Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) Issues Quarterly Earnings Results

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) announced its quarterly earnings data on Tuesday. The company reported $283.54 EPS for the quarter, Zacks reports. Farmers & Merchants Bank of Long Beach had a return on equity of 6.73% and a net margin of 19.76%.

Farmers & Merchants Bank of Long Beach Trading Up 0.0%

OTCMKTS:FMBL traded up $0.01 on Tuesday, hitting $9,699.00. 19 shares of the stock were exchanged, compared to its average volume of 107. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.72 and a current ratio of 0.72. Farmers & Merchants Bank of Long Beach has a 52 week low of $7,311.00 and a 52 week high of $9,994.98. The stock has a market capitalization of $1.16 billion, a price-to-earnings ratio of 13.80 and a beta of 0.24. The company’s 50-day moving average price is $9,828.79 and its 200 day moving average price is $9,173.03.

About Farmers & Merchants Bank of Long Beach

Farmers & Merchants Bank of Long Beach is a community bank headquartered in Long Beach, California. Founded in 1907, the bank provides banking services to individuals, families, businesses and nonprofit organizations in Southern California. It operates through a network of branches and emphasizes relationship-based, local banking.

The bank offers deposit products such as checking and savings accounts, money market accounts and certificates of deposit. Its lending activities include commercial real estate, construction, business, residential and consumer loans.