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

F & M Bank (OTCMKTS:FMBM) posted its 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 company had revenue of $11.24 million during the quarter.

F & M Bank Stock Down 0.7 %

FMBM opened at $21.30 on Monday. 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 has a fifty-two week low of $15.00 and a fifty-two week high of $23.84. The company has a market capitalization of $74.98 million, a P/E ratio of 13.57 and a beta of 0.40. The stock has a fifty day moving average of $22.91 and a 200-day moving average of $19.49.

F & M Bank Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, November 29th. Stockholders of record on Thursday, November 14th will be issued a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a dividend yield of 4.88%. The ex-dividend date is Thursday, November 14th. F & M Bank’s dividend payout ratio is currently 66.24%.

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.