F&M Bank Corp. has released its earnings report for the third quarter of 2026, indicating a decline in net income compared to the previous quarter. The bank reported net income of $2.64 million, or $0.74 per diluted share, down from $5.37 million in the second quarter. However, the bank's total assets and loans have shown significant growth, reflecting its ongoing operational expansion.

On October 28, 2026, F&M Bank Corp. announced its financial results for the quarter and nine months ended September 30, 2026. The results are significant as they provide insight into the bank's performance in a competitive environment for state commercial banks.

Background

F&M Bank Corp., based in Timberville, Virginia, operates under the SIC code 6022, which designates it as a state commercial bank. The company trades on the OTC market with the ticker symbol FMBM. F&M has been actively filing reports, including a recent 8-K on October 29, 2026, detailing its financial performance.

What the Filing Says

The filing indicates that for the nine-month period ending September 30, 2026, F&M Bank Corp. reported a net income of $11.24 million, or $3.14 per diluted share, which is an increase from $8.34 million, or $2.35 per diluted share, during the same period in 2025. The bank's total assets reached $1.4 billion, with total loans held for investment amounting to $970.2 million and total deposits of $1.28 billion. This reflects growth of 3.33% in total assets and 9.47% in total loans compared to the end of 2025.

Impact

The results may affect various stakeholders, including shareholders and customers, as the bank continues to focus on expanding its services and maintaining strong financial health. The increase in total loans and assets indicates a robust operational strategy, which may enhance customer trust and loyalty.

What's Next

The filing does not say what happens next.