Farmers & Merchants Bank of Long Beach Reports 2023 Fourth-Quarter and Full-Year Results
FRMRS&MER BK LONG BCH CAL (FMBL)
NASDAQ:AMEX Investor Relations:
farmers.com
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Source: Business Wire
Board of Directors Authorizes New $10 Million Stock Repurchase Program LONG BEACH, Calif.--(BUSINESS WIRE)--Farmers & Merchants Bank of Long Beach (“F&M” or the “Bank”) (OTCQX: FMBL) today reported financial results for the fourth quarter and the full year ended December 31, 2023. F&M also announced that its Board of Directors has authorized a new $10 million stock repurchase program.“Now in our 117th year since F&M was founded, we ended 2023 with profitable operations for the full year and fourth quarter, along with a strong balance sheet and capital ratios that far exceed regulatory requirements,” said Henry Walker, Chief Executive Officer. “Despite the challenges that continue to impact the banking industry nationwide, we remain steadfastly focused on our foremost priority goal of safeguarding our clients’ deposits and operating the Bank to create long-term value for all stakeholders.“We enter 2024 with some of the same external pressures that our industry faced last year, inclu
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News
- Farmers & Merchants Bank of Long Beach Reports 2024 First Quarter ResultsBusiness Wire
- Farmers & Merchants Bank of Long Beach Declares First-Quarter Cash Dividend Payment of $28 Per Share [Yahoo! Finance]Yahoo! Finance
- Farmers & Merchants Bank of Long Beach Declares First-Quarter Cash Dividend Payment of $28 Per ShareBusiness Wire