Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) Trading Up 0.3% – Should You Buy?

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) shares were up 0.3% during mid-day trading on Thursday . The company traded as high as $5,800.00 and last traded at $5,800.00. Approximately 5 shares changed hands during trading, a decline of 90% from the average daily volume of 51 shares. The stock had previously closed at $5,785.00.

Farmers & Merchants Bank of Long Beach Stock Up 0.3%

The business has a 50 day simple moving average of $5,637.00 and a 200 day simple moving average of $5,647.77. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.77 and a quick ratio of 0.77. The stock has a market cap of $696 million, a PE ratio of 14.82 and a beta of 0.27.

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) last announced its quarterly earnings results on Tuesday, April 22nd. The company reported $136.27 earnings per share (EPS) for the quarter. The business had revenue of $68.42 million during the quarter. Farmers & Merchants Bank of Long Beach had a return on equity of 3.55% and a net margin of 10.78%.

Farmers & Merchants Bank of Long Beach Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Friday, June 13th were paid a $28.00 dividend. This represents a $112.00 annualized dividend and a dividend yield of 1.93%. Farmers & Merchants Bank of Long Beach’s payout ratio is presently 28.61%.

Farmers & Merchants Bank of Long Beach Company Profile

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.