Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) Shares Down 1.1%

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) shares were down 1.1% during mid-day trading on Tuesday . The company traded as low as $4,400.00 and last traded at $4,450.00. Approximately 45 shares traded hands during mid-day trading, a decline of 62% from the average daily volume of 117 shares. The stock had previously closed at $4,500.00.

Farmers & Merchants Bank of Long Beach Stock Performance

The firm has a fifty day moving average price of $4,809.24 and a 200 day moving average price of $4,836.28. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 0.75. The firm has a market cap of $534 million, a PE ratio of 8.04 and a beta of 0.41.

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) last posted its earnings results on Thursday, January 25th. The company reported $101.61 earnings per share (EPS) for the quarter. The company had revenue of $66.44 million during the quarter. Farmers & Merchants Bank of Long Beach had a return on equity of 5.29% and a net margin of 16.21%.

Farmers & Merchants Bank of Long Beach Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Friday, March 15th were given a $28.00 dividend. This represents a $112.00 dividend on an annualized basis and a yield of 2.52%. The ex-dividend date was Thursday, March 14th. Farmers & Merchants Bank of Long Beach’s payout ratio is 20.23%.

Farmers & Merchants Bank of Long Beach Company Profile

Farmers & Merchants Bank of Long Beach provides various banking products and services to individuals, professionals, and small to medium-sized businesses in Los Angeles, Orange, and Santa Barbara Counties. It offers checking, savings, Christmas club savings, health savings, market rate savings, and money market accounts; demand and time deposits; certificates of deposit; and individual retirement account.