Farmers & Merchants Bancorp (OTCMKTS:FMCB) Sees Large Volume Increase – Should You Buy?

Farmers & Merchants Bancorp (OTCMKTS:FMCB) shares saw unusually-strong trading volume on Tuesday . 1,537 shares changed hands during trading, an increase of 778% from the previous session’s volume of 175 shares.The stock last traded at $1,424.50 and had previously closed at $1,424.50.

Farmers & Merchants Bancorp Stock Performance

The firm has a 50 day moving average of $1,397.55 and a two-hundred day moving average of $1,301.26. The stock has a market cap of $992.67 million, a P/E ratio of 10.13 and a beta of 0.45. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.76 and a current ratio of 0.76.

Farmers & Merchants Bancorp (OTCMKTS:FMCB) last released its earnings results on Monday, July 20th. The bank reported $36.39 earnings per share (EPS) for the quarter. The firm had revenue of $62.39 million for the quarter. Farmers & Merchants Bancorp had a return on equity of 14.68% and a net margin of 31.10%.

Farmers & Merchants Bancorp Company Profile

Farmers & Merchants Bancorp is the bank holding company for Farmers & Merchants Bank of Long Beach, a community bank headquartered in Long Beach, California. Through its banking subsidiary, the company provides deposit, lending and other financial services to individuals, families, businesses and nonprofit organizations.

The bank’s products and services include checking and savings accounts, certificates of deposit, commercial and real estate loans, residential mortgages, consumer lending, treasury management and online banking.