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Farmers National Banc posts solid Q4 results, eyes merger

Story Highlights
  • Farmers National Banc posted higher Q4 2025 earnings, stronger margins and diversified fee income.
  • The bank improved credit metrics and capital while preparing to merge with Middlefield Banc Corp. in 2026.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Farmers National Banc posts solid Q4 results, eyes merger

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Farmers National Banc Oh ( (FMNB) ) has provided an update.

On January 28, 2026, Farmers National Banc Corp. reported fourth-quarter 2025 net income of $14.6 million, or $0.39 per diluted share, up slightly from a year earlier, with adjusted earnings of $15.1 million, or $0.40 per share, after excluding merger and securities-related costs. The bank extended its record to 172 consecutive profitable quarters, improved its net interest margin to 3.05% amid Fed rate cuts, and posted a full-year 3.6% increase in core customer deposits and stronger noninterest income across trust, insurance and retirement services. While loans contracted quarter over quarter due to higher commercial payoffs and credit costs rose on two sizeable charge-offs, nonperforming loans fell sharply from the prior quarter and capital strengthened, as total assets reached $5.25 billion and stockholders’ equity climbed to $485.7 million. Management highlighted the announced merger with Middlefield Banc Corp., expected to close in the first quarter of 2026, positioning Farmers to expand its community banking platform and potentially enhance long-term shareholder value.

The most recent analyst rating on (FMNB) stock is a Buy with a $15.00 price target. To see the full list of analyst forecasts on Farmers National Banc Oh stock, see the FMNB Stock Forecast page.

Spark’s Take on FMNB Stock

According to Spark, TipRanks’ AI Analyst, FMNB is a Outperform.

The score is driven primarily by solid underlying financial performance (strong revenue growth and profitability, improved leverage) and attractive valuation (low P/E and high dividend yield). Offsetting these positives are weak technical signals and mixed cash-flow trends, while the pending merger is a modest positive but still execution/approval dependent.

To see Spark’s full report on FMNB stock, click here.

More about Farmers National Banc Oh

Farmers National Banc Corp., based in Canfield, Ohio, is a Nasdaq-listed community banking company that provides traditional banking services, including loans, deposits and wealth management offerings such as trust, insurance and retirement plan services, with a focus on disciplined growth and prudent risk management in its regional markets.

Average Trading Volume: 194,357

Technical Sentiment Signal: Buy

Current Market Cap: $508.3M

See more data about FMNB stock on TipRanks’ Stock Analysis page.

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