Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL - Get Free Report) announced its earnings results on Tuesday. The company reported $136.27 earnings per share (EPS) for the quarter, Zacks reports. The business had revenue of $68.42 million for the quarter. Farmers & Merchants Bank of Long Beach had a return on equity of 3.29% and a net margin of 9.77%.
Farmers & Merchants Bank of Long Beach Trading Down 0.2 %
Shares of OTCMKTS FMBL traded down $10.00 during trading hours on Friday, hitting $5,710.00. 40 shares of the company traded hands, compared to its average volume of 107. The stock has a market capitalization of $696.62 million, a price-to-earnings ratio of 15.95 and a beta of 0.26. The company's 50 day moving average price is $5,664.26 and its 200 day moving average price is $5,629.21. Farmers & Merchants Bank of Long Beach has a 12 month low of $4,172.00 and a 12 month high of $5,800.00. 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 Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, March 14th were paid a $28.00 dividend. The ex-dividend date of this dividend was Friday, March 14th. This represents a $112.00 dividend on an annualized basis and a dividend yield of 1.96%. Farmers & Merchants Bank of Long Beach's payout ratio is currently 31.29%.
About Farmers & Merchants Bank of Long Beach
(
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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.
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