Farmers & Merchants Bancorp (OTCMKTS:FMCB) Issues Earnings Results

Farmers & Merchants Bancorp (OTCMKTS:FMCB) announced its quarterly earnings results on Wednesday. The bank reported $31.11 EPS for the quarter, Zacks reports. Farmers & Merchants Bancorp had a net margin of 30.25% and a return on equity of 15.35%.

Farmers & Merchants Bancorp Price Performance

Shares of Farmers & Merchants Bancorp stock traded down $8.63 during midday trading on Wednesday, reaching $1,041.38. The company had a trading volume of 3 shares, compared to its average volume of 139. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.02. The company has a market capitalization of $728.96 million, a price-to-earnings ratio of 8.79 and a beta of 0.22. The stock has a fifty day simple moving average of $1,045.12 and a 200 day simple moving average of $992.25. Farmers & Merchants Bancorp has a 1-year low of $930.12 and a 1-year high of $1,100.00.

Farmers & Merchants Bancorp Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, January 2nd. Investors of record on Wednesday, December 4th were issued a $9.30 dividend. The ex-dividend date was Wednesday, December 4th. This is a positive change from Farmers & Merchants Bancorp’s previous dividend of $8.80. Farmers & Merchants Bancorp’s dividend payout ratio (DPR) is currently 15.70%.

Farmers & Merchants Bancorp Company Profile

Farmers & Merchants Bancorp operates as the bank holding company for Farmers & Merchants Bank of Central California that provides various banking services to businesses and individuals. The company accepts various deposit products, including checking, savings, money market, time certificates of deposit, and individual retirement accounts.