Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) Sets New 12-Month High – Should You Buy?

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL)’s stock price reached a new 52-week high during mid-day trading on Monday . The company traded as high as $8,275.00 and last traded at $8,275.00, with a volume of 17 shares trading hands. The stock had previously closed at $8,275.00.

Farmers & Merchants Bank of Long Beach Price Performance

The company has a 50 day moving average of $7,922.72 and a 200 day moving average of $6,792.50. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.77 and a current ratio of 0.77. The stock has a market capitalization of $993 million, a price-to-earnings ratio of 19.31 and a beta of 0.30.

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

Farmers & Merchants Bank of Long Beach Dividend Announcement

The company also recently declared a dividend, which was paid on Monday, December 15th. Investors of record on Monday, December 1st were paid a $43.00 dividend. The ex-dividend date was Friday, November 28th. This represents a yield of 215.0%. Farmers & Merchants Bank of Long Beach’s payout ratio is currently 26.14%.

About Farmers & Merchants Bank of Long Beach

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.