Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) Reaches New 12-Month High – What’s Next?

by · The Markets Daily

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL – Get Free Report) shares reached a new 52-week high during trading on Tuesday . The stock traded as high as $5,543.00 and last traded at $5,540.00, with a volume of 47 shares traded. The stock had previously closed at $5,500.00.

Farmers & Merchants Bank of Long Beach Stock Performance

The firm has a market cap of $672 million, a price-to-earnings ratio of 13.10 and a beta of 0.41. The company has a quick ratio of 0.80, a current ratio of 0.78 and a debt-to-equity ratio of 0.66. The stock has a fifty day moving average price of $5,284.15 and a 200-day moving average price of $4,979.81.

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

Farmers & Merchants Bank of Long Beach Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Friday, September 13th were paid a $28.00 dividend. The ex-dividend date was Friday, September 13th. This represents a $112.00 dividend on an annualized basis and a dividend yield of 2.00%. Farmers & Merchants Bank of Long Beach’s dividend payout ratio (DPR) is presently 26.21%.

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.

Read More