Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) Sets New 1-Year High – Should You Buy?

Shares of Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) reached a new 52-week high during trading on Monday . The stock traded as high as $8,749.9904 and last traded at $8,749.9904, with a volume of 71 shares changing hands. The stock had previously closed at $8,729.00.

Farmers & Merchants Bank of Long Beach Price Performance

The firm’s 50 day simple moving average is $8,489.27 and its two-hundred day simple moving average is $8,377.47. The firm has a market capitalization of $1.05 billion, a P/E ratio of 15.64 and a beta of 0.25. 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 quarterly earnings data on Monday, April 20th. The company reported $157.45 EPS for the quarter. The firm had revenue of $81.90 million for the quarter. Farmers & Merchants Bank of Long Beach had a return on equity of 5.22% and a net margin of 16.08%.

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.