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

Farmers & Merchants Bancorp (OTCMKTS:FMCB) shares gapped down before the market opened on Friday . The stock had previously closed at $1,505.00, but opened at $1,432.5050. Farmers & Merchants Bancorp shares last traded at $1,432.5050, with a volume of 1 shares.

Farmers & Merchants Bancorp Price Performance

The company has a fifty day moving average of $1,353.74 and a 200 day moving average of $1,268.51. The firm has a market capitalization of $993.02 million, a P/E ratio of 10.25 and a beta of 0.45. The company has a debt-to-equity ratio of 0.02, a current ratio of 0.76 and a quick ratio of 0.76.

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

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.