Farmers National Banc

NasdaqCM:FMNB Stock Report

Mkt Cap: US$518.0m

Farmers National Banc Management

How experienced are the management team and are they aligned to shareholders interests?

1.3yrs

Average management tenure


CEO

Kevin Helmick (50 yo)

8.58yrs

Tenure

US$1,644,323

Compensation

Mr. Kevin J. Helmick has been the Chief Executive Officer and President of Farmers National Banc Corp. and at The Farmers National Bank of Canfield since November 2013. Mr. Helmick served as an Interim Chi...


CEO Compensation Analysis

How has Kevin Helmick's remuneration changed compared to Farmers National Banc's earnings?
DateTotal Comp.SalaryCompany Earnings
Sep 30 2022n/an/a

US$53m

Jun 30 2022n/an/a

US$54m

Mar 31 2022n/an/a

US$53m

Dec 31 2021US$2mUS$470k

US$52m

Sep 30 2021n/an/a

US$57m

Jun 30 2021n/an/a

US$52m

Mar 31 2021n/an/a

US$48m

Dec 31 2020US$1mUS$454k

US$42m

Sep 30 2020n/an/a

US$40m

Jun 30 2020n/an/a

US$38m

Mar 31 2020n/an/a

US$36m

Dec 31 2019US$1mUS$460k

US$36m

Sep 30 2019n/an/a

US$35m

Jun 30 2019n/an/a

US$34m

Mar 31 2019n/an/a

US$33m

Dec 31 2018US$985kUS$433k

US$33m

Sep 30 2018n/an/a

US$29m

Jun 30 2018n/an/a

US$27m

Mar 31 2018n/an/a

US$25m

Dec 31 2017US$999kUS$423k

US$23m

Sep 30 2017n/an/a

US$23m

Jun 30 2017n/an/a

US$22m

Mar 31 2017n/an/a

US$22m

Dec 31 2016US$962kUS$400k

US$21m

Sep 30 2016n/an/a

US$18m

Jun 30 2016n/an/a

US$15m

Mar 31 2016n/an/a

US$11m

Dec 31 2015US$1mUS$333k

US$8m

Compensation vs Market: Kevin's total compensation ($USD1.64M) is below average for companies of similar size in the US market ($USD2.69M).

Compensation vs Earnings: Kevin's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Kevin Helmick
President9yrsUS$1.64m0.49%
$ 2.5m
Alan Adair
Executive VP1.25yrsUS$678.85k0.046%
$ 239.5k
Mark Wenick
Senior VP & Chief Wealth Management Officerno dataUS$882.66k0.063%
$ 327.2k
Timothy Shaffer
Executive Vice President1.67yrsUS$569.87k0.10%
$ 537.5k
Bryan Sahli
Compliance Officer & Banking Officerno datano datano data
Mark Nicastro
Senior VP & Chief Human Resources Officerno datano data0.079%
$ 407.4k
Daniel Cvercko
Senior Vice President & Brokerage Managerno datano datano data
Thomas Stocksdale
Senior VP & Agricultural Lending Managerno datano datano data
Christopher Smerglia
Senior VP & Commercial Banking Team Leaderno datano datano data
Anita Jarvis
Assistant Vice President & Internal Auditorno datano datano data
Timothy Carney
Senior Executive VP & Chief Banking Officer1yrno data0.35%
$ 1.8m
Michael Mudrak
Senior VP & Market President- Canton0.58yrno datano data

1.3yrs

Average Tenure

55.5yo

Average Age

Experienced Management: FMNB's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Kevin Helmick
President8.58yrsUS$1.64m0.49%
$ 2.5m
Ralph Macali
Independent Director20.92yrsUS$52.50k0.13%
$ 691.8k
Richard Thompson
Independent Director1yrUS$8.75k0.88%
$ 4.6m
Neil Kaback
Independent Director1yrUS$8.75k0.066%
$ 343.7k
Anne Crawford
Independent Director18.67yrsUS$52.50k0.27%
$ 1.4m
David Paull
Independent Vice Chairman11.83yrsUS$74.83k0.14%
$ 709.8k
Gregory Bestic
Independent Director11.58yrsUS$67.10k0.21%
$ 1.1m
Terry Moore
Independent Chairman of the Board8.58yrsUS$57.50k0.17%
$ 887.4k
Edward Muransky
Independent Director5.58yrsUS$52.50k0.37%
$ 1.9m
Frank Monaco
Independent Director1.33yrsUS$21.88k0.055%
$ 283.2k

8.6yrs

Average Tenure

64yo

Average Age

Experienced Board: FMNB's board of directors are considered experienced (8.6 years average tenure).