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

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

Shares of FMBM traded down $0.03 during mid-day trading on Thursday, reaching $19.92. The stock had a trading volume of 1,560 shares, compared to its average volume of 786. F & M Bank has a 52-week low of $15.15 and a 52-week high of $23.84. The firm has a market cap of $70.32 million, a price-to-earnings ratio of 12.69 and a beta of 0.37. The business’s fifty day moving average is $20.10 and its 200 day moving average is $21.08. The company has a debt-to-equity ratio of 0.08, a current ratio of 0.72 and a quick ratio of 0.72.

F & M Bank Dividend Announcement

The business 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. This represents a $1.04 dividend on an annualized basis and a dividend yield of 5.22%. The ex-dividend date of this dividend is Friday, February 14th. F & M Bank’s dividend payout ratio (DPR) is presently 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.