Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) Sees Strong Trading Volume – Should You Buy?

Shares of Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) saw an uptick in trading volume on Tuesday . 188 shares traded hands during trading, an increase of 158% from the previous session’s volume of 73 shares.The stock last traded at $8,275.00 and had previously closed at $8,260.00.

Farmers & Merchants Bank of Long Beach Trading Up 0.2%

The stock has a 50 day moving average of $8,042.26 and a 200-day moving average of $6,956.85. The stock has a market capitalization of $1.01 billion, a P/E ratio of 19.31 and a beta of 0.29.

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) last released its earnings results on Tuesday, October 21st. The company reported $147.32 earnings per share for the quarter. Farmers & Merchants Bank of Long Beach had a return on equity of 3.84% and a net margin of 12.08%.The business had revenue of $73.67 million for the quarter.

Farmers & Merchants Bank of Long Beach Dividend Announcement

The business also recently disclosed a dividend, which was paid on Monday, December 15th. Investors of record on Monday, December 1st were issued a dividend of $43.00 per share. The ex-dividend date was Friday, November 28th. This represents a yield of 215.0%. Farmers & Merchants Bank of Long Beach’s dividend payout ratio (DPR) is presently 26.14%.

Farmers & Merchants Bank of Long Beach Company Profile

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.