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

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) shares hit a new 52-week high during trading on Tuesday . The stock traded as high as $8,665.6696 and last traded at $8,662.00, with a volume of 17 shares traded. The stock had previously closed at $8,650.00.

Farmers & Merchants Bank of Long Beach Price Performance

The company’s fifty day moving average price is $8,456.73 and its 200 day moving average price is $8,356.93. The company has a market capitalization of $1.04 billion, a P/E ratio of 15.49 and a beta of 0.25. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 0.21.

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) last announced its quarterly earnings data on Monday, April 20th. The company reported $157.45 earnings per share (EPS) for the quarter. Farmers & Merchants Bank of Long Beach had a net margin of 16.08% and a return on equity of 5.22%. The business had revenue of $81.90 million for the quarter.

About Farmers & Merchants Bank of Long Beach

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.