Farmers & Merchants Bancorp (OTCMKTS:FMCB) Releases Earnings Results

Farmers & Merchants Bancorp (OTCMKTS:FMCB) announced its earnings results on Wednesday. The bank reported $30.56 earnings per share for the quarter, reports. The firm had revenue of $56.79 million for the quarter. Farmers & Merchants Bancorp had a net margin of 31.55% and a return on equity of 16.45%.

Farmers & Merchants Bancorp Trading Up 1.6 %

Shares of FMCB opened at $980.02 on Friday. The firm’s 50-day moving average price is $974.72 and its 200-day moving average price is $977.84. The firm has a market capitalization of $725.21 million, a price-to-earnings ratio of 8.29 and a beta of 0.11. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.02. Farmers & Merchants Bancorp has a 1-year low of $932.00 and a 1-year high of $1,075.00.

About Farmers & Merchants Bancorp

Farmers & Merchants Bancorp operates as the bank holding company for Farmers & Merchants Bank of Central California that provides various banking services to businesses and individuals. The company accepts various deposit products, including checking, savings, money market, time certificates of deposit, and individual retirement accounts.