Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) Hits New 52-Week High – Time to Buy?

Shares of Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) hit a new 52-week high during mid-day trading on Monday . The company traded as high as $9,250.00 and last traded at $9,250.00, with a volume of 36 shares trading hands. The stock had previously closed at $9,218.00.

Farmers & Merchants Bank of Long Beach Price Performance

The firm has a 50 day moving average price of $8,615.77 and a 200 day moving average price of $8,436.76. The stock has a market capitalization of $1.11 billion, a PE ratio of 16.54 and a beta of 0.24. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 0.21.

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

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.