Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) Releases Quarterly Earnings Results

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) posted its quarterly earnings data on Tuesday. The company reported $102.71 EPS for the quarter, reports. The firm had revenue of $65.69 million during the quarter. Farmers & Merchants Bank of Long Beach had a return on equity of 4.61% and a net margin of 13.71%.

Farmers & Merchants Bank of Long Beach Trading Up 0.6 %

Shares of FMBL stock opened at $4,250.00 on Friday. Farmers & Merchants Bank of Long Beach has a 52-week low of $4,225.00 and a 52-week high of $5,800.00. The company has a debt-to-equity ratio of 0.75, a quick ratio of 0.76 and a current ratio of 0.76. The firm has a market capitalization of $510 million, a PE ratio of 8.70 and a beta of 0.41. The stock has a fifty day simple moving average of $4,717.24 and a two-hundred day simple moving average of $4,822.54.

Farmers & Merchants Bank of Long Beach Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Friday, March 15th were paid a $28.00 dividend. The ex-dividend date was Thursday, March 14th. This represents a $112.00 dividend on an annualized basis and a yield of 2.64%. Farmers & Merchants Bank of Long Beach’s payout ratio is presently 23.07%.

About Farmers & Merchants Bank of Long Beach

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.