Farmers & Merchants Bank of Long Beach Announces $28 Quarterly Dividend
In a significant move for its shareholders, Farmers & Merchants Bank of Long Beach has declared a quarterly cash dividend of $28 per share, marking its 532nd consecutive dividend payment since 1916. This announcement, made on May 19, 2025, underscores the bank’s longstanding commitment to returning value to its investors.
The dividend, approved by the bank’s board of directors, is set to be payable on June 30, 2025, to shareholders of record as of June 13, 2025. This consistent dividend payment highlights the bank’s financial stability and dedication to maintaining shareholder trust over more than a century.
Farmers & Merchants Bank, operating in the Financials sector with a focus on real estate mortgage, consumer, and commercial loans, serves both individuals and businesses across Long Beach, California, and beyond. Despite not being publicly traded on a major stock exchange, the bank is listed under the ‘Other-OTC’ classification, with a market capitalization of approximately $704.57 million as of May 15, 2025.
The bank’s close price on May 15, 2025, was $5,700, with a 52-week high of $5,800 and a low of $4,510. Its price-to-earnings ratio stands at 14.75, reflecting its financial health and investor confidence.
Founded in 1907 by C.J. Walker, Farmers & Merchants Bank has grown to offer a wide range of services through its 27 branches, from San Clemente to Santa Barbara, as well as through its Online and Mobile Banking platforms. The bank’s offerings include commercial and small business banking, business loan programs, home loans, and a comprehensive suite of consumer retail banking products.
This latest dividend declaration not only reinforces the bank’s historical commitment to its shareholders but also reflects its ongoing success and resilience in the competitive banking sector. For more information about Farmers & Merchants Bank and its services, interested parties can visit their website at www.fmb.com .