Farmers & Merchants Bancorp (OTCMKTS:FMCB) Share Price Passes Above Fifty Day Moving Average – Here’s Why

Shares of Farmers & Merchants Bancorp (OTCMKTS:FMCB) crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $1,040.05 and traded as high as $1,044.99. Farmers & Merchants Bancorp shares last traded at $1,025.00, with a volume of 737 shares trading hands.

Farmers & Merchants Bancorp Stock Up 4.0 %

The business has a 50 day simple moving average of $1,042.50 and a 200 day simple moving average of $990.48. The company has a debt-to-equity ratio of 0.02, a current ratio of 0.82 and a quick ratio of 0.82. The stock has a market cap of $735 million, a PE ratio of 8.86 and a beta of 0.22.

Farmers & Merchants Bancorp (OTCMKTS:FMCB) last issued its earnings results on Wednesday, October 16th. The bank reported $29.96 EPS for the quarter. Farmers & Merchants Bancorp had a return on equity of 15.35% and a net margin of 30.25%. The firm had revenue of $58.27 million for the quarter.

Farmers & Merchants Bancorp Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, January 2nd. Shareholders of record on Wednesday, December 4th were paid a $9.30 dividend. The ex-dividend date of this dividend was Wednesday, December 4th. This is an increase from Farmers & Merchants Bancorp’s previous dividend of $8.80. Farmers & Merchants Bancorp’s payout ratio is 15.70%.

Farmers & Merchants Bancorp Company Profile

Farmers & Merchants Bancorp operates as the bank holding company for Farmers & Merchants Bank of Central California that provides various banking services to businesses and individuals. The company accepts various deposit products, including checking, savings, money market, time certificates of deposit, and individual retirement accounts.