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

F & M Bank (OTCMKTS:FMBM) issued its earnings results on Friday. The financial services provider reported $0.81 earnings per share for the quarter, Zacks reports. F & M Bank had a net margin of 13.58% and a return on equity of 11.35%.

F & M Bank Trading Up 0.3%

OTCMKTS FMBM traded up $0.10 during mid-day trading on Friday, reaching $30.59. 801 shares of the stock were exchanged, compared to its average volume of 3,273. The stock has a market capitalization of $108.81 million, a PE ratio of 10.20 and a beta of 0.26. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.77 and a current ratio of 0.77. F & M Bank has a 1-year low of $17.76 and a 1-year high of $30.95. The business’s fifty day simple moving average is $28.45 and its 200 day simple moving average is $26.20.

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. It also provides construction loans, including residential, and land acquisition and development loans; commercial real estate loans; business loans; consumer loans, such as personal loans, automobile loans, deposit account loans, installment and demand loans, and home equity loans; residential mortgage loans; credit cards; dealer finance; farmland loans; multi-family loans; and commercial and industrial loans.