Farmers & Merchants Bancorp (OTCMKTS:FMCB) Sees Large Volume Increase - Still a Buy?

Key Points

• Farmers & Merchants Bancorp (OTCMKTS:FMCB) experienced a significant trading volume increase of 299%, with approximately 1,367 shares traded, compared to only 343 shares the previous session.
• The company reported a quarterly earnings of $32.94 EPS and generated $59.39 million in revenue, showcasing a strong return on equity of 15.19%.
• Farmers & Merchants Bancorp announced a substantial dividend of $9.30, yielding 187.0%, with a low payout ratio of 14.66%.

Shares of Farmers & Merchants Bancorp (OTCMKTS:FMCB - Get Free Report) saw unusually-strong trading volume on Friday . Approximately 1,367 shares traded hands during trading, an increase of 299% from the previous session's volume of 343 shares.The stock last traded at $1,048.50 and had previously closed at $1,030.00.

Farmers & Merchants Bancorp Stock Down 0.3%

The business has a fifty day moving average of $1,003.03 and a 200-day moving average of $1,008.04. The stock has a market cap of $739.26 million, a PE ratio of 8.09 and a beta of 0.24. The company has a debt-to-equity ratio of 0.02, a current ratio of 0.82 and a quick ratio of 0.82.

Farmers & Merchants Bancorp (OTCMKTS:FMCB - Get Free Report) last released its quarterly earnings results on Thursday, July 17th. The bank reported $32.94 EPS for the quarter. Farmers & Merchants Bancorp had a return on equity of 15.19% and a net margin of 30.61%. The firm had revenue of $59.39 million during the quarter.

Farmers & Merchants Bancorp Dividend Announcement

The company also recently announced a dividend, which was paid on Tuesday, July 1st. Investors of record on Wednesday, June 11th were given a $9.30 dividend. This represents a dividend yield of 187.0%. The ex-dividend date of this dividend was Tuesday, June 10th. Farmers & Merchants Bancorp's dividend payout ratio is presently 14.66%.

About Farmers & Merchants Bancorp

Farmers & Merchants Bancorp operates as the bank holding company for Farmers & Merchants Bank of Central California that provides various banking services to businesses and individuals. The company accepts various deposit products, including checking, savings, money market, time certificates of deposit, and individual retirement accounts.

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