Farmers & Merchants Bancorp (OTCMKTS:FMCB) Hits New 1-Year High – Time to Buy?

Farmers & Merchants Bancorp (OTCMKTS:FMCB)’s share price reached a new 52-week high on Friday . The stock traded as high as $1,200.00 and last traded at $1,200.00, with a volume of 214 shares trading hands. The stock had previously closed at $1,182.50.

Farmers & Merchants Bancorp Trading Up 1.1%

The stock has a market cap of $836.50 million, a PE ratio of 8.92 and a beta of 0.19. The company’s 50-day moving average price is $1,137.37 and its 200 day moving average price is $1,071.67. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.75 and a current ratio of 0.75.

Farmers & Merchants Bancorp (OTCMKTS:FMCB) last issued its quarterly earnings data on Monday, February 2nd. The bank reported $34.29 earnings per share for the quarter. Farmers & Merchants Bancorp had a return on equity of 15.05% and a net margin of 30.88%.The company had revenue of $62.96 million during the quarter.

About Farmers & Merchants Bancorp

Farmers & Merchants Bancorp, Inc is a bank holding company that operates through its wholly owned subsidiary, Farmers & Merchants Bank of Central California. Headquartered in Hanford, California, the company provides a broad range of commercial and consumer banking services tailored to individuals, businesses and agricultural enterprises in the San Joaquin Valley region.

The company’s core offerings include deposit products such as checking accounts, savings accounts, money market accounts and certificates of deposit.