Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) Sets New 52-Week High – Still a Buy?

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) shares reached a new 52-week high on Friday . The stock traded as high as $8,600.00 and last traded at $8,600.00, with a volume of 21 shares traded. The stock had previously closed at $8,553.00.

Farmers & Merchants Bank of Long Beach Stock Up 0.5%

The company has a market capitalization of $1.04 billion, a price-to-earnings ratio of 15.37 and a beta of 0.25. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 0.21. The business has a 50-day moving average price of $8,408.65 and a 200-day moving average price of $8,320.92.

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) last posted its quarterly earnings data on Monday, April 20th. The company reported $157.45 earnings per share (EPS) for the quarter. Farmers & Merchants Bank of Long Beach had a return on equity of 5.22% and a net margin of 16.08%.The firm had revenue of $81.90 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.