Kandal M Venture (NASDAQ:FMFC) Issues Quarterly Earnings Results

Kandal M Venture (NASDAQ:FMFC) issued its earnings results on Friday. The bank reported $0.55 earnings per share (EPS) for the quarter, FiscalAI reports. The company had revenue of $4.78 million for the quarter.

Kandal M Venture Stock Down 4.0%

NASDAQ FMFC traded down $0.24 during midday trading on Friday, hitting $5.71. 47,713 shares of the company traded hands, compared to its average volume of 52,452. Kandal M Venture has a 52 week low of $4.20 and a 52 week high of $396.00. The company’s 50-day simple moving average is $7.96 and its 200-day simple moving average is $11.76.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Kandal M Venture in a research report on Monday, September 28th. One equities research analyst has rated the stock with a Sell rating. Based on data from MarketBeat, the company has a consensus rating of “Sell”.

Kandal M Venture Company Profile

First M&F Corporation is a one-bank holding company. The Company engages in the banking business through its wholly owned subsidiary, Merchants and Farmers Bank of Kosciusko (the Bank) in the states of Mississippi, Tennessee, Alabama and Florida. The Bank offers a range of commercial and consumer services at its main office and two branches in Kosciusko and its branches within central and north Mississippi, including Ackerman, Brandon, Bruce, Canton, Cleveland, Clinton, Durant, Flowood, Grenada, Madison, Olive Branch, Oxford, Pearl, Philadelphia, Ridgeland, Southaven, Starkville, and Tupelo.