Farmers & Merchants Bancorp (OTCMKTS:FMCB) Share Price Passes Below Fifty Day Moving Average - Here's Why

Key Points

• Farmers & Merchants Bancorp's stock price has dropped below its 50-day moving average of $1,036.98, trading recently at $1,015.00.
• The bank reported an EPS of $32.94 for the quarter with a return on equity of 15.03% and a net margin of 30.61%.
• The company has announced a quarterly dividend of $0.2275 per share, with an annualized yield of 0.1% and a dividend payout ratio of 15.76%.

Farmers & Merchants Bancorp (OTCMKTS:FMCB - Get Free Report)'s stock price passed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $1,036.98 and traded as low as $1,015.00. Farmers & Merchants Bancorp shares last traded at $1,015.00, with a volume of 16 shares trading hands.

Farmers & Merchants Bancorp Trading Down 0.5%

The business has a fifty day simple moving average of $1,036.98 and a 200 day simple moving average of $1,012.35. The stock has a market cap of $730.80 million, a price-to-earnings ratio of 8.00 and a beta of 0.24. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.80 and a current ratio of 0.80.

Farmers & Merchants Bancorp (OTCMKTS:FMCB - Get Free Report) last announced its earnings results on Thursday, July 17th. The bank reported $32.94 EPS for the quarter. Farmers & Merchants Bancorp had a return on equity of 15.03% and a net margin of 30.61%.The firm had revenue of $59.39 million for the quarter.

Farmers & Merchants Bancorp Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, October 20th. Stockholders of record on Friday, October 10th will be issued a dividend of $0.2275 per share. This represents a $0.91 annualized dividend and a dividend yield of 0.1%. Farmers & Merchants Bancorp's dividend payout ratio (DPR) is 15.76%.

Farmers & Merchants Bancorp Company Profile

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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