Farmers & Merchants Bancorp (OTCMKTS:FMCB) Sees Large Volume Increase – Time to Buy?

Shares of Farmers & Merchants Bancorp (OTCMKTS:FMCB) saw unusually-strong trading volume on Monday . 2,068 shares were traded during trading, an increase of 1,109% from the previous session’s volume of 171 shares.The stock last traded at $1,424.99 and had previously closed at $1,401.60.

Farmers & Merchants Bancorp Trading Up 0.2%

The business has a fifty day moving average of $1,371.21 and a 200-day moving average of $1,282.74. 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 company has a market capitalization of $984.98 million, a P/E ratio of 10.20 and a beta of 0.45.

Farmers & Merchants Bancorp (OTCMKTS:FMCB) last announced its quarterly earnings results on Monday, July 20th. The bank reported $36.39 EPS for the quarter. The business had revenue of $62.39 million during the quarter. Farmers & Merchants Bancorp had a net margin of 31.10% and a return on equity of 14.68%.

Farmers & Merchants Bancorp Company Profile

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.