Farmers National Banc (FMNB) to Release Earnings on Wednesday

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

Farmers National Banc (NASDAQ:FMNB) last posted its quarterly earnings data on Wednesday, October 23rd. The bank reported $0.23 earnings per share for the quarter, missing analysts’ consensus estimates 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 company had revenue of $70.26 million for the quarter, compared to the consensus estimate 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 Trading Up 0.4 %

NASDAQ FMNB opened at $13.31 on Tuesday. Farmers National Banc has a 12 month low of $11.55 and a 12 month high of $16.32. The company has a current ratio of 0.74, a quick ratio of 0.74 and a debt-to-equity ratio of 0.20. The stock’s fifty day moving average price is $14.75 and its 200-day moving average price is $14.62. The stock has a market cap of $500.30 million, a P/E ratio of 10.82 and a beta of 0.86.

Farmers National Banc Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were paid a dividend of $0.17 per share. The ex-dividend date 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%.

Analysts Set New Price Targets

Several equities analysts recently issued reports on FMNB shares. Piper Sandler reaffirmed a “neutral” rating and issued a $17.00 price objective on shares of Farmers National Banc in a research report 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.