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

• Market Cap: $1.03B
• Dividend Yield: 1.53%
• Average Volume (3M): 44.00
• Price to Earnings (P/E): 19.3
• Beta (1Y): 0.18
• Revenue Growth: -6.27%
• EPS Growth: -1.18%
• Country: US
• Employees: 815
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): 147.32
• Shares Outstanding: 124,276
• 10 Day Avg. Volume: 55
• 30 Day Avg. Volume: 44
• PEG Ratio: -0.45
• Price to Book (P/B): 0.52
• Price to Sales (P/S): 2.71
• P/FCF Ratio: 7.02
• Enterprise Value/Market Cap: 2.03
• Enterprise Value/Revenue: 5.31
• Enterprise Value/Gross Profit: 7.88
• Enterprise Value/Ebitda: 30.94
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 70 Outperform
• Price Target: $8,520.00 ▲(2.96% Upside)

Farmers and Merchants Bank of Long Beach demonstrates strong financial stability with a robust balance sheet and effective historical cash flow management. The technical indicators show a strong upward trend, but caution is advised due to overbought conditions. The valuation is fair, supported by a reasonable P/E ratio and a modest dividend yield. The absence of earnings call data and corporate events does not impact the score.

Positive Factors

Financial Stability

The absence of debt and strong equity ratios highlight the bank's financial stability, providing a solid foundation for long-term operations and resilience against economic fluctuations.

Community Engagement

Strong community ties and personalized services foster customer loyalty and stable revenue streams, enhancing the bank's competitive position in its local market.

Cash Flow Management

Effective cash flow management ensures liquidity and operational flexibility, supporting the bank's ability to invest in growth opportunities and withstand financial stress.

Negative Factors

Revenue Growth Challenges

Negative revenue growth indicates potential issues in market dynamics or product offerings, which could impact the bank's ability to expand and compete effectively over time.

Declining Profit Margins

Decreasing profit margins suggest challenges in cost management or pricing power, potentially affecting long-term profitability and financial health.

Cash Flow Data Uncertainty

Lack of current cash flow data introduces uncertainty about ongoing cash generation capabilities, which could hinder strategic planning and investment decisions.

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

FMBL generates revenue primarily through interest income from loans and mortgages, which constitutes a significant portion of its earnings. The bank extends various types of loans such as personal loans, auto loans, business loans, and home mortgages, charging interest on these products. Additionally, FMBL earns income from service fees associated with checking and savings accounts, as well as fees for other banking services including wire transfers and ATM transactions. Investment income from its portfolio of securities also contributes to its revenue. The bank may collaborate with local businesses and community organizations to enhance its service offerings and foster customer loyalty, further driving its financial performance.

Farmers and Merchants Bank of Long Beach Financial Statement Overview

Summary

Farmers and Merchants Bank of Long Beach has a strong balance sheet with no debt and robust equity ratios, indicating excellent financial stability. However, challenges in revenue growth and declining net profit margins slightly offset these strengths. The absence of current cash flow data introduces some uncertainty, though historically, cash flow management has been effective.

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	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	393.32M	263.37M	431.87M	358.80M	329.32M	306.77M
Gross Profit	265.04M	263.37M	283.12M	324.07M	317.09M	271.38M
EBITDA	67.46M	58.94M	91.13M	144.04M	153.50M	105.63M
Net Income	49.03M	44.88M	70.01M	109.00M	115.20M	79.80M
Balance Sheet
Total Assets	11.40B	11.69B	12.04B	12.05B	11.44B	9.87B
Cash, Cash Equivalents and Short-Term Investments	1.28B	1.05B	703.21M	176.84M	1.32B	1.17B
Total Debt	1.26B	500.00M	1.91B	1.49B	916.67M	1.06B
Total Liabilities	10.01B	10.32B	10.68B	10.74B	10.20B	8.73B
Stockholders Equity	1.39B	1.37B	1.35B	1.31B	1.24B	1.14B
Cash Flow
Free Cash Flow	0.00	101.61M	91.48M	179.71M	172.49M	137.38M
Operating Cash Flow	0.00	107.50M	108.39M	190.88M	193.71M	142.78M
Investing Cash Flow	0.00	670.86M	437.31M	-1.78B	-1.36B	-1.44B
Financing Cash Flow	0.00	-353.48M	-65.09M	434.96M	1.45B	2.19B

Farmers and Merchants Bank of Long Beach Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 8275.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FMBL, the sentiment is Positive. The current price of 8275 is above the 20-day moving average (MA) of 8088.36, above the 50-day MA of 7806.37, and above the 200-day MA of 6363.87, indicating a bullish trend. The MACD of 128.77 indicates Positive momentum. The RSI at 85.37 is Negative, neither overbought nor oversold. The STOCH value of 82.84 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive 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
IBCP	78 Outperform	$706.01M	10.49	14.51%	3.05%	4.29%	10.56%
CAC	78 Outperform	$777.58M	13.10	9.49%	3.66%	24.08%	9.83%
FCBC	76 Outperform	$633.33M	12.90	9.57%	9.26%	-0.40%	-1.43%
MCBS	74 Outperform	$806.34M	10.80	15.62%	3.43%	-0.23%	10.95%
FMBL	70 Outperform	$1.03B	19.31	3.81%	1.53%	-6.27%	-1.18%
EQBK	70 Neutral	$873.32M	37.83	2.90%	1.34%	6.45%	8.32%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%