Farmers & Merchants Bancorp (OTCMKTS:FMCB) Shares Gap Up – Here’s What Happened

Farmers & Merchants Bancorp (OTCMKTS:FMCB) shares gapped up prior to trading on Tuesday . The stock had previously closed at $1,399.70, but opened at $1,458.12. Farmers & Merchants Bancorp shares last traded at $1,455.01, with a volume of 6 shares traded.

Farmers & Merchants Bancorp Stock Down 0.6%

The firm has a 50 day moving average of $1,346.08 and a two-hundred day moving average of $1,261.40. The stock has a market capitalization of $1.01 billion, a PE ratio of 10.40 and a beta of 0.45. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 0.02.

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

Farmers & Merchants Bancorp Company Profile

Farmers & Merchants Bancorp, Inc is a bank holding company that operates through its wholly owned subsidiary, Farmers & Merchants Bank of Central California. Headquartered in Hanford, California, the company provides a broad range of commercial and consumer banking services tailored to individuals, businesses and agricultural enterprises in the San Joaquin Valley region.

The company’s core offerings include deposit products such as checking accounts, savings accounts, money market accounts and certificates of deposit.