Farmers National Banc CorpFMNB
FMNB
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
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
300% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 4
24% more capital invested
Capital invested by funds: $176M [Q2] → $218M (+$41.9M) [Q3]
14% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 37
11% more funds holding
Funds holding: 110 [Q2] → 122 (+12) [Q3]
0.85% more ownership
Funds ownership: 37.58% [Q2] → 38.43% (+0.85%) [Q3]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$17
17%
upside
Avg. target
$17
17%
upside
High target
$17
17%
upside
1 analyst rating
0 positive
0%
1 neutral
100%
0 negative
0%
Piper Sandler Adam Butler 0 / 0 met price target | 17%upside $17 | Neutral Assumed | 21 Nov 2024 |
Financial journalist opinion
Neutral
Business Wire
4 days ago
Farmers National Banc Corp. Acquires Crest Retirement Advisors LLC
CANFIELD, Ohio--(BUSINESS WIRE)--Farmers National Banc Corp. (“Farmers” or the “Company”) (NASDAQ: FMNB) today announced that National Associates, Inc., a subsidiary of Farmers, has completed the acquisition of Crest Retirement Advisors LLC (“Crest”). The transaction closed on December 16, 2024, and is expected to be accretive to earnings immediately. Crest will continue to operate under its name and from its current location in Dublin, Ohio but is expected to merge with National Associates Inc.
Neutral
Business Wire
3 weeks ago
Farmers National Banc Corp. Declares Quarterly Cash Dividend
CANFIELD, Ohio--(BUSINESS WIRE)--On November 26, 2024, the Board of Directors of the Farmers National Banc Corp. (NASDAQ: FMNB) declared a quarterly cash dividend of $0.17 per share. The common stock cash dividend will have a record date of December 13, 2024, and is payable to shareholders on December 31, 2024. ABOUT FARMERS NATIONAL BANC CORP. Founded in 1887, Farmers National Banc Corp. is a diversified financial services company headquartered in Canfield, Ohio, with $5.2 billion in banking a.
Positive
Zacks Investment Research
1 month ago
Farmers National (FMNB) Reports Q3 Earnings: What Key Metrics Have to Say
Although the revenue and EPS for Farmers National (FMNB) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Negative
Zacks Investment Research
1 month ago
Farmers National Banc (FMNB) Misses Q3 Earnings Estimates
Farmers National Banc (FMNB) came out with quarterly earnings of $0.23 per share, missing the Zacks Consensus Estimate of $0.34 per share. This compares to earnings of $0.40 per share a year ago.
Neutral
Business Wire
1 month ago
Farmers National Banc Corp. Announces Earnings for the Third Quarter of 2024
CANFIELD, Ohio--(BUSINESS WIRE)--Farmers National Banc Corp. (“Farmers” or the “Company”) (NASDAQ: FMNB) today announced net income of $8.5 million, or $0.23 per diluted share, for the quarter ended September 30, 2024, compared to $13.3 million, or $0.36 per diluted share, for the quarter ended September 30, 2023. Net income in the third quarter of 2024 was impacted by a single $12.5 million commercial credit backed by office space which resulted in a $4.4 million charge-off along with the esta.
Negative
Zacks Investment Research
2 months ago
Analysts Estimate Farmers National Banc (FMNB) to Report a Decline in Earnings: What to Look Out for
Farmers National (FMNB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Positive
Zacks Investment Research
3 months ago
Best Income Stocks to Buy for September 19th
FMNB, BPRN and LYTS made it to the Zacks Rank #1 (Strong Buy) income stocks list on September 19, 2024.
Positive
Seeking Alpha
3 months ago
Farmers National Banc Corp.: Attractive Dividend Yield Plus Good Earnings Outlook Thanks To Rate Cuts
Interest rate cuts will not only boost loan growth, but also drive the margin up. Loan growth will be weak in the agricultural segment. However, residential and non-farm commercial loans should make up for agricultural loans. The year-end target price suggests a small upside. Further, FMNB is offering a dividend yield of 4.4%.
Positive
Zacks Investment Research
3 months ago
Best Income Stocks to Buy for August 29th
MPLX, FLIC and FMNB made it to the Zacks Rank #1 (Strong Buy) income stocks list on August 29, 2024.
Neutral
Business Wire
3 months ago
Farmers National Banc Corp. Declares Quarterly Cash Dividend
CANFIELD, Ohio--(BUSINESS WIRE)--On August 27, 2024, the Board of Directors of the Farmers National Banc Corp. (NASDAQ: FMNB) declared a quarterly cash dividend of $0.17 per share. The common stock cash dividend will have a record date of September 13, 2024, and is payable to shareholders on September 30, 2024. ABOUT FARMERS NATIONAL BANC CORP. Founded in 1887, Farmers National Banc Corp. is a diversified financial services company headquartered in Canfield, Ohio, with $5.2 billion in banking a.
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