Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) Reaches New 1-Year High – Here’s What Happened

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) reached a new 52-week high during trading on Friday . The stock traded as high as $9,898.00 and last traded at $9,898.00, with a volume of 16 shares traded. The stock had previously closed at $9,800.00.

Farmers & Merchants Bank of Long Beach Price Performance

The company’s 50 day simple moving average is $9,348.47 and its 200-day simple moving average is $8,744.54. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 0.21. The firm has a market cap of $1.18 billion, a P/E ratio of 13.94 and a beta of 0.24.

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

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.