Farmers & Merchants Bancorp (OTCMKTS:FMCB) Stock Passes Above Fifty Day Moving Average – Here’s Why

Farmers & Merchants Bancorp (OTCMKTS:FMCB)’s stock price passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $997.04 and traded as high as $1,000.00. Farmers & Merchants Bancorp shares last traded at $993.05, with a volume of 25 shares changing hands.

Farmers & Merchants Bancorp Stock Performance

The company has a debt-to-equity ratio of 0.02, a current ratio of 0.82 and a quick ratio of 0.82. The stock has a 50-day moving average price of $997.04 and a 200-day moving average price of $1,019.82. The company has a market capitalization of $692.16 million, a price-to-earnings ratio of 8.21 and a beta of 0.25.

Farmers & Merchants Bancorp (OTCMKTS:FMCB) last posted its quarterly earnings results on Wednesday, April 16th. The bank reported $32.86 earnings per share for the quarter. Farmers & Merchants Bancorp had a return on equity of 15.22% and a net margin of 30.22%. The business had revenue of $58.16 million for the quarter.

Farmers & Merchants Bancorp Dividend Announcement

The company also recently declared a dividend, which will be paid on Tuesday, July 1st. Investors of record on Wednesday, June 11th will be paid a $9.30 dividend. The ex-dividend date is Tuesday, June 10th. This represents a yield of 1.87%. Farmers & Merchants Bancorp’s dividend payout ratio (DPR) is presently 15.08%.

About Farmers & Merchants Bancorp

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.