Farmers & Merchants Bancorp (OTCMKTS:FMCB) Sets New 52-Week High – Time to Buy?

Farmers & Merchants Bancorp (OTCMKTS:FMCB) hit a new 52-week high during trading on Friday . The stock traded as high as $1,200.00 and last traded at $1,200.00, with a volume of 214 shares. The stock had previously closed at $1,182.50.

Farmers & Merchants Bancorp Trading Up 1.1%

The business has a 50 day moving average of $1,135.43 and a two-hundred day moving average of $1,070.41. 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 firm has a market cap of $836.50 million, a P/E ratio of 8.92 and a beta of 0.19.

Farmers & Merchants Bancorp (OTCMKTS:FMCB) last released its quarterly earnings data on Monday, February 2nd. The bank reported $34.29 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.