Farmers and Merchants Bank of Long Beach (FMBL) AI Stock Analysis

• Market Cap: $687.25M
• Dividend Yield: 2.02%
• Average Volume (3M): 31.00
• Price to Earnings (P/E): 14.1
• Beta (1Y): 0.20
• Revenue Growth: 0.82%
• EPS Growth: -20.37%
• Country: US
• Employees: 815
• Sector: Financial
• Sector Strength: 78
• Industry: Banks - Regional
• EPS (TTM): 391.48
• Shares Outstanding: 124,276
• 10 Day Avg. Volume: 26
• 30 Day Avg. Volume: 31
• PEG Ratio: -2.08
• Price to Book (P/B): 0.71
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 5.17
• Enterprise Value/Market Cap: 2.16
• Enterprise Value/Revenue: 0.95
• Enterprise Value/Gross Profit: 3.60
• Enterprise Value/Ebitda: 414.34
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 68 Neutral
• Price Target: ―

Farmers and Merchants Bank of Long Beach presents a mixed outlook. The strong balance sheet and operational efficiency are key strengths, while declining net profit margins and revenue growth pose challenges. Technical indicators suggest caution, and the valuation is fair, offering moderate income potential. Continued focus on improving revenue generation and maintaining profitability will be crucial for future performance.

Farmers and Merchants Bank of Long Beach Business Overview & Revenue Model

Company Description

Farmers & Merchants Bank of Long Beach provides various banking products and services to individuals, professionals, and small to medium-sized businesses. It offers checking, savings, Christmas club savings, health savings, money market, and investment accounts; demand and time deposits; certificates of deposit; and retirement plans. The company also provides personal, home, small business administration, commercial real estate, real estate and construction, and commercial business loans, as well as lines of credit; financing for residential loans comprising single-family and multifamily loans; and credit, debit, and gift cards. In addition, it offers account management, receivables and payables, and risk management services; and merchant, electronic lockbox, mobile and remote deposit capture, digital wallet, direct deposit, escrow, faith-based and healthcare banking, and other services, as well as online and mobile banking services. As of December 31, 2021, the company operated 25 branches in Los Angeles, Orange, and Santa Barbara Counties. Farmers & Merchants Bank of Long Beach was incorporated in 1907 and is headquartered in Long Beach, California.

How the Company Makes Money

Farmers and Merchants Bank of Long Beach generates revenue primarily through interest income from loans and mortgages, which is a significant portion of their earnings. The bank also earns money from fees associated with its various banking services, including checking and savings account maintenance fees, overdraft charges, and transaction fees. Additionally, FMBL benefits from investment income through wealth management and advisory services, providing a diversified revenue stream. The bank maintains strong community ties and partnerships with local businesses, which further bolster its reputation and financial stability.

Farmers and Merchants Bank of Long Beach Financial Statement Overview

Summary

Farmers and Merchants Bank of Long Beach showcases strong financial stability with a robust balance sheet and operational efficiency. The absence of debt and a solid equity ratio are positive indicators, although declining net profit margins and revenue growth signal underlying challenges. The lack of current cash flow data introduces some uncertainty, but historically, the company has managed cash flow effectively.

Income Statement

The company's gross profit margin has remained consistently strong due to its cost-efficient operations. However, the net profit margin has declined over the past year from 2023 to 2024, indicating some challenges in maintaining profitability. Revenue growth has been negative recently, signaling potential issues in revenue generation or market dynamics. The EBIT margin has remained relatively stable, reflecting operational efficiency, although the lack of EBITDA data for 2024 limits a full assessment of operational cash flow capacity.

Balance Sheet

Farmers and Merchants Bank of Long Beach has a very strong balance sheet with no total debt reported as of 2024, which indicates excellent financial stability. The equity ratio is robust, suggesting a healthy capital structure. Furthermore, the return on equity, while slightly decreased from previous years, remains satisfactory. The firm’s ability to manage its liabilities effectively is evident, contributing to its high balance sheet score.

Cash Flow

The absence of operating and free cash flow data for 2024 limits the ability to evaluate cash flow performance fully. However, historical data shows a stable free cash flow generation, although there has been a decrease in free cash flow growth rate recently. The cash flow ratios indicate efficient cash earnings conversion, but the lack of current data creates uncertainty about the firm's ongoing cash generation capabilities.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	263.37M	279.42M	327.57M	317.09M	281.88M
Gross Profit	263.37M	283.12M	327.57M	317.09M	281.88M
EBITDA	58.94M	91.13M	144.04M	153.50M	105.63M
Net Income	44.88M	70.01M	109.00M	115.20M	79.80M
Balance Sheet
Total Assets	11.69B	12.04B	12.05B	11.44B	9.87B
Cash, Cash Equivalents and Short-Term Investments	1.05B	623.47M	176.84M	1.45B	1.17B
Total Debt	0.00	1.00B	700.00M	922.68M	1.07B
Total Liabilities	10.32B	10.68B	700.00M	10.20B	8.73B
Stockholders Equity	1.37B	1.35B	1.31B	1.24B	1.14B
Cash Flow
Free Cash Flow	0.00	91.48M	179.71M	172.49M	137.38M
Operating Cash Flow	107.50M	108.39M	190.88M	193.71M	142.78M
Investing Cash Flow	0.00	437.31M	-1.78B	-1.36B	-1.44B
Financing Cash Flow	0.00	-65.09M	434.96M	1.45B	2.19B

Farmers and Merchants Bank of Long Beach Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 5530.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FMBL, the sentiment is Negative. The current price of 5530 is below the 20-day moving average (MA) of 5540.46, below the 50-day MA of 5610.60, and below the 200-day MA of 5534.69, indicating a bearish trend. The MACD of -25.36 indicates Negative momentum. The RSI at 35.23 is Neutral, neither overbought nor oversold. The STOCH value of 21.17 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for FMBL.

Farmers and Merchants Bank of Long Beach Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
HBT	79 Outperform	$796.83M	10.61	14.24%	3.32%	6.98%	5.97%
MBWM	75 Outperform	$752.34M	9.65	13.55%	3.19%	12.26%	-6.93%
BFST	75 Outperform	$732.58M	10.13	9.77%	2.27%	18.39%	-4.12%
FCBC	73 Outperform	$724.40M	14.41	10.08%	3.13%	2.49%	4.48%
MCBS	70 Outperform	$721.40M	11.01	16.05%	3.24%	10.06%	30.39%
FMBL	68 Neutral	$687.25M	14.13	3.56%	2.02%	0.82%	-20.37%
Sector *	58 Neutral	$12.55B	5.32	-2.71%	5.27%	5.88%	-56.03%