Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) Shares Down 0.4% - Time to Sell?

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL - Get Free Report) dropped 0.4% on Monday . The company traded as low as $5,550.00 and last traded at $5,575.00. Approximately 34 shares traded hands during trading, a decline of 69% from the average daily volume of 108 shares. The stock had previously closed at $5,595.00.

Farmers & Merchants Bank of Long Beach Stock Down 0.4%

The company has a market capitalization of $680.15 million, a price-to-earnings ratio of 15.58 and a beta of 0.27. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.78 and a quick ratio of 0.78. The firm's fifty day moving average price is $5,638.97 and its 200-day moving average price is $5,671.11.

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL - Get Free Report) last announced its quarterly earnings results on Tuesday, April 22nd. The company reported $136.27 earnings per share (EPS) for the quarter. 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 during the quarter.

Farmers & Merchants Bank of Long Beach Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, June 13th will be issued a $28.00 dividend. This represents a $112.00 annualized dividend and a yield of 2.01%. Farmers & Merchants Bank of Long Beach's payout ratio is 28.61%.

About Farmers & Merchants Bank of Long Beach

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.