Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) Announces Quarterly Dividend of $28.00

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) declared a quarterly dividend on Monday, February 24th, NASDAQ Dividends reports. Investors of record on Friday, March 14th will be given a dividend of 28.00 per share on Monday, March 31st. This represents a $112.00 dividend on an annualized basis and a yield of 1.98%. The ex-dividend date of this dividend is Friday, March 14th.

Farmers & Merchants Bank of Long Beach Trading Up 0.9 %

OTCMKTS:FMBL traded up $50.00 on Tuesday, reaching $5,650.00. The company’s stock had a trading volume of 37 shares, compared to its average volume of 115. Farmers & Merchants Bank of Long Beach has a 12-month low of $4,172.00 and a 12-month high of $5,800.00. The stock has a 50 day moving average price of $5,639.94 and a 200 day moving average price of $5,464.87. The firm has a market cap of $689.30 million, a price-to-earnings ratio of 15.79 and a beta of 0.43. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 0.66.

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) last posted its earnings results on Thursday, January 23rd. The company reported $32.18 earnings per share for the quarter. Farmers & Merchants Bank of Long Beach had a net margin of 9.77% and a return on equity of 3.29%.

About Farmers & Merchants Bank of Long Beach

Farmers & Merchants Bank of Long Beach provides various banking products and services to individuals, professionals, and small to medium-sized businesses in Los Angeles, Orange, and Santa Barbara Counties. It offers checking, savings, Christmas club savings, health savings, market rate savings, and money market accounts; demand and time deposits; certificates of deposit; and individual retirement account.