Farmers National Banc Corp. Declares Quarterly Cash Dividend
11/24/2021 - 08:00 AM
Quarterly Cash Dividend Payment Increased 27% Year-over-Year
CANFIELD, Ohio --(BUSINESS WIRE)--
On November 23, 2021 , the Board of Directors of the Farmers National Banc Corp. (NASDAQ: FMNB) declared a quarterly cash dividend of $0.14 27% increase over the same period last year. The common stock cash dividend will have a record date of December 10, 2021 , and is payable to shareholders on December 31, 2021 .
“The 27% increase in our quarterly cash dividend reflects both our strong performance in 2021 along with the successful closing of the Cortland Bancorp . transaction. The increase marks the sixth consecutive year we have increased our dividend payment and reflects our optimism for the future of Farmers,” said Kevin J. Helmick , President and CEO of Farmers. “Since 2015, our annual cash dividend has increased at an impressive 26% compound annual growth rate, reflecting our strong financial results and commitment to returning capital to shareholders.”
ABOUT FARMERS NATIONAL BANC CORP.
Founded in 1887, Farmers National Banc Corp. is a diversified financial services company headquartered in Canfield, Ohio , with $4.1 billion The Farmers National Bank of Canfield , a full-service national bank engaged in commercial and retail banking with 48 banking locations in Mahoning , Trumbull , Columbiana , Stark , Summit , Portage , Wayne , Medina , Geauga and Cuyahoga Counties in Ohio and Beaver County in Pennsylvania ; Farmers Trust Company , which operates five trust offices and offers services in the same geographic markets and Farmers National Insurance, LLC . Total wealth management assets under care at September 30, 2021 were $3.0 billion
View source version on businesswire.com : https://www.businesswire.com/news/home/20211124005964/en/
Amber Wallace
awallace@farmersbankgroup.com
Source: Farmers National Banc Corp.
Farmers National Banc Corp.
FMNB Rankings
#3285 Ranked by Stock Gains
FMNB Stock Data
Industry
Commercial Banking
Sector
Finance and Insurance
Tags
Finance, Regional Banks, Finance and Insurance, Commercial Banking
About FMNB
founded in 1887, farmers is a diversified financial services company headquartered in canfield, ohio, with approximately $1.6 billion in banking assets and $1 billion in trust assets. farmers’ wholly-owned subsidiaries are comprised of farmers national bank, a full-service national bank engaged in commercial and retail banking with 39 locations in mahoning, trumbull, columbiana, stark, summit, wayne, medina, and cuyahoga counties in ohio, and beaver county in pennsylvania. farmers trust company, which operates two trust offices and offers services in the same geographic markets and national associates, inc. farmers national insurance, llc, a wholly-owned subsidiary of farmers national bank, offers a variety of insurance products. for years to come, farmers national bank will continue to strive for innovative solutions for our customers, associates, shareholders, and the community.
