Farmers & Merchants Bancorp (OTCMKTS:FMCB) Shares Pass Above Fifty Day Moving Average – Here’s Why

Farmers & Merchants Bancorp (OTCMKTS:FMCB)’s share price crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $1,036.44 and traded as high as $1,085.00. Farmers & Merchants Bancorp shares last traded at $1,075.00, with a volume of 50 shares traded.

Farmers & Merchants Bancorp Stock Performance

The company has a market cap of $752.50 million, a price-to-earnings ratio of 8.22 and a beta of 0.21. The company has a debt-to-equity ratio of 0.02, a current ratio of 0.75 and a quick ratio of 0.75. The firm has a fifty day simple moving average of $1,036.44 and a 200 day simple moving average of $1,025.47.

Farmers & Merchants Bancorp (OTCMKTS:FMCB) last issued its quarterly earnings data on Thursday, October 16th. The bank reported $33.92 earnings per share for the quarter. Farmers & Merchants Bancorp had a net margin of 30.89% and a return on equity of 15.03%. The business had revenue of $62.28 million during the quarter.

Farmers & Merchants Bancorp Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, October 20th. Stockholders of record on Friday, October 10th were paid a $0.2275 dividend. This represents a $0.91 dividend on an annualized basis and a dividend yield of 0.1%. Farmers & Merchants Bancorp’s payout ratio is presently 15.44%.

Farmers & Merchants Bancorp Company Profile

Farmers & Merchants Bancorp operates as the bank holding company for Farmers & Merchants Bank of Central California that provides various banking services to businesses and individuals. The company accepts various deposit products, including checking, savings, money market, time certificates of deposit, and individual retirement accounts.