Farmers & Merchants Bank of Long Beach (FMBL)
Farmers & Merchants Bank of Long Beach operates in the Banks - Regional industry of the Financial Services sector, headquartered in Long Beach, CA, US. The stock last traded at $9869.99, up 0.02% on the session, giving a market capitalisation of $1.19B. On trailing twelve-month figures it carries a trailing P/E of 12.61, a net margin of 19.8%. Its beta of 0.23 implies it has historically moved less than the broad market.
Farmers & Merchants Bank of Long Beach operates as a financial institution, delivering a comprehensive suite of banking solutions to a diverse clientele, including individuals, professionals, and small to mid-sized businesses. Its core deposit products encompass various account types, such as checking, savings (including specialized Christmas club and health savings accounts), money market, and investment accounts. The bank also manages demand and time deposits, offers certificates of deposit (CDs), and facilitates retirement planning. Furthermore, the bank extends a variety of lending solutions. These include personal loans, home mortgages, Small Business Administration (SBA) loans, commercial real estate and construction financing, and general commercial business loans. Customers can also access lines of credit and specialized residential financing for single-family and multi-family dwellings. Complementing these are a range of payment instruments, such as credit, debit, and gift cards. Beyond core banking, Farmers & Merchants Bank provides a suite of advanced financial services. These include comprehensive account management, efficient receivables and payables processing, and robust risk management solutions. Specialized offerings span merchant services, electronic lockbox facilities, mobile and remote deposit capture, digital wallet integration, direct deposit services, and escrow management. The bank also caters to specific sectors with faith-based and healthcare banking. Modern conveniences like online and mobile banking platforms are also integral to their service portfolio. As of December 31, 2021, its operational footprint included 25 branch locations strategically situated across Los Angeles, Orange, and Santa Barbara Counties. Tracing its origins back to its incorporation in 1907, Farmers & Merchants Bank of Long Beach maintains its corporate headquarters in Long Beach, California.
Farmers & Merchants Bank of Long Beach is most often compared with the following Financial Services names: