Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) Sets New 12-Month High – Still a Buy?

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL)’s stock price reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $9,898.00 and last traded at $9,898.00, with a volume of 16 shares changing hands. The stock had previously closed at $9,800.00.

Farmers & Merchants Bank of Long Beach Stock Performance

The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.72 and a current ratio of 0.72. The stock has a market capitalization of $1.18 billion, a PE ratio of 13.94 and a beta of 0.24. The stock has a 50-day moving average price of $9,348.47 and a two-hundred day moving average price of $8,744.54.

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) last posted its quarterly earnings results on Tuesday, July 14th. The company reported $256.32 earnings per share for the quarter. Farmers & Merchants Bank of Long Beach had a net margin of 19.76% and a return on equity of 6.73%. The business had revenue of $98.99 million during the quarter.

About Farmers & Merchants Bank of Long Beach

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) is a community bank founded in 1907 and headquartered in Long Beach, California. As a wholly owned subsidiary of FMB Bancorp, the bank serves individuals, families and local businesses with a focus on personalized relationship banking. Its long history reflects a commitment to supporting the economic growth and development of the communities it serves.

The bank’s primary business activities include a broad range of commercial and retail banking services.