Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) Announces Quarterly Dividend of $28.00

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) announced a quarterly dividend on Monday, August 19th, NASDAQ reports. Shareholders of record on Friday, September 13th will be given a dividend of 28.00 per share on Monday, September 30th. This represents a $112.00 annualized dividend and a yield of 2.22%. The ex-dividend date of this dividend is Friday, September 13th.

Farmers & Merchants Bank of Long Beach Stock Up 0.2 %

FMBL stock traded up $10.00 during trading on Wednesday, hitting $5,035.00. 1 shares of the stock traded hands, compared to its average volume of 118. The stock has a market cap of $609.24 million, a price-to-earnings ratio of 10.37 and a beta of 0.41. Farmers & Merchants Bank of Long Beach has a 1 year low of $4,172.00 and a 1 year high of $5,400.00. The company has a debt-to-equity ratio of 0.88, a current ratio of 0.80 and a quick ratio of 0.80. The firm’s 50 day moving average is $5,037.35 and its two-hundred day moving average is $4,802.63.

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) last released its quarterly earnings data on Thursday, July 18th. The company reported $107.86 EPS for the quarter. Farmers & Merchants Bank of Long Beach had a return on equity of 4.21% and a net margin of 12.34%. The company had revenue of $67.66 million for the quarter.

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.