Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) Trading Down 1.1%

Shares of Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) traded down 1.1% on Tuesday . The company traded as low as $4,400.00 and last traded at $4,450.00. 45 shares were traded during mid-day trading, a decline of 62% from the average session volume of 117 shares. The stock had previously closed at $4,500.00.

Farmers & Merchants Bank of Long Beach Stock Performance

The firm has a market cap of $528 million, a PE ratio of 8.04 and a beta of 0.41. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.75. The business has a 50 day simple moving average of $4,783.34 and a two-hundred day simple moving average of $4,831.78.

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) last announced its quarterly earnings results on Thursday, January 25th. The company reported $101.61 EPS for the quarter. The firm had revenue of $66.44 million for the quarter. Farmers & Merchants Bank of Long Beach had a return on equity of 5.29% and a net margin of 16.21%.

Farmers & Merchants Bank of Long Beach Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 29th. Stockholders of record on Friday, March 15th were paid a dividend of $28.00 per share. The ex-dividend date of this dividend was Thursday, March 14th. This represents a $112.00 annualized dividend and a dividend yield of 2.55%. Farmers & Merchants Bank of Long Beach’s dividend payout ratio is currently 20.23%.

Farmers & Merchants Bank of Long Beach Company Profile

Farmers & Merchants Bank of Long Beach provides various banking products and services to individuals, professionals, and small to medium-sized businesses in Los Angeles, Orange, and Santa Barbara Counties. It offers checking, savings, Christmas club savings, health savings, market rate savings, and money market accounts; demand and time deposits; certificates of deposit; and individual retirement account.