Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) Sees Large Volume Increase – Here’s What Happened

Shares of Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) saw an uptick in trading volume on Friday . Approximately 369 shares traded hands during trading, an increase of 251% from the previous session’s volume of 105 shares.The stock last traded at $9,860.00 and had previously closed at $9,891.9902.

Farmers & Merchants Bank of Long Beach Stock Down 0.2%

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 has a market cap of $1.18 billion, a P/E ratio of 14.04 and a beta of 0.23. The company’s 50 day moving average price is $9,736.76 and its two-hundred day moving average price is $8,949.33.

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

About Farmers & Merchants Bank of Long Beach

Farmers & Merchants Bank of Long Beach is a community bank headquartered in Long Beach, California. Founded in 1907, the bank serves individuals, families, businesses and nonprofit organizations across Southern California through a network of banking offices in the region.

The bank offers traditional personal and business banking products, including checking and savings accounts, certificates of deposit, online and mobile banking, consumer loans, commercial real estate lending and other business financing.