Farmers National Banc Corp., a financial holding company, operates in the banking, trust, retirement consulting, insurance, and financial management industries. It offers commercial and retail banking services, including checking, savings, and time deposit accounts; commercial, mortgage and installment, and home equity loans; home equity lines of credit, night depository, safe deposit box, money order, bank check, automated teller machine, Internet banking, travel card, E bond transaction, MasterCard and Visa credit cards, brokerage, and other services. The company also provides personal and corporate trust services in the areas of estate settlement, trust administration, and employee benefit plans; retirement services; property and casualty insurance products and services; and various insurance products through licensed representatives, as well as invests in municipal securities. It operates through forty locations in northeastern region of Ohio and one location in southwestern Pennsylvania. The company was founded in 1887 and is headquartered in Canfield, Ohio.
IPO Year:
Exchange: NASDAQ
Website: farmersbankgroup.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/21/2024 | $17.00 | Neutral | Piper Sandler |
| 2/23/2024 | Neutral | Piper Sandler | |
| 1/5/2024 | $18.00 | Mkt Perform → Outperform | Raymond James |
| 3/10/2023 | $14.00 | Neutral | Janney |
| 10/6/2022 | Outperform → Mkt Perform | Raymond James | |
| 10/5/2022 | $15.50 → $14.50 | Overweight → Neutral | Piper Sandler |
| 2/3/2022 | $21.00 → $20.00 | Outperform | Raymond James |
| 1/6/2022 | $20.00 → $21.00 | Outperform | Raymond James |
| 11/1/2021 | $18.00 → $20.00 | Outperform | Raymond James |
| 8/26/2021 | $19.00 → $18.00 | Outperform | Raymond James |
4 - FARMERS NATIONAL BANC CORP /OH/ (0000709337) (Issuer)
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4 - FARMERS NATIONAL BANC CORP /OH/ (0000709337) (Issuer)
4 - FARMERS NATIONAL BANC CORP /OH/ (0000709337) (Issuer)
167 consecutive quarters of profitability Strong commercial loan growth of $35.2 million, or 7.2% annualized, for the third quarter of 2024 Overall loan growth of $43.1 million, or 5.3% annualized, for the third quarter of 2024 Customer deposit growth of $81.1 million, or 7.7% annualized, for the third quarter of 2024 Strong growth in fee-based businesses Wealth management assets under management have grown to $4.0 billion at September 30, 2024 Farmers National Banc Corp. ("Farmers" or the "Company") (NASDAQ:FMNB) today announced net income of $8.5 million, or $0.23 per diluted share, for the quarter ended September 30, 2024, compared to $13.3 million, or $0.36 per diluted shar
On August 27, 2024, the Board of Directors of the Farmers National Banc Corp. (NASDAQ:FMNB) declared a quarterly cash dividend of $0.17 per share. The common stock cash dividend will have a record date of September 13, 2024, and is payable to shareholders on September 30, 2024. ABOUT FARMERS NATIONAL BANC CORP. Founded in 1887, Farmers National Banc Corp. is a diversified financial services company headquartered in Canfield, Ohio, with $5.2 billion in banking assets. Farmers National Banc Corp.'s wholly-owned subsidiaries are comprised of The Farmers National Bank of Canfield, a full-service national bank engaged in commercial and retail banking with 62 banking locations in Mahoning, Tr
Earnings per diluted share of $0.31 ($0.33 excluding certain items, non-GAAP) for the second quarter of 2024 166 consecutive quarters of profitability Sequential net interest margin stabilization and expansion Loan growth of $56.1 million, or 7.0% annualized, for the second quarter of 2024 Strong asset quality as non-performing loans to total loans were 0.40% at June 30, 2024 Farmers National Banc Corp. ("Farmers" or the "Company") (NASDAQ:FMNB) today announced net income of $11.8 million, or $0.31 per diluted share, for the three months ended June 30, 2024, compared to $15.0 million, or $0.40 per diluted share, for the three months ended June 30, 2023. Net income for the se
On May 21, 2024, the Board of Directors of the Farmers National Banc Corp. (NASDAQ:FMNB) declared a quarterly cash dividend of $0.17 per share. The common stock cash dividend will have a record date of June 14, 2024, and is payable to shareholders on June 28, 2024. ABOUT FARMERS NATIONAL BANC CORP. Founded in 1887, Farmers National Banc Corp. is a diversified financial services company headquartered in Canfield, Ohio, with $5.1 billion in banking assets. Farmers National Banc Corp.'s wholly-owned subsidiaries are comprised of The Farmers National Bank of Canfield, a full-service national bank engaged in commercial and retail banking with 62 banking locations in Mahoning, Trumbull, Colum
Earnings per diluted share of $0.30 ($0.34 excluding certain items, non-GAAP) for the first quarter of 2024 165 consecutive quarters of profitability Strategically restructured $44.3 million of investment securities improving the yield by almost 200 basis points – incurred a $2.1 million loss on the sale Deposit growth of $20.7 million, or 2.0% annualized, for the first quarter of 2024 Excellent asset quality as non-performing loans to total loans improved to 0.38% at March 31, 2024 from 0.47% at December 31, 2023 Farmers National Banc Corp. ("Farmers" or the "Company") (NASDAQ:FMNB) reported net income of $11.2 million, or $0.30 per diluted share, for the three months ended
On February 27, 2024, the Board of Directors of the Farmers National Banc Corp. (NASDAQ:FMNB) declared a quarterly cash dividend of $0.17 per share. The common stock cash dividend will have a record date of March 8, 2024, and is payable to shareholders on March 29, 2024. ABOUT FARMERS NATIONAL BANC CORP. Founded in 1887, Farmers National Banc Corp. is a diversified financial services company headquartered in Canfield, Ohio, with $5.1 billion in banking assets. Farmers National Banc Corp.'s wholly-owned subsidiaries are comprised of The Farmers National Bank of Canfield, a full-service national bank engaged in commercial and retail banking with 64 banking locations in Mahoning, Trumbull,
Earnings per diluted share of $0.39 ($0.41 excluding certain items, non-GAAP) for the fourth quarter of 2023 164 consecutive quarters of profitability Recorded a $915,000 gain during the quarter by selling $5.8 million of nonaccrual/troubled commercial loans Loan growth of $29.6 million, or 3.7% annualized, for the fourth quarter of 2023 Excluding impact of commercial loan sale - loan growth of $37.7 million, or 4.8% annualized, for fourth quarter 2023 Continued strong asset quality with non-performing assets to total assets of 0.30% as of December 31, 2023 Return on average assets of 1.17% for the fourth quarter of 2023 ROAE and ROATE (non-GAAP) of 18.0% and 43.8%, re
On November 28, 2023, the Board of Directors of the Farmers National Banc Corp. (NASDAQ:FMNB) declared a quarterly cash dividend of $0.17 per share. The common stock cash dividend will have a record date of December 11, 2023, and is payable to shareholders on December 29, 2023. ABOUT FARMERS NATIONAL BANC CORP. Founded in 1887, Farmers National Banc Corp. is a diversified financial services company headquartered in Canfield, Ohio, with $5.0 billion in banking assets. Farmers National Banc Corp.'s wholly-owned subsidiaries are comprised of The Farmers National Bank of Canfield, a full-service national bank engaged in commercial and retail banking with 64 banking locations in Mahoning, Tr
Earnings per diluted share of $0.36 ($0.40 excluding certain items, non-GAAP) for the third quarter of 2023 163 consecutive quarters of profitability Purchased hedges to improve asset sensitivity Additional FHLB borrowing capacity of $892.6 million as of September 30, 2023 Available for sale securities not pledged totaled $353.8 million at September 30, 2023 Strong asset quality with non-performing asset to total assets of 0.58% as of September 30, 2023 Return on average assets of 1.06% for the third quarter of 2023 ROAE and ROATE (non-GAAP) of 14.5% and 30.3%, respectively, for the third quarter of 2023 Farmers National Banc Corp. ("Farmers" or the "Company") (NASD
On August 22, 2023, the Board of Directors of the Farmers National Banc Corp. (NASDAQ:FMNB) declared a quarterly cash dividend of $0.17 per share. The common stock cash dividend will have a record date of September 8, 2023, and is payable to shareholders on September 29, 2023. ABOUT FARMERS NATIONAL BANC CORP. Founded in 1887, Farmers National Banc Corp. is a diversified financial services company headquartered in Canfield, Ohio, with $5.1 billion in banking assets. Farmers National Banc Corp.'s wholly-owned subsidiaries are comprised of The Farmers National Bank of Canfield, a full-service national bank engaged in commercial and retail banking with 65 banking locations in Mahoning, Tru
8-K - FARMERS NATIONAL BANC CORP /OH/ (0000709337) (Filer)
10-Q - FARMERS NATIONAL BANC CORP /OH/ (0000709337) (Filer)
10-K/A - FARMERS NATIONAL BANC CORP /OH/ (0000709337) (Filer)
8-K - FARMERS NATIONAL BANC CORP /OH/ (0000709337) (Filer)
11-K - FARMERS NATIONAL BANC CORP /OH/ (0000709337) (Filer)
10-Q - FARMERS NATIONAL BANC CORP /OH/ (0000709337) (Filer)
8-K - FARMERS NATIONAL BANC CORP /OH/ (0000709337) (Filer)
8-K - FARMERS NATIONAL BANC CORP /OH/ (0000709337) (Filer)
ARS - FARMERS NATIONAL BANC CORP /OH/ (0000709337) (Filer)
DEF 14A - FARMERS NATIONAL BANC CORP /OH/ (0000709337) (Filer)
Farmers National Banc Corp (NASDAQ:FMNB) announced today the hiring of Michael Matuszak as Executive Vice President, Chief Operating Officer. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20221202005465/en/Michael Matuszak (Photo: Business Wire) Matuszak, most recently with Wellmark Blue Cross Blue Shield as Vice President, Cloud Services & CISO, has more than 25 years of experience in operations, facilities, cybersecurity and software development throughout the financial services, insurance and healthcare industries. He also holds certifications in Six Sigma and ITIL. In his role as COO, Matuszak will develop, refine and impleme
Farmers National Banc Corp (NASDAQ:FMNB) announced today the following changes to its Canton Region Leadership Team. The changes are prompted by Joseph Gerzina's decision to retire as Senior Vice President, Regional President – West after almost 40 years in the banking industry, effective April 30, 2022. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220421006034/en/Joseph Gerzina (Photo: Business Wire) Gerzina joined Farmers in 2011 as Community President where he executed on his vision and created the Farmers' Stark County market. During his time at Farmers, Gerzina helped oversee the growth of Farmers' Stark County presence,
Farmers National Banc Corp. (NASDAQ:FMNB) announced today the following changes in its Accounting and Finance Executive Group. The changes are prompted by Carl D. Culp's decision to retire as Farmers National Bank Chief Financial Officer and Senior Executive Vice President, effective August 15, 2021. The decision ends Culp's highly successful 36-year career in accounting and the financial services industry, with 32 years dedicated to Farmers National Bank, including the last 25 years as Farmers' Chief Financial Officer and Senior Executive Vice President. Culp has agreed to provide advisory services for a period of time to ensure a seamless transition to his successor. This press release fe
Piper Sandler resumed coverage of Farmers National with a rating of Neutral and set a new price target of $17.00
Piper Sandler resumed coverage of Farmers National with a rating of Neutral
Raymond James upgraded Farmers National from Mkt Perform to Outperform and set a new price target of $18.00
Janney initiated coverage of Farmers National with a rating of Neutral and set a new price target of $14.00
Raymond James downgraded Farmers National from Outperform to Mkt Perform
Piper Sandler downgraded Farmers National from Overweight to Neutral and set a new price target of $14.50 from $15.50 previously
Raymond James reiterated coverage of Farmers National Banc with a rating of Outperform and set a new price target of $20.00 from $21.00 previously
Raymond James reiterated coverage of Farmers National Banc with a rating of Outperform and set a new price target of $21.00 from $20.00 previously
Raymond James reiterated coverage of Farmers National Banc with a rating of Outperform and set a new price target of $20.00 from $18.00 previously
Raymond James reiterated coverage of Farmers National Banc with a rating of Outperform and set a new price target of $18.00 from $19.00 previously
4 - FARMERS NATIONAL BANC CORP /OH/ (0000709337) (Issuer)
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Keefe, Bruyette & Woods analyst Timothy Switzer reiterates Farmers National Banc (NASDAQ:FMNB) with a Market Perform and raises the price target from $14 to $15.
Farmers National Banc (NASDAQ:FMNB) reported quarterly earnings of $0.33 per share which beat the analyst consensus estimate of $0.32 by 3.13 percent. This is a 19.51 percent decrease over earnings of $0.41 per share from the same period last year.
Farmers National Banc (NASDAQ:FMNB) reported quarterly earnings of $0.34 per share which beat the analyst consensus estimate of $0.33 by 3.03 percent. This is a 22.73 percent decrease over earnings of $0.44 per share from the same period last year.
Wednesday marks the last chance for investors to receive the next dividend payout from Farmers National Banc (NASDAQ:FMNB). What's Happening The company announced on Tuesday that it would pay shareholders a quarterly dividend of 17 cents per share. On Thursday, Farmers National Banc will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 17 cents lower than it would have opened on any other day. In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Thursday. Shareholders who own FMNB as of the end of Wednesday's session are eligible to receive th
Piper Sandler analyst Alexander Twerdahl assumes Farmers National Banc (NASDAQ:FMNB) with a Neutral rating and announces Price Target of $14.
Keefe, Bruyette & Woods analyst Michael Perito maintains Farmers National Banc (NASDAQ:FMNB) with a Market Perform and raises the price target from $13 to $14.
Farmers National Banc (NASDAQ:FMNB) reported its Q4 earnings results on Wednesday, January 24, 2024 at 08:00 AM. Here's what investors need to know about the announcement. Earnings Farmers National Banc beat estimated earnings by 17.14%, reporting an EPS of $0.41 versus an estimate of $0.35. Revenue was up $7.35 million from the same period last year. Past Earnings Performance Last quarter the company beat on EPS by $0.03 which was followed by a 2.79% increase in the share price the next day. Here's a look at Farmers National Banc's past performance: Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022 EPS Estimate 0.37 0.41 0.37 0.44 EPS Actual 0.40 0.41 0.44 0.42 Revenue Estimate 43.67M 46.5
Farmers National Banc (NASDAQ:FMNB) reported quarterly earnings of $0.41 per share which beat the analyst consensus estimate of $0.35 by 17.14 percent. This is a 2.38 percent decrease over earnings of $0.42 per share from the same period last year.
Raymond James analyst Daniel Tamayo upgrades Farmers National Banc (NASDAQ:FMNB) from Market Perform to Outperform and announces $18 price target.
Farmers National Banc (NASDAQ:FMNB) reported quarterly earnings of $0.40 per share which beat the analyst consensus estimate of $0.37 by 8.11 percent. This is a 16.67 percent decrease over earnings of $0.48 per share from the same period last year.
167 consecutive quarters of profitability Strong commercial loan growth of $35.2 million, or 7.2% annualized, for the third quarter of 2024 Overall loan growth of $43.1 million, or 5.3% annualized, for the third quarter of 2024 Customer deposit growth of $81.1 million, or 7.7% annualized, for the third quarter of 2024 Strong growth in fee-based businesses Wealth management assets under management have grown to $4.0 billion at September 30, 2024 Farmers National Banc Corp. ("Farmers" or the "Company") (NASDAQ:FMNB) today announced net income of $8.5 million, or $0.23 per diluted share, for the quarter ended September 30, 2024, compared to $13.3 million, or $0.36 per diluted shar
On August 27, 2024, the Board of Directors of the Farmers National Banc Corp. (NASDAQ:FMNB) declared a quarterly cash dividend of $0.17 per share. The common stock cash dividend will have a record date of September 13, 2024, and is payable to shareholders on September 30, 2024. ABOUT FARMERS NATIONAL BANC CORP. Founded in 1887, Farmers National Banc Corp. is a diversified financial services company headquartered in Canfield, Ohio, with $5.2 billion in banking assets. Farmers National Banc Corp.'s wholly-owned subsidiaries are comprised of The Farmers National Bank of Canfield, a full-service national bank engaged in commercial and retail banking with 62 banking locations in Mahoning, Tr
Earnings per diluted share of $0.31 ($0.33 excluding certain items, non-GAAP) for the second quarter of 2024 166 consecutive quarters of profitability Sequential net interest margin stabilization and expansion Loan growth of $56.1 million, or 7.0% annualized, for the second quarter of 2024 Strong asset quality as non-performing loans to total loans were 0.40% at June 30, 2024 Farmers National Banc Corp. ("Farmers" or the "Company") (NASDAQ:FMNB) today announced net income of $11.8 million, or $0.31 per diluted share, for the three months ended June 30, 2024, compared to $15.0 million, or $0.40 per diluted share, for the three months ended June 30, 2023. Net income for the se
On May 21, 2024, the Board of Directors of the Farmers National Banc Corp. (NASDAQ:FMNB) declared a quarterly cash dividend of $0.17 per share. The common stock cash dividend will have a record date of June 14, 2024, and is payable to shareholders on June 28, 2024. ABOUT FARMERS NATIONAL BANC CORP. Founded in 1887, Farmers National Banc Corp. is a diversified financial services company headquartered in Canfield, Ohio, with $5.1 billion in banking assets. Farmers National Banc Corp.'s wholly-owned subsidiaries are comprised of The Farmers National Bank of Canfield, a full-service national bank engaged in commercial and retail banking with 62 banking locations in Mahoning, Trumbull, Colum
Earnings per diluted share of $0.30 ($0.34 excluding certain items, non-GAAP) for the first quarter of 2024 165 consecutive quarters of profitability Strategically restructured $44.3 million of investment securities improving the yield by almost 200 basis points – incurred a $2.1 million loss on the sale Deposit growth of $20.7 million, or 2.0% annualized, for the first quarter of 2024 Excellent asset quality as non-performing loans to total loans improved to 0.38% at March 31, 2024 from 0.47% at December 31, 2023 Farmers National Banc Corp. ("Farmers" or the "Company") (NASDAQ:FMNB) reported net income of $11.2 million, or $0.30 per diluted share, for the three months ended
On February 27, 2024, the Board of Directors of the Farmers National Banc Corp. (NASDAQ:FMNB) declared a quarterly cash dividend of $0.17 per share. The common stock cash dividend will have a record date of March 8, 2024, and is payable to shareholders on March 29, 2024. ABOUT FARMERS NATIONAL BANC CORP. Founded in 1887, Farmers National Banc Corp. is a diversified financial services company headquartered in Canfield, Ohio, with $5.1 billion in banking assets. Farmers National Banc Corp.'s wholly-owned subsidiaries are comprised of The Farmers National Bank of Canfield, a full-service national bank engaged in commercial and retail banking with 64 banking locations in Mahoning, Trumbull,
Earnings per diluted share of $0.39 ($0.41 excluding certain items, non-GAAP) for the fourth quarter of 2023 164 consecutive quarters of profitability Recorded a $915,000 gain during the quarter by selling $5.8 million of nonaccrual/troubled commercial loans Loan growth of $29.6 million, or 3.7% annualized, for the fourth quarter of 2023 Excluding impact of commercial loan sale - loan growth of $37.7 million, or 4.8% annualized, for fourth quarter 2023 Continued strong asset quality with non-performing assets to total assets of 0.30% as of December 31, 2023 Return on average assets of 1.17% for the fourth quarter of 2023 ROAE and ROATE (non-GAAP) of 18.0% and 43.8%, re
On November 28, 2023, the Board of Directors of the Farmers National Banc Corp. (NASDAQ:FMNB) declared a quarterly cash dividend of $0.17 per share. The common stock cash dividend will have a record date of December 11, 2023, and is payable to shareholders on December 29, 2023. ABOUT FARMERS NATIONAL BANC CORP. Founded in 1887, Farmers National Banc Corp. is a diversified financial services company headquartered in Canfield, Ohio, with $5.0 billion in banking assets. Farmers National Banc Corp.'s wholly-owned subsidiaries are comprised of The Farmers National Bank of Canfield, a full-service national bank engaged in commercial and retail banking with 64 banking locations in Mahoning, Tr
Earnings per diluted share of $0.36 ($0.40 excluding certain items, non-GAAP) for the third quarter of 2023 163 consecutive quarters of profitability Purchased hedges to improve asset sensitivity Additional FHLB borrowing capacity of $892.6 million as of September 30, 2023 Available for sale securities not pledged totaled $353.8 million at September 30, 2023 Strong asset quality with non-performing asset to total assets of 0.58% as of September 30, 2023 Return on average assets of 1.06% for the third quarter of 2023 ROAE and ROATE (non-GAAP) of 14.5% and 30.3%, respectively, for the third quarter of 2023 Farmers National Banc Corp. ("Farmers" or the "Company") (NASD
Farmers National Banc Corp. (NASDAQ:FMNB) ("Farmers") is welcoming two new members to its Board of Directors, Mr. Carl D. Culp and Ms. Gina A. Richardson, effective September 1, 2023. Both additions will bring a wealth of business experience to Farmers. Mr. Culp was appointed to serve as a Class III director, with a term expiring at the 2025 Annual Meeting of Shareholders. He spent 32 years at Farmers National Bank and retired in 2021 as the Senior Executive Vice President and Chief Financial Officer. A graduate of Youngstown State University, Mr. Culp is a Boardman native and a member of Canfield Rotary. Ms. Richardson has been appointed to serve as a Class II director on the Board, wi