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

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) posted its quarterly earnings results on Thursday. The company reported $32.18 EPS for the quarter, Zacks reports. Farmers & Merchants Bank of Long Beach had a return on equity of 3.95% and a net margin of 11.52%.

Farmers & Merchants Bank of Long Beach Trading Down 0.5 %

Farmers & Merchants Bank of Long Beach stock opened at $5,585.00 on Friday. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.78 and a quick ratio of 0.78. The firm’s 50 day moving average price is $5,676.60 and its 200-day moving average price is $5,373.71. Farmers & Merchants Bank of Long Beach has a 1 year low of $4,172.00 and a 1 year high of $5,800.00. The stock has a market cap of $670.20 million, a P/E ratio of 13.07 and a beta of 0.43.

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.