Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) Sets New 12-Month High – Time to Buy?

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) shares hit a new 52-week high on Monday . The stock traded as high as $5,800.00 and last traded at $5,700.00, with a volume of 57 shares trading hands. The stock had previously closed at $5,750.00.

Farmers & Merchants Bank of Long Beach Price Performance

The stock has a 50 day moving average price of $5,636.20 and a two-hundred day moving average price of $5,515.41. The firm has a market cap of $701.50 million, a PE ratio of 16.07 and a beta of 0.43. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 0.66.

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) last issued its earnings results on Thursday, January 23rd. The company reported $32.18 EPS for the quarter. Farmers & Merchants Bank of Long Beach had a return on equity of 3.29% and a net margin of 9.77%.

Farmers & Merchants Bank of Long Beach Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be paid a $28.00 dividend. This represents a $112.00 dividend on an annualized basis and a yield of 1.95%. The ex-dividend date of this dividend is Friday, March 14th. Farmers & Merchants Bank of Long Beach’s dividend payout ratio (DPR) is 31.29%.

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.