Farmers National Banc Corp. (FMNB) Financial Ratios
30 years of historical data (1996–2025) · Financial Services · Banks - Regional
EV/EBITDA
↑
13.88
+17% vs avg
5yr avg: 11.91
30Y Low0.5·High31.6
P/FCF
↓
10.65
+19% vs avg
5yr avg: 8.94
30Y Low0.5·High38.8
P/B Ratio
↓
1.10
↓-15% vs avg
5yr avg: 1.29
30Y Low0.1·High2.7
ROE
↓
12.2%
-8% vs avg
5yr avg: 13.3%
30Y Low5%·High16%
Debt/EBITDA
↑
5.65
↑+26% vs avg
5yr avg: 4.48
30Y Low1.3·High19.6
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
FMNB Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Farmers National Banc Corp. trades at 9.8x earnings, roughly in line with its 5-year average of 10.0x, sitting at the 24th percentile of its historical range. Compared to the Financial Services sector median P/E of 13.6x, the stock trades at a discount of 28%. On a free-cash-flow basis, the stock trades at 10.7x P/FCF, 19% above the 5-year average of 8.9x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $556M | $501M | $533M | $542M | $479M | $543M | $377M | $455M | $356M | $407M | $383M |
| Enterprise Value | $903M | $849M | $904M | $957M | $641M | $602M | $435M | $554M | $589M | $686M | $577M |
| P/E Ratio → | 9.75 | 9.19 | 11.66 | 10.86 | 7.89 | 10.48 | 9.03 | 12.75 | 10.98 | 17.99 | 18.68 |
| P/S Ratio | 2.04 | 1.84 | 1.98 | 2.12 | 2.69 | 3.51 | 2.54 | 3.50 | 3.04 | 3.90 | 4.00 |
| P/B Ratio | 1.10 | 1.03 | 1.31 | 1.34 | 1.64 | 1.15 | 1.08 | 1.52 | 1.36 | 1.68 | 1.80 |
| P/FCF | 10.65 | 9.61 | 9.71 | 9.18 | 6.07 | 10.14 | 8.30 | 12.20 | 9.30 | 13.76 | 16.31 |
| P/OCF | 9.26 | 8.35 | 8.01 | 8.61 | 5.88 | 9.89 | 7.68 | 11.74 | 9.19 | 13.33 | 15.65 |
P/E links to full P/E history page with 30-year chart
FMNB EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Farmers National Banc Corp.'s enterprise value stands at 13.9x EBITDA, 17% above its 5-year average of 11.9x. The Financial Services sector median is 11.4x, placing the stock at a 22% premium on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 3.12 | 3.36 | 3.75 | 3.60 | 3.89 | 2.93 | 4.26 | 5.02 | 6.56 | 6.03 |
| EV / EBITDA | 13.88 | 13.04 | 14.62 | 14.49 | 8.24 | 9.17 | 8.15 | 12.06 | 14.27 | 18.90 | 18.20 |
| EV / EBIT | 13.88 | 13.04 | 16.31 | 16.30 | 8.80 | 9.69 | 8.66 | 12.86 | 15.39 | 20.69 | 20.58 |
| EV / FCF | — | 16.26 | 16.46 | 16.20 | 8.12 | 11.24 | 9.59 | 14.85 | 15.38 | 23.17 | 24.56 |
FMNB Profitability
Margins and return-on-capital ratios measuring operating efficiency
Farmers National Banc Corp. earns an operating margin of 23.9%, above the Financial Services sector average of 20.3%. ROE of 12.2% is modest. ROIC of 5.9% represents adequate returns on invested capital versus a sector median of 5.5%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 63.8% | 63.8% | 60.2% | 66.8% | 89.3% | 91.4% | 83.0% | 83.0% | 86.1% | 90.2% | 91.4% |
| Operating Margin | 23.9% | 23.9% | 20.6% | 23.0% | 40.9% | 40.2% | 33.9% | 33.1% | 32.6% | 31.7% | 29.3% |
| Net Profit Margin | 20.1% | 20.1% | 17.1% | 19.6% | 34.1% | 33.5% | 28.2% | 27.5% | 27.8% | 21.7% | 21.5% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 12.2% | 12.2% | 11.3% | 14.3% | 15.8% | 12.6% | 12.9% | 12.7% | 12.9% | 10.0% | 10.0% |
| ROA | 1.1% | 1.1% | 0.9% | 1.1% | 1.5% | 1.4% | 1.5% | 1.5% | 1.5% | 1.1% | 1.1% |
| ROIC | 5.9% | 5.9% | 5.1% | 6.7% | 10.5% | 9.4% | 8.9% | 6.9% | 5.5% | 5.2% | 4.8% |
| ROCE | 2.4% | 2.4% | 10.1% | 12.1% | 14.3% | 11.8% | 12.2% | 13.3% | 13.9% | 13.1% | 11.7% |
FMNB Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Farmers National Banc Corp. carries a Debt/EBITDA ratio of 5.7x, which is highly leveraged (33% above the sector average of 4.3x). Net debt stands at $347M ($368M total debt minus $20M cash). Interest coverage of just 0.7x is concerning — the company has limited headroom to absorb earnings volatility before struggling with debt service.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.76 | 0.76 | 0.96 | 1.10 | 0.63 | 0.19 | 0.23 | 0.41 | 0.96 | 1.23 | 1.00 |
| Debt / EBITDA | 5.65 | 5.65 | 6.33 | 6.72 | 2.36 | 1.34 | 1.48 | 2.66 | 6.08 | 8.17 | 6.73 |
| Net Debt / Equity | — | 0.71 | 0.91 | 1.03 | 0.55 | 0.12 | 0.17 | 0.33 | 0.89 | 1.15 | 0.91 |
| Net Debt / EBITDA | 5.34 | 5.34 | 6.00 | 6.28 | 2.08 | 0.89 | 1.09 | 2.16 | 5.64 | 7.68 | 6.11 |
| Debt / FCF | — | 6.65 | 6.75 | 7.02 | 2.05 | 1.09 | 1.29 | 2.65 | 6.07 | 9.41 | 8.25 |
| Interest Coverage | 0.71 | 0.71 | 0.56 | 0.78 | 4.06 | 7.33 | 3.12 | 2.20 | 2.89 | 4.82 | 6.41 |
FMNB Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
The current ratio of 0.33x is below 1.0, meaning current liabilities exceed current assets.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.33 | 0.33 | 0.14 | 0.29 | 0.35 | 0.41 | 0.23 | 0.22 | 0.21 | 0.22 | 0.23 |
| Quick Ratio | 0.33 | 0.33 | 0.14 | 0.29 | 0.35 | 0.41 | 0.23 | 0.22 | 0.21 | 0.22 | 0.23 |
| Cash Ratio | 0.07 | 0.07 | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Asset Turnover | — | 0.05 | 0.05 | 0.05 | 0.04 | 0.04 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
FMNB Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Farmers National Banc Corp. returns 4.8% to shareholders annually primarily through dividends. A payout ratio of 46.7% is moderate and appears sustainable, balancing shareholder returns with reinvestment capacity. The earnings yield of 10.3% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 4.8% | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | 46.7% | 46.7% | 55.3% | 50.9% | 36.3% | 27.1% | 30.2% | 29.5% | 25.5% | 26.5% | 21.0% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 10.3% | 10.9% | 8.6% | 9.2% | 12.7% | 9.5% | 11.1% | 7.8% | 9.1% | 5.6% | 5.4% |
| FCF Yield | 9.4% | 10.4% | 10.3% | 10.9% | 16.5% | 9.9% | 12.0% | 8.2% | 10.8% | 7.3% | 6.1% |
| Buyback Yield | 0.0% | — | — | — | — | — | — | — | — | — | — |
| Total Shareholder Yield | 4.8% | — | — | — | — | — | — | — | — | — | — |
| Shares Outstanding | — | $38M | $38M | $37M | $34M | $29M | $28M | $28M | $28M | $28M | $27M |
Peer Comparison
Compare FMNB with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 FMNBYou | $556M | 9.8 | 13.9 | 10.7 | 63.8% | 23.9% | 12.2% | 5.9% | 5.7 |
 OVBC | $227M | 14.5 | 14.5 | 13.3 | 67.6% | 20.6% | 9.7% | 6.9% | 2.8 |
 CFFI | $255M | 9.5 | 10.8 | 11.5 | 69.5% | 17.8% | 11.0% | 6.8% | 3.5 |
 CZWI | $205M | 14.6 | 15.6 | 19.8 | 54.7% | 7.0% | 7.9% | 2.0% | 5.8 |
 LARK | $179M | 9.6 | 8.3 | 8.5 | 71.2% | 24.0% | 12.6% | 8.3% | 1.5 |
 MVBF | $355M | 13.4 | 5.1 | 168.0 | 71.7% | 13.6% | 8.4% | 7.0% | 2.1 |
 FRST | $382M | 6.2 | 6.9 | 42.2 | 67.6% | 23.2% | 15.6% | 9.2% | 3.6 |
 FFIC | $524M | 28.6 | 24.8 | 9.4 | 41.9% | 7.6% | 2.6% | 1.7% | 14.9 |
 HONE | $522M | 18.3 | 20.8 | 200.7 | 50.9% | 10.9% | 4.7% | 2.3% | 13.3 |
 CHMG | $341M | 22.7 | 14.3 | 7.7 | 64.2% | 14.2% | 6.4% | 5.0% | 0.2 |
 FNF | $13B | 21.2 | 6.6 | 2.0 | 98.2% | 9.9% | 6.9% | 10.1% | 2.1 |
| Financial Services Median | — | 13.6 | 11.4 | 11.1 | 64.1% | 20.3% | 9.0% | 5.5% | 4.3 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
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Includes 30+ ratios · 30 years · Updated daily
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FMNB — Frequently Asked Questions
Quick answers to the most common questions about buying FMNB stock.
What is Farmers National Banc Corp.'s P/E ratio?
Farmers National Banc Corp.'s current P/E ratio is 9.8x. The historical average is 14.0x. This places it at the 24th percentile of its historical range.
What is Farmers National Banc Corp.'s EV/EBITDA?
Farmers National Banc Corp.'s current EV/EBITDA is 13.9x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 15.4x.
What is Farmers National Banc Corp.'s ROE?
Farmers National Banc Corp.'s return on equity (ROE) is 12.2%. The historical average is 10.6%.
Is FMNB stock overvalued?
Based on historical data, Farmers National Banc Corp. is trading at a P/E of 9.8x. This is at the 24th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is Farmers National Banc Corp.'s dividend yield?
Farmers National Banc Corp.'s current dividend yield is 4.79% with a payout ratio of 46.7%.
What are Farmers National Banc Corp.'s profit margins?
Farmers National Banc Corp. has 63.8% gross margin and 23.9% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
How much debt does Farmers National Banc Corp. have?
Farmers National Banc Corp.'s Debt/EBITDA ratio is 5.7x, indicating high leverage. A ratio above 4x may signal elevated financial risk.