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

Shares of Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) hit a new 52-week high during trading on Wednesday . The stock traded as high as $9,960.2096 and last traded at $9,960.2096, with a volume of 3 shares. The stock had previously closed at $9,880.00.

Farmers & Merchants Bank of Long Beach Stock Performance

The firm has a market cap of $1.19 billion, a price-to-earnings ratio of 14.14 and a beta of 0.23. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 0.21. The stock’s 50 day moving average is $9,574.53 and its 200 day moving average is $8,845.53.

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) last issued its quarterly earnings data on Tuesday, July 14th. The company reported $256.32 earnings per share (EPS) for the quarter. Farmers & Merchants Bank of Long Beach had a net margin of 19.76% and a return on equity of 6.73%. The firm had revenue of $98.99 million during the quarter.

About Farmers & Merchants Bank of Long Beach

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.