Farmers & Merchants Bancorp (OTCMKTS:FMCB) Sets New 52-Week High – Here’s Why

Shares of Farmers & Merchants Bancorp (OTCMKTS:FMCB) reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $1,350.00 and last traded at $1,349.99, with a volume of 66 shares traded. The stock had previously closed at $1,305.01.

Farmers & Merchants Bancorp Trading Up 3.4%

The business has a fifty day moving average of $1,205.57 and a 200-day moving average of $1,145.10. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.76 and a current ratio of 0.76. The company has a market capitalization of $931.49 million, a P/E ratio of 9.89 and a beta of 0.43.

Farmers & Merchants Bancorp (OTCMKTS:FMCB) last released its quarterly earnings results on Monday, April 20th. The bank reported $999.00 earnings per share (EPS) for the quarter. Farmers & Merchants Bancorp had a return on equity of 14.76% and a net margin of 30.75%.The business had revenue of $62.06 million during the quarter.

Farmers & Merchants Bancorp Company Profile

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.