Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) Reaches New 12-Month High – Here’s What Happened

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL)’s stock price hit a new 52-week high during mid-day trading on Friday . The stock traded as high as $8,600.00 and last traded at $8,600.00, with a volume of 36 shares trading hands. The stock had previously closed at $8,500.00.

Farmers & Merchants Bank of Long Beach Trading Up 1.1%

The company has a market capitalization of $1.04 billion, a price-to-earnings ratio of 15.36 and a beta of 0.25. The company has a 50-day moving average price of $8,359.90 and a 200-day moving average price of $8,271.17. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 0.21.

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) last issued its quarterly earnings results on Monday, April 20th. The company reported $157.45 earnings per share (EPS) for the quarter. Farmers & Merchants Bank of Long Beach had a return on equity of 5.22% and a net margin of 16.08%.The company had revenue of $81.90 million for 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.