F & M Bank (OTCMKTS:FMBM – Get Free Report) released its quarterly earnings results on Wednesday. The financial services provider reported $0.74 earnings per share for the quarter, Zacks reports. The business had revenue of $15.22 million for the quarter. F & M Bank had a net margin of 16.58% and a return on equity of 13.10%.
F & M Bank Stock Performance
Shares of OTCMKTS FMBM traded up $0.69 during midday trading on Friday, hitting $41.59. The company’s stock had a trading volume of 100 shares, compared to its average volume of 3,046. The stock has a fifty day moving average price of $40.45 and a 200 day moving average price of $35.54. F & M Bank has a one year low of $26.50 and a one year high of $41.59. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 0.09. The firm has a market capitalization of $149.31 million, a price-to-earnings ratio of 10.50 and a beta of 0.30.
F & M Bank Company Profile
F & M Bank Corp. is the bank holding company for Farmers & Merchants Bank, a community banking institution headquartered in Timberville, Virginia. The bank serves individuals, families, farmers and businesses primarily in Virginia’s Shenandoah Valley and surrounding communities.
Farmers & Merchants Bank provides traditional banking services, including checking and savings accounts, certificates of deposit, consumer loans, residential mortgages, agricultural financing and commercial loans.
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