Farmers & Merchants Bancorp (OTCMKTS:FMCB) Shares Gap Up – Time to Buy?

Farmers & Merchants Bancorp (OTCMKTS:FMCB – Get Free Report) shares gapped up before the market opened on Thursday. The stock had previously closed at $1,432.00, but opened at $1,497.88. Farmers & Merchants Bancorp shares last traded at $1,432.00, with a volume of 90 shares traded.

Farmers & Merchants Bancorp Stock Performance

The stock’s 50 day moving average price is $1,419.52 and its 200 day moving average price is $1,321.27. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 0.02. The firm has a market cap of $1.00 billion, a PE ratio of 10.23 and a beta of 0.45.

Farmers & Merchants Bancorp (OTCMKTS:FMCB – Get Free Report) last announced its quarterly earnings results on Monday, July 20th. The bank reported $36.39 earnings per share for the quarter. Farmers & Merchants Bancorp had a net margin of 31.10% and a return on equity of 14.68%. The firm had revenue of $62.39 million during the quarter.

Farmers & Merchants Bancorp Company Profile

(Get Free Report)

Farmers & Merchants Bancorp is the bank holding company for Farmers & Merchants Bank of Long Beach, a community bank headquartered in Long Beach, California. Through its banking subsidiary, the company provides deposit, lending and other financial services to individuals, families, businesses and nonprofit organizations.

The bank’s products and services include checking and savings accounts, certificates of deposit, commercial and real estate loans, residential mortgages, consumer lending, treasury management and online banking.

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