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Farmers & Merchants Bank of Long BeachFMBL 59 Piotroski F-Score is 9 as of Jul. 31, 2026, which is 50% above its 10-year median of 6.00. GuruFocus rates FMBL with a GF Score™ of 59/100 and a GF Value™ of $7,236.55 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,499 Banks companies, Farmers & Merchants Bank of Long Beach ranks better than 99.93% on this metric.
Good Sign:
Piotroski F-Score is 9, indicates a very healthy situation.
The zones of discrimination were as such:
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Farmers & Merchants Bank of Long Beach has an F-score of 9. It is a good or high score, which usually indicates a very healthy situation.
Farmers & Merchants Bank of Long Beach (OTCPK:FMBL) Piotroski F-Score Explanation
The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.
He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.
He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.
What he found was something that exceeded his most optimistic expectations.
Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.
Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).
Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.
Farmers & Merchants Bank of Long Beach Piotroski F-Score Related Terms
Farmers & Merchants Bank of Long Beach Piotroski F-Score Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Farmers & Merchants Bank of Long Beach Piotroski F-Score Chart
Farmers & Merchants Bank of Long Beach Annual Data
FMBL vs CLBK, MCB, HBT: Piotroski F-Score Comparison
For the Banks - Regional subindustry, Farmers & Merchants Bank of Long Beach's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Farmers & Merchants Bank of Long Beach Piotroski F-Score vs Banks Industry
For the Banks industry and Financial Services sector, Farmers & Merchants Bank of Long Beach's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Farmers & Merchants Bank of Long Beach's Piotroski F-Score falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.
Profitability
Question 1. Return on Assets (ROA)
Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.
Score 1 if positive, 0 if negative.
Farmers & Merchants Bank of Long Beach's current Net Income (TTM) was 68.3.
==> Positive ==> Score 1.
Question 2. Cash Flow Return on Assets (CFROA)
Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.
Score 1 if positive, 0 if negative.
Farmers & Merchants Bank of Long Beach's current Cash Flow from Operations (TTM) was 121.9.
==> Positive ==> Score 1.
Question 3. Change in Return on Assets
Compare this year's return on assets (1) to last year's return on assets.
Farmers & Merchants Bank of Long Beach's return on assets of this year was 0.00584676. Farmers & Merchants Bank of Long Beach's return on assets of last year was 0.00372869.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Farmers & Merchants Bank of Long Beach's gearing of this year was 0.02554591. Farmers & Merchants Bank of Long Beach's gearing of last year was 0.04214799.
==> This year is lower or equal to last year. ==> Score 1.
Question 6. Change in Working Capital (Liquidity)
Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.
Score 1 if this year's current ratio is higher, 0 if it's lower
* Note that for banks and insurance companies, there's no Total Current Assets and Total Current Liabilities reported. Thus, we use Total Assets and Total Liabilities to calculate current ratio for banks and insurance companies.
Farmers & Merchants Bank of Long Beach's current ratio of this year was 1.1576217. Farmers & Merchants Bank of Long Beach's current ratio of last year was 1.13262846.
==> This year's current ratio is higher. ==> Score 1.
Question 7. Change in Shares in Issue
Compare the number of shares in issue this year, to the number in issue last year.
Score 0 if there is larger number of shares in issue this year, 1 otherwise.
Farmers & Merchants Bank of Long Beach's number of shares in issue this year was 0.123. Farmers & Merchants Bank of Long Beach's number of shares in issue last year was 0.125.
==> There is smaller number of shares in issue this year, or the same. ==> Score 1.
Efficiency
Question 8. Change in Gross Margin
Compare this year's gross margin (Gross Profit divided by sales) to last year's.
Score 1 if this year's gross margin is higher, 0 if it's lower.
* Note that for banks and insurance companies, there's no Gross Profit reported. Thus, we use net income instead of gross profit and calculate Net Margin for this score.
Farmers & Merchants Bank of Long Beach's net margin of this year was 0.23702417. Farmers & Merchants Bank of Long Beach's net margin of last year was 0.17502438.
==> This year's net margin is higher. ==> Score 1.
Question 9. Change in asset turnover
Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.
Score 1 if this year's asset turnover ratio is higher, 0 if it's lower
Farmers & Merchants Bank of Long Beach's asset turnover of this year was 0.02466735. Farmers & Merchants Bank of Long Beach's asset turnover of last year was 0.02130385.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Farmers & Merchants Bank of Long Beach has an F-score of 9. It is a good or high score, which usually indicates a very healthy situation.
Farmers & Merchants Bank of Long Beach (FMBL) has a Piotroski F-Score of 9 as of Jul. 31, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Farmers & Merchants Bank of Long Beach and its competitors. This is 50% above median its historical median of 6.00. Over the past decade, Farmers & Merchants Bank of Long Beach's Piotroski F-Score has ranged from 2.00 to 9.00. According to the industry distribution chart, Farmers & Merchants Bank of Long Beach ranks #1 out of 1499 companies in the Banks industry, placing it in the top 0.099999999999994%.
Is Farmers & Merchants Bank of Long Beach's Piotroski F-Score too high?
Farmers & Merchants Bank of Long Beach's current Piotroski F-Score of 9 is 50% above median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 9.00. The Banks industry median Piotroski F-Score is 6.00. Farmers & Merchants Bank of Long Beach's value of 9 is 50% above this industry median. Based on the distribution chart, Farmers & Merchants Bank of Long Beach ranks #1 out of 1499 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, Farmers & Merchants Bank of Long Beach has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Farmers & Merchants Bank of Long Beach's Piotroski F-Score compare to CLBK and MCB?
According to the Banks industry distribution chart, Farmers & Merchants Bank of Long Beach ranks #1 out of 1499 companies for Piotroski F-Score. This places Farmers & Merchants Bank of Long Beach in the top 0% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 6.00. Farmers & Merchants Bank of Long Beach's value of 9 is 50% above this benchmark. Historically, Farmers & Merchants Bank of Long Beach's own Piotroski F-Score has ranged from 2.00 to 9.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 6.00, Farmers & Merchants Bank of Long Beach has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Piotroski F-Score for a Banks company?
The median Piotroski F-Score among Banks companies is 6.00, based on 1,499 companies in the industry. Companies in the top quartile (top 25%) have a Piotroski F-Score significantly above this median, while those in the bottom quartile fall well below. However, Piotroski F-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Farmers & Merchants Bank of Long Beach's current Piotroski F-Score of 9 is 50% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Piotroski F-Score mean?
A high Piotroski F-Score can signal that a stock is expensive relative to its fundamentals. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Farmers & Merchants Bank of Long Beach and its competitors. For the Banks industry, the median Piotroski F-Score is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Farmers & Merchants Bank of Long Beach's current Piotroski F-Score is 9, which is 50% above median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Farmers & Merchants Bank of Long Beach stock overvalued right now?
Based on GuruFocus' analysis, Farmers & Merchants Bank of Long Beach (FMBL) is currently considered Significantly Overvalued. The stock's GF Value™ is $7,236.55, compared to a current price of $9,804.97 — trading 35.5% above its estimated fair value. The current Piotroski F-Score is 9, which is 50% above median its 10-year median of 6.00 and 50% above the Banks industry median of 6.00. Farmers & Merchants Bank of Long Beach's overall GF Score™ is 59/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Piotroski F-Score calculated?
Piotroski F-Score is calculated from a company's financial statements. For Farmers & Merchants Bank of Long Beach (FMBL), the current Piotroski F-Score is 9 as of Jul. 31, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Farmers & Merchants Bank of Long Beach (FMBL) Overvalued in 2026?
Based on GuruFocus' analysis, Farmers & Merchants Bank of Long Beach stock appears to be overvalued.
The current stock price of $9,804.97 is trading 35.5% above its estimated GF Value™ of $7,236.55.
GuruFocus considers Farmers & Merchants Bank of Long Beach to be Significantly Overvalued.
Key valuation signals for FMBL:
Piotroski F-Score: 9 (50% above median its 10-year median of 6.00)
GF Value™: $7,236.55 vs. price of $9,804.97 (35.5% above fair value)
Industry Position: 50% above the Banks median (#1 of 1499)
No single metric tells the full story. See the FMBL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Farmers & Merchants Bank of Long Beach offers a broad range of banking products and services to individuals, professionals, and small to medium sized businesses. The bank operates branches across California's Los Angeles County, Orange County, and Santa Barbara County, supported by online and mobile banking platforms. As a full service commercial bank, it provides services including demand, money market, savings, and time deposits, as well as loans such as commercial real estate, construction, commercial business, and residential loans, including single family and multifamily financing, along with other business oriented banking services.
59GF Score
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Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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