Farmers & Merchants Bancorp (OTCMKTS:FMCB) Hits New 52-Week High - Here's Why

Key Points

• Farmers & Merchants Bancorp (OTCMKTS:FMCB) hit a new 52-week high, trading as high as $1,275 and last at $1,270 (up ~0.8%) on light volume (~90 shares).
• The bank shows a market capitalization of $876.3M, a P/E of 9.3, low volatility with a beta of 0.23, and 50-/200-day moving averages of $1,168.19 and $1,113.57 respectively.
• Recent quarterly results included an outsized reported EPS of $999.00, revenue of $62.06M, a return on equity of 14.88% and a net margin of 30.75%.

Farmers & Merchants Bancorp (OTCMKTS:FMCB - Get Free Report) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $1,275.00 and last traded at $1,270.00, with a volume of 90 shares. The stock had previously closed at $1,260.00.

Farmers & Merchants Bancorp Trading Up 0.8%

The business has a 50 day moving average of $1,168.19 and a 200-day moving average of $1,113.57. The company has a current ratio of 0.74, a quick ratio of 0.74 and a debt-to-equity ratio of 0.02. The firm has a market capitalization of $876.30 million, a P/E ratio of 9.30 and a beta of 0.23.

Farmers & Merchants Bancorp (OTCMKTS:FMCB - Get Free Report) last posted its earnings results on Monday, April 20th. The bank reported $999.00 earnings per share (EPS) for the quarter. Farmers & Merchants Bancorp had a return on equity of 14.88% and a net margin of 30.75%.The business had revenue of $62.06 million during the quarter.

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.

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