Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) Hits New 1-Year High – Here’s Why

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $9,960.2096 and last traded at $9,960.2096, with a volume of 3 shares changing hands. The stock had previously closed at $9,880.00.

Farmers & Merchants Bank of Long Beach Trading Up 0.8%

The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.72 and a current ratio of 0.72. The firm has a market capitalization of $1.20 billion, a P/E ratio of 14.17 and a beta of 0.23. The firm has a 50 day moving average price of $9,530.53 and a two-hundred day moving average price of $8,824.22.

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) last announced its earnings results on Tuesday, July 14th. The company reported $256.32 EPS for the quarter. Farmers & Merchants Bank of Long Beach had a return on equity of 6.73% and a net margin of 19.76%.The business had revenue of $98.99 million during the quarter.

About Farmers & Merchants Bank of Long Beach

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) is a community bank founded in 1907 and headquartered in Long Beach, California. As a wholly owned subsidiary of FMB Bancorp, the bank serves individuals, families and local businesses with a focus on personalized relationship banking. Its long history reflects a commitment to supporting the economic growth and development of the communities it serves.

The bank’s primary business activities include a broad range of commercial and retail banking services.