Farmers & Merchants Bancorp (OTCMKTS:FMCB) Sets New 1-Year High – Still a Buy?

Farmers & Merchants Bancorp (OTCMKTS:FMCB) hit a new 52-week high on Thursday . The stock traded as high as $1,205.00 and last traded at $1,205.00, with a volume of 163 shares changing hands. The stock had previously closed at $1,200.50.

Farmers & Merchants Bancorp Price Performance

The company’s fifty day moving average is $1,160.03 and its two-hundred day moving average is $1,102.03. The firm has a market capitalization of $831.45 million, a price-to-earnings ratio of 8.99 and a beta of 0.23. The company has a quick ratio of 0.74, a current ratio of 0.74 and a debt-to-equity ratio of 0.02.

Farmers & Merchants Bancorp (OTCMKTS:FMCB) last announced its quarterly earnings data on Monday, February 2nd. The bank reported $34.29 earnings per share for the quarter. Farmers & Merchants Bancorp had a net margin of 30.88% and a return on equity of 14.91%. The business had revenue of $62.96 million for the quarter.

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.