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

F & M Bank (OTCMKTS:FMBM) posted its earnings results on Wednesday. The financial services provider reported $1.50 earnings per share for the quarter, Zacks reports. F & M Bank had a return on equity of 11.77% and a net margin of 14.96%.

F & M Bank Stock Performance

Shares of OTCMKTS FMBM remained flat at $39.54 during midday trading on Wednesday. 11 shares of the stock traded hands, compared to its average volume of 1,002. The company has a 50-day moving average price of $36.44 and a two-hundred day moving average price of $33.10. F & M Bank has a 12-month low of $21.80 and a 12-month high of $39.99. The company has a debt-to-equity ratio of 0.09, a current ratio of 0.77 and a quick ratio of 0.77. The stock has a market capitalization of $141.95 million, a PE ratio of 11.70 and a beta of 0.30.

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.