Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) Sees Large Drop in Short Interest

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) was the recipient of a significant decline in short interest during the month of September. As of September 15th, there was short interest totaling 15 shares, a decline of 40.0% from the August 31st total of 25 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are sold short.

Farmers & Merchants Bank of Long Beach Price Performance

Shares of OTCMKTS:FMBL opened at $9,845.00 on Wednesday. The company has a market cap of $1.18 billion, a price-to-earnings ratio of 14.00 and a beta of 0.23. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 0.21. The company has a 50-day moving average price of $9,829.31 and a 200 day moving average price of $9,030.85. Farmers & Merchants Bank of Long Beach has a 12 month low of $7,000.00 and a 12 month high of $9,994.98.

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

About Farmers & Merchants Bank of Long Beach

Farmers & Merchants Bank of Long Beach is a community bank headquartered in Long Beach, California. Founded in 1907, the bank serves individuals, families, businesses and nonprofit organizations across Southern California through a network of banking offices in the region.

The bank offers traditional personal and business banking products, including checking and savings accounts, certificates of deposit, online and mobile banking, consumer loans, commercial real estate lending and other business financing.