Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) Hits New 52-Week High – Time to Buy?

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL)’s share price hit a new 52-week high on Thursday . The company traded as high as $8,000.00 and last traded at $7,999.9904, with a volume of 224 shares changing hands. The stock had previously closed at $7,790.00.

Farmers & Merchants Bank of Long Beach Stock Up 0.6%

The company has a quick ratio of 0.77, a current ratio of 0.77 and a debt-to-equity ratio of 0.29. The company has a market cap of $974.78 million, a PE ratio of 18.65 and a beta of 0.32. The company’s fifty day moving average is $7,458.38 and its 200-day moving average is $6,395.59.

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) last issued its earnings results on Tuesday, October 21st. The company reported $147.32 earnings per share for the quarter. The firm had revenue of $73.67 million for the quarter. Farmers & Merchants Bank of Long Beach had a net margin of 12.08% and a return on equity of 3.84%.

Farmers & Merchants Bank of Long Beach Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Monday, September 15th were given a $28.00 dividend. This represents a $112.00 annualized dividend and a yield of 1.4%. Farmers & Merchants Bank of Long Beach’s dividend payout ratio (DPR) is presently 26.14%.

Farmers & Merchants Bank of Long Beach Company Profile

Farmers & Merchants Bank of Long Beach provides various banking products and services to individuals, professionals, and small to medium-sized businesses in Los Angeles, Orange, and Santa Barbara Counties. It offers checking, savings, Christmas club savings, health savings, market rate savings, and money market accounts; demand and time deposits; certificates of deposit; and individual retirement account.