Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) Sets New 52-Week High – Time to Buy?

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL)’s share price hit a new 52-week high on Wednesday . The stock traded as high as $5,800.00 and last traded at $5,750.00, with a volume of 51 shares trading hands. The stock had previously closed at $5,750.01.

Farmers & Merchants Bank of Long Beach Trading Up 0.9 %

The company has a debt-to-equity ratio of 0.66, a current ratio of 0.78 and a quick ratio of 0.78. The stock has a market capitalization of $707.25 million, a price-to-earnings ratio of 13.46 and a beta of 0.43. The business has a fifty day moving average of $5,601.34 and a 200-day moving average of $5,204.81.

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) last released its earnings results on Thursday, October 17th. The company reported $115.17 EPS for the quarter. Farmers & Merchants Bank of Long Beach had a net margin of 11.52% and a return on equity of 3.95%. The business had revenue of $64.89 million for the quarter.

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.