F & M Bank (OTCMKTS:FMBM) Issues Quarterly 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 net margin of 7.48% and a return on equity of 6.69%.

F & M Bank Trading Up 0.4 %

Shares of F & M Bank stock opened at $20.00 on Friday. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 0.08. The firm has a market cap of $70.60 million, a price-to-earnings ratio of 12.69 and a beta of 0.37. F & M Bank has a twelve month low of $15.15 and a twelve month high of $23.84. The business has a 50-day moving average price of $20.06 and a 200-day moving average price of $21.09.

F & M Bank Announces Dividend

The business also recently declared 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. This represents a $1.04 annualized dividend and a yield of 5.20%. The ex-dividend date of this dividend is Friday, February 14th. F & M Bank’s 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.