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Home > Company Index > Banking > Banking - Mid-Atlantic > F&M National Corporation
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F&M National Corporation |
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NEWS FROM THE WIRES |
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BB&T quarterly profits rise 16 percent Jul 12 2001 04:50 AM PDT
> More WIRE STORIES about this company
PROFILE |
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F&M National owns nearly 20 banks operating more than 140 bank branches and some 20 mortgage, trust services, and insurance offices in Virginia, West Virginia, and Maryland. Targeting individuals and businesses, the banks offer such standard retail services as checking and savings accounts, money market accounts, and CDs; insurance, securities, and annuities are also available. Lending activities consist mostly of residential and commercial mortgages, which each account for almost 30% of the loan portfolio, as well as consumer and commercial loans. Subsidiary F&M Trust provides trust services; other subsidiaries of the banks offer mortgage processing and credit counseling. BB&T plans to acquire F&M National.
COMPETITION |
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BB&T Corporation (BBT)
First Union Corporation (FTU)
First Virginia Banks, Inc. (FVB)
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STOCK ANALYSIS |
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FURTHER ANALYSIS
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FINANCIAL OVERVIEW |
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Fiscal Year-End: December
2000 Sales (mil.): 293.70
1-Yr. Sales Growth: 16.6%
Employees: 1,830
Revenue per employee: $160,491.80
KEY PEOPLE |
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Alfred B. Whitt
CEO
Alfred B. Whitt
CFO
CONTACT INFO |
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9 Court Sq.
Winchester, VA 22601
US
Phone: 540-665-4200
Fax: 540-665-4227
Online: Web Site
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Hoover's Company Capsule
Copyright © 2001, Hoover's Inc. Austin, Texas.
For changes and updates, contact Hoover's directly.
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