Farmers & Merchants Bancorp (OTCMKTS:FMCB) Shares Pass 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) shares passed above its 50 day moving average during trading on Tuesday . The stock has a 50 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 Stock Down 0.6%

The company has a market capitalization of $748.80 million, a P/E ratio of 8.20 and a beta of 0.24. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 0.02. The stock has a 50 day moving average price of $1,023.06 and a 200 day moving average price of $1,009.77.

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

Farmers & Merchants Bancorp Announces Dividend

The business also recently announced 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 annualized dividend and a yield of 1.9%. Farmers & Merchants Bancorp's dividend payout ratio is currently 14.66%.

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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