Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) Trading 5.6% Higher - Still a Buy?

Key Points

• Farmers & Merchants Bank of Long Beach shares rose 5.6% to $7,495.00, despite a significant drop in trading volume by 78% from the average.
• The bank reported a quarterly earnings per share (EPS) of $147.32 with a net margin of 11.10% and a return on equity of 3.57%.
• A quarterly dividend of $28.00 was recently paid to shareholders, equating to an annualized dividend yield of 1.4% and a payout ratio of 28.26%.

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL - Get Free Report)'s share price traded up 5.6% on Tuesday . The company traded as high as $7,495.00 and last traded at $7,495.00. 24 shares traded hands during mid-day trading, a decline of 78% from the average session volume of 108 shares. The stock had previously closed at $7,100.00.

Farmers & Merchants Bank of Long Beach Trading Up 5.2%

The firm has a market cap of $946.56 million, a P/E ratio of 19.90 and a beta of 0.31. The business's 50-day moving average is $6,717.11 and its two-hundred day moving average is $6,028.25. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.77 and a quick ratio of 0.77.

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL - Get Free Report) last announced its quarterly earnings data on Tuesday, October 21st. The company reported $147.32 EPS for the quarter. Farmers & Merchants Bank of Long Beach had a net margin of 11.10% and a return on equity of 3.57%.

Farmers & Merchants Bank of Long Beach Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th were given a $28.00 dividend. This represents a $112.00 dividend on an annualized basis and a dividend yield of 1.4%. Farmers & Merchants Bank of Long Beach's dividend payout ratio (DPR) is presently 28.26%.

Farmers & Merchants Bank of Long Beach Company Profile

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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