Farmers National Banc Oh (FMNB) AI Stock Analysis

• Market Cap: $524.42M
• Dividend Yield: 5.12%
• Average Volume (3M): 93.71K
• Price to Earnings (P/E): 9.7
• Beta (1Y): 0.83
• Revenue Growth: 3.93%
• EPS Growth: 17.27%
• Country: US
• Employees: 682
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): 0.33
• Shares Outstanding: 37,646,550
• 10 Day Avg. Volume: 87,548
• 30 Day Avg. Volume: 93,708
• PEG Ratio: -1.41
• Price to Book (P/B): 1.31
• Price to Sales (P/S): 1.97
• P/FCF Ratio: 9.66
• Enterprise Value/Market Cap: 1.47
• Enterprise Value/Revenue: 2.79
• Enterprise Value/Gross Profit: 4.56
• Enterprise Value/Ebitda: 11.49
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 67 Neutral
• Price Target: $14.50 ▲(4.24% Upside)

Farmers National Banc Oh's overall stock score is driven by its strong financial performance and attractive valuation. However, technical indicators suggest bearish momentum, which could impact short-term performance. The company's reliance on debt and potential liquidity challenges are risks to monitor.

Farmers National Banc Oh Business Overview & Revenue Model

Company Description

Farmers National Banc Corp (FMNB) is a diversified financial services company headquartered in Canfield, Ohio. The company primarily operates through its banking subsidiary, Farmers National Bank, which provides a wide range of financial products and services, including personal and commercial banking, wealth management, and mortgage services. FMNB serves customers in Ohio and Pennsylvania, focusing on delivering personalized banking solutions and fostering strong community relationships.

How the Company Makes Money

Farmers National Banc Corp generates revenue through several key streams. The primary revenue source is the interest income derived from loans, including commercial, residential, and consumer loans. Additionally, FMNB earns non-interest income from various services such as fees on deposit accounts, wealth management services, and mortgage origination fees. The company also engages in investment activities, earning returns from its investment portfolio. Partnerships with local businesses and community organizations enhance customer acquisition and retention, further contributing to its earnings. Overall, FMNB's diversified financial services model allows it to capitalize on multiple revenue channels, stabilizing its financial performance.

Farmers National Banc Oh Financial Statement Overview

Summary

Farmers National Banc shows solid financial performance with steady revenue growth and effective cost management. The balance sheet is stable, with managed leverage and a satisfactory equity ratio. Cash flow generation remains strong, supporting operational and investment activities. However, there is a slight decline in net profit margin and return on equity, indicating a need for improved profitability.

Income Statement

The company exhibits steady revenue growth with a 6.8% increase in the latest TTM compared to the previous period. The gross profit margin is strong at 60.8%, indicating effective cost management. However, the net profit margin has slightly decreased to 17.6%, reflecting a minor decline in profitability. EBIT and EBITDA margins are stable at 21.3% and 23.7%, respectively, showcasing consistent operational efficiency.

Balance Sheet

Farmers National Banc's balance sheet shows a favorable equity ratio of 8.3%, suggesting a stable financial structure, though slightly below industry averages. The debt-to-equity ratio has decreased to 0.44, indicating prudent leverage management. Return on equity is healthy at 11.2%, although it has seen a slight decline, which suggests a need for improved profitability.

Cash Flow

The company demonstrates a robust free cash flow growth rate with consistent cash generation. The operating cash flow to net income ratio is at 1.42, indicating strong cash earnings quality. However, the free cash flow to net income ratio is slightly lower at 1.14, pointing to moderate investment in capital expenditures.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	277.20M	269.45M	255.20M	177.91M	154.65M	148.49M
Gross Profit	169.44M	162.12M	170.49M	158.87M	141.29M	123.25M
EBITDA	67.23M	61.83M	66.03M	77.73M	65.65M	53.39M
Net Income	50.41M	45.95M	49.93M	60.60M	51.84M	41.88M
Balance Sheet
Total Assets	5.18B	5.12B	5.08B	4.08B	4.14B	3.07B
Cash, Cash Equivalents and Short-Term Investments	1.37B	651.92M	1.33B	1.29B	1.46B	596.10M
Total Debt	289.43M	391.15M	443.66M	183.21M	87.76M	78.91M
Total Liabilities	4.74B	4.71B	4.67B	3.79B	3.67B	2.72B
Stockholders Equity	437.75M	406.03M	404.42M	292.30M	472.43M	350.10M
Cash Flow
Free Cash Flow	53.66M	54.92M	59.05M	78.18M	53.56M	45.37M
Operating Cash Flow	66.66M	66.61M	62.93M	81.50M	54.93M	49.07M
Investing Cash Flow	-114.79M	-95.13M	77.94M	-205.51M	-423.61M	-159.89M
Financing Cash Flow	-42.12M	10.59M	-112.76M	86.77M	226.85M	294.68M

Farmers National Banc Oh Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 13.91
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FMNB, the sentiment is Negative. The current price of 13.91 is below the 20-day moving average (MA) of 14.09, below the 50-day MA of 14.40, and above the 200-day MA of 13.46, indicating a bearish trend. The MACD of -0.21 indicates Positive momentum. The RSI at 34.57 is Neutral, neither overbought nor oversold. The STOCH value of 35.48 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for FMNB.

Farmers National Banc Oh Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TCBX	78 Outperform	$542.94M	13.09	12.21%	―	10.44%	62.82%
GNTY	75 Outperform	―	―	―	―	1.61%	38.81%
CBNK	71 Outperform	$492.95M	11.10	13.36%	1.41%	22.14%	12.06%
BCAL	71 Outperform	$539.47M	19.17	7.44%	―	88.14%	0.65%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
FMNB	67 Neutral	$524.42M	9.65	12.00%	5.12%	3.93%	17.27%
FISI	55 Neutral	$535.45M	―	-6.53%	4.62%	-29.94%	-178.36%

Farmers National Banc Oh Corporate Events

Farmers National Banc Corp. Reports Strong Q3 Earnings

Farmers National Banc Corp., headquartered in Canfield, Ohio, is a diversified financial services company primarily engaged in commercial and retail banking, with operations extending across Ohio and Pennsylvania. The company also offers wealth management and insurance services through its subsidiaries.

Farmers National Banc Reports Strong Q3 2025 Results

On October 22, 2025, Farmers National Banc Corp. reported strong financial results for the third quarter of 2025, with net income rising to $12.5 million, marking 171 consecutive quarters of profitability. The company announced a merger with Middlefield Banc Corp., expected to close in early 2026, which will expand its assets to over $7.4 billion and enhance its market presence in Ohio and Pennsylvania. This strategic move is anticipated to offer significant benefits for shareholders, despite challenges such as increased non-performing loans and a decline in noninterest income.

The most recent analyst rating on (FMNB) stock is a Hold with a $14.50 price target. To see the full list of analyst forecasts on Farmers National Banc Oh stock, see the FMNB Stock Forecast page.

Farmers National Banc Corp. Reports Strong Q2 2025 Earnings

Farmers National Banc Corp., headquartered in Canfield, Ohio, is a diversified financial services company operating primarily in the banking sector, with a focus on community banking and wealth management services across Ohio and Pennsylvania.

Farmers National Banc Reports Strong Q2 Earnings Growth

On July 23, 2025, Farmers National Banc Corp. announced its second quarter earnings, reporting a net income of $13.9 million, an increase from the previous year. The company experienced strong loan growth, particularly in commercial loans, and improved its net interest margin and efficiency ratio. Despite a rise in non-performing loans, the company maintained a positive outlook due to its strong community banking approach and disciplined growth strategy. The announcement highlighted the company’s continued profitability over 170 consecutive quarters and its focus on prudent expense management and relationship-driven banking.

The most recent analyst rating on (FMNB) stock is a Hold with a $14.00 price target. To see the full list of analyst forecasts on Farmers National Banc Oh stock, see the FMNB Stock Forecast page.