Farmers & Merchants Bancorp (OTCMKTS:FMCB) Shares Gap Up – Should You Buy?

Shares of Farmers & Merchants Bancorp (OTCMKTS:FMCB) gapped up prior to trading on Tuesday . The stock had previously closed at $1,399.70, but opened at $1,458.12. Farmers & Merchants Bancorp shares last traded at $1,455.01, with a volume of 6 shares trading hands.

Farmers & Merchants Bancorp Trading Down 0.6%

The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.76 and a current ratio of 0.76. The business has a fifty day simple moving average of $1,346.08 and a 200 day simple moving average of $1,261.40. The stock has a market cap of $1.01 billion, a price-to-earnings ratio of 10.40 and a beta of 0.45.

Farmers & Merchants Bancorp (OTCMKTS:FMCB) last released its quarterly earnings results on Monday, July 20th. The bank reported $36.39 earnings per share for the quarter. Farmers & Merchants Bancorp had a return on equity of 14.68% and a net margin of 31.10%.The company had revenue of $62.39 million during the quarter.

Farmers & Merchants Bancorp Company Profile

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.