Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) Sets New 52-Week Low at $4,225.00

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) shares hit a new 52-week low on Wednesday . The stock traded as low as $4,225.00 and last traded at $4,225.00, with a volume of 372 shares trading hands. The stock had previously closed at $4,400.00.

Farmers & Merchants Bank of Long Beach Stock Performance

The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.75. The company has a market capitalization of $504.60 million, a PE ratio of 8.66 and a beta of 0.41. The business has a 50 day simple moving average of $4,702.96 and a 200 day simple moving average of $4,820.49.

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) last posted its quarterly earnings results on Tuesday, April 23rd. The company reported $102.71 earnings per share (EPS) for the quarter. Farmers & Merchants Bank of Long Beach had a net margin of 13.71% and a return on equity of 4.61%. The business had revenue of $65.69 million during the quarter.

Farmers & Merchants Bank of Long Beach Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Friday, March 15th were given a dividend of $28.00 per share. This represents a $112.00 dividend on an annualized basis and a yield of 2.66%. The ex-dividend date of this dividend was Thursday, March 14th. Farmers & Merchants Bank of Long Beach’s dividend payout ratio is presently 23.07%.

About Farmers & Merchants Bank of Long Beach

Farmers & Merchants Bank of Long Beach provides various banking products and services to individuals, professionals, and small to medium-sized businesses in Los Angeles, Orange, and Santa Barbara Counties. It offers checking, savings, Christmas club savings, health savings, market rate savings, and money market accounts; demand and time deposits; certificates of deposit; and individual retirement account.