Farmers & Merchants Bank of Long Beach (FMBL) news stock charts
Farmers & Merchants Bank of Long Beach (FMBL/FMBL.OB) Investment Summary:
Farmers & Merchants Bank of Long Beach provides personal and business banking services in California. The company offers business banking products and services, such as business checking accounts, savings accounts, money market accounts, certificate of deposit, merchant card services, payroll solutions, small business loans, commercial loans, church and non-profit loans, real estate and construction loans, and escrow services. Its also provides personal banking services, including personal checking accounts, savings accounts, certificate of deposit, money market accounts, health savings accounts, equity line, mortgage, personal loans, and escrow services. As of November 19, 2008, the company...FARMERS & MERCHANTS BANK/CA (FMBL:OTC Bulletin Board Market)
Snapshot of FARMERS & MERCHANTS BANK/CA (FMBL)
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OPEN
$4,000
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PREVIOUS CLOSE
$4,000
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DAY HIGH
$4,000
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DAY LOW
$4,000
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52 WEEK HIGH
02/22/10 - $4,000
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52 WEEK LOW
03/17/09 - $3,278
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MARKET CAP
523.7M
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AVERAGE VOLUME 10 D
14.9
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EPS TTM
$310.82
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SHARES OUTSTANDING
130.9K
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EX-DATE
03/11/10
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P/E TTM
12.9x
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DIVIDEND
$84.00
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DIVIDEND YIELD
2.73%
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| K = Thousands M = Millions B = Billions | ||
Key developments for FARMERS & MERCHANTS BANK/CA (FMBL)
Farmers & Merchants Bank of Long Beach announced that its board of directors has declared a regular quarterly cash dividend of $21 per share on the Bank's common stock. The dividend is payable on March 31, 2010 to shareholders of record as of March 15, 2010.
Farmers & Merchants Bank of Long Beach reported unaudited earnings results for the fourth quarter and full year ended December 31 2009. For the 2009 fourth quarter, interest income was $46.9 million, compared with $46.8 million in the fourth quarter of 2008. Net interest income for the 2009 fourth quarter rose 9.6% to $43.1 million from $39.3 million in the same quarter of 2008. Net income for the quarter totaled $10.1 million, or $77.31 per diluted share, compared with net income of $2.9 million, or $22.38 per diluted share, in the 2008 fourth quarter. Income before income tax expense was $14.4 million against $4.04 million reported last year. Interest income for the year ended December 31, 2009 was $189.6 million, compared with $182.3 million reported for the same period in 2008. Net interest income for the year 2009 increased 16.6% to $171.2 million from $146.8 million in 2008. Net income for 2009 was $40.7 million, or $310.82 per diluted share, compared with $29.7 million, or $218.97 per diluted share, for 2008. Income before income tax expense was $66.0 million against $46.6 million reported last year.
Farmers & Merchants Bank of Long Beach announced that its board of directors has declared a regular quarterly cash dividend of $21 per share and a special cash dividend of $25 per share on the bank's common stock. Both dividends are payable on December 15, 2009 to shareholders of record as of December 1, 2009.
Farmers & Merchants Bank of Long Beach financial resources
FMBL Competitors
| Company | Last | Change | |
| No competitor information is available for FMBL. | |||
| Market data is delayed at least 15 minutes. | |||
Industry Analysis
| Valuation | FMBL | Industry Range |
| Price/Earnings | 12.9x |
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| Price/Sales | 3.6x |
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| Price/Book | 0.9x |
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| Price/Cash Flow | 12.9x |
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| TEV/Sales | NM | Not Meaningful |
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FMBL |
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FMBL transactions
| Type Date |
Target | |
| No transactions in the last 6 months. | ||
More Recent Financial News About Farmers & Merchants Bank of Long Beach
Farmers & Merchants Bank of Long Beach Reports 2009 Fourth-Quarter and Full-Year Results
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Farmers & Merchants Bank of Long Beach Reports 2009 Fourth-Quarter and Full-Year Results
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Farmers & Merchants Bank of Long Beach Reports 2009 Third-Quarter Results
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