Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) Reaches New 52-Week High – Here’s Why

Shares of Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) hit a new 52-week high on Monday . The company traded as high as $8,275.00 and last traded at $8,275.00, with a volume of 17 shares trading hands. The stock had previously closed at $8,275.00.

Farmers & Merchants Bank of Long Beach Stock Performance

The stock has a 50-day moving average of $7,855.22 and a 200 day moving average of $6,744.35. The company has a quick ratio of 0.77, a current ratio of 0.77 and a debt-to-equity ratio of 0.29. The stock has a market cap of $1.01 billion, a PE ratio of 19.31 and a beta of 0.30.

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) last announced its quarterly earnings data on Tuesday, October 21st. The company reported $147.32 EPS for the quarter. The business had revenue of $73.67 million during the quarter. Farmers & Merchants Bank of Long Beach had a net margin of 12.08% and a return on equity of 3.84%.

Farmers & Merchants Bank of Long Beach Dividend Announcement

The business also recently declared a dividend, which was paid on Monday, December 15th. Shareholders of record on Monday, December 1st were given a dividend of $43.00 per share. This represents a yield of 215.0%. The ex-dividend date of this dividend was Friday, November 28th. Farmers & Merchants Bank of Long Beach’s dividend payout ratio (DPR) is currently 26.14%.

Farmers & Merchants Bank of Long Beach Company Profile

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) is a community bank founded in 1907 and headquartered in Long Beach, California. As a wholly owned subsidiary of FMB Bancorp, the bank serves individuals, families and local businesses with a focus on personalized relationship banking. Its long history reflects a commitment to supporting the economic growth and development of the communities it serves.

The bank’s primary business activities include a broad range of commercial and retail banking services.