Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) Announces Quarterly Earnings Results

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) released its quarterly earnings results on Tuesday. The company reported $256.32 earnings per share (EPS) for the quarter, Zacks reports. The business had revenue of $98.99 million during the quarter. Farmers & Merchants Bank of Long Beach had a return on equity of 6.73% and a net margin of 19.76%.

Farmers & Merchants Bank of Long Beach Stock Up 0.7%

OTCMKTS FMBL opened at $9,300.00 on Thursday. Farmers & Merchants Bank of Long Beach has a 52 week low of $5,660.00 and a 52 week high of $9,350.00. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 0.21. The company has a market capitalization of $1.13 billion, a P/E ratio of 13.23 and a beta of 0.24. The stock’s 50-day moving average price is $8,743.39 and its 200-day moving average price is $8,490.52.

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.