Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) Reaches New 1-Year High – Still a Buy?

Shares of Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) hit a new 52-week high on Wednesday . The stock traded as high as $5,800.00 and last traded at $5,750.00, with a volume of 51 shares. The stock had previously closed at $5,750.01.

Farmers & Merchants Bank of Long Beach Price Performance

The stock has a market capitalization of $707.25 million, a P/E ratio of 13.46 and a beta of 0.43. The company has a 50 day moving average of $5,601.34 and a 200-day moving average of $5,204.81. 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 released its quarterly earnings data on Thursday, October 17th. The company reported $115.17 earnings per share for the quarter. Farmers & Merchants Bank of Long Beach had a net margin of 11.52% and a return on equity of 3.95%. The firm had revenue of $64.89 million for the quarter.

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.