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F & M Bank Updates Executive Employment and Severance Agreements

Story Highlights
  • On December 16, 2025, F & M Bank renewed and updated executive employment contracts.
  • New agreements raise pay, define robust severance, and reinforce 18‑month non-compete protections.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
F & M Bank Updates Executive Employment and Severance Agreements

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F & M Bank ( (FMBM) ) has issued an announcement.

On December 16, 2025, F & M Bank Corp. and Farmers & Merchants Bank entered into amended and restated employment agreements with CEO Aubrey Michael Wilkerson, President Barton E. Black and Executive Vice President and CFO Lisa F. Campbell, setting new one-year terms that automatically renew annually unless either party gives notice. The agreements establish revised base salaries of $375,950 for Wilkerson, $329,250 for Black and $292,500 for Campbell, maintain eligibility for executive bonus and benefit plans, and put in place detailed severance and welfare continuance arrangements in the event of termination without cause or for good reason, including enhanced cash payouts and extended benefit-equivalent payments following a change of control, while reaffirming 18‑month post-employment non-compete and non-solicitation covenants that underscore the bank’s emphasis on leadership continuity and protection of confidential information.

The most recent analyst rating on (FMBM) stock is a Hold with a $29.00 price target. To see the full list of analyst forecasts on F & M Bank stock, see the FMBM Stock Forecast page.

Spark’s Take on FMBM Stock

According to Spark, TipRanks’ AI Analyst, FMBM is a Neutral.

F & M Bank’s overall stock score reflects a balance of mixed financial performance and strong technical indicators. The stock’s valuation is attractive, supported by a reasonable P/E ratio and a solid dividend yield. The absence of earnings call and corporate events data limits further insights.

To see Spark’s full report on FMBM stock, click here.

More about F & M Bank

F & M Bank Corp., through its wholly owned subsidiary Farmers & Merchants Bank, operates as a regional banking institution, providing a range of banking and financial services to individuals and businesses. The company’s leadership structure centers on a traditional community bank model, with a focus on stable executive management and competitive compensation and benefits to support its long-term operational and strategic goals.

Average Trading Volume: 5,372

Technical Sentiment Signal: Buy

Current Market Cap: $99.41M

Find detailed analytics on FMBM stock on TipRanks’ Stock Analysis page.

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