Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) Sets New 12-Month High – Here’s Why

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) hit a new 52-week high during trading on Monday . The company traded as high as $9,676.3984 and last traded at $9,650.0592, with a volume of 2 shares trading hands. The stock had previously closed at $9,650.00.

Farmers & Merchants Bank of Long Beach Price Performance

The firm’s fifty day simple moving average is $8,935.71 and its 200-day simple moving average is $8,567.65. The company has a market cap of $1.18 billion, a PE ratio of 13.95 and a beta of 0.24. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 0.21.

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) last issued its quarterly earnings data on Tuesday, July 14th. The company reported $256.32 earnings per share (EPS) for the quarter. The firm had revenue of $98.99 million during the quarter. Farmers & Merchants Bank of Long Beach had a return on equity of 6.73% and a net margin of 19.76%.

About Farmers & Merchants Bank of Long Beach

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.