StockWatch
·
State Commercial Banks
Quarterly ResultJul 30, 2026, 02:41 PM

F&M Bank Corp. Q2 Net Income $5.37M, EPS $1.50; Declares $0.26 Dividend

AI Summary

F&M Bank Corp. reported strong second quarter 2026 net income of $5.37 million, or $1.50 per diluted share, significantly up from the prior year. The results include a net pre-tax gain of $1.3 million from the sale of Bearing Insurance and a bond portfolio restructuring. The company also declared a quarterly dividend of $0.26 per share.

Key Highlights

  • Net income for Q2 2026 was $5.37 million, up 81.05% from Q2 2025.
  • Diluted EPS for Q2 2026 was $1.50, an 81.05% increase year-over-year.
  • Net interest margin grew to 3.79% from 3.48% in Q2 2025.
  • Total assets reached $1.40 billion, up 1.76% from December 31, 2025.
  • Nonperforming assets decreased 48.46% year-over-year to $3.95 million.
  • Book value per share increased 18.83% year-over-year to $31.56.
  • Declared a quarterly dividend of $0.26 per share.