Welcome to our dedicated page for F & M Bk news (Ticker: FMBM), a resource for investors and traders seeking the latest updates and insights on F & M Bk stock.
F & M Bank Corp. (FMBM) is an independent, locally owned financial holding company that regularly issues detailed public updates on its performance and operations. As the parent of Farmers & Merchants Bank, F&M Bank Corp. focuses on community banking in Virginia’s Shenandoah Valley and uses its news releases to explain how financial results, credit trends, and strategic decisions affect the company and its markets.
News coverage for FMBM commonly includes quarterly and year-end earnings announcements. These releases discuss net income, net interest income, net interest margin, cost of funds, return on average assets, and return on average equity, along with commentary on loan and deposit growth. They also highlight the composition of the loan portfolio, shifts between loan categories, and changes in the investment securities portfolio, including unrealized losses and scheduled bond maturities.
Company news also addresses asset quality and risk management, including provisions for credit losses, net charge-offs, nonperforming loan levels, and the Allowance for Credit Losses on Loans. Management often explains how economic conditions, collateral values, and portfolio mix influence these measures. Additional updates describe noninterest income sources such as mortgage banking, title insurance, card services, wealth management, and service charges on deposits, as well as changes in noninterest expenses linked to staffing, benefits, fraud events, pension distributions, and efficiency initiatives.
Beyond earnings, F&M Bank Corp. uses press releases to announce board appointments and retirements, stock repurchase program authorizations, dividend declarations, and strategic actions under its multi-year plan. Investors and community members following FMBM news can see how the company balances profitability, capital, liquidity, and community banking priorities over time.
F&M Bank Corp (OTCQX:FMBM) recorded a one-time, pre-tax gain of $4.8 million and an after-tax net income boost of $3.8 million from the sale of its investment in Richmond-based Bearing Insurance on April 30, 2026.
The company received proceeds of $5.1 million for four units, which were previously carried at a collective value of $223,922, and estimates an increase in book value and tangible book value per share of $1.07 based on 3,583,785 shares outstanding.
F&M Bank Corp (OTCQX:FMBM) reported first quarter 2026 net income of $3.23M ($0.91/share), up 31.3% year‑over‑year and 11.9% linked quarter. Total assets were $1.41B, loans $896.9M, deposits $1.28B. Net interest margin was 3.56%. Board declared a quarterly dividend of $0.26 per share, payable May 29, 2026.
Asset quality improved: nonperforming assets were $4.85M (0.34% of assets); ACLL totaled $7.9M. Liquidity totaled $313.9M (22.28% of assets).
F&M Bank Corp. (OTCQX: FMBM) reported record 2025 earnings with net income $11.2M ($3.16/share), up $3.9M versus 2024. Total assets were $1.37B, loans $886.3M, and deposits $1.25B at year-end.
Net interest income rose to $41.5M, net interest margin improved to 3.35%, book value per share increased 20.6% to $29.46, and the Board declared a $0.26 per-share dividend payable March 2, 2026.
F&M Bank Corp. (OTCQX:FMBM) reported third quarter 2025 net income of $2.9M or $0.82 per share and year-to-date net income of $8.3M or $2.35 per share, an increase of $3.3M versus the first nine months of 2024. Total assets were $1.36B, loans held for investment were $872.3M, and deposits were $1.24B at September 30, 2025.
Key operating metrics: tangible book value per share rose to $27.63 (+17.4% YTD), net interest margin improved +60 bps year-over-year to 3.33%, allowance for credit losses was $7.8M, and nonperforming loans were 0.85% of total loans. The board declared a quarterly dividend of $0.26 per share payable November 28, 2025 (record date November 14, 2025), cited as a 3.9% annualized yield based on the most recent trade price.
F&M Bank Corp. (OTCQX:FMBM) reported strong Q2 2025 financial results with net income of $3.0 million ($0.84 per share), a 21% increase from Q1 2025. For H1 2025, net income reached $5.4 million ($1.53 per share), surpassing the $4.2 million from H1 2024.
The bank's total assets reached $1.31 billion, with loans of $848.8 million and deposits of $1.20 billion as of June 30, 2025. Q2 saw notable loan growth of $21.8 million (2.63%). The net interest margin improved by 33 basis points to 3.48%, while the cost of funds decreased to 2.11%.
The Board declared a quarterly dividend of $0.26 per share, representing a 4.3% annualized yield based on the $22.00 share price. Tangible book value increased to $25.68 per share, marking a 9.1% year-to-date improvement.
F&M Bank Corp (OTCQX:FMBM) reported strong Q1 2025 financial results, with net income reaching $2.5 million ($0.70 per share), marking a 9% increase from Q4 2024's $2.3 million.
Key financial metrics as of March 31, 2025:
- Total assets: $1.31 billion (+0.78% quarter-over-quarter)
- Total loans: $827.0 million (-1.5%)
- Total deposits: $1.20 billion (+0.41%)
- Tangible book value per share: $24.73 (+5%)
The bank's performance showed improvements in several areas, including increased net interest income (+$333,000) and higher noninterest income (+$165,000). The loan portfolio remains diversified, with residential mortgages comprising 27.26% of total loans. The Board declared a quarterly dividend of $0.26 per share, yielding 5.21% annually based on the recent share price of $19.96.
F&M Bank Corp. (OTCQX:FMBM) reported strong financial results for Q4 and full-year 2024. Net income reached $2.3 million ($0.64 per share) for Q4, bringing the annual total to $7.3 million ($2.07 per share), marking a significant 163% increase from 2023's $2.8 million.
The company's total assets stood at $1.30 billion, with total loans of $839.9 million (up 2%) and deposits of $1.20 billion (up 5%) compared to year-end 2023. Net interest income for Q4 was $9.1 million, with net interest margin increasing by 14 basis points to 2.91%.
Key improvements were seen in Wealth Management, F&M Mortgage, and VS Title divisions. The Board declared a fourth quarter dividend of $0.26 per share, yielding 5.21% annually based on the recent share price of $19.95.
F&M Bank Corp. (OTCQX:FMBM) reported Q3 2024 net income of $792,000 ($0.23 per share), compared to $3.0 million ($0.86 per share) in Q2 2024 and $1.0 million ($0.29 per share) in Q3 2023. Results were impacted by two one-time expenses totaling $734,000 after tax. Total assets reached $1.34 billion, with total loans of $830.7 million and deposits of $1.22 billion. The company's stock price increased 44.8% during Q3, from $16.15 to $23.40. Tangible book value per share improved from $21.551 to $25.011 since December 31, 2023.
F&M Bank Corp. (OTCQX:FMBM) has appointed Neil A. Houff to its Board of Directors. Houff is the President of Houff , a Weyers Cave, VA-based company specializing in agronomy, supply chain solutions, transloading, and biosolids management. He has led the company since the early 1990s and previously served on Virginia's Board of Agriculture and Consumer Services. As of June 30, 2024, F&M reported total assets of $1.31 billion, loans of $826.3 million, and deposits of $1.19 billion.