Farmers & Merchants Bancorp (OTCMKTS:FMCB) Sets New 12-Month High – Here’s What Happened

Shares of Farmers & Merchants Bancorp (OTCMKTS:FMCB) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $1,402.51 and last traded at $1,402.51, with a volume of 101 shares traded. The stock had previously closed at $1,390.00.

Farmers & Merchants Bancorp Stock Up 3.6%

The business has a 50-day moving average of $1,343.90 and a 200 day moving average of $1,259.11. The company has a market capitalization of $1.00 billion, a PE ratio of 10.36 and a beta of 0.45. The company has a debt-to-equity ratio of 0.02, a current ratio of 0.76 and a quick ratio of 0.76.

Farmers & Merchants Bancorp (OTCMKTS:FMCB) last released its quarterly earnings data on Monday, July 20th. The bank reported $36.39 earnings per share (EPS) for the quarter. The business had revenue of $62.39 million for the quarter. Farmers & Merchants Bancorp had a return on equity of 14.68% and a net margin of 31.10%.

About Farmers & Merchants Bancorp

Farmers & Merchants Bancorp, Inc is a bank holding company that operates through its wholly owned subsidiary, Farmers & Merchants Bank of Central California. Headquartered in Hanford, California, the company provides a broad range of commercial and consumer banking services tailored to individuals, businesses and agricultural enterprises in the San Joaquin Valley region.

The company’s core offerings include deposit products such as checking accounts, savings accounts, money market accounts and certificates of deposit.