Farmers & Merchants Bancorp (OTCMKTS:FMCB) Shares Pass Above 50-Day Moving Average – Here’s Why

Shares of Farmers & Merchants Bancorp (OTCMKTS:FMCB) passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $1,013.38 and traded as high as $1,065.01. Farmers & Merchants Bancorp shares last traded at $1,065.01, with a volume of 64 shares trading hands.

Farmers & Merchants Bancorp Price Performance

The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.02. The company has a fifty day moving average price of $1,015.53 and a two-hundred day moving average price of $982.50. The firm has a market cap of $752.50 million, a P/E ratio of 9.07 and a beta of 0.19.

Farmers & Merchants Bancorp (OTCMKTS:FMCB) last announced its earnings results on Wednesday, October 16th. The bank reported $29.96 EPS for the quarter. The business had revenue of $58.27 million during the quarter. Farmers & Merchants Bancorp had a net margin of 30.25% and a return on equity of 15.35%.

Farmers & Merchants Bancorp Increases Dividend

The business also recently announced a dividend, which will be paid on Thursday, January 2nd. Stockholders of record on Wednesday, December 4th will be issued a $9.30 dividend. The ex-dividend date is Wednesday, December 4th. This is a positive change from Farmers & Merchants Bancorp’s previous dividend of $8.80. Farmers & Merchants Bancorp’s dividend payout ratio (DPR) is currently 15.70%.

Farmers & Merchants Bancorp Company Profile

Farmers & Merchants Bancorp operates as the bank holding company for Farmers & Merchants Bank of Central California that provides various banking services to businesses and individuals. The company accepts various deposit products, including checking, savings, money market, time certificates of deposit, and individual retirement accounts.