Farmers National Banc Corp., a financial holding company, operates in the banking, trust, retirement consulting, insurance, and financial management industries.
No risks detected for FMNB from our risk checks.
Farmers National Banc Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$15.34|
|52 Week High||US$10.23|
|52 Week Low||US$18.26|
|1 Month Change||-1.86%|
|3 Month Change||-5.25%|
|1 Year Change||47.64%|
|3 Year Change||1.93%|
|5 Year Change||46.10%|
|Change since IPO||263.30%|
Recent News & Updates
Farmers National Banc (NASDAQ:FMNB) Is Due To Pay A Dividend Of US$0.11
Farmers National Banc Corp. ( NASDAQ:FMNB ) will pay a dividend of US$0.11 on the 30th of September. The dividend yield...
Farmers National Banc Corp.: We Still Like This Regional Bank
We like the inorganic growth of the bank. The stock is a bit pricey relative to book value, but shares remain attractive. The efficiency of the bank and return on assets and equity are all improving. Expect the stock to rally when interest rates do.
|FMNB||US Banks||US Market|
Return vs Industry: FMNB underperformed the US Banks industry which returned 75.2% over the past year.
Return vs Market: FMNB exceeded the US Market which returned 36.2% over the past year.
Stable Share Price: FMNB is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: FMNB's weekly volatility (3%) has been stable over the past year.
About the Company
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.
Farmers National Banc Fundamentals Summary
|FMNB fundamental statistics|
Is FMNB overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|FMNB income statement (TTM)|
|Cost of Revenue||US$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||1.86|
|Net Profit Margin||38.43%|
How did FMNB perform over the long term?See historical performance and comparison
2.9%Current Dividend Yield
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 ($15.34) is trading below our estimate of fair value ($35.69)
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 (8.3x) compared to the US Banks industry average (10.7x).
PE vs Market: FMNB is good value based on its PE Ratio (8.3x) compared to the US market (17.7x).
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's PB Ratio (1.2x) is in line with the US Banks industry average.
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 (5.4% per year) is above the savings rate (2%).
Earnings vs Market: FMNB's earnings (5.4% per year) are forecast to grow slower than the US market (14.9% per year).
High Growth Earnings: FMNB's earnings are forecast to grow, but not significantly.
Revenue vs Market: FMNB's revenue (7.2% per year) is forecast to grow slower than the US market (9.8% per year).
High Growth Revenue: FMNB's revenue (7.2% 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 (11.6%).
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 (38.4%) are higher than last year (33.4%).
Past Earnings Growth Analysis
Earnings Trend: FMNB's earnings have grown significantly by 20.2% per year over the past 5 years.
Accelerating Growth: FMNB's earnings growth over the past year (36.1%) exceeds its 5-year average (20.2% per year).
Earnings vs Industry: FMNB earnings growth over the past year (36.1%) exceeded the Banks industry 36%.
Return on Equity
High ROE: FMNB's Return on Equity (14.3%) is considered low.
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
Financial Institutions Analysis
Asset Level: FMNB's Assets to Equity ratio (8.9x) is low.
Allowance for Bad Loans: FMNB has a sufficient allowance for bad loans (179%).
Low Risk Liabilities: 96% of FMNB's liabilities are made up of primarily low risk sources of funding.
Loan Level: FMNB has an appropriate level of Loans to Assets ratio (59%).
Low Risk Deposits: FMNB's Loans to Deposits ratio (70%) is appropriate.
Level of Bad Loans: FMNB has an appropriate level of bad loans (0.7%).
What is Farmers National Banc current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: FMNB's dividend (2.87%) is higher than the bottom 25% of dividend payers in the US market (1.35%).
High Dividend: FMNB's dividend (2.87%) is low compared to the top 25% of dividend payers in the US market (3.63%).
Stability and Growth of Payments
Stable Dividend: FMNB's dividends per share have been stable in the past 10 years.
Growing Dividend: FMNB's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (23.7%), 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 (26.9% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Kevin Helmick (49 yo)
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 ($USD1.09M) is below average for companies of similar size in the US market ($USD1.69M).
Compensation vs Earnings: Kevin's compensation has been consistent with company performance over the past year.
Experienced Management: FMNB's management team is seasoned and experienced (7.8 years average tenure).
Experienced Board: FMNB's board of directors are considered experienced (7.4 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 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$426.297m
- Shares outstanding: 28.33m
- Website: https://www.farmersbankgroup.com
Number of Employees
- Farmers National Banc Corp.
- 20 South Broad Street
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/23 22:58|
|End of Day Share Price||2021/09/23 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.