Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) Hits New 52-Week High – Here’s Why

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $9,375.00 and last traded at $9,339.00, with a volume of 57 shares changing hands. The stock had previously closed at $9,339.50.

Farmers & Merchants Bank of Long Beach Trading Down 0.0%

The firm has a market cap of $1.12 billion, a PE ratio of 13.28 and a beta of 0.24. The firm has a fifty day simple moving average of $8,796.76 and a two-hundred day simple moving average of $8,511.75. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 0.21.

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) last posted its earnings results on Tuesday, July 14th. The company reported $256.32 earnings per share (EPS) for the quarter. The firm had revenue of $98.99 million for 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 Company Profile

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.