Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) Hits New 1-Year High – Time to Buy?

Shares of Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBLGet Free Report) reached a new 52-week high on Tuesday . The company traded as high as $9,375.00 and last traded at $9,339.00, with a volume of 57 shares changing hands. The stock had previously closed at $9,339.50.

Farmers & Merchants Bank of Long Beach Stock Performance

The stock has a market capitalization of $1.14 billion, a PE ratio of 13.49 and a beta of 0.24. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.72 and a quick ratio of 0.72. The business’s fifty day moving average price is $8,835.67 and its 200-day moving average price is $8,527.16.

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBLGet Free Report) last posted its earnings results on Tuesday, July 14th. The company reported $256.32 earnings per share for the quarter. Farmers & Merchants Bank of Long Beach had a net margin of 19.76% and a return on equity of 6.73%. The business had revenue of $98.99 million for the quarter.

Farmers & Merchants Bank of Long Beach Company Profile

(Get Free Report)

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) is a community bank founded in 1907 and headquartered in Long Beach, California. As a wholly owned subsidiary of FMB Bancorp, the bank serves individuals, families and local businesses with a focus on personalized relationship banking. Its long history reflects a commitment to supporting the economic growth and development of the communities it serves.

The bank’s primary business activities include a broad range of commercial and retail banking services.

Further Reading

Receive News & Ratings for Farmers & Merchants Bank of Long Beach Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Farmers & Merchants Bank of Long Beach and related companies with MarketBeat.com's FREE daily email newsletter.