Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) Sets New 52-Week High - Here's Why

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL - Get Free Report)'s stock price hit a new 52-week high during trading on Thursday . The stock traded as high as $5,800.00 and last traded at $5,797.97, with a volume of 39 shares trading hands. The stock had previously closed at $5,780.00.

Farmers & Merchants Bank of Long Beach Stock Down 0.5 %

The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 0.66. The firm has a 50-day moving average of $5,655.14 and a 200 day moving average of $5,557.46. The stock has a market capitalization of $703.94 million, a price-to-earnings ratio of 16.12 and a beta of 0.43.

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL - Get Free Report) last posted its quarterly earnings data on Thursday, January 23rd. The company reported $32.18 earnings per share for the quarter. Farmers & Merchants Bank of Long Beach had a net margin of 9.77% and a return on equity of 3.29%.

Farmers & Merchants Bank of Long Beach Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be issued a dividend of $28.00 per share. This represents a $112.00 annualized dividend and a yield of 1.94%. The ex-dividend date of this dividend is Friday, March 14th. Farmers & Merchants Bank of Long Beach's dividend payout ratio is currently 31.29%.

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.