Farmers National Banc (NASDAQ:FMNB) Issues Quarterly Earnings Results

Posted by Donna Armstrong on Jan 31st, 2025

Farmers National Banc (NASDAQ:FMNB – Get Free Report) announced its quarterly earnings results on Wednesday. The bank reported $0.39 EPS for the quarter, beating the consensus estimate of $0.34 by $0.05, Zacks reports. Farmers National Banc had a return on equity of 11.71% and a net margin of 17.05%.

Farmers National Banc Stock Down 0.6 %

Shares of FMNB opened at $13.99 on Friday. The company’s 50-day simple moving average is $14.46 and its 200-day simple moving average is $14.66. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.74 and a current ratio of 0.74. Farmers National Banc has a 1 year low of $11.55 and a 1 year high of $16.32. The stock has a market capitalization of $525.88 million, a PE ratio of 11.47 and a beta of 0.86.

Farmers National Banc Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were given a $0.17 dividend. This represents a $0.68 annualized dividend and a yield of 4.86%. The ex-dividend date was Friday, December 13th. Farmers National Banc’s dividend payout ratio is currently 55.74%.

Analysts Set New Price Targets

A number of research analysts have commented on FMNB shares. StockNews.com raised shares of Farmers National Banc from a “sell” rating to a “hold” rating in a research report on Thursday, December 19th. Piper Sandler restated a “neutral” rating and issued a $17.00 price objective on shares of Farmers National Banc in a report on Thursday, November 21st.

Check Out Our Latest Research Report on Farmers National Banc

About Farmers National Banc

(Get Free Report)

Farmers National Banc Corp. operates as a bank holding company for The Farmers National Bank of Canfield engages in the banking, trust, retirement consulting, insurance, and financial management businesses. 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, brokerage, and other services.