Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) Releases Earnings Results

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) released its earnings results on Thursday. The company reported $32.18 earnings per share (EPS) for the quarter, Zacks reports. Farmers & Merchants Bank of Long Beach had a return on equity of 3.95% and a net margin of 11.52%.

Farmers & Merchants Bank of Long Beach Stock Down 0.5 %

Shares of Farmers & Merchants Bank of Long Beach stock traded down $27.64 on Thursday, reaching $5,585.00. 14 shares of the company were exchanged, compared to its average volume of 115. The company has a market capitalization of $670.20 million, a price-to-earnings ratio of 13.07 and a beta of 0.43. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 0.66. Farmers & Merchants Bank of Long Beach has a one year low of $4,172.00 and a one year high of $5,800.00. The company has a 50-day moving average of $5,676.60 and a 200 day moving average of $5,373.71.

Farmers & Merchants Bank of Long Beach Company Profile

Farmers & Merchants Bank of Long Beach provides various banking products and services to individuals, professionals, and small to medium-sized businesses in Los Angeles, Orange, and Santa Barbara Counties. It offers checking, savings, Christmas club savings, health savings, market rate savings, and money market accounts; demand and time deposits; certificates of deposit; and individual retirement account.