Farmers National Banc CorpFMNB
About: Farmers National Banc Corp is a one-bank holding company engaged in financial activities, including securities underwriting and dealing, insurance agency and underwriting activities, and merchant banking activities. It operates in the domestic banking, trust, retirement consulting, insurance, and financial management industries. The company has two operating segments of business; the Bank segment, and the Trust segment, out of which the majority of company's revenue is derived from the bank segment.
Employees: 666
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
4,511% more call options, than puts
Call options by funds: $415K | Put options by funds: $9K
42% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 33
0.66% less ownership
Funds ownership: 37.83% [Q1] → 37.17% (-0.66%) [Q2]
8% less funds holding
Funds holding: 119 [Q1] → 110 (-9) [Q2]
8% less capital invested
Capital invested by funds: $190M [Q1] → $174M (-$15.4M) [Q2]
45% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 20
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Raymond James Daniel Tamayo 73% 1-year accuracy 16 / 22 met price target | 19%upside $18 | Outperform Maintained | 25 Jul 2024 |
Keefe, Bruyette & Woods Timothy Switzer 67% 1-year accuracy 2 / 3 met price target | 1%downside $15 | Market Perform Reiterated | 25 Jul 2024 |