Farmers National Banc Oh (FMNB) AI Stock Analysis

• Market Cap: $536.46M
• Dividend Yield: 4.7%
• Average Volume (3M): 93.63K
• Price to Earnings (P/E): 10.6
• Beta (1Y): 0.90
• Revenue Growth: 6.15%
• EPS Growth: -1.27%
• Country: US
• Employees: 682
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): 0.37
• Shares Outstanding: 37,646,550
• 10 Day Avg. Volume: 92,700
• 30 Day Avg. Volume: 93,632
• 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: 1.48
• Enterprise Value/Revenue: 2.91
• Enterprise Value/Gross Profit: 4.78
• Enterprise Value/Ebitda: 12.28
• 1Y Price Target: $15.50
• Price Target Upside: 8.32% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 73 Outperform
• Price Target: $15.50 ▲(8.32% Upside)

Farmers National Banc's overall stock score reflects solid financial performance and attractive valuation, supported by strong earnings growth and a positive outlook. Technical analysis presents mixed signals, with stable price trends but potential bearish momentum. The company's strong dividend yield and disciplined growth strategy further enhance its investment appeal.

Farmers National Banc Oh Business Overview & Revenue Model

Company Description

Farmers National Banc Corp., a financial holding company, operates in the banking, trust, retirement consulting, insurance, and financial management industries. 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, MasterCard and Visa credit cards, brokerage, and other services. The company also provides personal and corporate trust services in the areas of estate settlement, trust administration, and employee benefit plans; retirement services; property and casualty insurance products and services; and various insurance products through licensed representatives, as well as invests in municipal securities. It operates through 47 locations in northeastern region of Ohio and one location in southwestern Pennsylvania. The company was founded in 1887 and is based in Canfield, Ohio.

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 demonstrates solid financial performance with strong revenue growth and effective cost management. The balance sheet is stable with managed leverage, although profitability could be improved. Cash flow generation supports operational activities well.

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	273.82M	269.45M	255.20M	177.91M	154.65M	148.49M
Gross Profit	166.51M	162.12M	170.49M	158.87M	141.29M	123.25M
EBITDA	64.82M	61.83M	66.03M	77.73M	65.65M	53.39M
Net Income	48.29M	45.95M	49.93M	60.60M	51.84M	41.88M
Balance Sheet
Total Assets	5.16B	5.12B	5.08B	4.08B	4.14B	3.07B
Cash, Cash Equivalents and Short-Term Investments	686.16M	651.92M	1.33B	1.29B	1.46B	596.10M
Total Debt	188.28M	391.15M	443.66M	183.21M	87.76M	78.91M
Total Liabilities	4.73B	4.71B	4.67B	3.79B	3.67B	2.72B
Stockholders Equity	429.13M	406.03M	404.42M	292.30M	472.43M	350.10M
Cash Flow
Free Cash Flow	54.94M	54.92M	59.05M	78.18M	53.56M	45.37M
Operating Cash Flow	68.57M	66.61M	62.93M	81.50M	54.93M	49.07M
Investing Cash Flow	-115.12M	-95.13M	77.94M	-205.51M	-423.61M	-159.89M
Financing Cash Flow	11.17M	10.59M	-112.76M	86.77M	226.85M	294.68M

Farmers National Banc Oh Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 14.31
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FMNB, the sentiment is Positive. The current price of 14.31 is above the 20-day moving average (MA) of 13.75, above the 50-day MA of 13.67, and above the 200-day MA of 13.59, indicating a bullish trend. The MACD of 0.09 indicates Negative momentum. The RSI at 59.52 is Neutral, neither overbought nor oversold. The STOCH value of 92.35 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FMNB.

Farmers National Banc Oh Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CCNE	75 Outperform	$707.70M	10.10	9.27%	2.90%	7.40%	2.01%
CBNK	75 Outperform	$541.29M	12.19	13.36%	1.29%	22.14%	12.06%
FMNB	73 Outperform	$536.46M	10.63	12.08%	4.70%	6.15%	-1.27%
NPB	70 Outperform	$537.12M	―		0.33%	―	―
PGC	69 Neutral	$470.68M	14.64	5.31%	0.74%	7.35%	-2.65%
Sector *	68 Neutral	$17.48B	11.72	10.44%	3.82%	10.01%	1.29%
FISI	57 Neutral	$523.37M	8.52	-6.53%	4.61%	-29.94%	-178.36%

Farmers National Banc Oh Corporate Events

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.