<div><div></div><div><span><p><strong><span>F&amp;M Bank Corp recorded a one-time after-tax gain of $3.8 million from the sale of its investment in Bearing Insurance.</span></strong></p><p><strong><span>Key Highlights:</span></strong></p><ul><li><span>Recorded a one-time pre-tax gain of $4.8M and after-tax net income of $3.8M from the sale.</span></li><li><span>F&amp;M sold four Bearing Insurance units valued at $223,922 originally, receiving $5.1M in proceeds.</span></li><li><span>Sale closed April 30, 2026 after member and regulatory approvals; gain recognized in Q2 2026 as non-recurring.</span></li><li><span>Transaction increases estimated book and tangible book value per share by $1.07 based on 3,583,785 shares.</span></li></ul><p><span>Original SEC Filing: </span>F&amp;M BANK CORP [ FMBM ] - 8-K - May. 05, 2026</p><section><b><span class="heading-aHOVUrmQ">Disclaimer</span></b><div><span>This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.</span></div></section></span></div></div>

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<p>F&M Bank Corp reported a one-time after-tax gain of $3.8 million from selling its investment in Bearing Insurance. The sale, which closed on April 30, 2026, generated a pre-tax gain of $4.8 million and increased the estimated book value per share by $1.07. The transaction involved selling four Bearing Insurance units originally valued at $223,922 for $5.1 million in proceeds. The gain will be recognized in Q2 2026 as non-recurring, following necessary approvals.</p>

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F&M Bank Corp records $3.8M after-tax gain from Bearing Insurance sale