Farmers & Merchants Bancorp (OTCMKTS:FMCB) Shares Gap Down – Here’s Why

Farmers & Merchants Bancorp (OTCMKTS:FMCB)’s stock price gapped down prior to trading on Friday . The stock had previously closed at $1,187.00, but opened at $1,125.00. Farmers & Merchants Bancorp shares last traded at $1,195.00, with a volume of 70 shares trading hands.

Farmers & Merchants Bancorp Stock Performance

The firm has a market capitalization of $830.90 million, a price-to-earnings ratio of 8.86 and a beta of 0.19. The firm’s 50-day moving average is $1,125.48 and its 200 day moving average is $1,065.04. The company has a current ratio of 0.75, a quick ratio of 0.75 and a debt-to-equity ratio of 0.02.

Farmers & Merchants Bancorp (OTCMKTS:FMCB) last released its earnings results on Monday, February 2nd. The bank reported $34.29 earnings per share for the quarter. Farmers & Merchants Bancorp had a net margin of 30.88% and a return on equity of 15.05%. The business had revenue of $62.96 million during the quarter.

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.