Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) Announces Quarterly Dividend of $28.00

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) announced a quarterly dividend on Monday, May 19th, RTT News reports. Investors of record on Friday, June 13th will be given a dividend of 28.00 per share on Monday, June 30th. This represents a $112.00 annualized dividend and a yield of 1.96%.

Farmers & Merchants Bank of Long Beach Stock Down 0.0%

FMBL opened at $5,699.99 on Wednesday. Farmers & Merchants Bank of Long Beach has a 12 month low of $4,510.00 and a 12 month high of $5,800.00. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.78 and a quick ratio of 0.78. The stock has a market cap of $695.40 million, a P/E ratio of 15.93 and a beta of 0.27. The stock’s 50 day moving average price is $5,680.53 and its 200 day moving average price is $5,667.17.

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) last issued its quarterly earnings results on Tuesday, April 22nd. The company reported $136.27 earnings per share (EPS) for the quarter. The firm had revenue of $68.42 million during the quarter. Farmers & Merchants Bank of Long Beach had a return on equity of 3.29% and a net margin of 9.77%.

About Farmers & Merchants Bank of Long Beach

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.