Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) Sees Strong Trading Volume – Here’s Why

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) shares saw unusually-strong trading volume on Tuesday . Approximately 75 shares changed hands during trading, a decline of 29% from the previous session’s volume of 105 shares.The stock last traded at $9,250.00 and had previously closed at $9,164.96.

Farmers & Merchants Bank of Long Beach Trading Up 2.0%

The company’s 50-day moving average price is $8,710.77 and its 200-day moving average price is $8,476.54. The firm has a market cap of $1.12 billion, a price-to-earnings ratio of 16.71 and a beta of 0.24. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 0.21.

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) last released its quarterly earnings results on Tuesday, July 14th. The company reported $256.32 earnings per share for the quarter. Farmers & Merchants Bank of Long Beach had a net margin of 16.08% and a return on equity of 5.22%.

About Farmers & Merchants Bank of Long Beach

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.