Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) Reaches New 12-Month High – Should You Buy?

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) reached a new 52-week high during trading on Friday . The stock traded as high as $8,500.00 and last traded at $8,500.00, with a volume of 20 shares trading hands. The stock had previously closed at $8,449.00.

Farmers & Merchants Bank of Long Beach Stock Performance

The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.75 and a current ratio of 0.75. The firm’s 50 day moving average is $8,332.96 and its two-hundred day moving average is $7,581.71. The stock has a market capitalization of $1.04 billion, a PE ratio of 15.79 and a beta of 0.30.

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) last announced its quarterly earnings results on Monday, January 26th. The company reported $141.90 earnings per share (EPS) for the quarter. Farmers & Merchants Bank of Long Beach had a return on equity of 4.89% and a net margin of 15.22%.The business had revenue of $78.60 million during the quarter.

Farmers & Merchants Bank of Long Beach Announces Dividend

The firm also recently declared a dividend, which was paid on Monday, December 15th. Stockholders of record on Monday, December 1st were paid a dividend of $43.00 per share. The ex-dividend date was Friday, November 28th. This represents a dividend yield of 215.0%. Farmers & Merchants Bank of Long Beach’s dividend payout ratio is 20.81%.

About Farmers & Merchants Bank of Long Beach

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) is a community bank founded in 1907 and headquartered in Long Beach, California. As a wholly owned subsidiary of FMB Bancorp, the bank serves individuals, families and local businesses with a focus on personalized relationship banking. Its long history reflects a commitment to supporting the economic growth and development of the communities it serves.

The bank’s primary business activities include a broad range of commercial and retail banking services.