Farmers & Merchants Bank of Long Beach Reports 2024 First Quarter Results
FRMRS&MER BK LONG BCH CAL (FMBL)
NASDAQ:AMEX Investor Relations:
farmers.com
Company Research
Source: Business Wire
LONG BEACH, Calif.--(BUSINESS WIRE)--Farmers & Merchants Bank of Long Beach (“F&M” or the “Bank”) (OTCQX: FMBL) today reported financial results for the first quarter ended March 31, 2024.“F&M’s performance for the first three months of 2024 met internal expectations during this transitional year and again demonstrated the Bank’s resiliency to the continued external challenges facing regional banks throughout the nation,” said W. Henry Walker, Chief Executive Officer. “With stringent adherence to our historically conservative lending policies and prudent financial controls to safeguard our clients’ deposits, we achieved profitable operations for the first quarter, along with capital ratios that far exceeded regulatory requirements.“The repricing of assets for the year is centered in loans and securities and is expected to exceed $1.2 billion in 2024. The high quality of our loan portfolio is reflected in our delinquency rate, which was significantly less than one-tenth of one perc
Show less
Read more
Impact Snapshot
Event Time:
FMBL
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
FMBL alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
FMBL alerts
High impacting FRMRS&MER BK LONG BCH CAL news events
Weekly update
A roundup of the hottest topics