Farmers & Merchants Bancorp (OTCMKTS:FMCB) Shares Gap Up – Still a Buy?

Farmers & Merchants Bancorp (OTCMKTS:FMCB)’s stock price gapped up prior to trading on Friday . The stock had previously closed at $1,311.00, but opened at $1,377.3860. Farmers & Merchants Bancorp shares last traded at $1,401.98, with a volume of 2 shares trading hands.

Farmers & Merchants Bancorp Trading Up 6.9%

The stock has a market cap of $970.17 million, a P/E ratio of 10.27 and a beta of 0.45. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.02. The business’s 50 day simple moving average is $1,253.29 and its two-hundred day simple moving average is $1,170.25.

Farmers & Merchants Bancorp (OTCMKTS:FMCB) last released its quarterly earnings data on Monday, April 20th. The bank reported $999.00 earnings per share for the quarter. The company had revenue of $62.06 million for the quarter. Farmers & Merchants Bancorp had a return on equity of 14.76% and a net margin of 30.75%.

About Farmers & Merchants Bancorp

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.