F&M Bank Q3 2026 net income falls 51% quarter-on-quarter to $2.64 million

Bitget2026/10/29 14:44

By:Bitget

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F&M Bank’s third-quarter 2026 net income fell 10% year over year to $2.64 million.
Net interest income rose 17% year over year to $12.29 million, primarily driven by loan growth.
Credit-loss provisions more than doubled year over year to $1.53 million, reflecting loan growth and updates to qualitative allowance-model factors.
Loans held for investment climbed 9% from year-end 2025 to $970.2 million at September 30, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. F&M Bank Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001654954-26-009217), on October 29, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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F&M Bank Q3 2026 net income falls 51% quarter-on-quarter to $2.64 million

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