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

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL)’s share price reached a new 52-week high during trading on Tuesday . The stock traded as high as $8,410.00 and last traded at $8,410.00, with a volume of 69 shares. The stock had previously closed at $8,389.9902.

Farmers & Merchants Bank of Long Beach Trading Up 0.2%

The company has a market capitalization of $1.03 billion, a PE ratio of 15.63 and a beta of 0.29. The company has a current ratio of 0.75, a quick ratio of 0.75 and a debt-to-equity ratio of 0.21. The business’s 50-day simple moving average is $8,229.27 and its two-hundred day simple moving average is $7,333.02.

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) last posted its quarterly earnings data on Monday, January 26th. The company reported $141.90 earnings per share (EPS) 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 company had revenue of $78.60 million for the quarter.

Farmers & Merchants Bank of Long Beach Dividend Announcement

The company also recently declared a dividend, which was paid on Monday, December 15th. Investors of record on Monday, December 1st were paid a $43.00 dividend. This represents a yield of 215.0%. The ex-dividend date was Friday, November 28th. Farmers & Merchants Bank of Long Beach’s dividend payout ratio (DPR) is 20.81%.

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.