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Farmers & Merchants Bank of Long Beach (Farmers & Merchants Bank of Long Beach) Net Margin % : 19.79% (As of Mar. 2024)


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What is Farmers & Merchants Bank of Long Beach Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Farmers & Merchants Bank of Long Beach's Net Income for the three months ended in Mar. 2024 was $13.0 Mil. Farmers & Merchants Bank of Long Beach's Revenue for the three months ended in Mar. 2024 was $65.7 Mil. Therefore, Farmers & Merchants Bank of Long Beach's net margin for the quarter that ended in Mar. 2024 was 19.79%.

The historical rank and industry rank for Farmers & Merchants Bank of Long Beach's Net Margin % or its related term are showing as below:

FMBL' s Net Margin % Range Over the Past 10 Years
Min: 22.7   Med: 30.97   Max: 36.33
Current: 22.7


FMBL's Net Margin % is ranked worse than
58.57% of 1458 companies
in the Banks industry
Industry Median: 25.11 vs FMBL: 22.70

Farmers & Merchants Bank of Long Beach Net Margin % Historical Data

The historical data trend for Farmers & Merchants Bank of Long Beach's Net Margin % 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 Net Margin % Chart

Farmers & Merchants Bank of Long Beach Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.08 28.31 36.33 33.28 25.05

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 Margin % 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 29.00 26.13 25.21 19.37 19.79

Competitive Comparison of Farmers & Merchants Bank of Long Beach's Net Margin %

For the Banks - Regional subindustry, Farmers & Merchants Bank of Long Beach's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Farmers & Merchants Bank of Long Beach's Net Margin % distribution charts can be found below:

* The bar in red indicates where Farmers & Merchants Bank of Long Beach's Net Margin % falls into.



Farmers & Merchants Bank of Long Beach Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Farmers & Merchants Bank of Long Beach's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=70.007/279.415
=25.05 %

Farmers & Merchants Bank of Long Beach's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin=Net Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=13.002/65.687
=19.79 %

* 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) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Farmers & Merchants Bank of Long Beach Net Margin % 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