Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL - Get Free Report) released its earnings results on Tuesday. The company reported $136.27 earnings per share for the quarter, Zacks reports. Farmers & Merchants Bank of Long Beach had a net margin of 9.77% and a return on equity of 3.29%. The firm had revenue of $68.42 million for the quarter.
Farmers & Merchants Bank of Long Beach Stock Down 0.2 %
Shares of FMBL traded down $10.00 during mid-day trading on Friday, reaching $5,710.00. The company had a trading volume of 40 shares, compared to its average volume of 107. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.78 and a current ratio of 0.78. The company has a market capitalization of $696.62 million, a price-to-earnings ratio of 15.95 and a beta of 0.26. The firm has a 50-day moving average price of $5,664.26 and a 200 day moving average price of $5,631.19. Farmers & Merchants Bank of Long Beach has a 52 week low of $4,172.00 and a 52 week high of $5,800.00.
Farmers & Merchants Bank of Long Beach Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, March 14th were paid a dividend of $28.00 per share. This represents a $112.00 dividend on an annualized basis and a dividend yield of 1.96%. The ex-dividend date was Friday, March 14th. Farmers & Merchants Bank of Long Beach's dividend payout ratio is 31.29%.
Farmers & Merchants Bank of Long Beach Company Profile
(
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Farmers & Merchants Bank of Long Beach provides various banking products and services to individuals, professionals, and small to medium-sized businesses in Los Angeles, Orange, and Santa Barbara Counties. It offers checking, savings, Christmas club savings, health savings, market rate savings, and money market accounts; demand and time deposits; certificates of deposit; and individual retirement account.
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