FMCB - Farmers & Merchants Bancorp: A High-Quality Bank With Great Upside
- The entire financial sector has underperformed the S&P 500 due to the pandemic, which has caused huge loan losses to most banks and depressed interest rates.
- FMCB is a bright exception, thanks to its prudent management. While most banks have seen their earnings collapse this year, FMCB has grown its earnings per share 3.5%.
- FMCB is one of the highest-quality banks in the investing universe.
- It will easily endure the downturn caused by the pandemic and will greatly reward its shareholders whenever the pandemic subsides.
For further details see:
Farmers & Merchants Bancorp: A High-Quality Bank With Great Upside