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 |
168 consecutive quarters of profitability Net interest margin improved from 2.66% in the third quarter of 2024 to 2.72% in the fourth quarter of 2024 Efficiency ratio declined to 56.4% for the fourth quarter of 2024 Continued strong performance in fee-based businesses Completed acquisition of Crest Retirement Advisors LLC based in Dublin, OH Wealth management assets under management increased to $4.2 billion at December 31, 2024 including the Crest addition Farmers National Banc Corp. ("Farmers" or the "Company") (NASDAQ:FMNB) today reported net income of $14.4 million, or $0.38 per diluted share, for the quarter ended December 31, 2024, compared to $14.6 million, or $0.3
Farmers National Bank announces the appointment of a key executive position. The role of Chief Banking Officer will be filled by Tim Shaffer, a tenured leader of the organization who most recently served as Chief Credit Officer. After joining Farmers in 2011, Shaffer went on to hold various leadership positions within the bank, including Commercial Lending Team Leader, Director of Commercial Banking/Private Banking Services, Mahoning Valley Regional President, and Chief Lending Officer. Shaffer's appointment to Chief Banking officer is a key element of the organization's growth strategy. With an extensive background in credit, lending, and commercial banking services, Shaffer will provi
Farmers National Banc Corp. ("Farmers" or the "Company") (NASDAQ:FMNB) today announced that National Associates, Inc., a subsidiary of Farmers, has completed the acquisition of Crest Retirement Advisors LLC ("Crest"). The transaction closed on December 16, 2024, and is expected to be accretive to earnings immediately. Crest will continue to operate under its name and from its current location in Dublin, Ohio but is expected to merge with National Associates Inc. Crest was founded in 2014 and provides customized retirement plans and ongoing administrative services to small businesses. Crest leverages its knowledge of the industry rules and regulations in a manner that provides a retirement
On November 26, 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 December 13, 2024, and is payable to shareholders on December 31, 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
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,
4 - FARMERS NATIONAL BANC CORP /OH/ (0000709337) (Issuer)
4 - FARMERS NATIONAL BANC CORP /OH/ (0000709337) (Issuer)
4 - FARMERS NATIONAL BANC CORP /OH/ (0000709337) (Issuer)
4 - FARMERS NATIONAL BANC CORP /OH/ (0000709337) (Issuer)
4 - FARMERS NATIONAL BANC CORP /OH/ (0000709337) (Issuer)
4 - FARMERS NATIONAL BANC CORP /OH/ (0000709337) (Issuer)
4 - FARMERS NATIONAL BANC CORP /OH/ (0000709337) (Issuer)
4 - FARMERS NATIONAL BANC CORP /OH/ (0000709337) (Issuer)
4 - FARMERS NATIONAL BANC CORP /OH/ (0000709337) (Issuer)
4 - FARMERS NATIONAL BANC CORP /OH/ (0000709337) (Issuer)
Farmers National Bank announces the appointment of a key executive position. The role of Chief Banking Officer will be filled by Tim Shaffer, a tenured leader of the organization who most recently served as Chief Credit Officer. After joining Farmers in 2011, Shaffer went on to hold various leadership positions within the bank, including Commercial Lending Team Leader, Director of Commercial Banking/Private Banking Services, Mahoning Valley Regional President, and Chief Lending Officer. Shaffer's appointment to Chief Banking officer is a key element of the organization's growth strategy. With an extensive background in credit, lending, and commercial banking services, Shaffer will provi
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
8-K - FARMERS NATIONAL BANC CORP /OH/ (0000709337) (Filer)
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)
168 consecutive quarters of profitability Net interest margin improved from 2.66% in the third quarter of 2024 to 2.72% in the fourth quarter of 2024 Efficiency ratio declined to 56.4% for the fourth quarter of 2024 Continued strong performance in fee-based businesses Completed acquisition of Crest Retirement Advisors LLC based in Dublin, OH Wealth management assets under management increased to $4.2 billion at December 31, 2024 including the Crest addition Farmers National Banc Corp. ("Farmers" or the "Company") (NASDAQ:FMNB) today reported net income of $14.4 million, or $0.38 per diluted share, for the quarter ended December 31, 2024, compared to $14.6 million, or $0.3
Farmers National Banc Corp. ("Farmers" or the "Company") (NASDAQ:FMNB) today announced that National Associates, Inc., a subsidiary of Farmers, has completed the acquisition of Crest Retirement Advisors LLC ("Crest"). The transaction closed on December 16, 2024, and is expected to be accretive to earnings immediately. Crest will continue to operate under its name and from its current location in Dublin, Ohio but is expected to merge with National Associates Inc. Crest was founded in 2014 and provides customized retirement plans and ongoing administrative services to small businesses. Crest leverages its knowledge of the industry rules and regulations in a manner that provides a retirement
On November 26, 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 December 13, 2024, and is payable to shareholders on December 31, 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
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
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)
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)
4 - FARMERS NATIONAL BANC CORP /OH/ (0000709337) (Issuer)
4 - FARMERS NATIONAL BANC CORP /OH/ (0000709337) (Issuer)
4 - FARMERS NATIONAL BANC CORP /OH/ (0000709337) (Issuer)