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Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) Sets New 52-Week High - Still a Buy?

Farmers & Merchants Bank of Long Beach logo with Finance background

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL - Get Free Report) shares reached a new 52-week high on Tuesday . The stock traded as high as $5,500.00 and last traded at $5,500.00, with a volume of 9 shares traded. The stock had previously closed at $5,450.00.

Farmers & Merchants Bank of Long Beach Trading Up 0.9 %

The company has a market cap of $676.50 million, a P/E ratio of 11.22 and a beta of 0.42. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 0.88. The firm's 50-day moving average price is $5,219.71 and its 200-day moving average price is $4,934.91.

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL - Get Free Report) last released its quarterly earnings data on Thursday, October 17th. The company reported $115.17 earnings per share for the quarter. The business had revenue of $64.89 million during the quarter. Farmers & Merchants Bank of Long Beach had a net margin of 11.52% and a return on equity of 3.97%.

Farmers & Merchants Bank of Long Beach Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Friday, September 13th were issued a $28.00 dividend. This represents a $112.00 dividend on an annualized basis and a dividend yield of 2.04%. The ex-dividend date was Friday, September 13th. Farmers & Merchants Bank of Long Beach's payout ratio is 23.07%.

Farmers & Merchants Bank of Long Beach Company Profile

(Get Free Report)

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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