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

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

Farmers & Merchants Bancorp Price Performance

Shares of FMCB stock opened at $1,015.00 on Friday. Farmers & Merchants Bancorp has a twelve month low of $930.12 and a twelve month high of $1,100.00. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.02. The business has a fifty day simple moving average of $1,045.97 and a 200 day simple moving average of $992.59. The company has a market cap of $710.50 million, a P/E ratio of 8.57 and a beta of 0.22.

Farmers & Merchants Bancorp Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, January 2nd. Stockholders of record on Wednesday, December 4th were issued a dividend of $9.30 per share. The ex-dividend date was Wednesday, December 4th. This is a boost from Farmers & Merchants Bancorp’s previous dividend of $8.80. Farmers & Merchants Bancorp’s payout ratio 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.