F&M Bank Corp. Reports Third Quarter 2026 Earnings and Quarterly Dividend
Key Highlights
- ➤Q3 net income $2.64 million, or $0.74 per diluted share, down from Q2’s $5.37 million
- ➤Nine-month net income $11.24 million, or $3.14 per diluted share, up from $8.34 million
- ➤Loans held for investment $970.2 million, up 9.47% from year-end 2025
- ➤Q3 provision for credit losses $1.53 million, up from $269,000 in Q2
- ➤Quarterly dividend $0.26 per share, payable November 30, 2026
Expert Statements
Mike Wilkerson, CEO of F&M Bank Corp.
“Our financial performance for 2026 continues to be strong,”
Mike Wilkerson, CEO of F&M Bank Corp.
“These results reflect a number of key factors: the F&M Team is extraordinary in their commitment, their efforts, and their energy in delivering exceptional customer service, expanding current relationships, and establishing new relationships. Their resolve has a meaningful impact on families, farmers, and businesses in the communities we serve. As a result, our diversified lines of business are all experiencing positive results year to date.”
Mike Wilkerson, CEO of F&M Bank Corp.
“Nine months ago, we began doing business in Warrenton and Fauquier County by hiring the right leader and initial team for this community. At the same time, we expanded our agricultural and commercial real estate lending and credit management capabilities across the F&M Bank footprint. We did so by making a strategic investment in exceptionally talented and experienced banking professionals who bring deep knowledge of the local market and outstanding expertise. Our impressive loan growth during third quarter 2026 is proof that talented, dedicated people make all the difference at a true community bank.”
Mike Wilkerson, CEO of F&M Bank Corp.
“As we serve and grow, our focus remains on safely and soundly creating sufficient, sustainable profit in order to meet the expectations of our shareholders.”
TIMBERVILLE, VA / ACCESS Newswire / October 28, 2026 / F&M Bank Corp. (the "Company" or "F&M"), (OTCQX:FMBM), the parent company of Farmers & Merchants Bank ("F&M Bank" or the "Bank"), today reports earnings for the three- and nine-month periods ended September 30, 2026.
Net income for third quarter 2026 was $2.64 million, or $0.74 per diluted share, compared to net income reported for second quarter 2026 of $5.37 million, or $1.50 per diluted share, and net income reported for third quarter 2025 of $2.92 million, or $0.82 per diluted share. For the nine-month period ended September 30, 2026, net income was $11.24 million, or $3.14 per diluted share, exceeding net income of $8.34 million, or $2.35 per diluted share, reported for the same period in 2025.
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