Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL - Get Free Report) released its quarterly earnings results on Tuesday. The company reported $112.71 earnings per share (EPS) for the quarter, Zacks reports. Farmers & Merchants Bank of Long Beach had a net margin of 10.78% and a return on equity of 3.55%. The firm had revenue of $71.40 million during the quarter.
Farmers & Merchants Bank of Long Beach Stock Performance
Farmers & Merchants Bank of Long Beach stock traded up $5.00 during trading on Wednesday, hitting $5,800.00. The stock had a trading volume of 13 shares, compared to its average volume of 108. The company has a quick ratio of 0.77, a current ratio of 0.77 and a debt-to-equity ratio of 0.29. The stock's 50 day moving average is $5,637.03 and its two-hundred day moving average is $5,648.62. Farmers & Merchants Bank of Long Beach has a 1 year low of $5,008.00 and a 1 year high of $5,838.50. The stock has a market cap of $696 million, a price-to-earnings ratio of 14.82 and a beta of 0.27.
Farmers & Merchants Bank of Long Beach Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Friday, June 13th were issued a $28.00 dividend. This represents a $112.00 dividend on an annualized basis and a dividend yield of 1.93%. Farmers & Merchants Bank of Long Beach's dividend payout ratio (DPR) is currently 28.61%.
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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