Farmers And Merchants Bank of Long Beach (OTCMKTS:FMBL) issued its quarterly earnings results on Monday. The company reported $170.91 earnings per share for the quarter, MarketWatch Earnings reports. Farmers And Merchants Bank of Long Beach had a net margin of 29.79% and a return on equity of 27.79%. The company had revenue of $65.47 million for the quarter.
OTCMKTS:FMBL remained flat at $$8,150.00 during midday trading on Tuesday. 1 shares of the company traded hands, compared to its average volume of 66. Farmers And Merchants Bank of Long Beach has a one year low of $7,500.00 and a one year high of $9,200.00. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 0.03. The firm has a market cap of $1.04 billion, a P/E ratio of 12.23 and a beta of 0.39.
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Farmers & Merchants Bank of Long Beach provides various banking products and services to individuals, professionals, and small to medium-sized businesses in California. The company's products and services include demand and time deposits; commercial real estate, construction, and commercial business loans; and financing for residential loans comprising single-family and multifamily loans.
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