Farmers & Merchants Bancorp (OTCMKTS:FMCB) Announces Quarterly Earnings Results

Farmers & Merchants Bancorp (OTCMKTS:FMCB) posted its earnings results on Wednesday. The bank reported $31.11 earnings per share (EPS) for the quarter, Zacks reports. Farmers & Merchants Bancorp had a net margin of 30.25% and a return on equity of 15.35%.

Farmers & Merchants Bancorp Stock Performance

FMCB stock opened at $1,041.38 on Thursday. The company has a market cap of $728.96 million, a P/E ratio of 8.86 and a beta of 0.22. Farmers & Merchants Bancorp has a 1 year low of $930.12 and a 1 year high of $1,100.00. The company has a debt-to-equity ratio of 0.02, a current ratio of 0.82 and a quick ratio of 0.82. The stock’s fifty day moving average price is $1,045.12 and its 200-day moving average price is $992.25.

Farmers & Merchants Bancorp Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, January 2nd. Investors of record on Wednesday, December 4th were issued a $9.30 dividend. The ex-dividend date of this dividend was Wednesday, December 4th. This is a boost from Farmers & Merchants Bancorp’s previous dividend of $8.80. Farmers & Merchants Bancorp’s dividend payout ratio (DPR) is currently 15.70%.

Farmers & Merchants Bancorp Company Profile

Farmers & Merchants Bancorp operates as the bank holding company for Farmers & Merchants Bank of Central California that provides various banking services to businesses and individuals. The company accepts various deposit products, including checking, savings, money market, time certificates of deposit, and individual retirement accounts.