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) posted its quarterly earnings results on Wednesday. The financial services provider reported $0.84 EPS for the quarter, Zacks reports. The company had revenue of $13.32 million during the quarter. F & M Bank had a return on equity of 9.51% and a net margin of 10.96%.

F & M Bank Stock Performance

Shares of FMBM stock traded up $0.70 on Friday, hitting $23.40. 1,101 shares of the stock traded hands, compared to its average volume of 2,904. The company's fifty day moving average is $21.30 and its 200 day moving average is $20.40. F & M Bank has a 1-year low of $17.76 and a 1-year high of $25.05. The company has a market capitalization of $83.30 million, a PE ratio of 9.71 and a beta of 0.22. The company has a debt-to-equity ratio of 0.08, a current ratio of 0.76 and a quick ratio of 0.76.

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.