Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) Reaches New 1-Year High – Still a Buy?

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $9,375.00 and last traded at $9,339.00, with a volume of 57 shares trading hands. The stock had previously closed at $9,339.50.

Farmers & Merchants Bank of Long Beach Trading Down 0.0%

The company has a market capitalization of $1.12 billion, a P/E ratio of 13.28 and a beta of 0.24. The stock’s 50 day moving average is $8,796.76 and its 200-day moving average is $8,511.75. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.72 and a quick ratio of 0.72.

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) last issued its quarterly earnings data on Tuesday, July 14th. The company reported $256.32 EPS for the quarter. Farmers & Merchants Bank of Long Beach had a net margin of 19.76% and a return on equity of 6.73%. The business had revenue of $98.99 million during the quarter.

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.