Farmers & Merchants Bancorp (OTCMKTS:FMCB) Sets New 52-Week High – Here’s Why

Farmers & Merchants Bancorp (OTCMKTS:FMCBGet Free Report)’s share price hit a new 52-week high on Thursday . The stock traded as high as $1,350.00 and last traded at $1,349.99, with a volume of 66 shares. The stock had previously closed at $1,305.01.

Farmers & Merchants Bancorp Price Performance

The company has a fifty day moving average of $1,205.57 and a 200 day moving average of $1,145.10. The firm has a market capitalization of $931.49 million, a P/E ratio of 9.89 and a beta of 0.43. The company has a debt-to-equity ratio of 0.02, a current ratio of 0.76 and a quick ratio of 0.76.

Farmers & Merchants Bancorp (OTCMKTS:FMCBGet Free Report) last announced its earnings results on Monday, April 20th. The bank reported $999.00 EPS for the quarter. The business had revenue of $62.06 million for the quarter. Farmers & Merchants Bancorp had a return on equity of 14.76% and a net margin of 30.75%.

About Farmers & Merchants Bancorp

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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.

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