Farmers National Banc (FMNB) to Release Quarterly Earnings on Wednesday

Farmers National Banc (NASDAQ:FMNB) is expected to be releasing its earnings data before the market opens on Wednesday, January 22nd. Analysts expect Farmers National Banc to post earnings of $0.34 per share and revenue of $44,000.00 billion for the quarter.

Farmers National Banc (NASDAQ:FMNB) last announced its quarterly earnings results on Wednesday, October 23rd. The bank reported $0.23 EPS for the quarter, missing the consensus estimate of $0.35 by ($0.12). Farmers National Banc had a net margin of 17.26% and a return on equity of 11.92%. The firm had revenue of $70.26 million for the quarter, compared to analysts’ expectations of $42.90 million. On average, analysts expect Farmers National Banc to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Farmers National Banc Stock Up 0.4 %

NASDAQ:FMNB opened at $13.31 on Tuesday. The company has a debt-to-equity ratio of 0.20, a current ratio of 0.74 and a quick ratio of 0.74. The firm has a market cap of $500.30 million, a PE ratio of 10.82 and a beta of 0.86. The company has a 50-day moving average of $14.75 and a 200 day moving average of $14.62. Farmers National Banc has a 1-year low of $11.55 and a 1-year high of $16.32.

Farmers National Banc Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were issued a dividend of $0.17 per share. The ex-dividend date of this dividend was Friday, December 13th. This represents a $0.68 dividend on an annualized basis and a yield of 5.11%. Farmers National Banc’s dividend payout ratio is currently 55.28%.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the company. Piper Sandler reiterated a “neutral” rating and issued a $17.00 target price on shares of Farmers National Banc in a research note on Thursday, November 21st. StockNews.com raised Farmers National Banc from a “sell” rating to a “hold” rating in a research report on Thursday, December 19th.

Farmers National Banc Company Profile

Farmers National Banc Corp. operates as a bank holding company for The Farmers National Bank of Canfield engages in the banking, trust, retirement consulting, insurance, and financial management businesses. 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, brokerage, and other services.