Added to YB: 2025-10-27
Pitch date: 2025-09-05
FMBL [bullish]
Farmers & Merchants Bank of Long Beach
+27.35%
current return
Author Info
No bio for this author
Company Info
Farmers & Merchants Bank of Long Beach provides various banking products and services to individuals, professionals, and small to medium-sized businesses in the Los Angeles, Orange, and Santa Barbara Counties of the United States.
Market Cap
$945.9M
Pitch Price
$6.4K
Price Target
12.0K (+46%)
Dividend
1.64%
EV/EBITDA
N/A
P/E
18.09
EV/Sales
N/A
Sector
Banks
Category
special_situation
Farmers & Merchants Bank of Long Beach - $FMBL
FMBL: Event-driven situation following proxy disclosure of potential $200M preferred raise at $12,300/share vs current $6,450. Supermajority vote thresholds lowered 80%→65% for M&A approval. Likely dutch tender (20%+ upside) or sale (~100% upside to $12k/share). Interest rate risk given asset duration.
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