a price-to-earnings ratio of 13.22 and a beta of 0.41.

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL – Get Free Report) last announced its earnings results on Thursday, October 17th. The company reported $115.17 earnings per share for the quarter. The company had revenue of $64.89 million during the quarter. Farmers & Merchants Bank of Long Beach had a net margin of 11.52% and a return on equity of 3.95%.

About Farmers & Merchants Bank of Long Beach

(Get Free Report)

Farmers & Merchants Bank of Long Beach provides various banking products and services to individuals, professionals, and small to medium-sized businesses in Los Angeles, Orange, and Santa Barbara Counties. It offers checking, savings, Christmas club savings, health savings, market rate savings, and money market accounts; demand and time deposits; certificates of deposit; and individual retirement account.

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