Farmers & Merchants Bancorp (OTCMKTS:FMCB) Share Price Passes Above Fifty Day Moving Average – Here’s Why

Farmers & Merchants Bancorp (OTCMKTS:FMCB) passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $1,366.43 and traded as high as $1,412.00. Farmers & Merchants Bancorp shares last traded at $1,401.60, with a volume of 117 shares changing hands.

Farmers & Merchants Bancorp Price Performance

The company has a debt-to-equity ratio of 0.02, a current ratio of 0.76 and a quick ratio of 0.76. The stock has a 50 day moving average price of $1,366.43 and a 200-day moving average price of $1,278.67. The stock has a market capitalization of $967.10 million, a price-to-earnings ratio of 10.02 and a beta of 0.45.

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

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.