Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL - Get Free Report) issued its earnings results on Tuesday. The company reported $112.71 earnings per share for the quarter, Zacks reports. Farmers & Merchants Bank of Long Beach had a return on equity of 3.55% and a net margin of 10.78%.
Farmers & Merchants Bank of Long Beach Stock Performance
OTCMKTS FMBL traded up $5.00 during trading hours on Tuesday, hitting $5,795.00. 50 shares of the stock were exchanged, compared to its average volume of 49. 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 company has a market cap of $695.40 million, a price-to-earnings ratio of 14.79 and a beta of 0.27. Farmers & Merchants Bank of Long Beach has a 12-month low of $5,008.00 and a 12-month high of $5,838.50. The stock has a 50-day moving average of $5,637.03 and a 200 day moving average of $5,648.62.
Farmers & Merchants Bank of Long Beach Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Friday, June 13th were paid a $28.00 dividend. This represents a $112.00 annualized dividend and a yield of 1.93%. Farmers & Merchants Bank of Long Beach's dividend payout ratio is currently 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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