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

F & M Bank Stock Down 0.2 %

OTCMKTS FMBM traded down $0.03 during trading hours on Thursday, hitting $19.92. The company’s 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 company has a market capitalization of $70.32 million, a PE ratio of 12.69 and a beta of 0.37. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 0.08. The company’s 50-day simple moving average is $20.10 and its two-hundred day simple moving average is $21.08.

F & M Bank Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 14th will be issued 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 is Friday, February 14th. F & M Bank’s dividend payout ratio is currently 66.24%.

F & M Bank Company Profile

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.