Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) Reaches New 1-Year High – Here’s Why

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL)’s share price reached a new 52-week high during mid-day trading on Friday . The company traded as high as $8,600.00 and last traded at $8,600.00, with a volume of 21 shares. The stock had previously closed at $8,553.00.

Farmers & Merchants Bank of Long Beach Price Performance

The firm has a market cap of $1.03 billion, a PE ratio of 15.37 and a beta of 0.25. The stock’s fifty day moving average price is $8,414.65 and its 200-day moving average price is $8,322.87. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.72 and a quick ratio of 0.72.

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) last released its earnings results on Monday, April 20th. The company reported $157.45 earnings per share (EPS) for the quarter. Farmers & Merchants Bank of Long Beach had a net margin of 16.08% and a return on equity of 5.22%. The business had revenue of $81.90 million during the quarter.

Farmers & Merchants Bank of Long Beach Company Profile

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.