Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) Stock Price Up 1.1%

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL)’s stock price rose 1.1% on Monday . The company traded as high as $5,150.00 and last traded at $5,130.00. Approximately 104 shares changed hands during trading, a decline of 15% from the average daily volume of 122 shares. The stock had previously closed at $5,075.00.

Farmers & Merchants Bank of Long Beach Stock Performance

The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 0.88. The firm has a market capitalization of $620.73 million, a price-to-earnings ratio of 10.56 and a beta of 0.42. The stock’s 50 day moving average price is $4,792.40 and its two-hundred day moving average price is $4,818.67.

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) last released its quarterly earnings data on Thursday, July 18th. The company reported $107.86 EPS for the quarter. Farmers & Merchants Bank of Long Beach had a net margin of 12.34% and a return on equity of 4.21%. The business had revenue of $67.66 million for the quarter.

Farmers & Merchants Bank of Long Beach Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Friday, June 14th were given a $28.00 dividend. The ex-dividend date was Friday, June 14th. This represents a $112.00 annualized dividend and a dividend yield of 2.18%. Farmers & Merchants Bank of Long Beach’s dividend payout ratio is presently 23.07%.

About Farmers & Merchants Bank of Long Beach

Farmers & Merchants Bank of Long Beach provides various banking products and services to individuals, professionals, and small to medium-sized businesses in Los Angeles, Orange, and Santa Barbara Counties. It offers checking, savings, Christmas club savings, health savings, market rate savings, and money market accounts; demand and time deposits; certificates of deposit; and individual retirement account.