F & M Bk Corp Financials

FMBM

Source SEC Filings (10-K/10-Q) Updated Sep 30, 2025 Currency USD FYE December

This page shows F & M Bk Corp (FMBM) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 16 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Financial Profile 65/100

Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores

Growth

F & M Bk Corp's revenue grew 14.3% year-over-year to $64.5M, a solid pace of expansion. This earns a growth score of 69/100.

Leverage

100

F & M Bk Corp carries a low D/E ratio of 0.08, meaning only $0.08 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 100/100, indicating a strong balance sheet with room for future borrowing.

Cash Flow

F & M Bk Corp has a free cash flow margin of 11.2%, earning a moderate score of 56/100. The company generates positive cash flow after capital investments, but with room for improvement.

Returns

F & M Bk Corp's ROE of 8.5% shows moderate profitability relative to equity, earning a score of 34/100. This is up from 3.5% the prior year.

Piotroski F-Score Neutral

5/9

F & M Bk Corp passes 5 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.

Earnings Quality Cash-Backed

1.03x

For every $1 of reported earnings, F & M Bk Corp generates $1.03 in operating cash flow ($7.5M OCF vs $7.3M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Revenue

$64.5M

YoY+14.3%

5Y CAGR+11.0%

10Y CAGR+9.2%

F & M Bk Corp generated $64.5M in revenue in fiscal year 2024. This represents an increase of 14.3% from the prior year.

EBITDA

N/A

Free Cash Flow

$7.2M

YoY+319.2%

5Y CAGR-11.1%

10Y CAGR-0.8%

F & M Bk Corp generated $7.2M in free cash flow in fiscal year 2024, representing cash available after capex. This represents an increase of 319.2% from the prior year.

Net Income

$7.3M

YoY+162.9%

5Y CAGR+9.4%

10Y CAGR+2.2%

F & M Bk Corp reported $7.3M in net income in fiscal year 2024. This represents an increase of 162.9% from the prior year.

EPS (Diluted)

$2.07

YoY+158.7%

5Y CAGR+9.8%

10Y CAGR+1.4%

F & M Bk Corp earned $2.07 per diluted share (EPS) in fiscal year 2024. This represents an increase of 158.7% from the prior year.

Cash & Debt

$56.5M

YoY+138.3%

5Y CAGR-5.7%

10Y CAGR+9.3%

F & M Bk Corp held $56.5M in cash against $7.0M in long-term debt as of fiscal year 2024.

Dividends Per Share

$1.04

YoY+0.0%

5Y CAGR+0.4%

10Y CAGR+4.3%

F & M Bk Corp paid $1.04 per share in dividends in fiscal year 2024. This represents an increase of 0.0% from the prior year.

Shares Outstanding

YoY+1.1%

5Y CAGR+1.9%

10Y CAGR+0.7%

F & M Bk Corp had 4M shares outstanding in fiscal year 2024. This represents an increase of 1.1% from the prior year.

Gross Margin

N/A

Operating Margin

N/A

Net Margin

11.3%

YoY+6.4pp

5Y CAGR-0.8pp

10Y CAGR-10.5pp

F & M Bk Corp's net profit margin was 11.3% in fiscal year 2024, showing the share of revenue converted to profit. This is up 6.4 percentage points from the prior year.

Return on Equity

8.5%

YoY+4.9pp

5Y CAGR+3.4pp

10Y CAGR+0.9pp

F & M Bk Corp's ROE was 8.5% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is up 4.9 percentage points from the prior year.

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

$282K

YoY-94.8%

5Y CAGR-34.7%

10Y CAGR-6.4%

F & M Bk Corp invested $282K in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents a decrease of 94.8% from the prior year.

FMBM Income Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Revenue	$64.5M+14.3%	$56.4M+33.9%	$42.1M+18.4%	$35.6M-3.3%	$36.8M-3.7%	$38.2M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$33.9M+37.6%	$24.7M+240.4%	$7.2M+68.4%	$4.3M-24.9%	$5.7M-16.0%	$6.8M
Income Tax	$638K+185.5%	-$746K-255.4%	$480K-63.7%	$1.3M+15.8%	$1.1M+556.8%	-$250K
Net Income	$7.3M+162.9%	$2.8M-66.7%	$8.3M-22.5%	$10.7M+20.7%	$8.9M+91.7%	$4.6M
EPS (Diluted)	$2.07+158.7%	$0.80-66.8%	$2.41-22.8%	$3.12+21.9%	$2.56+96.9%	$1.30

Metric	Q3'26	Q2'25	Q1'25	Q4'23	Q3'24	Q2'24	Q1'23	Q4'22
Revenue	$17.1M+1.4%	$16.8M+3.4%	$16.3M-42.2%	$28.1M+92.8%	$14.6M+7.1%	$13.6M+48592.9%	$28K-99.9%	$21.1M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$6.6M+4.3%	$6.3M-7.8%	$6.8M-3.0%	$7.0M+6.1%	$6.6M+13.2%	$5.9M+13.8%	$5.1M+53.5%	$3.4M
Income Tax	$445K-2.2%	$455K+9.9%	$414K+288.2%	-$220K-400.0%	-$44K+89.8%	-$431K-745.1%	-$51K-125.5%	$200K
Net Income	$2.9M-1.4%	$3.0M+20.7%	$2.5M+437.6%	$457K-55.1%	$1.0M+322.4%	$241K-77.2%	$1.1M-37.8%	$1.7M
EPS (Diluted)	$0.82-2.4%	$0.84+20.0%	$0.70	N/A	N/A	N/A	$0.74+51.0%	$0.49

FMBM Balance Sheet

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Total Assets	$1.3B+0.6%	$1.3B+3.9%	$1.2B+2.2%	$1.2B+26.1%	$966.9M+18.8%	$814.0M
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$56.5M+138.3%	$23.7M-32.1%	$35.0M-60.3%	$88.1M+12.4%	$78.4M+3.4%	$75.8M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	$4.9M-1.9%	$5.0M+26.0%	$4.0M+28.2%	$3.1M+14.3%	$2.7M+33.4%	$2.0M
Goodwill	$3.1M0.0%	$3.1M0.0%	$3.1M0.0%	$3.1M+6.9%	$2.9M0.0%	$2.9M
Total Liabilities	$1.2B0.0%	$1.2B+3.5%	$1.2B+5.0%	$1.1B+28.4%	$871.3M+20.6%	$722.4M
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	$7.0M+0.6%	$6.9M+0.6%	$6.9M-68.4%	$21.8M-34.4%	$33.2M-37.6%	$53.2M
Total Equity	$86.1M+10.0%	$78.3M+10.6%	$70.8M-29.5%	$100.5M+5.0%	$95.6M+4.4%	$91.6M
Retained Earnings	$84.7M+4.5%	$81.0M-2.5%	$83.1M+6.0%	$78.3M+10.0%	$71.2M+7.9%	$66.0M

Metric	Q3'26	Q2'25	Q1'25	Q4'23	Q3'24	Q2'24	Q1'23	Q4'22
Total Assets	$1.4B+3.5%	$1.3B0.0%	$1.3B+1.4%	$1.3B+0.9%	$1.3B+0.3%	$1.3B+2.0%	$1.3B+0.6%	$1.2B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$83.9M+77.6%	$47.3M-47.2%	$89.5M+277.2%	$23.7M+7.0%	$22.2M-39.3%	$36.5M+16.7%	$31.3M-10.5%	$35.0M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	$4.9M-4.5%	$5.2M+4.2%	$5.0M-1.5%	$5.0M	N/A	N/A	N/A	$4.0M
Goodwill	$3.1M0.0%	$3.1M0.0%	$3.1M0.0%	$3.1M0.0%	$3.1M0.0%	$3.1M0.0%	$3.1M0.0%	$3.1M
Total Liabilities	$1.3B+3.2%	$1.2B-0.3%	$1.2B+0.4%	$1.2B+0.1%	$1.2B+0.8%	$1.2B+2.2%	$1.2B+0.4%	$1.2B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	$7.0M+0.1%	$7.0M+0.1%	$7.0M+0.8%	$6.9M	N/A	N/A	$22K-99.7%	$6.9M
Total Equity	$101.5M+7.1%	$94.7M+3.8%	$91.3M+16.6%	$78.3M+16.9%	$67.0M-7.2%	$72.2M-0.6%	$72.6M+2.6%	$70.8M
Retained Earnings	$90.2M+2.3%	$88.2M+2.4%	$86.2M+6.4%	$81.0M-0.5%	$81.5M+0.1%	$81.4M-0.8%	$82.0M-1.3%	$83.1M

FMBM Cash Flow Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Operating Cash Flow	$7.5M+245.9%	$2.2M-87.7%	$17.6M-17.4%	$21.3M+1051.6%	$1.8M-88.0%	$15.4M
Capital Expenditures	$282K-94.8%	$5.5M+49.7%	$3.6M+546.9%	$563K-24.1%	$742K-68.8%	$2.4M
Free Cash Flow	$7.2M+319.2%	-$3.3M-123.6%	$13.9M-32.8%	$20.7M+1773.2%	$1.1M-91.5%	$13.0M
Investing Cash Flow	$27.2M+154.5%	-$50.0M+60.2%	-$125.6M+48.5%	-$243.7M-71.5%	-$142.1M-761.3%	$21.5M
Financing Cash Flow	-$1.5M-104.0%	$36.6M-33.3%	$54.8M-76.4%	$232.1M+62.5%	$142.9M+409.8%	$28.0M
Dividends Paid	N/A	N/A	N/A	N/A	-$3.3M-1.7%	-$3.3M
Share Buybacks	N/A	N/A	N/A	N/A	-$473K	N/A

Metric	Q3'26	Q2'25	Q1'25	Q4'23	Q3'24	Q2'24	Q1'23	Q4'22
Operating Cash Flow	$7.0M+246.7%	$2.0M-63.2%	$5.5M+140.7%	$2.3M+2.8%	$2.2M+155.4%	$873K+127.0%	-$3.2M+72.4%	-$11.7M
Capital Expenditures	$113K-16.9%	$136K+3.8%	$131K+67.9%	$78K-27.8%	$108K-97.6%	$4.6M+570.0%	$684K-25.8%	$922K
Free Cash Flow	$6.9M+265.7%	$1.9M-64.9%	$5.4M+143.3%	$2.2M+4.3%	$2.1M+157.2%	-$3.7M+5.2%	-$3.9M+69.0%	-$12.6M
Investing Cash Flow	-$8.2M+79.5%	-$39.8M-270.1%	$23.4M+2860.3%	$791K+103.1%	-$25.5M-36.6%	-$18.7M-186.8%	-$6.5M-158.1%	$11.2M
Financing Cash Flow	$37.8M+959.8%	-$4.4M-209.3%	$4.0M+364.0%	-$1.5M-117.0%	$9.0M-61.1%	$23.1M+279.9%	$6.1M+17.8%	$5.2M
Dividends Paid	$925K-0.2%	$927K+1.1%	$917K	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

FMBM Financial Ratios

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	11.3%+6.4pp	4.9%-14.8pp	19.7%-10.4pp	30.2%+6.0pp	24.2%+12.0pp	12.1%
Return on Equity	8.5%+4.9pp	3.5%-8.2pp	11.8%+1.1pp	10.7%+1.4pp	9.3%+4.2pp	5.1%
Return on Assets	0.6%+0.4pp	0.2%-0.5pp	0.7%-0.2pp	0.9%-0.0pp	0.9%+0.3pp	0.6%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	0.080.0	0.090.0	0.10-0.1	0.22-0.1	0.35-0.2	0.58
FCF Margin	11.2%+17.0pp	-5.8%-38.9pp	33.1%-25.2pp	58.2%+55.2pp	3.0%-31.0pp	34.0%

Metric	Q3'26	Q2'25	Q1'25	Q4'23	Q3'24	Q2'24	Q1'23	Q4'22
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	17.2%-0.5pp	17.6%+2.5pp	15.1%+13.5pp	1.6%-5.3pp	7.0%+5.2pp	1.8%-3766.1pp	3767.9%+3759.8pp	8.1%
Return on Equity	2.9%-0.3pp	3.1%+0.4pp	2.7%+2.1pp	0.6%-0.9pp	1.5%+1.2pp	0.3%-1.1pp	1.5%-0.9pp	2.4%
Return on Assets	0.2%0.0pp	0.2%+0.0pp	0.2%+0.1pp	0.0%-0.0pp	0.1%+0.1pp	0.0%-0.1pp	0.1%-0.1pp	0.1%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	0.070.0	0.070.0	0.08-0.0	0.09-18.0	18.13+1.4	16.71+0.5	16.25+16.2	0.10
FCF Margin	40.6%+29.3pp	11.3%-21.9pp	33.1%+25.3pp	7.9%-6.7pp	14.5%+41.7pp	-27.2%+13951.4pp	-13978.6%-13918.5pp	-60.0%

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Frequently Asked Questions

What is F & M Bk Corp's annual revenue?

F & M Bk Corp (FMBM) reported $64.5M in total revenue for fiscal year 2024. This represents a 14.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is F & M Bk Corp's revenue growing?

F & M Bk Corp (FMBM) revenue grew by 14.3% year-over-year, from $56.4M to $64.5M in fiscal year 2024.

Is F & M Bk Corp profitable?

Yes, F & M Bk Corp (FMBM) reported a net income of $7.3M in fiscal year 2024, with a net profit margin of 11.3%.

What is F & M Bk Corp's earnings per share (EPS)?

F & M Bk Corp (FMBM) reported diluted earnings per share of $2.07 for fiscal year 2024. This represents a 158.7% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

How much debt does F & M Bk Corp have?

As of fiscal year 2024, F & M Bk Corp (FMBM) had $56.5M in cash and equivalents against $7.0M in long-term debt.

What is F & M Bk Corp's net profit margin?

F & M Bk Corp (FMBM) had a net profit margin of 11.3% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.

Does F & M Bk Corp pay dividends?

Yes, F & M Bk Corp (FMBM) paid $1.04 per share in dividends during fiscal year 2024.

What is F & M Bk Corp's return on equity (ROE)?

F & M Bk Corp (FMBM) has a return on equity of 8.5% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.

What is F & M Bk Corp's free cash flow?

F & M Bk Corp (FMBM) generated $7.2M in free cash flow during fiscal year 2024. This represents a 319.2% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is F & M Bk Corp's operating cash flow?

F & M Bk Corp (FMBM) generated $7.5M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are F & M Bk Corp's total assets?

F & M Bk Corp (FMBM) had $1.3B in total assets as of fiscal year 2024, including both current and long-term assets.

What are F & M Bk Corp's capital expenditures?

F & M Bk Corp (FMBM) invested $282K in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.

How many shares does F & M Bk Corp have outstanding?

F & M Bk Corp (FMBM) had 4M shares outstanding as of fiscal year 2024.

What is F & M Bk Corp's debt-to-equity ratio?

F & M Bk Corp (FMBM) had a debt-to-equity ratio of 0.08 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is F & M Bk Corp's return on assets (ROA)?

F & M Bk Corp (FMBM) had a return on assets of 0.6% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

What is F & M Bk Corp's Piotroski F-Score?

F & M Bk Corp (FMBM) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are F & M Bk Corp's earnings high quality?

F & M Bk Corp (FMBM) has an earnings quality ratio of 1.03x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is F & M Bk Corp?

F & M Bk Corp (FMBM) scores 65 out of 100 on our Financial Profile, indicating strong overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.