According to the 15-minute chart for Farmers & Merchants, the KDJ Golden Cross and Bullish Marubozu indicators both triggered on August 26th at 12:30. This suggests that the momentum of the stock price is shifting towards the upside and has the potential to further increase. As buyers continue to dominate the market, it is likely that the bullish momentum will persist.
Farmers & Merchants Bank of Long Beach (OTCQX: FMBL), a prominent financial institution in Southern California, has seen a significant shift in its stock price momentum. According to the 15-minute chart, both the KDJ Golden Cross and Bullish Marubozu indicators triggered on August 26th at 12:30, suggesting an upward trend in the stock price. This bullish signal, coupled with persistent buying activity, indicates a potential continuation of the positive momentum [1].
FMBL's recent financial performance has been robust. The bank reported strong second-quarter results in 2025, with net income rising to $13.9 million ($112.71 per diluted share), up from $13.5 million in the same period last year. This growth is attributed to an improved net interest margin of 2.42% from 1.92% year-over-year. Key financial metrics such as total assets ($11.40 billion), gross loans ($6.47 billion), and total deposits ($8.69 billion) also indicate a healthy balance sheet [2].
In addition to its financial strength, FMBL is known for its consistent dividend history. The bank has maintained an unbroken streak of dividend payments since 1916, with the quarterly dividend amount never being reduced. The most recent dividend declaration was for a regular quarterly cash dividend of $28 per share, payable on September 30, 2025, to shareholders of record as of September 15, 2025 [3].
The appointment of Mark E. Harrison to the board of directors further underscores FMBL's commitment to strong governance. Harrison brings extensive experience in financial services and tax consulting, having served various banking institutions for nearly four decades. His appointment is expected to bring strategic insights and expertise to the bank's leadership [4].
Investors and financial professionals should closely monitor FMBL's performance as it continues to navigate market conditions and capitalize on its bullish momentum. The bank's consistent dividend history and strong financial position make it an attractive option for investors seeking stability and growth.
References:
[1] https://seekingalpha.com/news/4488771-farmers-and-merchants-bank-of-long-beach-declares-0_28-dividend
[2] https://www.stocktitan.net/news/FMBL/
[3] https://www.stocktitan.net/news/FMBL/
[4] https://www.stocktitan.net/news/FMBL/
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