Farmers & Merchants Bancorp (OTCMKTS:FMCB) Stock Price Passes Above 50-Day Moving Average - Should You Sell?

Key Points

• Farmers & Merchants Bancorp shares recently crossed above their 50-day moving average, indicating potential upward momentum in the stock's performance.
• The company announced a quarterly dividend of $5.00 per share, translating to an annual yield of 1.9%, with a low dividend payout ratio of 14.66%.
• Farmers & Merchants Bancorp reported earnings of $32.94 EPS for the last quarter, along with a return on equity of 15.03% and a net margin of 30.61%.

Farmers & Merchants Bancorp (OTCMKTS:FMCB - Get Free Report) passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $1,023.06 and traded as high as $1,059.50. Farmers & Merchants Bancorp shares last traded at $1,040.00, with a volume of 56 shares changing hands.

Farmers & Merchants Bancorp Price Performance

The stock has a market capitalization of $756 million, a price-to-earnings ratio of 8.28 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. The company has a fifty day simple moving average of $1,026.54 and a two-hundred day simple moving average of $1,009.95.

Farmers & Merchants Bancorp (OTCMKTS:FMCB - Get Free Report) last posted 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 15.03% and a net margin of 30.61%.The company had revenue of $59.39 million during the quarter.

Farmers & Merchants Bancorp Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 1st. Investors of record on Thursday, September 11th will be given a dividend of $5.00 per share. This represents a $20.00 dividend on an annualized basis and a yield of 1.9%. Farmers & Merchants Bancorp's dividend payout ratio is currently 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.