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

Farmers & Merchants Bancorp (OTCMKTS:FMCB) hit a new 52-week high on Tuesday . The stock traded as high as $1,199.99 and last traded at $1,183.00, with a volume of 108 shares trading hands. The stock had previously closed at $1,175.9980.

Farmers & Merchants Bancorp Price Performance

The company has a current ratio of 0.75, a quick ratio of 0.75 and a debt-to-equity ratio of 0.02. The business has a 50-day moving average of $1,118.96 and a 200 day moving average of $1,062.14. The firm has a market capitalization of $828.10 million, a PE ratio of 8.83 and a beta of 0.18.

Farmers & Merchants Bancorp (OTCMKTS:FMCB) last posted its earnings results on Monday, February 2nd. The bank reported $34.29 earnings per share (EPS) for the quarter. Farmers & Merchants Bancorp had a net margin of 30.88% and a return on equity of 15.05%. The firm had revenue of $62.96 million during the quarter.

Farmers & Merchants Bancorp Company Profile

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.