Farmers & Merchants Bancorp (OTCMKTS:FMCB) Sets New 12-Month High – Still a Buy?

Farmers & Merchants Bancorp (OTCMKTS:FMCB) shares reached a new 52-week high on Tuesday . The company traded as high as $1,134.9799 and last traded at $1,090.00, with a volume of 173 shares changing hands. The stock had previously closed at $1,090.00.

Farmers & Merchants Bancorp Price Performance

The firm has a fifty day simple moving average of $1,031.00 and a 200-day simple moving average of $1,021.92. The firm has a market cap of $784.80 million, a price-to-earnings ratio of 8.33 and a beta of 0.21. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.75 and a current ratio of 0.75.

Farmers & Merchants Bancorp (OTCMKTS:FMCB) last released its quarterly earnings data on Thursday, October 16th. The bank reported $33.92 EPS for the quarter. The firm had revenue of $62.28 million for the quarter. Farmers & Merchants Bancorp had a net margin of 30.89% and a return on equity of 15.03%.

Farmers & Merchants Bancorp Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, October 20th. Investors of record on Friday, October 10th were paid a $0.2275 dividend. This represents a $0.91 dividend on an annualized basis and a yield of 0.1%. Farmers & Merchants Bancorp’s dividend payout ratio (DPR) is currently 15.44%.

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.