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Farmers & Merchants Bank of Long Beach (Farmers & Merchants Bank of Long Beach) Debt-to-Equity : 0.88 (As of Mar. 2024)


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What is Farmers & Merchants Bank of Long Beach Debt-to-Equity?

Farmers & Merchants Bank of Long Beach's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.0 Mil. Farmers & Merchants Bank of Long Beach's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $1,200.0 Mil. Farmers & Merchants Bank of Long Beach's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $1,356.7 Mil. Farmers & Merchants Bank of Long Beach's debt to equity for the quarter that ended in Mar. 2024 was 0.88.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Farmers & Merchants Bank of Long Beach's Debt-to-Equity or its related term are showing as below:

FMBL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03   Med: 0.61   Max: 0.88
Current: 0.88

During the past 13 years, the highest Debt-to-Equity Ratio of Farmers & Merchants Bank of Long Beach was 0.88. The lowest was 0.03. And the median was 0.61.

FMBL's Debt-to-Equity is ranked worse than
59.04% of 1394 companies
in the Banks industry
Industry Median: 0.66 vs FMBL: 0.88

Farmers & Merchants Bank of Long Beach Debt-to-Equity Historical Data

The historical data trend for Farmers & Merchants Bank of Long Beach's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Farmers & Merchants Bank of Long Beach Debt-to-Equity Chart

Farmers & Merchants Bank of Long Beach Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.53 0.74

Farmers & Merchants Bank of Long Beach Quarterly Data
Dec18 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.61 0.76 0.75 0.74 0.88

Competitive Comparison of Farmers & Merchants Bank of Long Beach's Debt-to-Equity

For the Banks - Regional subindustry, Farmers & Merchants Bank of Long Beach's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Farmers & Merchants Bank of Long Beach's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Farmers & Merchants Bank of Long Beach's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Farmers & Merchants Bank of Long Beach's Debt-to-Equity falls into.



Farmers & Merchants Bank of Long Beach Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Farmers & Merchants Bank of Long Beach's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Farmers & Merchants Bank of Long Beach's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Farmers & Merchants Bank of Long Beach  (OTCPK:FMBL) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Farmers & Merchants Bank of Long Beach Debt-to-Equity Related Terms

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Farmers & Merchants Bank of Long Beach (Farmers & Merchants Bank of Long Beach) Business Description

Traded in Other Exchanges
N/A
Address
302 Pine Avenue, Long Beach, CA, USA, 90802
Farmers & Merchants Bank of Long Beach provides business banking products and services. It offers 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. The Bank also provides financing for residential loans, including single-family and multifamily loans.

Farmers & Merchants Bank of Long Beach (Farmers & Merchants Bank of Long Beach) Headlines