Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) Reaches New 12-Month High – Time to Buy?

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL)’s share price hit a new 52-week high during trading on Friday . The stock traded as high as $5,800.00 and last traded at $5,800.00, with a volume of 245 shares changing hands. The stock had previously closed at $5,685.01.

Farmers & Merchants Bank of Long Beach Stock Up 2.0 %

The stock has a market capitalization of $696 million, a P/E ratio of 13.30 and a beta of 0.43. The stock has a 50 day moving average price of $5,519.01 and a 200-day moving average price of $5,129.12. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.78 and a quick ratio of 0.78.

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) last announced its quarterly earnings results on Thursday, October 17th. The company reported $115.17 earnings per share for the quarter. The business had revenue of $64.89 million during the quarter. Farmers & Merchants Bank of Long Beach had a net margin of 11.52% and a return on equity of 3.95%.

Farmers & Merchants Bank of Long Beach Company Profile

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.