Farmers & Merchants Bancorp (OTCMKTS:FMCB) Sets New 12-Month High – What’s Next?

Farmers & Merchants Bancorp (OTCMKTS:FMCB)’s stock price reached a new 52-week high during trading on Friday . The stock traded as high as $1,144.9999 and last traded at $1,115.95, with a volume of 6 shares trading hands. The stock had previously closed at $1,125.00.

Farmers & Merchants Bancorp Price Performance

The company has a debt-to-equity ratio of 0.02, a current ratio of 0.75 and a quick ratio of 0.75. The company’s 50-day simple moving average is $1,050.25 and its 200-day simple moving average is $1,030.82. The company has a market cap of $781.17 million, a price-to-earnings ratio of 8.53 and a beta of 0.21.

Farmers & Merchants Bancorp (OTCMKTS:FMCB) last announced its earnings results on Thursday, October 16th. The bank reported $33.92 EPS for the quarter. The company had revenue of $62.28 million during the quarter. Farmers & Merchants Bancorp had a net margin of 30.89% and a return on equity of 15.03%.

Farmers & Merchants Bancorp Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, October 20th. Shareholders of record on Friday, October 10th were issued a $0.2275 dividend. This represents a $0.91 annualized dividend and a yield of 0.1%. Farmers & Merchants Bancorp’s dividend payout ratio is currently 15.44%.

About Farmers & Merchants Bancorp

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.