Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) Hits New 1-Year High – Here’s What Happened

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) shares hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $5,800.00 and last traded at $5,797.97, with a volume of 39 shares changing hands. The stock had previously closed at $5,780.00.

Farmers & Merchants Bank of Long Beach Stock Down 0.5 %

The company has a debt-to-equity ratio of 0.66, a current ratio of 0.78 and a quick ratio of 0.78. The company has a fifty day moving average price of $5,655.14 and a 200 day moving average price of $5,550.08. The company has a market cap of $703.94 million, a PE ratio of 16.12 and a beta of 0.43.

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

Farmers & Merchants Bank of Long Beach Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be paid a $28.00 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $112.00 dividend on an annualized basis and a yield of 1.94%. Farmers & Merchants Bank of Long Beach’s dividend payout ratio is presently 31.29%.

Farmers & Merchants Bank of Long Beach Company Profile

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.