Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) Stock Price Up 0.2%

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) shares shot up 0.2% on Tuesday . The stock traded as high as $5,035.00 and last traded at $5,035.00. 1 shares traded hands during trading, a decline of 99% from the average session volume of 118 shares. The stock had previously closed at $5,025.00.

Farmers & Merchants Bank of Long Beach Price Performance

The stock has a market capitalization of $609.24 million, a P/E ratio of 10.37 and a beta of 0.41. The business’s 50 day simple moving average is $5,031.65 and its two-hundred day simple moving average is $4,801.32. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 0.88.

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) last announced its quarterly earnings results on Thursday, July 18th. The company reported $107.86 earnings per share for the quarter. The business had revenue of $67.66 million for the quarter. Farmers & Merchants Bank of Long Beach had a net margin of 12.34% and a return on equity of 4.21%.

Farmers & Merchants Bank of Long Beach Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, September 30th. Stockholders of record on Friday, September 13th will be issued a $28.00 dividend. The ex-dividend date of this dividend is Friday, September 13th. This represents a $112.00 dividend on an annualized basis and a dividend yield of 2.22%. Farmers & Merchants Bank of Long Beach’s dividend payout ratio is presently 23.07%.

About Farmers & Merchants Bank of Long Beach

Farmers & Merchants Bank of Long Beach provides various banking products and services to individuals, professionals, and small to medium-sized businesses in Los Angeles, Orange, and Santa Barbara Counties. It offers checking, savings, Christmas club savings, health savings, market rate savings, and money market accounts; demand and time deposits; certificates of deposit; and individual retirement account.