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LONG BEACH, Calif. - Farmers & Merchants Bank of Long Beach (OTCQX:FMBL) announced Monday that its board of directors has approved a regular quarterly cash dividend of $28 per share on the bank’s common stock.
The dividend will be payable on September 30, 2025, to shareholders of record as of September 15, 2025, according to a press release issued by the company.
This payment represents the bank’s 533rd dividend distribution to shareholders. The Long Beach-based financial institution has maintained an unbroken record of dividend payments since 1916, with the quarterly dividend amount never decreasing throughout its history.
Farmers & Merchants Bank, founded in 1907, operates 27 branches across Southern California from San Clemente to Santa Barbara. The California state-chartered bank offers commercial and small business banking services, business loan programs, home loans, and consumer retail banking products.
The bank’s deposits are insured by the Federal Deposit Insurance Corporation.
In other recent news, Farmers & Merchants Bank of Long Beach has appointed Mark E. Harrison to its board of directors. Harrison, who brings extensive experience from his nearly 40-year career at KPMG LLP, replaces Walter M. Florie, who had been a board member since 2007. During his time at KPMG, Harrison was involved with the financial services industry, working with regional and community banks, as well as large money center banks. His expertise includes mergers and acquisitions, complex financial transactions, and tax consulting. Harrison has also provided advisory services to Farmers & Merchants Bank for over 15 years, focusing on tax credit investment structures and accounting for federal and state income taxes. This appointment reflects the bank’s ongoing strategy to strengthen its leadership with seasoned professionals from the financial sector. Harrison’s role is expected to leverage his extensive background to support the bank’s growth and strategic initiatives. These developments mark a significant addition to the bank’s leadership team.
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