Farmers & Merchants Bank of Long Beach (Farmers & Merchants Bank of Long Beach) Net Interest Income (for Banks) : $249.7 Mil (As of Mar. 2024)

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What is Farmers & Merchants Bank of Long Beach Net Interest Income (for Banks)?

Net interest income is the income earned by banks from the fund they have on their balance sheet. Farmers & Merchants Bank of Long Beach's net interest income for the three months ended in Mar. 2024 was $57.4 Mil. Its net interest income for the trailing twelve months (TTM) ended in Mar. 2024 was $249.7 Mil.

Farmers & Merchants Bank of Long Beach's quarterly net interest income declined from Sep. 2023 ($64.9 Mil) to Dec. 2023 ($62.3 Mil) and declined from Dec. 2023 ($62.3 Mil) to Mar. 2024 ($57.4 Mil).

Farmers & Merchants Bank of Long Beach's annual net interest income increased from Dec. 2021 ($295.1 Mil) to Dec. 2022 ($309.0 Mil) but then declined from Dec. 2022 ($309.0 Mil) to Dec. 2023 ($263.1 Mil).

Farmers & Merchants Bank of Long Beach Net Interest Income (for Banks) Historical Data

The historical data trend for Farmers & Merchants Bank of Long Beach's Net Interest Income (for Banks) 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.

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Farmers & Merchants Bank of Long Beach Net Interest Income (for Banks) Chart

Farmers & Merchants Bank of Long Beach Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Interest Income (for Banks)

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247.49

261.38

295.06

309.04

263.07

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
Net Interest Income (for Banks)	Get a 7-Day Free Trial															70.82	65.07	64.89	62.29	57.44

Farmers & Merchants Bank of Long Beach Net Interest Income (for Banks) Calculation

Income earned by banks from the fund they have on their balance sheet. These funds can be from customers' deposit, bank's own equity or borrowed.

Net Interest Income (for Banks) for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $249.7 Mil.

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

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Farmers & Merchants Bank of Long Beach (OTCPK:FMBL) » Definitions » Net Interest Income (for Banks)

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Traded in Other Exchanges

N/A

Address

302 Pine Avenue, Long Beach, CA, USA, 90802

Website

https://www.fmb.com

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

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