Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) Issues Quarterly Earnings Results

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) posted its quarterly earnings data on Tuesday. The company reported $102.71 earnings per share for the quarter, reports. The firm had revenue of $65.69 million during the quarter. Farmers & Merchants Bank of Long Beach had a net margin of 13.71% and a return on equity of 4.61%.

Farmers & Merchants Bank of Long Beach Stock Down 4.0 %

Shares of OTCMKTS FMBL opened at $4,225.00 on Thursday. The firm has a market capitalization of $507 million, a PE ratio of 9.06 and a beta of 0.41. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 0.75. Farmers & Merchants Bank of Long Beach has a 1 year low of $4,225.00 and a 1 year high of $5,991.00. The firm’s 50-day moving average is $4,730.64 and its 200-day moving average is $4,826.54.

Farmers & Merchants Bank of Long Beach Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, March 29th. Stockholders of record on Friday, March 15th were paid a $28.00 dividend. This represents a $112.00 annualized dividend and a dividend yield of 2.65%. The ex-dividend date was Thursday, March 14th. Farmers & Merchants Bank of Long Beach’s dividend payout ratio (DPR) is presently 23.07%.

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.