Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) Hits New 1-Year High – What’s Next?

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) shares hit a new 52-week high during trading on Wednesday . The company traded as high as $9,350.00 and last traded at $9,235.00, with a volume of 87 shares trading hands. The stock had previously closed at $9,164.96.

Farmers & Merchants Bank of Long Beach Stock Up 0.8%

The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 0.21. The firm’s 50 day moving average price is $8,726.43 and its two-hundred day moving average price is $8,483.31. The company has a market capitalization of $1.11 billion, a price-to-earnings ratio of 16.51 and a beta of 0.24.

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) last issued its earnings results on Tuesday, July 14th. The company reported $256.32 earnings per share (EPS) for the quarter. Farmers & Merchants Bank of Long Beach had a net margin of 16.08% and a return on equity of 5.22%.

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.