Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) Hits New 52-Week High – Time to Buy?

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) hit a new 52-week high on Friday . The company traded as high as $8,600.00 and last traded at $8,495.00, with a volume of 210 shares traded. The stock had previously closed at $8,435.00.

Farmers & Merchants Bank of Long Beach Trading Up 0.7%

The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 0.21. The stock has a market capitalization of $1.02 billion, a P/E ratio of 15.78 and a beta of 0.30. The company has a fifty day simple moving average of $8,354.06 and a two-hundred day simple moving average of $7,643.57.

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) last released its quarterly earnings data on Monday, January 26th. The company reported $141.90 earnings per share 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 for the quarter.

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.