Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) Sees Large Volume Increase – Should You Buy?

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) saw unusually-strong trading volume on Monday. 550 shares were traded during trading, an increase of 424% from the previous session’s volume of 105 shares. The stock last traded at $9,698.9904 and had previously closed at $9,699.00.

Farmers & Merchants Bank of Long Beach Stock 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 firm’s fifty day moving average price is $9,827.79 and its two-hundred day moving average price is $9,183.31. The stock has a market capitalization of $1.17 billion, a PE ratio of 13.80 and a beta of 0.24.

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) last announced its quarterly earnings results on Tuesday, October 20th. The company reported $283.54 earnings per share (EPS) for the quarter. Farmers & Merchants Bank of Long Beach had a net margin of 19.76% and a return on equity of 6.73%.

About Farmers & Merchants Bank of Long Beach

Farmers & Merchants Bank of Long Beach is a community bank headquartered in Long Beach, California. Founded in 1907, the bank provides banking services to individuals, families, businesses and nonprofit organizations in Southern California. It operates through a network of branches and emphasizes relationship-based, local banking.

The bank offers deposit products such as checking and savings accounts, money market accounts and certificates of deposit. Its lending activities include commercial real estate, construction, business, residential and consumer loans.