Profile
Sector:
Financial ServicesIndustry:
Banks - RegionalCountry:
United StatesIPO:
04 January 1999Website:
http://www.farmersbankgroup.comNext earnings report:
24 January 2025Last dividends:
13 September 2024Next dividends:
N/APrice
after hours | Fri, 01 Nov 2024 20:19:46 GMTAnalysts recommendations
Institutional Ownership
FMNB Latest News
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%.
Farmers National (FMNB) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Farmers National Banc (FMNB) came out with quarterly earnings of $0.33 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.41 per share a year ago.
Farmers National (FMNB) is well-poised to gain from a solid loan balance, strategic buyouts and strong balance sheet position.
Farmers National (FMNB) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Farmers National Banc (FMNB) came out with quarterly earnings of $0.41 per share, beating the Zacks Consensus Estimate of $0.36 per share. This compares to earnings of $0.42 per share a year ago.
HDSN, FMNB and WBA have been added to the Zacks Rank #5 (Strong Sell) List on September 5, 2023.
Farmers National Banc (FMNB) came out with quarterly earnings of $0.41 per share, missing the Zacks Consensus Estimate of $0.42 per share. This compares to earnings of $0.49 per share a year ago.
Farmers National Banc Corp has been profitable for 161 consecutive quarters and recently bought back 2.2% of its shares. The bank has a dividend yield of 5% and a low valuation. The bank, operational since 1887, has grown its wealth management assets to $3.1 billion and has a return on equity of 13.49% over the last 12 months. It plans to expand further through acquisitions. FMNB's fundamentals remain strong as it grows its deposit base efficiently from acquisitions. The bank has also been consistent in growing its dividend and buying back shares.
Farmers National Banc (FMNB) came out with quarterly earnings of $0.44 per share, beating the Zacks Consensus Estimate of $0.36 per share. This compares to earnings of $0.51 per share a year ago.
What type of business is Farmers National Banc?
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. The company also provides personal and corporate trust services in the areas of estate settlement, trust administration, employee benefit plans, and retirement services; property and casualty insurance products and services; and various insurance products through licensed representatives, as well as invests in municipal securities. The company was founded in 1887 and is headquartered in Canfield, Ohio.
What sector is Farmers National Banc in?
Farmers National Banc is in the Financial Services sector
What industry is Farmers National Banc in?
Farmers National Banc is in the Banks - Regional industry
What country is Farmers National Banc from?
Farmers National Banc is headquartered in United States
When did Farmers National Banc go public?
Farmers National Banc initial public offering (IPO) was on 04 January 1999
What is Farmers National Banc website?
https://www.farmersbankgroup.com
Is Farmers National Banc in the S&P 500?
No, Farmers National Banc is not included in the S&P 500 index
Is Farmers National Banc in the NASDAQ 100?
No, Farmers National Banc is not included in the NASDAQ 100 index
Is Farmers National Banc in the Dow Jones?
No, Farmers National Banc is not included in the Dow Jones index
When was Farmers National Banc the previous earnings report?
No data
When does Farmers National Banc earnings report?
The next expected earnings date for Farmers National Banc is 24 January 2025