Farmers & Merchants Bancorp (OTCMKTS:FMCB) Releases Quarterly Earnings Results

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

Farmers & Merchants Bancorp Trading Down 0.8 %

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

Farmers & Merchants Bancorp Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, January 2nd. Investors of record on Wednesday, December 4th were paid 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 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.