Farmers & Merchants Bancorp (OTCMKTS:FMCB) Shares Up 6.6% – What’s Next?

Shares of Farmers & Merchants Bancorp (OTCMKTS:FMCB) shot up 6.6% during mid-day trading on Wednesday . The stock traded as high as $1,398.9899 and last traded at $1,398.9899. 11 shares changed hands during trading, a decline of 94% from the average session volume of 188 shares. The stock had previously closed at $1,312.00.

Farmers & Merchants Bancorp Stock Performance

The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.76 and a current ratio of 0.76. The business has a 50 day moving average price of $1,253.29 and a two-hundred day moving average price of $1,170.25. The company has a market cap of $904.59 million, a P/E ratio of 9.61 and a beta of 0.45.

Farmers & Merchants Bancorp (OTCMKTS:FMCB) last released its earnings results on Monday, April 20th. The bank reported $999.00 earnings per share for the quarter. Farmers & Merchants Bancorp had a return on equity of 14.76% and a net margin of 30.75%.The company had revenue of $62.06 million during the quarter.

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.