Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) Hits New 1-Year High – Should You Buy?

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL)’s share price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $8,900.00 and last traded at $8,900.00, with a volume of 2 shares. The stock had previously closed at $8,865.00.

Farmers & Merchants Bank of Long Beach Stock Performance

The stock has a market capitalization of $1.07 billion, a PE ratio of 15.91 and a beta of 0.25. The business’s 50 day moving average is $8,541.09 and its 200 day moving average is $8,403.29. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 0.21.

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) last posted its quarterly earnings data on Monday, April 20th. The company reported $157.45 earnings per share for the quarter. Farmers & Merchants Bank of Long Beach had a net margin of 16.08% and a return on equity of 5.22%. The company had revenue of $81.90 million for 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.