Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) Reaches New 12-Month High – What’s Next?

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL)’s stock price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $9,960.2096 and last traded at $9,960.2096, with a volume of 3 shares changing hands. The stock had previously closed at $9,880.00.

Farmers & Merchants Bank of Long Beach Price Performance

The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 0.21. The stock’s 50 day moving average price is $9,530.53 and its two-hundred day moving average price is $8,824.22. The firm has a market capitalization of $1.20 billion, a price-to-earnings ratio of 14.17 and a beta of 0.23.

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 (EPS) for the quarter. Farmers & Merchants Bank of Long Beach had a return on equity of 6.73% and a net margin of 19.76%.The firm had revenue of $98.99 million during the quarter.

Farmers & Merchants Bank of Long Beach Company Profile

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.