F&M Bank Corp. Records Boost to Net Income With After-Tax Gain of $3.8 Million

The one-time gain resulted from the Company's investment in Richmond, Virginia-based Bearing Insurance Group, Inc., which was sold on April 30, 2026. TIMBERVILLE, VA / ACCESS Newswire / May 4, 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 reported that it has recorded a one-time, pre-tax gain of $4.8 million, resulting in after-tax net income of $3.8 million.