Farmers & Merchants Bancorp (OTCMKTS:FMCB) Sees Strong Trading Volume – Here’s What Happened

Shares of Farmers & Merchants Bancorp (OTCMKTS:FMCB) saw strong trading volume on Monday . 2,068 shares traded hands during trading, an increase of 1,109% from the previous session’s volume of 171 shares.The stock last traded at $1,424.99 and had previously closed at $1,401.60.

Farmers & Merchants Bancorp Stock Up 1.7%

The business’s 50 day simple moving average is $1,366.43 and its 200 day simple moving average is $1,279.35. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 0.02. The firm has a market capitalization of $983.24 million, a PE ratio of 10.18 and a beta of 0.45.

Farmers & Merchants Bancorp (OTCMKTS:FMCB) last announced its earnings results on Monday, July 20th. The bank reported $36.39 earnings per share (EPS) for the quarter. Farmers & Merchants Bancorp had a net margin of 31.10% and a return on equity of 14.68%. The firm had revenue of $62.39 million for the quarter.

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.