Farmers & Merchants Bancorp (OTCMKTS:FMCB) Sets New 1-Year High – Time to Buy?

Shares of Farmers & Merchants Bancorp (OTCMKTS:FMCB) hit a new 52-week high during mid-day trading on Friday . The company traded as high as $1,345.00 and last traded at $1,345.00, with a volume of 210 shares traded. The stock had previously closed at $1,310.00.

Farmers & Merchants Bancorp Trading Up 2.7%

The firm has a market cap of $928.05 million, a P/E ratio of 9.85 and a beta of 0.43. The company has a debt-to-equity ratio of 0.02, a current ratio of 0.76 and a quick ratio of 0.74. The stock has a 50 day moving average of $1,193.18 and a 200 day moving average of $1,136.44.

Farmers & Merchants Bancorp (OTCMKTS:FMCB) last released its earnings results on Monday, April 20th. The bank reported $999.00 EPS for the quarter. The business had revenue of $62.06 million for the quarter. Farmers & Merchants Bancorp had a return on equity of 14.76% and a net margin of 30.75%.

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.