Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) Reaches New 12-Month High – What’s Next?

Shares of Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) reached a new 52-week high during trading on Tuesday . The stock traded as high as $5,543.00 and last traded at $5,540.00, with a volume of 47 shares changing hands. The stock had previously closed at $5,500.00.

Farmers & Merchants Bank of Long Beach Stock Performance

The stock’s 50-day moving average is $5,284.15 and its 200-day moving average is $4,979.81. The stock has a market cap of $672 million, a price-to-earnings ratio of 13.10 and a beta of 0.41. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.78 and a quick ratio of 0.80.

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) last announced its earnings results on Thursday, October 17th. The company reported $115.17 earnings per share (EPS) for the quarter. Farmers & Merchants Bank of Long Beach had a net margin of 11.52% and a return on equity of 3.95%. The firm had revenue of $64.89 million for the quarter.

Farmers & Merchants Bank of Long Beach Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Friday, September 13th were given a dividend of $28.00 per share. The ex-dividend date of this dividend was Friday, September 13th. This represents a $112.00 dividend on an annualized basis and a yield of 2.00%. Farmers & Merchants Bank of Long Beach’s dividend payout ratio (DPR) is currently 26.21%.

Farmers & Merchants Bank of Long Beach Company Profile

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.