Farmers National Banc Corp.

Farmers National Banc Corp.

FMNB
Farmers National Banc Corp.US flagNASDAQ Capital Market
15.20
USD
-0.10
- -
900.56MMarket Cap
Farmers National Banc Corp.
FMNB
(NASDAQ Capital Market)

Recent

price

15.20

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
3.73
2.69
2.63
2.65
2.77
3
3.38
3.54
3.76
3.98
4.68
5.02
4.73
4.82
4.55
5.04
4.98
Revenue per Share
0.66
0.5
0.53
0.41
0.48
0.36
0.76
0.82
1.18
1.29
1.48
1.78
1.79
1.34
1.23
1.46
1.48
Basic EPS, GAAP
1.26
0.57
0.41
0.75
0.6
0.22
0.88
1.07
1.38
1.35
1.6
1.84
2.33
1.58
1.47
1.4
1.35
Free Cash Flow per Basic Share
0.12
0.12
0.18
0.12
0.12
0.12
0.16
0.22
0.3
0.38
0.45
0.48
0.65
0.68
0.68
0.68
0.65
Dividend per Share
6.45
6.1
6.43
6.02
6.71
7.35
7.88
8.79
9.44
10.82
12.42
13.94
8.58
10.78
10.8
12.9
13.24
Book Value per Share
5.95
5.76
6.11
5.47
6.23
5.76
6.21
7.14
7.86
9.28
10.66
10.91
5.6
5.71
5.8
7.98
8.05
Tangible Book Value per Share
14
18
19
19
19
23
27
28
28
28
28
29
34
37
37
37
45
Basic Weighted Avg Shares
51
49
49
50
52
68
91
98
104
110
132
146
160
180
170
189
224
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
2
2
2
2
2
3
4
3
3
3
3
4
5
7
6
7
8
Depreciation Expense
9
9
10
8
9
8
21
23
33
36
42
52
61
50
46
55
66
Net Income, GAAP
22.05
21.6
23.52
17.79
22.7
23.68
26.69
31.51
14.93
16.98
16.7
16.53
16.8
14.93
17.1
16.08
16.46
Effective Tax Rate (%)
17.78
18.76
20.07
15.62
17.36
11.84
22.5
23.25
31.32
32.39
31.64
35.47
37.87
27.79
27.02
28.95
29.7
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Working Capital
25
11
10
20
18
22
15
7
6
45
76
88
88
89
86
87
94
LT Debt
88
114
121
113
124
198
213
242
262
299
350
472
292
404
406
486
784
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
10.66
9.1
8.44
6.66
7.58
5.01
10
9.98
12.91
12.73
12.9
12.61
15.85
14.33
11.34
12.24
10.87
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
281
341
361
LT Borrowings
87
94
94
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
38
59
59
Market Capitalization
502
779
865

Working Capital

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
754
774
765
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
281
341
361
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
11.58%
11.04%
19.63%
Free Cash Flow
47.34%
5.65%
-4.99%
Net Income, GAAP
26.99%
6.78%
18.8%
Sales/Revenue/Turnover
11.14%
7.55%
10.87%
Total Cash Common Dividend
26.86%
16.66%
0.31%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
40
42
44
44
170
2025
45
47
48
49
189
2026
56
70
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.3
0.32
0.23
0.38
1.23
2025
0.36
0.37
0.33
0.39
1.46
2026
0.36
0.39
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.17
0.17
0.17
0.17
0.68
2025
0.17
0.17
0.17
0.17
0.68
2026
0.14
0.17
- -
- -
- -
Business
Farmers National Banc Corp. operates as a diversified financial holding company headquartered in Canfield, Ohio, principally engaged in commercial and retail banking as well as trust services. The company provides a comprehensive suite of banking products including checking accounts, savings accounts, time deposits; commercial, mortgage, installment, and home equity loans; home equity lines of credit; and consumer loan products such as vehicle and home improvement loans. Additionally, it offers trust and fiduciary services focusing on estate settlement, trust administration, employee benefit plans, and retirement solutions through its subsidiary Farmers Trust Company. Farmers National Banc Corp. services clients primarily across Ohio and western Pennsylvania, operating 62 banking locations in counties including Mahoning, Trumbull, Columbiana, and Cuyahoga in Ohio, and Beaver, Butler, Allegheny, and others in Pennsylvania. Founded in 1987, the company has expanded through strategic acquisitions and organic growth. Notably, in October 2025, Farmers National Banc Corp. announced an all-stock merger agreement valued at approximately $299 million to acquire Middlefield Banc Corp., marking its seventh bank acquisition since 2015. This transaction significantly increases Farmers National's assets to about $7.4 billion and expands its branch network to 83 locations, enhancing its footprint notably in Northeast, Central, and Western Ohio, including the Columbus market. The merger aims to achieve operational efficiencies and cost savings through integration and conversion to a new core banking platform, positioning the company for improved profitability and scale. Farmers National Banc Corp. also emphasizes commercial lending, deposit gathering, wealth management, retirement consulting, insurance, and financial management services, targeting community-focused retail and commercial customers. The company’s strategic moves, such as the Middlefield acquisition, reflect its focus on expanding regional market share while maintaining community banking values and customer service excellence. The company continues to strengthen its executive team and operational capabilities to support growth and enhance shareholder value.

Company News

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  • Connor Clark & Lunn Investment Management Ltd. Makes New Investment in Farmers National Banc Corp. $FMNB

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  • Farmers National Banc Corp. Announces 5.6% Increase in Quarterly Cash Dividend

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  • Farmers National Banc (FMNB) Q2 Earnings and Revenues Surpass Estimates

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  • Farmers National Banc Corp. Declares Quarterly Cash Dividend

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  • Farmers National Banc Corp. Announces Results for First Quarter of 2026

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