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

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) issued its quarterly earnings data on Thursday. The company reported $32.18 earnings per share 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 Price Performance

Shares of OTCMKTS:FMBL opened at $5,624.97 on Friday. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.78 and a current ratio of 0.78. The business’s fifty day moving average price is $5,678.80 and its two-hundred day moving average price is $5,379.52. The stock has a market cap of $675.00 million, a PE ratio of 13.13 and a beta of 0.43. Farmers & Merchants Bank of Long Beach has a one year low of $4,172.00 and a one year high of $5,800.00.

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.