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Farmers & Merchants Bank of Long Beach Q1 2023 Earnings Report

Farmers & Merchants Bank of Long Beach logo
$5,750.01 +0.01 (+0.00%)
(As of 12/17/2024 ET)

Farmers & Merchants Bank of Long Beach EPS Results

Actual EPS
$170.86
Consensus EPS
N/A
Beat/Miss
N/A
One Year Ago EPS
N/A

Farmers & Merchants Bank of Long Beach Revenue Results

Actual Revenue
$74.65 million
Expected Revenue
N/A
Beat/Miss
N/A
YoY Revenue Growth
N/A

Farmers & Merchants Bank of Long Beach Announcement Details

Quarter
Q1 2023
Time
N/A

Conference Call Resources

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Farmers & Merchants Bank of Long Beach Earnings Headlines

Healthcare Takes A Big Step Forward With The Help of A.I.
To date, we've seen baseline AI models lay the groundwork. Tools like ChatGPT are useful, but they are still simple, proof-of-concept systems. For its next act, AI is going to help save lives. Already better than humans at a number of medical tasks, AI is ramping up to completely revolutionize healthcare.
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About Farmers & Merchants Bank of Long Beach

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) 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. The company also provides personal, home, commercial real estate, real estate and construction, and commercial business loans, as well as lines of credit; financing for residential loans comprising single-family and multifamily loans; and credit and debit cards. In addition, it offers account management, receivables and payables, and risk management services; commercial lending services; and faith-based and healthcare banking services, as well as online and mobile banking services. Farmers & Merchants Bank of Long Beach was founded in 1907 and is headquartered in Long Beach, California.

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