F & M Bank Corp. (FMBM)
OTHER OTC:FMBM
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F & M Bank
(OTC:FMBM)
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Rating:67Neutral
Price Target:
$33.00
▲(12.86% Upside)
Action:DowngradedDate:03/28/26
The score is primarily supported by attractive valuation (low P/E and solid dividend yield) and strong recent profitability with a conservatively levered latest balance sheet. These positives are tempered by weak reported TTM cash flow (operating/FCF at $0) and soft near-term technical momentum (negative MACD, below short-term moving averages).
Positive Factors
Conservative leverage
Very low TTM debt-to-equity (~0.09) and improved ROE (~11%) provide a durable capital cushion. Conservatively levered balance sheets increase resilience to credit losses, preserve lending capacity, and give management flexibility to support growth, dividends, or absorb shocks over months.
Negative Factors
Weak cash generation
Reported TTM operating and free cash flow at zero creates uncertainty around earnings quality and real cash availability. Poor cash conversion limits the bank's ability to self-fund loan growth, dividends, or loss absorption without increasing borrowings or relying on volatile deposit mixes.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative leverage
Very low TTM debt-to-equity (~0.09) and improved ROE (~11%) provide a durable capital cushion. Conservatively levered balance sheets increase resilience to credit losses, preserve lending capacity, and give management flexibility to support growth, dividends, or absorb shocks over months.
Read all positive factors
F & M Bank (FMBM) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$109.00M
Dividend Yield3.66%
Average Volume (3M)4.39K
Price to Earnings (P/E)9.1
Beta (1Y)-0.13
Revenue Growth6.78%
EPS Growth91.98%
CountryUS
Employees170
SectorFinancial
Sector Strength70
IndustryBanks - Regional
Share Statistics
EPS (TTM)0.81
Shares Outstanding3,557,495
10 Day Avg. Volume3,007
30 Day Avg. Volume4,392
Financial Highlights & Ratios
PEG Ratio0.17
Price to Book (P/B)0.98
Price to Sales (P/S)1.30
P/FCF Ratio6.48
Enterprise Value/Market Cap0.92
Enterprise Value/Revenue1.32
Enterprise Value/Gross Profit2.03
Enterprise Value/Ebitda4.71
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
F & M Bank Business Overview & Revenue Model
Company Description
F & M Bank Corp. operates as the bank holding company for Farmers & Merchants Bank that provides commercial banking services in Virginia. The company offers commercial and individual demand and time deposit accounts, savings accounts, checking acc...
How the Company Makes Money
F & M Bank primarily makes money through (1) net interest income and (2) noninterest income. Net interest income is earned from the spread between interest and fees collected on loans and investment securities and the interest paid on funding sour...
F & M Bank Financial Statement Overview
Summary
Income Statement
78
Positive
Balance Sheet
84
Very Positive
Cash Flow
34
Negative
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 78.92M | 74.91M | 66.09M | 52.94M | 46.63M |
| Gross Profit | 50.00M | 42.01M | 40.36M | 44.83M | 45.15M |
| EBITDA | 14.26M | 9.33M | 3.37M | 9.94M | 13.30M |
| Net Income | 11.23M | 7.29M | 2.77M | 8.32M | 10.74M |
Balance Sheet | |||||
| Total Assets | 1.37B | 1.30B | 1.29B | 1.25B | 1.22B |
| Cash, Cash Equivalents and Short-Term Investments | 67.84M | 58.03M | 19.79M | 410.71M | 415.34M |
| Total Debt | 10.79M | 6.97M | 66.93M | 76.89M | 21.77M |
| Total Liabilities | 1.27B | 1.22B | 1.22B | 1.18B | 1.12B |
| Stockholders Equity | 104.79M | 86.14M | 78.32M | 70.79M | 100.46M |
Cash Flow | |||||
| Free Cash Flow | 15.78M | 7.21M | -3.06M | 13.93M | 20.72M |
| Operating Cash Flow | 16.50M | 7.49M | 2.40M | 17.57M | 21.28M |
| Investing Cash Flow | -53.86M | 27.22M | -50.20M | -125.57M | -243.70M |
| Financing Cash Flow | 49.25M | -1.47M | 36.57M | 54.83M | 232.13M |
F & M Bank Technical Analysis
Positive
29.24
Price Trends
31.12
Negative
29.53
Positive
26.74
Positive
Market Momentum
-0.15
Positive
46.45
Neutral
77.78
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FMBM, the sentiment is Positive. The current price of 29.24 is below the 20-day moving average (MA) of 30.66, below the 50-day MA of 31.12, and above the 200-day MA of 26.74, indicating a neutral trend. The MACD of -0.15 indicates Positive momentum. The RSI at 46.45 is Neutral, neither overbought nor oversold. The STOCH value of 77.78 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FMBM.
F & M Bank Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
67 Neutral | $109.00M | 9.11 | 11.45% | 3.66% | 6.78% | 91.98% | |
66 Neutral | $82.70M | 12.98 | 8.27% | 4.16% | 24.17% | 739.42% | |
63 Neutral | $121.17M | 15.00 | 6.26% | 2.12% | 2.27% | 66.15% | |
60 Neutral | $120.33M | 18.92 | 2.98% | 1.51% | 8.77% | 369.81% | |
51 Neutral | $84.53M | -25.99 | -2.75% | 2.86% | 0.84% | ― |
* Financial Sector Average
FMBM
F & M Bank
30.64
12.30
67.08%
AUBN
Auburn National Bancorporation
23.67
4.15
21.27%
LSBK
Lake Shore Bancorp
15.70
5.55
54.66%
PBHC
Pathfinder Bancorp
13.51
-1.43
-9.55%
RVSB
Riverview Bancorp
5.81
0.11
2.02%
F & M Bank Corporate Events
Executive/Board Changes
F&M Bank Adds Bret Harrison to Board of Directors
Neutral
Feb 9, 2026
On January 27, 2026, FM Bank Corp. appointed Bret V. Harrison, president and chief executive officer of ComSonics in Harrisonburg, Virginia, to its board of directors, with his term running until the next annual meeting of shareholders, and simult...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.