Farmers & Merchants Bancorp (OTCMKTS:FMCB) Sets New 52-Week High – Should You Buy?

Farmers & Merchants Bancorp (OTCMKTS:FMCB)’s share price hit a new 52-week high during trading on Wednesday . The stock traded as high as $1,160.00 and last traded at $1,160.00, with a volume of 65 shares changing hands. The stock had previously closed at $1,150.00.

Farmers & Merchants Bancorp Stock Performance

The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.75 and a current ratio of 0.75. The firm has a market capitalization of $820.85 million, a PE ratio of 8.78 and a beta of 0.19. The business’s fifty day simple moving average is $1,116.50 and its 200-day simple moving average is $1,060.14.

Farmers & Merchants Bancorp (OTCMKTS:FMCB) last posted its earnings results on Monday, February 2nd. The bank reported $34.29 EPS for the quarter. The company had revenue of $62.96 million for the quarter. Farmers & Merchants Bancorp had a return on equity of 15.05% and a net margin of 30.88%.

Farmers & Merchants Bancorp Company Profile

Farmers & Merchants Bancorp, Inc is a bank holding company that operates through its wholly owned subsidiary, Farmers & Merchants Bank of Central California. Headquartered in Hanford, California, the company provides a broad range of commercial and consumer banking services tailored to individuals, businesses and agricultural enterprises in the San Joaquin Valley region.

The company’s core offerings include deposit products such as checking accounts, savings accounts, money market accounts and certificates of deposit.