Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) Releases Quarterly Earnings Results

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) announced its quarterly earnings results on Tuesday. The company reported $256.32 earnings per share (EPS) for the quarter, Zacks reports. Farmers & Merchants Bank of Long Beach had a net margin of 16.08% and a return on equity of 5.22%.

Farmers & Merchants Bank of Long Beach Price Performance

OTCMKTS:FMBL traded up $85.04 during mid-day trading on Tuesday, hitting $9,250.00. 75 shares of the stock traded hands, compared to its average volume of 105. The business’s 50-day moving average price is $8,710.77 and its 200 day moving average price is $8,476.54. The company has a market cap of $1.11 billion, a PE ratio of 16.54 and a beta of 0.24. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 0.21. Farmers & Merchants Bank of Long Beach has a 12-month low of $5,660.00 and a 12-month high of $9,257.00.

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.