Market cap data unavailable. We couldn't positively verify this ticker's market cap is under $500M. Verify independently before trading.
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. It provides construction loans, including residential, and land acquisition and development loans; commercial real estate loans; business loans; consumer loans, such as personal loans, automobile loans, deposit account loans, installment and demand loans, and home equity loans; residential mortgage loans; credit cards; dealer finance; farmland loans; multi-family loans; and commercial and industrial loans. In addition, the company offers brokerage services and commercial and personal insurance products. Further, it originates conventional and government agency sponsored mortgages; and offers title insurance and real estate settlement services. The company was founded in 1908 and is headquartered in Timberville, Virginia.
F&M Bank Corp. Reports Second Quarter 2026 Earnings and Quarterly Dividend
F&M Bank Corp. reported strong Q2 2026 earnings with net income of $5.37 million, or $1.50 per diluted share, representing an 81% increase from the prior year. Net interest income rose 17% year-over-year to $12.33 million, supported by loan growth and a shift to lower-cost deposits, while net interest margin expanded to 3.79%.
The Board of Directors declared a quarterly dividend of $0.26 per share, payable on August 28, 2026, which yields 2.63% on an annualized basis at current prices.
Asset quality improved significantly, with nonperforming assets falling 48% year-over-year to 0.28% of total assets and net charge-offs dropping to 0.06% of average loans.