Farmers & Merchants Bancorp (OTCMKTS:FMCB) Shares Gap Down – Here’s What Happened

Farmers & Merchants Bancorp (OTCMKTS:FMCB) shares gapped down prior to trading on Friday . The stock had previously closed at $1,187.00, but opened at $1,125.00. Farmers & Merchants Bancorp shares last traded at $1,195.00, with a volume of 70 shares trading hands.

Farmers & Merchants Bancorp Price Performance

The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 0.02. The firm has a market capitalization of $830.90 million, a price-to-earnings ratio of 8.86 and a beta of 0.19. The company’s fifty day moving average is $1,125.48 and its two-hundred day moving average is $1,065.04.

Farmers & Merchants Bancorp (OTCMKTS:FMCB) last announced its quarterly earnings results on Monday, February 2nd. The bank reported $34.29 earnings per share (EPS) for the quarter. The company had revenue of $62.96 million during the quarter. Farmers & Merchants Bancorp had a return on equity of 15.05% and a net margin of 30.88%.

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.