Farmers & Merchants Bank of Long Beach Reports 2025 First Quarter Results
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 22 2025
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Source: Newsfilter
Financial Performance: Farmers & Merchants Bank of Long Beach reported a net income of $16.8 million for Q1 2025, an increase from $13.0 million in Q1 2024, with improved net interest income and a healthy balance sheet despite a slight decrease in total deposits and loans.
Capital Strength: The bank maintains strong capital ratios well above regulatory requirements, with a total risk-based capital ratio of 19.16%, and has initiated a stock repurchase program, purchasing shares on the open market during the quarter.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
