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

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) released its quarterly earnings results on Tuesday. The company reported $256.32 earnings per share (EPS) for the quarter, Zacks reports. Farmers & Merchants Bank of Long Beach had a net margin of 16.08% and a return on equity of 5.22%.

Farmers & Merchants Bank of Long Beach Trading Up 1.6%

Shares of OTCMKTS FMBL traded up $148.74 during trading hours on Tuesday, hitting $9,313.70. 78 shares of the company traded hands, compared to its average volume of 105. The company’s 50 day moving average price is $8,710.77 and its 200 day moving average price is $8,476.54. The stock has a market capitalization of $1.12 billion, a price-to-earnings ratio of 16.65 and a beta of 0.24. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 0.21. Farmers & Merchants Bank of Long Beach has a 12 month low of $5,660.00 and a 12 month high of $9,313.70.

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.