Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) Reaches New 52-Week High – Here’s Why

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL)’s stock price hit a new 52-week high during trading on Wednesday . The stock traded as high as $9,350.00 and last traded at $9,235.00, with a volume of 87 shares changing hands. The stock had previously closed at $9,164.96.

Farmers & Merchants Bank of Long Beach Price Performance

The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 0.21. The company has a market capitalization of $1.12 billion, a PE ratio of 13.29 and a beta of 0.24. The stock’s 50-day moving average is $8,761.19 and its two-hundred day moving average is $8,497.99.

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

Farmers & Merchants Bank of Long Beach Company Profile

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.