Farmers National Banc Corp., through its subsidiaries, operates in the banking, trust, retirement consulting, insurance, and financial management industries.
Flawless balance sheet and good value.
Share Price & News
How has Farmers National Banc's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: FMNB has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: FMNB matched the US Banks industry which returned 12.1% over the past year.
Return vs Market: FMNB underperformed the US Market which returned 20.1% over the past year.
Price Volatility Vs. Market
How volatile is Farmers National Banc's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 days ago | Simply Wall StDoes Farmers National Banc (NASDAQ:FMNB) Deserve A Spot On Your Watchlist?
2 weeks ago | Simply Wall StFarmers National Banc Corp. Yearly Results Just Came Out: Here's What Analysts Are Forecasting For Next Year
3 weeks ago | Simply Wall StOne Thing To Remember About The Farmers National Banc Corp. (NASDAQ:FMNB) Share Price
Is Farmers National Banc undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: FMNB ($16.11) is trading below our estimate of fair value ($24.73)
Significantly Below Fair Value: FMNB is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: FMNB is good value based on its PE Ratio (12.5x) compared to the Banks industry average (12.6x).
PE vs Market: FMNB is good value based on its PE Ratio (12.5x) compared to the US market (18.4x).
Price to Earnings Growth Ratio
PEG Ratio: FMNB is poor value based on its PEG Ratio (1.5x)
Price to Book Ratio
PB vs Industry: FMNB is overvalued based on its PB Ratio (1.5x) compared to the US Banks industry average (1.2x).
How is Farmers National Banc forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FMNB's forecast earnings growth (8.1% per year) is above the savings rate (1.7%).
Earnings vs Market: FMNB's earnings (8.1% per year) are forecast to grow slower than the US market (14.6% per year).
High Growth Earnings: FMNB's earnings are forecast to grow, but not significantly.
Revenue vs Market: FMNB's revenue (9.5% per year) is forecast to grow faster than the US market (7.6% per year).
High Growth Revenue: FMNB's revenue (9.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: FMNB's Return on Equity is forecast to be low in 3 years time (11.8%).
How has Farmers National Banc performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FMNB has high quality earnings.
Growing Profit Margin: FMNB's current net profit margins (32.9%) are higher than last year (32.2%).
Past Earnings Growth Analysis
Earnings Trend: FMNB's earnings have grown significantly by 29.6% per year over the past 5 years.
Accelerating Growth: FMNB's earnings growth over the past year (9.8%) is below its 5-year average (29.6% per year).
Earnings vs Industry: FMNB earnings growth over the past year (9.8%) underperformed the Banks industry 12.2%.
Return on Equity
High ROE: FMNB's Return on Equity (11.9%) is considered low.
Return on Assets
Return on Capital Employed
How is Farmers National Banc's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Inventory Level: FMNB has a low level of unsold assets or inventory.
Debt Coverage by Assets: FMNB's debt is not covered by short term assets (assets are 0.6x debt).
Financial Institutions Analysis
Asset Level: FMNB's level of assets compared to its equity is low.
Allowance for Bad Loans: FMNB has a sufficient allowance for bad loans.
Low Risk Liabilities: FMNB's liabilities are made up of primarily low risk sources of funding.
Loan Level: FMNB has an acceptable proportion of non-loan assets held.
Low Risk Deposits: FMNB's loans are broadly funded by customer deposits.
Level of Bad Loans: FMNB has an appropriate level of bad loans (0.35%)
What is Farmers National Banc's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: FMNB's dividend (2.48%) is higher than the bottom 25% of dividend payers in the US market (1.44%).
High Dividend: FMNB's dividend (2.48%) is low compared to the top 25% of dividend payers in the US market (3.69%).
Stability and Growth of Payments
Stable Dividend: FMNB's dividend payments have been volatile in the past 10 years.
Growing Dividend: FMNB's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (29.5%), FMNB's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: FMNB's dividends in 3 years are forecast to be well covered by earnings (33.7% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Kevin Helmick (47yo)
Mr. Kevin J. Helmick has been the Chief Executive Officer and President of Farmers National Banc Corp. and its subsidiary The Farmers National Bank/Farmers Bank since November 2013. Mr. Helmick served as a ...
CEO Compensation Analysis
Compensation vs Market: Kevin's total compensation ($USD984.57K) is below average for companies of similar size in the US market ($USD1.68M).
Compensation vs Earnings: Kevin's compensation has been consistent with company performance over the past year.
|Independent Director||18.2yrs||US$45.00k||0.15% $686.4k|
|Independent Director||15.9yrs||US$45.00k||0.27% $1.3m|
|Independent Director||9.1yrs||US$50.00k||0.12% $577.3k|
|Non-Executive Vice Chairman||4.6yrs||US$93.00k||5.76% $27.0m|
|Chairman of the Board||8.3yrs||US$75.00k||0.17% $786.1k|
|Independent Director||8.8yrs||US$59.00k||0.14% $678.2k|
|Independent Director||5.8yrs||US$48.75k||0.14% $672.9k|
|Independent Director||2.8yrs||US$45.00k||0.10% $467.5k|
Experienced Board: FMNB's board of directors are considered experienced (8.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: FMNB insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Farmers National Banc Corp.'s company bio, employee growth, exchange listings and data sources
- Name: Farmers National Banc Corp.
- Ticker: FMNB
- Exchange: NasdaqCM
- Founded: 1887
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$468.305m
- Shares outstanding: 29.07m
- Website: https://www.farmersbankgroup.com
Number of Employees
- Farmers National Banc Corp.
- 20 South Broad Street
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|FMNB||NasdaqCM (Nasdaq Capital Market)||Yes||Common Stock||US||USD||Mar 1994|
Farmers National Banc Corp., through its subsidiaries, operates in the banking, trust, retirement consulting, insurance, and financial management industries. The company 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. It 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. The company operates in through 39 locations and two-branch locations in southwestern Pennsylvania. Farmers National Banc Corp. was founded in 1887 and is headquartered in Canfield, Ohio.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/17 23:36|
|End of Day Share Price||2020/02/14 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.