Farmers & Merchants Bancorp (OTCMKTS:FMCB) Shares Gap Up – Here’s Why

Farmers & Merchants Bancorp (OTCMKTS:FMCBGet Free Report) shares gapped up before the market opened on Friday . The stock had previously closed at $1,311.00, but opened at $1,377.3860. Farmers & Merchants Bancorp shares last traded at $1,401.98, with a volume of 2 shares.

Farmers & Merchants Bancorp Stock Performance

The stock has a 50 day moving average of $1,253.29 and a 200 day moving average of $1,170.25. The company has a market capitalization of $970.17 million, a price-to-earnings ratio of 10.27 and a beta of 0.45. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.02.

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

Farmers & Merchants Bancorp Company Profile

(Get Free Report)

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.

Further Reading

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