Farmers & Merchants Bancorp (OTCMKTS:FMCB – Get Free Report) posted its quarterly earnings results on Monday. The bank reported $34.29 earnings per share for the quarter, Zacks reports. Farmers & Merchants Bancorp had a return on equity of 15.03% and a net margin of 30.89%.
Farmers & Merchants Bancorp Price Performance
Shares of OTCMKTS:FMCB opened at $1,150.00 on Tuesday. Farmers & Merchants Bancorp has a twelve month low of $976.00 and a twelve month high of $1,150.00. The stock’s 50 day moving average is $1,107.54 and its 200-day moving average is $1,056.32. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 0.02. The firm has a market capitalization of $802.70 million, a price-to-earnings ratio of 8.79 and a beta of 0.19.
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.
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