Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL - Get Free Report) announced its earnings results on Tuesday. The company reported $112.71 earnings per share (EPS) for the quarter, Zacks reports. The firm had revenue of $71.40 million during the quarter. Farmers & Merchants Bank of Long Beach had a return on equity of 3.57% and a net margin of 11.10%.
Farmers & Merchants Bank of Long Beach Price Performance
OTCMKTS:FMBL traded up $5.00 during trading hours on Friday, reaching $5,800.00. The company had a trading volume of 26 shares, compared to its average volume of 49. The stock has a 50-day moving average of $5,638.43 and a two-hundred day moving average of $5,651.29. Farmers & Merchants Bank of Long Beach has a one year low of $5,008.00 and a one year high of $5,838.50. The firm has a market capitalization of $696 million, a PE ratio of 14.63 and a beta of 0.27. The company has a quick ratio of 0.77, a current ratio of 0.77 and a debt-to-equity ratio of 0.29.
Farmers & Merchants Bank of Long Beach Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Friday, June 13th were paid 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 payout ratio is 28.61%.
About Farmers & Merchants Bank of Long Beach
(
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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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