Farmers & Merchants Bancorp (OTCMKTS:FMCB) Reaches New 52-Week High – Should You Buy?

Farmers & Merchants Bancorp (OTCMKTS:FMCB)’s share price hit a new 52-week high during trading on Wednesday . The stock traded as high as $1,402.50 and last traded at $1,402.50, with a volume of 123 shares changing hands. The stock had previously closed at $1,310.00.

Farmers & Merchants Bancorp Stock Performance

The firm has a market cap of $967.73 million, a PE ratio of 10.28 and a beta of 0.43. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 0.02. The firm’s 50 day simple moving average is $1,222.02 and its 200 day simple moving average is $1,154.30.

Farmers & Merchants Bancorp (OTCMKTS:FMCB) last announced its quarterly 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 net margin of 30.75% and a return on equity of 14.76%.

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.