F&M Bank Corp. Reports Third Quarter 2024 Earnings and Quarterly Dividend [Yahoo! Finance]
F & M BANK CORP (FMBM)
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Source: Yahoo! Finance
TIMBERVILLE, VA / ACCESSWIRE / November 8, 2024/ F&M Bank Corp. (the "Company" or "F&M"), (OTCQX:FMBM), the parent company of Farmers & Merchants Bank ("F&M Bank" or the "Bank"), today reported results for the quarter and nine months ended September 30, 2024. Net income was $792,000 or $0.23 per share for the quarter ended September 30, 2024, compared to $3.0 million or $0.86 per share for the linked quarter ended June 30, 2024, and compared to $1.0 million or $0.29 per share for the prior year quarter ended September 30, 2023. For the nine months ended September 30, 2024, net income was $5.0 million or $1.44 per share, surpassing net income of $2.3 million, or $0.67 per share, for the same period in 2023. Net income for both the quarter and nine months ended September 30, 2024, was impacted by two after-tax, one-time expenses-a $152,000 severance expense for a former bank officer and a $582,000 expense related to an external fraud event-totaling $734,000. Exclusive of the one-ti
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News
- F & M Bank declares $0.26 dividend [Seeking Alpha]Seeking Alpha
- F&M Bank Corp. Reports Third Quarter 2024 Earnings and Quarterly DividendAccesswire
- The F&M Bank Corp. Board of Directors Has Appointed Neil A. Houff As A Member of the BoardAccesswire
- F&M's Annual Ohio and Indiana Golf Classics Raise $53,000 for Local Charities [Yahoo! Finance]Yahoo! Finance
FMBM
Sec Filings
- 11/19/24 - Form 4
- 11/14/24 - Form SC
- 11/14/24 - Form 10-Q
- FMBM's page on the SEC website