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FMNB logoFarmers National Banc Corp.(FMNB)Earnings, Financials & Key Ratios

FMNB•NASDAQ•Banking & Credit
$14.21
$559M mkt cap·9.8× P/E·Price updated May 6, 2026
SectorFinancial ServicesIndustryRegional BanksSub-IndustryBanks with large fee businesses
AboutFarmers 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 47 locations in northeastern region of Ohio and one location in southwestern Pennsylvania. The company was founded in 1887 and is based in Canfield, Ohio.Show more
  • Net Interest Income$142M+12.2%
  • Total Revenue$272M+0.9%
  • Net Income$55M+18.8%
  • Return on Equity12.24%+8.0%
  • Net Interest Margin2.72%+9.5%
  • Efficiency Ratio39.86%+0.7%
  • ROA1.05%+16.9%
  • Equity / Assets9.26%+16.7%
  • Book Value per Share12.91+19.2%
  • Tangible BV/Share7.98+37.5%
  • Debt/Equity0.76-21.4%
Technical→

FMNB Key Insights

Farmers National Banc Corp. (FMNB) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

  • ✓Strong Piotroski F-Score: 7/9
  • ✓Efficient operations: 39.9% efficiency ratio
  • ✓Healthy dividend yield of 4.8%
  • ✓Trading at only 1.1x book value

✗Weaknesses

No significant weaknesses identified

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

FMNB Price & Volume

Farmers National Banc Corp. (FMNB) stock price & volume — 10-year historical chart

Loading chart...

FMNB Growth Metrics

Farmers National Banc Corp. (FMNB) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years14.19%
5 Years12.85%
3 Years15.18%
TTM-

Profit CAGR

10 Years21.09%
5 Years5.44%
3 Years-3.42%
TTM18.8%

EPS CAGR

10 Years14.95%
5 Years-0.27%
3 Years-6.78%
TTM18.85%

Return on Capital

10 Years11.49%
5 Years10.13%
3 Years8.2%
Last Year2.36%

FMNB Recent Earnings

Farmers National Banc Corp. (FMNB) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 7/12 qtrs (58%)●Beat Revenue 3/12 qtrs (27%)
Q2 2026Latest
Apr 22, 2026
EPS
$0.45
Est $0.37
+21.6%
Revenue
$56M
Est $55M
+2.7%
Q1 2026
Feb 4, 2026
EPS
$0.39
Est $0.47
-17.0%
Revenue
$70M
Q1 2026
Jan 28, 2026
EPS
$0.40
Est $0.47
-14.9%
Revenue
$49M
Est $51M
-3.1%
Q4 2025
Oct 22, 2025
EPS
$0.42
Est $0.41
+2.4%
Revenue
$48M
Est $51M
-6.4%
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestApr 22, 2026
$0.45vs $0.37+21.6%
$56Mvs $55M+2.7%
Q1 2026Feb 4, 2026
$0.39vs $0.47-17.0%
$70M
Q1 2026Jan 28, 2026
$0.40vs $0.47-14.9%
$49Mvs $51M-3.1%
Q4 2025Oct 22, 2025
$0.42vs $0.41+2.4%
$48Mvs $51M-6.4%
Based on last 12 quarters of dataView full earnings history →

FMNB Peer Comparison

Farmers National Banc Corp. (FMNB) competitors in Banks with large fee businesses — business model, growth, and fundamentals comparison

Select Columns
Stock Universe
Valuation
Growth
Profitability
Financial Health
Dividends & Buybacks
Price Performance
Technical
Fundamentals ($)
Sector-Specific
CompanyMarket CapStock PriceP/E Ratio (TTM)Revenue Growth 1YNet MarginReturn on Equity (ROE)FCF YieldDebt / Equity
OVBC logoOVBCOhio Valley Banc Corp.Direct Competitor211.29M44.8513.555.93%9.58%0.32
CFFI logoCFFIC&F Financial CorporationDirect Competitor240.93M74.008.9311.78%10.82%0.44
CZWI logoCZWICitizens Community Bancorp, Inc.Direct Competitor202.59M21.0414.41-9.41%7.81%0.28
LARK logoLARKLandmark Bancorp, Inc.Direct Competitor168.86M27.699.028.26%12.36%0.21
MVBF logoMVBFMVB Financial Corp.Direct Competitor333.96M26.0012.6218.96%8.46%0.23
FRST logoFRSTPrimis Financial Corp.Product Competitor363.82M14.735.9223.02%15.78%0.62
FFIC logoFFICFlushing Financial CorporationProduct Competitor547.9M16.1729.9411.06%2.67%0.84
HONE logoHONEHarborOne Bancorp, Inc.Product Competitor522.22M12.1018.3310.7%4.56%0.90

Compare FMNB vs Peers

Farmers National Banc Corp. (FMNB) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs OVBC

Most directly comparable listed peer for FMNB.

Scale Benchmark

vs ICE

Larger-name benchmark to compare FMNB against a more recognizable public peer.

Peer Set

Compare Top 5

vs OVBC, CFFI, CZWI, LARK

FMNB Income Statement

Farmers National Banc Corp. (FMNB) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily
Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25
Net Interest Income73.11M77.85M81.75M95.65M107.49M123.3M135.8M126.92M142.44M
NII Growth %8.14%6.48%5.01%17%12.38%14.7%10.14%-6.54%12.23%
Net Interest Margin %3.39%3.34%3.34%3.11%2.59%3.02%2.67%2.48%2.72%
Interest Income79.99M91.11M101.36M111.78M115.96M141.22M211.35M226.28M233.79M
Interest Expense6.88M13.27M19.61M16.14M8.47M17.92M75.55M99.36M91.35M
Loan Loss Provision3.35M3M2.45M9.1M4.89M1.12M9.15M7.97M7.07M
Non-Interest Income24.59M26.15M28.67M36.7M38.69M36.7M43.85M43.17M38.03M
Non-Interest Income %23.51%22.3%22.05%24.72%25.02%20.63%17.18%16.02%13.99%
Total Revenue
104.58M▲ 0%
117.27M▲ 12.1%
130.03M▲ 10.9%
148.49M▲ 14.2%
154.65M▲ 4.2%
177.91M▲ 15.0%
255.2M▲ 43.4%
269.45M▲ 5.6%
271.83M▲ 0.9%
Revenue Growth %9.23%12.13%10.88%14.2%4.15%15.04%43.44%5.58%0.88%
Non-Interest Expense61.19M62.72M64.89M72.98M79.18M86.04M111.8M106.69M108.36M
Efficiency Ratio58.51%53.48%49.91%49.15%51.2%48.36%43.81%39.6%39.86%
Operating Income
33.16M▲ 0%
38.28M▲ 15.4%
43.08M▲ 12.5%
50.27M▲ 16.7%
62.11M▲ 23.6%
72.83M▲ 17.3%
58.7M▼ 19.4%
55.43M▼ 5.6%
65.05M▲ 17.4%
Operating Margin %31.71%32.65%33.13%33.86%40.16%40.94%23%20.57%23.93%
Operating Income Growth %18.25%15.45%12.52%16.71%23.56%17.26%-19.41%-5.57%17.35%
Pretax Income
33.16M▲ 0%
38.28M▲ 15.4%
43.08M▲ 12.5%
50.27M▲ 16.7%
62.11M▲ 23.6%
72.83M▲ 17.3%
58.7M▼ 19.4%
55.43M▼ 5.6%
65.05M▲ 17.4%
Pretax Margin %31.71%32.65%33.13%33.86%40.16%40.94%23%20.57%23.93%
Income Tax10.45M5.71M7.32M8.4M10.27M12.24M8.77M9.48M10.46M
Effective Tax Rate %31.51%14.93%16.98%16.7%16.53%16.8%14.93%17.1%16.08%
Net Income
22.71M▲ 0%
32.57M▲ 43.4%
35.76M▲ 9.8%
41.88M▲ 17.1%
51.84M▲ 23.8%
60.6M▲ 16.9%
49.93M▼ 17.6%
45.95M▼ 8.0%
54.59M▲ 18.8%
Net Margin %21.72%27.77%27.5%28.2%33.52%34.06%19.57%17.05%20.08%
Net Income Growth %10.48%43.41%9.8%17.1%23.8%16.88%-17.6%-7.98%18.8%
Net Income (Continuing)22.71M32.57M35.76M41.88M51.84M60.6M49.93M45.95M54.59M
EPS (Diluted)
0.82▲ 0%
1.16▲ 41.5%
1.28▲ 10.3%
1.47▲ 14.8%
1.77▲ 20.4%
1.79▲ 1.1%
1.33▼ 25.7%
1.22▼ 8.3%
1.45▲ 18.9%
EPS Growth %7.89%41.46%10.34%14.84%20.41%1.13%-25.7%-8.27%18.85%
EPS (Basic)0.821.181.291.481.781.791.341.231.46
Diluted Shares Outstanding27.62M27.97M27.88M28.39M29.28M33.93M37.5M37.51M37.63M

FMNB Balance Sheet

Farmers National Banc Corp. (FMNB) balance sheet — assets, liabilities & shareholders' equity

Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25
Cash & Short Term Investments411.12M420.23M455.46M596.1M1.46B1.29B1.33B651.92M1.36B
Cash & Due from Banks17.79M18.04M23.23M20.5M29.15M21.39M28.9M20.43M20.49M
Short Term Investments393.33M402.19M432.23M575.6M1.43B1.27B1.3B631.5M1.34B
Total Investments1.96B2.13B2.24B2.66B3.76B3.69B4.52B4.57B1.37B
Investments Growth %9.89%8.6%5.02%18.66%41.64%-1.88%22.38%1.13%-69.97%
Long-Term Investments1.57B1.73B1.81B2.08B2.34B2.43B3.22B3.94B29.26M
Accounts Receivables000000000
Goodwill & Intangibles45.37M43.95M42.65M49.62M102.61M101.67M190.29M188.2M185.3M
Goodwill38.2M38.2M38.2M45.77M94.24M94.64M167.45M167.45M167.45M
Intangible Assets7.17M5.75M4.44M3.84M8.37M7.03M22.84M20.75M17.85M
PP&E (Net)22.29M21.21M23.82M25.62M37.52M30.76M44.36M52.27M0
Other Assets109.78M112.85M119.67M317.61M209.1M234.72M294.5M286.58M4.94B
Total Current Assets410.72M420.23M455.46M596.1M1.46B1.29B1.33B651.92M92.36M
Total Non-Current Assets1.75B1.91B1.99B2.48B2.69B2.79B3.75B4.47B5.15B
Total Assets
2.16B▲ 0%
2.33B▲ 7.9%
2.45B▲ 5.2%
3.07B▲ 25.4%
4.14B▲ 34.9%
4.08B▼ 1.5%
5.08B▲ 24.4%
5.12B▲ 0.8%
5.25B▲ 2.5%
Asset Growth %9.81%7.86%5.17%25.4%34.89%-1.46%24.4%0.8%2.48%
Return on Assets (ROA)1.1%1.45%1.5%1.52%1.44%1.47%1.09%0.9%1.05%
Accounts Payable000000000
Total Debt296.56M250.79M122.2M78.91M87.76M183.21M443.66M391.15M367.73M
Net Debt278.77M232.75M98.97M58.4M58.61M161.82M414.77M370.72M347.25M
Long-Term Debt6.99M6.03M45.15M76.39M87.76M88.21M88.66M86.15M86.73M
Short-Term Debt289.56M244.76M77.05M2.52M095M355M305M281M
Other Liabilities15.72M16.03M18.69M31.27M35.32M44.93M52.89M54.97M4.39B
Total Current Liabilities1.89B2.04B2.09B2.61B3.55B3.66B4.53B4.57B282.38M
Total Non-Current Liabilities22.71M22.07M63.84M107.65M123.08M133.14M141.55M141.12M4.48B
Total Liabilities1.92B2.07B2.15B2.72B3.67B3.79B4.67B4.71B4.76B
Total Equity
242.07M▲ 0%
262.32M▲ 8.4%
299.31M▲ 14.1%
350.1M▲ 17.0%
472.43M▲ 34.9%
292.3M▼ 38.1%
404.42M▲ 38.4%
406.03M▲ 0.4%
485.73M▲ 19.6%
Equity Growth %13.53%8.36%14.1%16.97%34.94%-38.13%38.36%0.4%19.63%
Equity / Assets (Capital Ratio)11.21%11.26%12.22%11.4%11.4%7.16%7.96%7.93%9.26%
Return on Equity (ROE)9.98%12.91%12.73%12.9%12.61%15.85%14.33%11.34%12.24%
Book Value per Share8.769.3810.7412.3316.138.6110.7810.8212.91
Tangible BV per Share7.127.819.2110.5812.635.625.715.817.98
Common Stock186.9M186.16M186.34M208.76M306.12M305.34M365.31M366.06M366.63M
Additional Paid-in Capital186.9M186.16M0000000
Retained Earnings59.21M83.63M108.85M138.07M173.9M212.38M236.76M257.17M286.2M
Accumulated OCI-186.31M-190.19M9.83M22.03M9.29M-210.49M-172.55M-193.26M-144.07M
Treasury Stock-4.63M-3.44M-5.71M-18.77M-16.88M-14.93M-25.09M-23.94M-23.02M
Preferred Stock000000000

FMNB Cash Flow Statement

Farmers National Banc Corp. (FMNB) cash flow — operating, investing & free cash flow history

Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25
Cash from Operations30.57M38.76M38.76M49.07M54.93M81.5M62.93M66.61M60.04M
Operating CF Growth %24.78%26.82%-0.01%26.59%11.96%48.36%-22.79%5.86%-9.87%
Net Income22.71M32.57M35.76M41.88M51.84M60.6M49.93M45.95M54.59M
Depreciation & Amortization3.14M2.99M2.84M3.12M3.54M4.9M7.33M6.4M0
Deferred Taxes000000000
Other Non-Cash Items4.49M3.67M3.24M9.06M6.44M6.31M6.29M7.26M16.23M
Working Capital Changes-2.14M-2.14M-4.46M-6.43M-8.08M7.88M-3.24M4.37M-10.77M
Cash from Investing-137.11M-179.32M-93.15M-159.89M-423.61M-205.51M77.94M-95.13M-78.85M
Purchase of Investments-114.6M-70.88M-84.99M-177.05M-851.13M-242.38M-2.59M-107.99M0
Sale/Maturity of Investments97.6M53.25M70.31M121.53M111.07M118.27M145.97M111.34M0
Net Investment Activity-17M-17.63M-14.68M-55.53M-740.05M-124.12M143.38M3.35M0
Acquisitions16.2M00-2.2M83.77M-1.03M-13.18M-600K0
Other Investing-135.36M-161.24M-77.01M-98.46M234.04M-77.8M-48.39M-86.18M-78.85M
Cash from Financing122.38M140.87M67.22M294.68M226.85M86.77M-112.76M10.59M25.43M
Dividends Paid-6.01M-8.32M-10.54M-12.65M-14.07M-22M-25.4M-25.39M-25.47M
Share Repurchases0-1.23M-2.84M-14.24M-164K0-11.54M-880K0
Stock Issued000000000
Net Stock Activity0-1.23M-2.84M-14.24M-164K0-11.54M-880K0
Debt Issuance (Net)1000K-1000K-1000K-1000K2K1000K1000K-1000K-1000K
Other Financing45.38M195M209.24M418.66M241.08M13.77M-260.82M89.39M74.89M
Net Change in Cash
15.84M▲ 0%
312K▼ 98.0%
12.83M▲ 4013.5%
183.86M▲ 1332.6%
-141.83M▼ 177.1%
-37.24M▲ 73.7%
28.11M▲ 175.5%
-17.92M▼ 163.8%
6.62M▲ 136.9%
Exchange Rate Effect000000000
Cash at Beginning41.78M57.61M57.93M70.76M254.62M112.79M75.55M103.66M85.74M
Cash at End57.61M57.93M70.76M254.62M112.79M75.55M103.66M85.74M92.36M
Interest Paid6.75M12.91M19.53M16.52M8.48M16.46M78.52M101.25M0
Income Taxes Paid8.8M7.3M6.45M9M12.5M10.1M6.7M00
Free Cash Flow
29.61M▲ 0%
38.31M▲ 29.4%
37.3M▼ 2.6%
45.37M▲ 21.6%
53.56M▲ 18.0%
78.94M▲ 47.4%
59.05M▼ 25.2%
54.92M▼ 7.0%
52.18M▼ 5.0%
FCF Growth %25.96%29.4%-2.64%21.63%18.05%47.4%-25.2%-6.99%-4.99%

FMNB Banking Ratios

Farmers National Banc Corp. (FMNB) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric2016201720182019202020212022202320242025
Return on Equity (ROE)10%9.98%12.91%12.73%12.9%12.61%15.85%14.33%11.34%12.24%
Return on Assets (ROA)1.07%1.1%1.45%1.5%1.52%1.44%1.47%1.09%0.9%1.05%
Net Interest Margin3.44%3.39%3.34%3.34%3.11%2.59%3.02%2.67%2.48%2.72%
Efficiency Ratio62.1%58.51%53.48%49.91%49.15%51.2%48.36%43.81%39.6%39.86%
Equity / Assets10.84%11.21%11.26%12.22%11.4%11.4%7.16%7.96%7.93%9.26%
Book Value / Share7.98.769.3810.7412.3316.138.6110.7810.8212.91
NII Growth36.71%8.14%6.48%5.01%17%12.38%14.7%10.14%-6.54%12.23%
Dividend Payout21.04%26.47%25.53%29.47%30.22%27.14%36.31%50.86%55.25%46.65%

FMNB SEC Filings & Documents

Farmers National Banc Corp. (FMNB) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Apr 22, 2026·SEC

Material company update

Apr 16, 2026·SEC

Material company update

Mar 17, 2026·SEC

10-K Annual Reports

4
FY 2026

Mar 5, 2026·SEC

FY 2025

Mar 6, 2025·SEC

FY 2024

Mar 7, 2024·SEC

10-Q Quarterly Reports

6
FY 2025

Nov 6, 2025·SEC

FY 2025

Aug 7, 2025·SEC

FY 2025

May 8, 2025·SEC

FMNB Frequently Asked Questions

Farmers National Banc Corp. (FMNB) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

Farmers National Banc Corp. (FMNB) grew revenue by 0.9% over the past year. Growth has been modest.

Yes, Farmers National Banc Corp. (FMNB) is profitable, generating $54.6M in net income for fiscal year 2025 (20.1% net margin).

Dividend & Returns

Yes, Farmers National Banc Corp. (FMNB) pays a dividend with a yield of 4.76%. This makes it attractive for income-focused investors.

Farmers National Banc Corp. (FMNB) has a return on equity (ROE) of 12.2%. This is reasonable for most industries.

Industry Metrics

Farmers National Banc Corp. (FMNB) has a net interest margin (NIM) of 2.7%. NIM has been under pressure due to interest rate environment.

Farmers National Banc Corp. (FMNB) has an efficiency ratio of 39.9%. This is excellent, indicating strong cost control.

Explore More FMNB

Farmers National Banc Corp. (FMNB) financial analysis — history, returns, DCA and operating performance tools

Total Return Calculator

Historical returns with dividends reinvested

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DCA Calculator

Dollar cost averaging vs lump sum

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Dividend History

Yield, growth, payout safety & DRIP

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Earnings History

EPS trends, net income & profitability

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Price History

Long-term charts & historical price data

→

Revenue History

Sales growth patterns & revenue breakdown

→

Financial Ratios

30 years of market, efficiency and balance-sheet ratios

→

Valuation

DCF intrinsic value, peer multiples & estimates

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