F & M Bank (OTCMKTS:FMBM) Releases Quarterly Earnings Results

Key Points

• F & M Bank reported an earnings per share (EPS) of $0.84 for the quarter, reflecting a return on equity of 9.77% and a net margin of 11.15%.
• The company's stock price has fluctuated between a 1-year low of $17.76 and a high of $25.05, currently trading at $22.10 with a market cap of $78.68 million.
• F & M Bank, based in Virginia, offers a variety of financial products including demand accounts, savings accounts, and mobile banking services.

F & M Bank (OTCMKTS:FMBM - Get Free Report) issued its earnings results on Wednesday. The financial services provider reported $0.84 earnings per share for the quarter, Zacks reports. F & M Bank had a return on equity of 9.51% and a net margin of 10.96%. The business had revenue of $13.32 million for the quarter.

F & M Bank Stock Performance

OTCMKTS:FMBM traded up $0.70 during midday trading on Friday, reaching $23.40. The stock had a trading volume of 1,101 shares, compared to its average volume of 2,904. The stock has a market cap of $83.30 million, a P/E ratio of 9.71 and a beta of 0.22. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.08. F & M Bank has a 12-month low of $17.76 and a 12-month high of $25.05. The firm has a fifty day simple moving average of $21.30 and a two-hundred day simple moving average of $20.40.

About F & M Bank

F & M Bank Corp. operates as the bank holding company for Farmers & Merchants Bank that provides financial products and services to consumers and businesses in Virginia. The company offers commercial and individual demand and time deposit accounts, savings accounts, money market accounts, internet and mobile banking services, and drive-in banking services.