Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) Sets New 1-Year Low at $4,225.00

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) shares hit a new 52-week low during trading on Wednesday . The company traded as low as $4,225.00 and last traded at $4,225.00, with a volume of 372 shares traded. The stock had previously closed at $4,400.00.

Farmers & Merchants Bank of Long Beach Stock Performance

The firm has a market capitalization of $507 million, a price-to-earnings ratio of 8.13 and a beta of 0.41. The firm’s 50 day simple moving average is $4,744.54 and its 200 day simple moving average is $4,830.77. The company has a debt-to-equity ratio of 0.75, a quick ratio of 0.76 and a current ratio of 0.76.

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

Farmers & Merchants Bank of Long Beach Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Friday, March 15th were paid a dividend of $28.00 per share. This represents a $112.00 dividend on an annualized basis and a yield of 2.65%. The ex-dividend date was Thursday, March 14th. Farmers & Merchants Bank of Long Beach’s dividend payout ratio (DPR) is currently 20.23%.

About Farmers & Merchants Bank of Long Beach

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.