Farmers National Banc Oh (FMNB) AI Stock Analysis

• Market Cap: $504.01M
• Dividend Yield: 5.08%
• Average Volume (3M): 107.59K
• Price to Earnings (P/E): 10.2
• Beta (1Y): 0.88
• Revenue Growth: 6.15%
• EPS Growth: -1.38%
• Country: US
• Employees: 682
• Sector: Financial
• Sector Strength: 72
• Industry: Banks - Regional
• EPS (TTM): 0.37
• Shares Outstanding: 37,640,526
• 10 Day Avg. Volume: 84,651
• 30 Day Avg. Volume: 107,586
• PEG Ratio: 2.63
• Price to Book (P/B): 1.17
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 9.37
• Enterprise Value/Market Cap: 0.84
• Enterprise Value/Revenue: 0.40
• Enterprise Value/Gross Profit: 2.55
• Enterprise Value/Ebitda: 1.66
• 1Y Price Target: $15.00
• Price Target Upside: 12.02% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0

• Rating: 72 Outperform
• Price Target: $15.00 ▲(12.02%Upside)

Farmers National Banc's overall score is bolstered by its strong financial performance and attractive valuation, providing a stable investment with a solid dividend yield. Positive corporate events further enhance the score, despite technical indicators showing weak momentum.

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 various financial services. The primary revenue stream comes from its commercial and retail banking operations, which include interest income from loans and mortgages, fees from deposit accounts, and other banking services. The company also earns income from investment management and advisory services, where it charges fees for managing client portfolios and providing financial planning. Additionally, FMNB offers insurance products and services, contributing to its revenue through commissions and premiums. The bank's strategic focus on community engagement and a broad range of financial products enables it to maintain a diverse and stable income base. Strategic partnerships with financial service providers and a robust network of branches further support its revenue generation efforts.

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 and a satisfactory equity ratio. Cash flow generation is robust, supporting operational and investment activities. However, slight declines in net profit margin and return on equity indicate room for improvement in 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	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	269.45M	255.20M	177.91M	154.65M	148.49M
Gross Profit	162.12M	170.49M	158.87M	141.29M	123.25M
EBITDA	61.83M	66.03M	77.73M	65.65M	53.39M
Net Income	45.95M	49.93M	60.60M	51.84M	41.88M
Balance Sheet
Total Assets	5.12B	5.08B	4.08B	4.14B	3.07B
Cash, Cash Equivalents and Short-Term Investments	651.92M	1.33B	1.29B	1.46B	596.10M
Total Debt	391.15M	443.66M	183.21M	87.76M	78.91M
Total Liabilities	4.71B	4.67B	3.79B	3.67B	2.72B
Stockholders Equity	406.03M	404.42M	292.30M	472.43M	350.10M
Cash Flow
Free Cash Flow	54.92M	59.05M	78.18M	53.56M	45.37M
Operating Cash Flow	66.61M	62.93M	81.50M	54.93M	49.07M
Investing Cash Flow	-95.13M	77.94M	-205.51M	-423.61M	-159.89M
Financing Cash Flow	10.59M	-112.76M	86.77M	226.85M	294.68M

Farmers National Banc Oh Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 13.39
• 50DMA: Negative
• 100DMA: Positive
• 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 13.39 is below the 20-day moving average (MA) of 14.06, below the 50-day MA of 13.52, and below the 200-day MA of 13.62, indicating a bearish trend. The MACD of 0.06 indicates Positive momentum. The RSI at 41.54 is Neutral, neither overbought nor oversold. The STOCH value of 20.65 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
CCNE	79 Outperform	$508.33M	10.17	9.29%	2.95%	7.40%	―
CBNK	74 Outperform	$586.54M	14.25	12.19%	1.13%	18.85%	6.74%
FMNB	72 Outperform	$504.01M	10.19	12.08%	5.08%	6.15%	-1.38%
NPB	70 Outperform	$514.78M	―		0.33%	―	―
PGC	69 Neutral	$467.16M	14.46	5.31%	0.77%	7.35%	-2.65%
Sector *	61 Neutral	C$15.12B	7.06	23.28%	5.39%	33.61%	-23.38%
FISI	58 Neutral	$546.58M	8.52	-5.18%	5.59%	-23.31%	-169.87%

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.