Farmers & Merchants Bancorp (OTCMKTS:FMCB) Issues Earnings Results

Farmers & Merchants Bancorp (OTCMKTS:FMCB) released its quarterly earnings results on Monday. The bank reported $36.39 earnings per share (EPS) for the quarter, Zacks reports. Farmers & Merchants Bancorp had a net margin of 30.75% and a return on equity of 14.76%.

Farmers & Merchants Bancorp Price Performance

FMCB traded up $14.99 during midday trading on Monday, hitting $1,345.00. 104 shares of the company traded hands, compared to its average volume of 172. The business has a 50 day simple moving average of $1,324.71 and a two-hundred day simple moving average of $1,223.00. Farmers & Merchants Bancorp has a 52-week low of $985.25 and a 52-week high of $1,402.50. The company has a market capitalization of $928.05 million, a price-to-earnings ratio of 9.85 and a beta of 0.48. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 0.02.

About Farmers & Merchants Bancorp

Farmers & Merchants Bancorp, Inc is a bank holding company that operates through its wholly owned subsidiary, Farmers & Merchants Bank of Central California. Headquartered in Hanford, California, the company provides a broad range of commercial and consumer banking services tailored to individuals, businesses and agricultural enterprises in the San Joaquin Valley region.

The company’s core offerings include deposit products such as checking accounts, savings accounts, money market accounts and certificates of deposit.