Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) Posts Earnings Results

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) issued its quarterly earnings data on Tuesday. The company reported $283.54 earnings per share (EPS) for the quarter, Zacks reports. Farmers & Merchants Bank of Long Beach had a return on equity of 6.73% and a net margin of 19.76%.

Farmers & Merchants Bank of Long Beach Price Performance

Shares of OTCMKTS FMBL opened at $9,750.00 on Wednesday. The firm has a market capitalization of $1.17 billion, a P/E ratio of 13.80 and a beta of 0.24. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 0.21. The stock’s 50-day simple moving average is $9,827.79 and its two-hundred day simple moving average is $9,183.31. Farmers & Merchants Bank of Long Beach has a twelve month low of $7,311.00 and a twelve month high of $9,994.98.

Farmers & Merchants Bank of Long Beach Company Profile

Farmers & Merchants Bank of Long Beach is a community bank headquartered in Long Beach, California. Founded in 1907, the bank provides banking services to individuals, families, businesses and nonprofit organizations in Southern California. It operates through a network of branches and emphasizes relationship-based, local banking.

The bank offers deposit products such as checking and savings accounts, money market accounts and certificates of deposit. Its lending activities include commercial real estate, construction, business, residential and consumer loans.