Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) Releases Earnings Results

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) issued its quarterly earnings results on Thursday. The company reported $32.18 EPS for the quarter, Zacks reports. Farmers & Merchants Bank of Long Beach had a net margin of 11.52% and a return on equity of 3.95%.

Farmers & Merchants Bank of Long Beach Stock Performance

Shares of FMBL traded down $12.36 during mid-day trading on Thursday, hitting $5,612.64. The stock had a trading volume of 32 shares, compared to its average volume of 42. Farmers & Merchants Bank of Long Beach has a fifty-two week low of $4,172.00 and a fifty-two week high of $5,800.00. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 0.66. The company has a market cap of $673.52 million, a PE ratio of 13.13 and a beta of 0.43. The company’s fifty day simple moving average is $5,676.60 and its two-hundred day simple moving average is $5,373.71.

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.