Farmers National Banc Corp Stock Price, News & Analysis

Farmers National Banc Corp. (NASDAQ: FMNB) announced that its Board of Directors has declared a quarterly cash dividend of $0.17 per share. The dividend will be paid on September 30, 2025, to shareholders of record as of September 12, 2025.

Farmers National Banc Corp. (NASDAQ: FMNB) reported strong Q2 2025 financial results with net income of $13.9 million, or $0.37 per diluted share, up from $11.8 million in Q2 2024. The company demonstrated robust performance with loan growth of $52.0 million (6.4% annualized) and improved net interest margin of 2.91%, up from 2.71% year-over-year.

Key highlights include commercial loan growth of $43.6 million (8.8% annualized), efficiency ratio improvement to 56.7% from 60.8%, and total assets reaching $5.18 billion. However, non-performing loans increased to $27.8 million, with two Pittsburgh-area commercial real estate loans requiring $2.6 million in specific reserves.

The company's deposit base showed strength with $71.7 million growth (8.8% annualized) in core deposits since March 2025, while maintaining strong liquidity with $596.9 million in additional FHLB borrowing capacity.

Farmers National Banc Corp. (NASDAQ: FMNB) has announced a quarterly cash dividend of $0.17 per share. The dividend will be paid to shareholders on June 30, 2025, with a record date of June 13, 2025. This announcement follows the Board of Directors' declaration on May 27, 2025.

Farmers National Banc Corp. (FMNB) has announced key changes in its Accounting and Finance Group. Chief Accounting Officer Joseph Sabat will retire effective May 2nd, 2025, after serving the company since 2006. Sherry Commons, who began serving as Controller in March 2025, will succeed Sabat as Chief Accounting Officer.

Commons brings over 23 years of banking experience and will report to CFO Troy Adair. The Mahoning Valley resident holds an accounting degree from Youngstown State University.

Farmers National Banc Corp., founded in 1887, manages $5.2 billion in banking assets and operates 62 banking locations across Ohio and Pennsylvania. The company's wealth management division oversees $4.3 billion in assets under care as of March 31, 2025.

Farmers National Banc Corp. (NASDAQ: FMNB) reported strong Q1 2025 results with net income of $13.6 million, or $0.36 per diluted share, up from $11.2 million in Q1 2024. The company achieved its 169th consecutive quarter of profitability and improved key metrics including:

- Net interest margin increased to 2.85% from 2.70% year-over-year
- Efficiency ratio improved to 59.6%
- Total assets grew to $5.16 billion
- Total deposits increased to $4.48 billion

Credit quality remained solid with non-performing loans ratio decreasing to 0.64%. The company opened a new commercial loan production office in Columbus and restructured $23.8 million of securities with a 260 basis point yield improvement. Notable challenges included a slight decline in loans to $3.25 billion due to reduced C&I and CRE lending activity amid rising business uncertainty.

Farmers National Bank has promoted Michael Lipke to Senior Vice President, Chief Credit Officer. Lipke, who joined the bank in 2021 following the Cortland Bancorp merger, previously served as Director of Commercial Credit Administration, managing a credit team overseeing a $2 billion loan portfolio.

In his new role, Lipke will oversee the bank's commercial credit, loan operations, and special assets departments. He brings over 25 years of banking and financial services experience across Northeast Ohio and Western PA, holding a bachelor's degree from Duquesne University and an MBA from the University of Pittsburgh.

Farmers National Banc Corp, founded in 1887, operates 62 banking locations across Ohio and Pennsylvania, with $5.1 billion in banking assets and $4.2 billion in wealth management assets under care as of December 31, 2024.

Farmers National Bank has appointed David D. Dygert as Market President for the Columbus/Central Ohio Region. Dygert brings 26 years of leadership experience in banking and commercial real estate, including 19 years as EVP and Market President for two Columbus-region banks. This appointment follows Farmers' Q4 2024 acquisition of Dublin-based Crest Retirement Advisors through its subsidiary, National Associates, Inc.

Farmers National Banc Corp, founded in 1887, is an Ohio-based financial services company with $5.1 billion in banking assets and $4.2 billion in wealth management assets under care as of December 31, 2024. The company operates 62 banking locations across multiple counties in Ohio and Pennsylvania through its subsidiaries, including The Farmers National Bank of Canfield and Farmers Trust Company.

Farmers National Banc Corp. (NASDAQ: FMNB) has announced its latest quarterly dividend distribution. The Board of Directors declared a cash dividend of $0.17 per share on February 25, 2025. Shareholders will receive the dividend payment on March 31, 2025, with a record date set for March 14, 2025.

Farmers National Banc Corp. (FMNB) reported Q4 2024 net income of $14.4 million, or $0.38 per diluted share, compared to $14.6 million, or $0.39 per diluted share in Q4 2023. The company's net interest margin improved to 2.72% from 2.66% in Q3 2024, though down from 2.78% in Q4 2023.

Total assets stood at $5.12 billion, with loans at $3.27 billion and deposits at $4.27 billion. The company completed the acquisition of Crest Retirement Advisors in Dublin, OH, with wealth management assets reaching $4.2 billion. Non-performing loans increased to $22.8 million (0.70% of total loans), up from $19.1 million in Q3 2024.

The efficiency ratio improved to 56.4%, and the company maintained strong performance in fee-based businesses. Management expects continued net interest margin expansion in 2025 as funding costs decrease.