Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL – Get Free Report) issued its quarterly earnings data on Tuesday. The company reported $283.54 earnings per share for the quarter, Zacks reports. Farmers & Merchants Bank of Long Beach had a return on equity of 6.73% and a net margin of 19.76%.
Farmers & Merchants Bank of Long Beach Trading Up 0.3%
Farmers & Merchants Bank of Long Beach stock traded up $26.01 during trading hours on Tuesday, hitting $9,725.00. The stock had a trading volume of 34 shares, compared to its average volume of 107. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 0.21. The stock has a market cap of $1.17 billion, a price-to-earnings ratio of 13.83 and a beta of 0.24. Farmers & Merchants Bank of Long Beach has a one year low of $7,311.00 and a one year high of $9,994.98. The business’s 50 day simple moving average is $9,828.79 and its 200-day simple moving average is $9,173.03.
About Farmers & Merchants Bank of Long Beach
Farmers & Merchants Bank of Long Beach is a community bank headquartered in Long Beach, California. Founded in 1907, the bank provides banking services to individuals, families, businesses and nonprofit organizations in Southern California. It operates through a network of branches and emphasizes relationship-based, local banking.
The bank offers deposit products such as checking and savings accounts, money market accounts and certificates of deposit. Its lending activities include commercial real estate, construction, business, residential and consumer loans.
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