Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL - Get Free Report)'s stock price traded down 2% on Monday . The stock traded as low as $6,801.00 and last traded at $6,850.00. 149 shares changed hands during mid-day trading, an increase of 79% from the average session volume of 83 shares. The stock had previously closed at $6,989.00.
Farmers & Merchants Bank of Long Beach Stock Performance
The stock has a market capitalization of $864 million, a P/E ratio of 18.17 and a beta of 0.28. The company's 50-day moving average is $6,143.51 and its two-hundred day moving average is $5,821.33. The company has a current ratio of 0.77, a quick ratio of 0.77 and a debt-to-equity ratio of 0.29.
Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL - Get Free Report) last issued its quarterly earnings data on Tuesday, July 22nd. The company reported $112.71 earnings per share for the quarter. The firm had revenue of $71.40 million 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 Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th will be paid a $28.00 dividend. This represents a $112.00 annualized dividend and a dividend yield of 1.6%. Farmers & Merchants Bank of Long Beach's dividend payout ratio is currently 28.26%.
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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