Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) Stock Price Down 0.4% – Time to Sell?

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL)’s stock price dropped 0.4% during trading on Monday . The stock traded as low as $5,550.00 and last traded at $5,575.00. Approximately 34 shares were traded during mid-day trading, a decline of 69% from the average daily volume of 108 shares. The stock had previously closed at $5,595.00.

Farmers & Merchants Bank of Long Beach Stock Performance

The company has a market capitalization of $680.15 million, a price-to-earnings ratio of 15.58 and a beta of 0.27. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.78 and a quick ratio of 0.78. The stock has a 50 day simple moving average of $5,641.37 and a two-hundred day simple moving average of $5,671.78.

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) last posted its earnings results on Tuesday, April 22nd. The company reported $136.27 earnings per share for the quarter. The firm had revenue of $68.42 million during the quarter. Farmers & Merchants Bank of Long Beach had a return on equity of 3.29% and a net margin of 9.77%.

Farmers & Merchants Bank of Long Beach Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, June 13th will be given a $28.00 dividend. This represents a $112.00 dividend on an annualized basis and a dividend yield of 2.01%. Farmers & Merchants Bank of Long Beach’s dividend payout ratio (DPR) is 28.61%.

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.