Farmers & Merchants Bancorp (OTCMKTS:FMCB) Shares Gap Down – Here’s What Happened

Farmers & Merchants Bancorp (OTCMKTS:FMCB) gapped down prior to trading on Friday . The stock had previously closed at $1,505.00, but opened at $1,432.5050. Farmers & Merchants Bancorp shares last traded at $1,432.5050, with a volume of 1 shares changing hands.

Farmers & Merchants Bancorp Price Performance

The stock has a market capitalization of $990.15 million, a price-to-earnings ratio of 10.25 and a beta of 0.45. The company has a fifty day simple moving average of $1,356.02 and a 200 day simple moving average of $1,269.67. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.76 and a current ratio of 0.76.

Farmers & Merchants Bancorp (OTCMKTS:FMCB) last released its quarterly earnings results on Monday, July 20th. The bank reported $36.39 EPS for the quarter. The firm had revenue of $62.39 million for the quarter. Farmers & Merchants Bancorp had a return on equity of 14.68% and a net margin of 31.10%.

Farmers & Merchants Bancorp Company Profile

Farmers & Merchants Bancorp, Inc is a bank holding company that operates through its wholly owned subsidiary, Farmers & Merchants Bank of Central California. Headquartered in Hanford, California, the company provides a broad range of commercial and consumer banking services tailored to individuals, businesses and agricultural enterprises in the San Joaquin Valley region.

The company’s core offerings include deposit products such as checking accounts, savings accounts, money market accounts and certificates of deposit.