F&M Bank (FMBM) Asset Writedowns and Impairment (2020 - 2022)
F&M Bank (FMBM) posted quarterly Asset Writedowns and Impairment of $42012.0 for Q2 2022, down 96.37% year-over-year from $1.2 million in Q2 2021, and up 350200.0% quarter-over-quarter from -$12.0 in Q1 2022.
F&M Bank (FMBM) Asset Writedowns and Impairment (2020 - 2022) Analysis & Trends
F&M Bank's Asset Writedowns and Impairment history runs 3 years deep, the most recent figure standing at $42012.0 for Q2 2022.
- In Q2 2022, Asset Writedowns and Impairment fell 96.37% year-over-year to $42012.0; the TTM figure through Jun 2022 stood at $1.4 million (up 195.09% YoY), while the FY2023 annual figure was -$3.6 million, down 342.41% from the prior year.
- Asset Writedowns and Impairment for Q2 2022 stood at $42012.0, up from -$12.0 in the prior quarter.
- The five-year high for Asset Writedowns and Impairment was $1.2 million in Q2 2021, with the low at -$689000.0 in Q4 2020.
- The 3-year median for Asset Writedowns and Impairment is $30506.0 (2020), against an average of $241500.0.
- The sharpest annual moves came in 2021 and 2022: Asset Writedowns and Impairment soared 175.47% in 2021, then slumped 100.84% in 2022.
- F&M Bank's Asset Writedowns and Impairment stood at -$689000.0 in 2020, then jumped by 175.47% to $520000.0 in 2021, then tumbled by 91.92% to $42012.0 in 2022.
- Business Quant data shows FMBM's Asset Writedowns and Impairment at $42012.0 in Q2 2022, -$12.0 in Q1 2022, and $520000.0 in Q4 2021.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - |
| 6 | Deutsche Bank Aktiengesellschaft | 72.22 Bn | -81.10 Bn | - |
| 7 | Nu Holdings | 70.34 Bn | 56.66 Bn | 2.35 Bn |
| 8 | Truist Financial | 61.75 Bn | 61.75 Bn | - |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - |
| 10 | F&M Bank | 141.10 Mn | 154.18 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2022 | 42,012.00 |
| Jun 30, 2022 | 42,012.00 |
| Mar 31, 2022 | -12.00 |
| Mar 31, 2022 | -12.00 |
| Dec 31, 2021 | 520,000.00 |
| Dec 31, 2021 | 520,000.00 |
| Sep 30, 2021 | 881,000.00 |
| Sep 30, 2021 | 881,000.00 |
| Jun 30, 2021 | 1.16 Mn |
| Jun 30, 2021 | 1.16 Mn |
| Mar 31, 2021 | 1,433.00 |
| Mar 31, 2021 | 1,433.00 |
| Dec 31, 2020 | -689,000.00 |
| Dec 31, 2020 | -689,000.00 |
| Mar 31, 2020 | 19,000.00 |
| Mar 31, 2020 | 19,000.00 |