Farmers & Merchants Bank of Long Beach (OTCQX: FMBL) is continuing to reward its shareholders, announcing another quarterly cash dividend of $28 per share. The dividend will be paid out on September 30, 2025, targeting investors who hold shares as of September 15. This announcement marks yet another milestone for the bank, representing its 533rd consecutive dividend payment, a remarkable track record dating all the way back to 1916.
If there’s a word to sum up the approach of Farmers & Merchants Bank over the last century, it might be “consistency.” In a financial industry that sees plenty of ups and downs, F&M has managed not only to pay a dividend every year for over a century, but also keep its quarterly dividend stable or growing, never once lowering the payout. That’s the kind of history that draws attention beyond Southern California.
The streak is impressive in the banking world, especially given how much volatility and regulatory change the sector has witnessed since 1916. Through economic crashes, recessions, rate hikes, and more, the company has continued sharing profits with shareholders on schedule. Most regional banks can only aspire to that kind of longevity, and few can match the record.
Founded in 1907 by C.J. Walker, Farmers & Merchants Bank has deep roots in the community and a legacy that predates the First World War. A blend of traditional personal service and modern banking conveniences has been central to the bank’s appeal. Today, it operates 27 branches stretching from San Clemente to Santa Barbara, as well as a suite of digital services through its online and mobile platforms.
Alongside the commercial and small business banking, F&M offers a full spectrum of consumer banking services, including checking and savings accounts, youth banking options, business loans, and home financing. All customer deposits are insured by the Federal Deposit Insurance Corporation, and the bank is a recognized Equal Housing Lender.
For long-time investors, reliability has been the story at Farmers & Merchants Bank. Every quarter brings the expectation, fulfilled once again this September, that the dividend will keep arriving, paying out at or above past rates. It’s a long-term relationship approach to shareholders, and one that is deeply rooted in the company’s heritage.
While the quarterly dividend may not set records for size, there are few banks that can match F&M’s record for unbroken payouts stretching back over a hundred years. For shareholders seeking stability in a sector that’s often anything but predictable, F&M’s news is a welcome (and familiar) update.
