OTCMFMBL
Market cap714mUSD
Dec 23, Last price
5,750.00USD
1D
0.00%
1Q
9.84%
Name
Farmers And Merchants Bank of Long Beach
Chart & Performance
Profile
Farmers & Merchants Bank of Long Beach provides various banking products and services to individuals, professionals, and small to medium-sized businesses. It offers checking, savings, Christmas club savings, health savings, money market, and investment accounts; demand and time deposits; certificates of deposit; and retirement plans. The company also provides personal, home, small business administration, commercial real estate, real estate and construction, and commercial business loans, as well as lines of credit; financing for residential loans comprising single-family and multifamily loans; and credit, debit, and gift cards. In addition, it offers account management, receivables and payables, and risk management services; and merchant, electronic lockbox, mobile and remote deposit capture, digital wallet, direct deposit, escrow, faith-based and healthcare banking, and other services, as well as online and mobile banking services. As of December 31, 2021, the company operated 25 branches in Los Angeles, Orange, and Santa Barbara Counties. Farmers & Merchants Bank of Long Beach was incorporated in 1907 and is headquartered in Long Beach, California.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | 2014‑12 | |
Income | ||||||||||
Revenues | 431,968 31.87% | 327,569 3.31% | 317,088 12.49% | |||||||
Cost of revenue | 137,321 | 131,170 | 119,617 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 294,647 | 196,399 | 197,471 | |||||||
NOPBT Margin | 68.21% | 59.96% | 62.28% | |||||||
Operating Taxes | 11,925 | 26,269 | 29,320 | |||||||
Tax Rate | 4.05% | 13.38% | 14.85% | |||||||
NOPAT | 282,722 | 170,130 | 168,151 | |||||||
Net income | 70,007 -35.77% | 109,002 -5.38% | 115,205 44.37% | |||||||
Dividends | (15,646) | (15,766) | (15,493) | |||||||
Dividend yield | 2.41% | 1.66% | 1.50% | |||||||
Proceeds from repurchase of equity | (476) | (588,759) | 137,614 | |||||||
BB yield | 0.07% | 61.91% | -13.36% | |||||||
Debt | ||||||||||
Debt current | 1,487,875 | 918,537 | ||||||||
Long-term debt | 1,004,860 | 705,829 | 4,144 | |||||||
Deferred revenue | 691,704 | |||||||||
Other long-term liabilities | 3,269,288 | (700,000) | 1,825,524 | |||||||
Net debt | (4,035,552) | (2,896,572) | (5,038,218) | |||||||
Cash flow | ||||||||||
Cash from operating activities | 108,385 | 190,882 | 193,711 | |||||||
CAPEX | (38,010) | (11,175) | (21,222) | |||||||
Cash from investing activities | 437,312 | (1,784,656) | (1,358,348) | |||||||
Cash from financing activities | (65,086) | 434,961 | 1,454,633 | |||||||
FCF | (2,110,367) | 3,013,645 | 2,359,841 | |||||||
Balance | ||||||||||
Cash | 623,469 | 176,835 | 1,454,131 | |||||||
Long term investments | 4,416,943 | 4,913,441 | 4,506,768 | |||||||
Excess cash | 5,018,814 | 5,073,898 | 5,945,045 | |||||||
Stockholders' equity | 1,166,962 | 1,135,649 | 1,151,590 | |||||||
Invested Capital | 4,444,695 | 3,049,321 | 2,826,997 | |||||||
ROIC | 7.55% | 5.79% | 4.83% | |||||||
ROCE | 5.25% | 4.68% | 4.95% | |||||||
EV | ||||||||||
Common stock shares outstanding | 126 | 127 | 128 | |||||||
Price | 5,126.00 -31.33% | 7,465.00 -7.04% | 8,030.00 21.21% | |||||||
Market cap | 647,993 -31.87% | 951,063 -7.65% | 1,029,815 21.30% | |||||||
EV | (3,387,559) | (1,945,509) | (4,008,403) | |||||||
EBITDA | 303,848 | 205,167 | 206,449 | |||||||
EV/EBITDA | ||||||||||
Interest | 152,453 | 31,234 | 12,232 | |||||||
Interest/NOPBT | 51.74% | 15.90% | 6.19% |