Farmers & Merchants Bank of Long Beach

FMBL

US3082431046

Banks

Market Closed - OTC Markets Other stock markets 03:51:13 2024-04-26 pm EDT			5-day change	1st Jan Change
4,205 ^USD	-1.06%		-10.15%	-17.97%

Apr. 23	Tranche Update on Farmers & Merchants Bank of Long Beach's Equity Buyback Plan announced on January 25, 2024.	CI
Apr. 23	Farmers & Merchants Bank of Long Beach Reports Earnings Results for the First Quarter Ended March 31, 2024	CI

Farmers & Merchants Bank of Long Beach Reports Earnings Results for the Full Year Ended December 31, 2023

January 25, 2024 at 08:05 am EST

Farmers & Merchants Bank of Long Beach reported earnings results for the full year ended December 31, 2023. For the full year, the company reported net interest income was USD 263.07 million compared to USD 309.04 million a year ago. Net income was USD 70.01 million compared to USD 109 million a year ago.

Basic earnings per share from continuing operations was USD 568.23 compared to USD 876.17 a year ago. Diluted earnings per share from continuing operations was USD 553.79 compared to USD 855.56 a year ago.

Latest news about Farmers & Merchants Bank of Long Beach

Tranche Update on Farmers & Merchants Bank of Long Beach's Equity Buyback Plan announced on January 25, 2024.	Apr. 23	CI
Farmers & Merchants Bank of Long Beach Reports Earnings Results for the First Quarter Ended March 31, 2024	Apr. 22	CI
Farmers & Merchants Bank of Long Beach Approves Regular Quarterly Cash Dividend on the Bank?s Common Stock, Payable on March 29, 2024	Feb. 20	CI
Farmers & Merchants Bank of Long Beach Reports Earnings Results for the Full Year Ended December 31, 2023	Jan. 25	CI
Farmers & Merchants Bank of Long Beach Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	Jan. 25	CI
Farmers & Merchants Bank of Long Beach authorizes a Buyback Plan.	Jan. 24	CI
Farmers & Merchants Bank of Long Beach announces an Equity Buyback for $10 million worth of its shares.	Jan. 24	CI
Farmers & Merchants Bank of Long Beach Declares Regular Quarterly Cash Dividend, Payable on December 15, 2023	Nov. 20	CI
Farmers & Merchants Bank of Long Beach Declares Special Christmas Dividend, Payable on December 15, 2023	Nov. 20	CI
Farmers & Merchants Bank of Long Beach Announces CFO Changes	Nov. 10	CI
Farmers & Merchants Bank of Long Beach Announces CEO Changes	Nov. 10	CI
Farmers & Merchants Bank of Long Beach Announces Executive Changes	Nov. 10	CI
Farmers & Merchants Bank of Long Beach Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	23-10-18	CI
Tranche Update on Farmers & Merchants Bank of Long Beach's Equity Buyback Plan announced on January 24, 2022.	23-10-17	CI
Tranche Update on Farmers & Merchants Bank of Long Beach's Equity Buyback Plan announced on January 24, 2022.	23-10-17	CI
Tranche Update on Farmers & Merchants Bank of Long Beach's Equity Buyback Plan announced on January 24, 2022.	23-10-17	CI
Farmers & Merchants Bank of Long Beach's Equity Buyback announced on January 24, 2022, has closed with 2,802 shares, for $22.53 million.	23-09-29	CI
Farmers & Merchants Bank of Long Beach Approves Regular Quarterly Cash Dividend on the Common Stock, Payable on September 29, 2023	23-08-21	CI
Farmers & Merchants Bank of Long Beach Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	23-07-19	CI
Farmers & Merchants Bank of Long Beach Approves the Bank’s Regular Quarterly Cash Dividend on the Bank’s Common Stock, Payable on June 30, 2023	23-05-22	CI
Farmers & Merchants Bank of Long Beach Reports Earnings Results for the First Quarter Ended March 31, 2023	23-04-20	CI
Farmers & Merchants Bank of Long Beach Approves the Bank’s Regular Quarterly Cash Dividend on the Bank’s Common Stock, Payable on March 31, 2023	23-02-21	CI
Farmers & Merchants Bank of Long Beach Reports Earnings Results for the Full Year Ended December 31, 2022	23-01-23	CI
Farmers & Merchants Bank of Long Beach Reports Earnings Results for the Fourth Quarter Ended December 31, 2022	23-01-23	CI
Tranche Update on Farmers & Merchants Bank of Long Beach's Equity Buyback Plan announced on January 24, 2022.	23-01-22	CI

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Company Profile

Farmers & Merchants Bank of Long Beach (the Bank) is a California state- chartered bank that offers a broad range of banking products and services to individuals, professionals and small to medium-sized businesses. It operates 26 branches in Californiaâs Los Angeles County, Orange County and Santa Barbara County, as well as through online and mobile banking platforms. The Bank as commercial bank, offers a range of banking products and services, including accepting demand, money market, savings, and time deposits; originating loans, including commercial real estate loans, construction loans, and commercial business loans; and providing other business-oriented banking products and services. It provides financing for residential loans, including single-family and multifamily loans. The Bank's loan portfolio consists of commercial and industrial, construction, commercial real estate, residential mortgage, equity lines, installment, and other loans. It also provides treasury management.

Sector

Banks

Calendar

2024-07-15 - Q2 2024 Earnings Release (Projected)

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