F & M Bank (OTCMKTS:FMBM) Announces Earnings Results

F & M Bank (OTCMKTS:FMBM) issued its quarterly earnings results on Friday. The financial services provider reported $0.23 earnings per share for the quarter, reports. F & M Bank had a return on equity of 7.49% and a net margin of 8.00%. The firm had revenue of $11.24 million during the quarter.

F & M Bank Trading Down 0.7 %

Shares of F & M Bank stock opened at $21.30 on Friday. The stock has a market capitalization of $74.98 million, a PE ratio of 13.07 and a beta of 0.40. F & M Bank has a 52 week low of $15.00 and a 52 week high of $23.84. The stock has a 50 day moving average price of $22.91 and a two-hundred day moving average price of $19.47. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.73 and a current ratio of 0.73.

F & M Bank Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, November 29th. Investors of record on Thursday, November 14th will be given a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a yield of 4.88%. The ex-dividend date is Thursday, November 14th. F & M Bank’s payout ratio is 63.80%.

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.