SequelSEC

F&M BANK CORP FMBM

State Commercial Banks · CIK 0000740806 · Fiscal year ends 1231 · Bank

AnnualQuarterlyTTM
Revenue
$96.00K
Fiscal year ended 2023-09-30
Net income
$1.02M
Fiscal year ended 2023-09-30
Total assets
$1.28B
Fiscal year ended 2023-09-30

Valuation, from the filing

Public float$66.33MMarket value of stock held by non-affiliates, as stated on the cover page for 2025-06-30
Float per share$18.64Float divided by shares outstanding in the same filing. A floor under the share price on that date, not the price itself.
Float / net income5.9×A lower bound on the multiple, because affiliate holdings are excluded.
Float / equity0.6×A lower bound on the multiple, because affiliate holdings are excluded.

Every figure here is drawn from the 10-K cover page and the statements behind it, so each one traces to a filing. Public float counts only stock held by non-affiliates, which makes these floors rather than estimates: a high multiple is conclusive, a low one may mean cheap or may mean closely held. The float was measured on 2025-06-30, not today, and each multiple below it uses the figures for the fiscal year ending 2025-12-31 — the year that filing covered.

Valuation over time

5.9× earnings today, against a median of 8.7× across 10 years on record. Below its own history.

Float measuredPublic floatFloat / net income
2025-06-30$66.33M5.9×
2024-06-30$50.85M7.0×
2023-06-30$61.84M22.3×
2022-06-30$89.37M10.7×
2021-06-30$85.67M8.0×
2020-06-30$55.06M6.2×
2019-06-30$79.62M17.2×
2018-06-30$111.27M12.6×
2017-06-30$85.62M9.5×
2016-06-30$67.51M7.1×

Each float is paired with the fiscal year the filing that stated it covers. Only years where the company reported positive net income appear, because a multiple against a loss is not a multiple.

How this compares in its industry

Percentile among the State Commercial Banks filers on this site, highest value first. A high percentile means a large figure, which is good for a margin and not for leverage — the ranking says where the company sits, not whether that is where it should be.

MeasureReportedPercentile
Effective tax rate13.5%6th
Long-term debt / equity0.10x26th

F&M BANK CORP (FMBM) reported revenue of $96.00K and net income of $1.02M for the fiscal year ended 2023-09-30. This page shows 6 annual periods of income statement, balance sheet and cash flow figures normalized from F&M BANK CORP’s SEC filings, each linked to the filing it came from. It is classified by the SEC under State Commercial Banks.

Banks, brokers and insurers present a top line that is not comparable with an operating company’s revenue: it is reported net of interest expense, or as premiums earned, depending on the filer. The figures are the filer’s own and are traceable to the filing; the comparison across classes is what does not hold.

Income

F&M BANK CORP income by fiscal year, in US dollars, normalized from SEC filings.
Metric2023-09-302023-06-302023-03-312022-09-302022-06-302022-03-31
Revenue$96.00K$38.00K$28.00K$102.95M$0$54.00K
Cost of revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Gross profitUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Operating incomeUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Net income$1.02M$241.00K$1.06M$2.30M$1.79M$2.53M
Research & developmentUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Weighted-average diluted sharesUnavailableUnavailableUnavailableshares 3.45Mshares 3.45Mshares 3.43M
Pretax income$974.00K-$190.00K$1.00M$2.54M$1.92M$2.44M
Income tax expense-$44.00K-$431.00K-$51.00K$237.00K$131.00K-$88.00K
Diluted EPSUnavailableUnavailableUnavailable$0.67$0.51$0.74
Selling, general & administrativeUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
General & administrativeUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Selling & marketingUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Balance

F&M BANK CORP balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2023-09-302023-06-302023-03-312022-09-302022-06-302022-03-31
Cash & equivalentsUnavailableUnavailable$31.27M$30.31M$17.25M$48.38M
Total assets$1.28B$1.28B$1.25B$1.24B$1.23B$1.24M
Current assetsUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Total liabilities$1.22B$1.21B$1.18B$1.17B$1.16B$1.15M
Current liabilitiesUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Total equity incl. NCI$67.02M$72.19M$72.64M$65.68M$71.95M$87.98M
Temporary (mezzanine) equityUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
InventoryUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Accounts receivableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Goodwill$3.08M$3.08M$3.08M$3.08M$3.08M$3.08K
Long-term debtUnavailableUnavailableUnavailable$6.88M$11.79M$21.78K
Accounts payableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Cash flow

F&M BANK CORP cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2023-09-302023-06-302023-03-312022-09-302022-06-302022-03-31
Operating cash flow$2.23M$873.00K-$3.23M$10.48M$8.56M$10.26M
Capital expenditures$108.00K$4.58M$684.00K$303.00K$513.00K$1.90M
Investing cash flow-$25.54M-$18.70M-$6.52M-$8.77M-$46.76M-$81.25M
Financing cash flow$8.97M$23.06M$6.07M$11.35M$7.08M$31.25M
Net change in cashUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Stock-based compensation$61.00K$68.00K$64.00K$61.00K$58.00K$17.00K
Common dividends paidUnavailableUnavailableUnavailable$903.00KUnavailableUnavailable
Common share repurchasesUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Depreciation & amortization$293.00K$389.00K$276.00K$271.00K$279.00K$283.00K

Derived

F&M BANK CORP derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2023-09-302023-06-302023-03-312022-09-302022-06-302022-03-31
Free cash flow$2.12M-$3.71M-$3.91M$10.18M$8.05M$8.35M
Gross marginUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Operating marginUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
FCF margin2210.4%-9763.2%-13978.6%9.9%Unavailable15464.8%
SBC / revenueUnavailableUnavailableUnavailable0.1%Unavailable31.5%
Current ratioUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Revenue YoY growth-99.9%Unavailable-48.1%UnavailableUnavailableUnavailable
Net marginUnavailableUnavailableUnavailable2.2%Unavailable4681.5%
R&D / revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
CapEx / revenueUnavailableUnavailableUnavailable0.3%Unavailable3525.9%
Long-term debt / equityUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Effective tax rate-4.5%Unavailable-5.1%9.3%6.8%-3.6%

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open FMBM in the interactive workspace to inspect any figure back to its filing.

Source filings

10-Q · Filed 2026-08-13View SEC filing
10-Q · Filed 2026-05-13View SEC filing
10-K · Filed 2026-03-27View SEC filing
10-Q · Filed 2025-11-13View SEC filing
10-Q · Filed 2025-08-14View SEC filing
10-Q · Filed 2025-05-15View SEC filing

Companies in the same industry

ABCB ACNB ALLY AMAL ASB AUB AUBN AVBH BAFN BANR BCML BFST

Reconciliation checks needing review

1 period on this page do not reconcile under this site’s normalization. Read that as a limitation here before an observation about the company: the figures are the filer’s own, the filings linked above are authoritative, and a difference usually means the concepts this site selected do not match how this filer presents its statements. Nothing is adjusted to make a check pass.

balance equationreview2022-03-31

Difference 87897015 exceeds tolerance 1000000. Presentation or filing-vintage differences need review.