Farmers & Merchants Bancorp (OTCMKTS:FMCB) Posts Earnings Results

Farmers & Merchants Bancorp (OTCMKTS:FMCB) announced its earnings results on Monday. The bank reported $36.39 EPS for the quarter, Zacks reports. Farmers & Merchants Bancorp had a return on equity of 14.76% and a net margin of 30.75%.

Farmers & Merchants Bancorp Trading Up 1.1%

Shares of OTCMKTS:FMCB traded up $14.99 during midday trading on Monday, reaching $1,345.00. The company had a trading volume of 104 shares, compared to its average volume of 172. The firm has a market cap of $928.05 million, a price-to-earnings ratio of 9.85 and a beta of 0.48. The company has a fifty day simple moving average of $1,324.71 and a two-hundred day simple moving average of $1,223.00. 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 has a 1-year low of $985.25 and a 1-year high of $1,402.50.

About Farmers & Merchants Bancorp

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.