Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) Sets New 1-Year High – Here’s Why

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) shares hit a new 52-week high on Monday . The stock traded as high as $8,749.9904 and last traded at $8,749.9904, with a volume of 71 shares. The stock had previously closed at $8,729.00.

Farmers & Merchants Bank of Long Beach Price Performance

The firm has a market cap of $1.06 billion, a PE ratio of 15.67 and a beta of 0.25. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 0.21. The company has a 50 day moving average price of $8,506.89 and a 200 day moving average price of $8,387.44.

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) last issued its quarterly earnings data on Monday, April 20th. The company reported $157.45 EPS for the quarter. Farmers & Merchants Bank of Long Beach had a net margin of 16.08% and a return on equity of 5.22%. The firm had revenue of $81.90 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.