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

F & M Bank (OTCMKTS:FMBM) posted its earnings results on Thursday. The financial services provider reported $0.64 earnings per share for the quarter, Zacks reports. F & M Bank had a return on equity of 6.69% and a net margin of 7.48%.

F & M Bank Stock Up 0.4 %

FMBM opened at $20.00 on Friday. The firm’s 50 day simple moving average is $20.06 and its two-hundred day simple moving average is $21.09. The company has a market capitalization of $70.60 million, a PE ratio of 12.69 and a beta of 0.37. F & M Bank has a 1-year low of $15.15 and a 1-year high of $23.84. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 0.08.

F & M Bank Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 14th will be given a dividend of $0.26 per share. The ex-dividend date of this dividend is Friday, February 14th. This represents a $1.04 annualized dividend and a yield of 5.20%. F & M Bank’s dividend payout ratio (DPR) is 66.24%.

F & M Bank Company Profile

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.