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

F & M Bank (OTCMKTS:FMBM) announced its quarterly earnings data on Thursday. The financial services provider reported $0.64 earnings per share (EPS) 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 Down 0.2 %

Shares of F & M Bank stock traded down $0.03 during trading on Thursday, reaching $19.92. The company’s stock had a trading volume of 1,560 shares, compared to its average volume of 786. The company has a 50-day simple moving average of $20.10 and a two-hundred day simple moving average of $21.08. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 0.08. F & M Bank has a 1-year low of $15.15 and a 1-year high of $23.84. The company has a market cap of $70.32 million, a price-to-earnings ratio of 12.69 and a beta of 0.37.

F & M Bank Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 14th will be paid a $0.26 dividend. The ex-dividend date is Friday, February 14th. This represents a $1.04 annualized dividend and a yield of 5.22%. F & M Bank’s dividend payout ratio (DPR) is 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.