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

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) issued its quarterly earnings results on Monday. The company reported $141.90 earnings per share (EPS) for the quarter, Zacks reports. Farmers & Merchants Bank of Long Beach had a return on equity of 3.84% and a net margin of 12.08%.

Farmers & Merchants Bank of Long Beach Trading Down 0.1%

FMBL stock traded down $4.34 during mid-day trading on Monday, hitting $8,300.00. The stock had a trading volume of 8 shares, compared to its average volume of 113. The firm has a fifty day simple moving average of $8,173.17 and a 200 day simple moving average of $7,224.00. Farmers & Merchants Bank of Long Beach has a 52 week low of $5,275.00 and a 52 week high of $8,401.20. The firm has a market capitalization of $996 million, a P/E ratio of 19.37 and a beta of 0.29.

Farmers & Merchants Bank of Long Beach Dividend Announcement

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

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.