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

Farmers & Merchants Bancorp (OTCMKTS:FMCB) shares reached a new 52-week high on Wednesday . The company traded as high as $1,160.00 and last traded at $1,160.00, with a volume of 65 shares changing hands. The stock had previously closed at $1,150.00.

Farmers & Merchants Bancorp Stock Up 0.9%

The company has a market cap of $812 million, a PE ratio of 8.66 and a beta of 0.19. The business has a 50-day simple moving average of $1,109.74 and a 200-day simple moving average of $1,057.47. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 0.02.

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

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.