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

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) shares traded down 1.1% during trading on Tuesday . The stock traded as low as $4,400.00 and last traded at $4,450.00. 45 shares changed hands during 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 company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.75. The company has a market cap of $534 million, a P/E ratio of 8.04 and a beta of 0.41. The business has a fifty day simple moving average of $4,809.24 and a two-hundred day simple moving average of $4,836.28.

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

Farmers & Merchants Bank of Long Beach Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Friday, March 15th were issued a $28.00 dividend. This represents a $112.00 dividend on an annualized basis and a dividend yield of 2.52%. The ex-dividend date of this dividend was Thursday, March 14th. Farmers & Merchants Bank of Long Beach’s payout ratio is 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.