Wed Sep 25 07:54:51 UTC 2024: ## F&M Bank Stock Surges, Breaking Above 50-Day Moving Average

**[City, State] – September 25, 2024** – F&M Bank Corp. (OTCMKTS:FMBM) experienced a positive surge in its share price on Tuesday, closing at $23.47, surpassing its 50-day moving average of $21.08. This upward trend signals a potential positive outlook for the company.

The stock’s volume traded at 560 shares, indicating increased investor activity. F&M Bank boasts a market cap of $82.59 million, a P/E ratio of 27.94, and a beta of 0.39, showcasing its financial standing.

The company’s recent financial performance is promising, with earnings per share reaching $0.86 in the last quarter reported on July 29th. This translates to a return on equity of 7.49% and a net margin of 8.00%, demonstrating sound financial management. F&M Bank recorded revenue of $11.19 million for the quarter.

F&M Bank Corp. operates as the bank holding company for Farmers & Merchants Bank, providing financial services to individuals and businesses in Virginia. The company offers a range of banking solutions, including deposit accounts, online and mobile banking services, and drive-in banking.

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**Disclaimer:** This news article is for informational purposes only and does not constitute financial advice.

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