FMNB Stock Analysis: Farmers National Banc | NASDAQ
Banks - Regional | NASDAQ, USA | Market Cap: 890m USD | 12M Return: 12% | US3096271073 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 5.75M
EPS Trend: 6.8%
Qual. Beats: 0
Rev. Trend: 92.8%
Qual. Beats: 0
Warnings
Tailwinds
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Farmers National Banc Corp. (FMNB) is a NASDAQ-listed bank holding company headquartered in Canfield, Ohio, operating primarily through its main subsidiary, The Farmers National Bank of Canfield. Founded in 1887 and public since 1999, the company runs a community banking model that combines traditional lending and deposit services with fee-generating lines in trust administration, retirement consulting, and insurance. Its commercial and retail banking offerings include checking, savings, and time deposit accounts, along with commercial, mortgage, installment, and home equity loans, supported by digital channels such as internet banking and ATMs. Beyond core banking, the company provides personal and corporate trust services covering estate settlement, trust administration, and employee benefit plans, sells insurance products through licensed representatives, and invests in municipal securities. As a regional bank in the GICS Financials sector, FMNB reflects the typical community-bank business model of generating income from net interest margin on local lending while diversifying revenue through trust, wealth management, and insurance fee businesses.
- Net interest margin pressure from Fed rate cuts
- Commercial loan demand softens in Ohio Midwest markets
- Deposit costs rise squeezing net interest spread
| Net Income: 59.6m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.01 > 0.02 and ΔFCF/TA -0.19 > 1.0 |
| NWC/Revenue: -68.58% < 20% (prev -1.41k%; Δ 1.34k% < -1%) |
| CFO/TA 0.01 > 3% & CFO 64.5m > Net Income 59.6m |
| Net Debt (290.6m) to EBITDA (79.7m): 3.64 < 3 |
| Current Ratio: 0.46 > 1.5 & < 3 |
| Outstanding Shares: last quarter (44.9m) vs 12m ago 19.28% < -2% |
| Gross Margin: 66.38% > 18% (prev 61.13%; Δ 5.25% > 0.5%) |
| Asset Turnover: 4.65% > 50% (prev 5.35%; Δ -0.71% > 0%) |
| Interest Coverage Ratio: 0.76 > 6 (EBIT TTM 72.3m / Interest Expense TTM 94.6m) |
| A: -0.03 (Total Current Assets 164.8m - Total Current Liabilities 361.0m) / Total Assets 7.14b |
| B: 0.04 (Retained Earnings 309.0m / Total Assets 7.14b) |
| C: 0.01 (EBIT TTM 72.3m / Avg Total Assets 6.16b) |
| D: 0.12 (Book Value of Equity 784.0m / Total Liabilities 6.36b) |
| Altman-Z'' = 0.17 = B |
As of October 06, 2026, the stock is trading at USD 15.28 with a total of 253,123 shares traded. Over the past week, the price has changed by +0.13%, over one month by -2.37%, over three months by +7.70% and over the past year by +11.97%.
Current recommended Stop Loss: 14.60 (which is 4.5% or 2.4 ATR below the current price).
Farmers National Banc has received a consensus analysts rating of 3.33. Therefore, it is recommended to hold FMNB.
- StrongBuy: 0
- Buy: 1
- Hold: 2
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 17 | 11.3% |
P/E Trailing = 10.2245
P/E Forward = 11.1857
P/S = 4.0769
P/B = 1.1472
P/EG = 2.7274
Revenue TTM = 286.1m USD
EBIT TTM = 72.3m USD
EBITDA TTM = 79.7m USD
Long Term Debt = 94.4m USD (from longTermDebt, last quarter)
Short Term Debt = 361.0m USD (from shortTermDebt, last quarter)
Debt = 455.4m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 290.6m USD (calculated: Debt 455.4m - CCE 164.8m)
Enterprise Value = 1.18b USD (890.5m + Debt 455.4m - CCE 164.8m)
Interest Coverage Ratio = 0.76 (Ebit TTM 72.3m / Interest Expense TTM 94.6m)
EV/FCF = 19.49x (Enterprise Value 1.18b / FCF TTM 60.6m)
FCF Yield = 5.13% (FCF TTM 60.6m / Enterprise Value 1.18b)
FCF Margin = 21.18% (FCF TTM 60.6m / Revenue TTM 286.1m)
Net Margin = 20.84% (Net Income TTM 59.6m / Revenue TTM 286.1m)
Gross Margin = 66.38% ((Revenue TTM 286.1m - Cost of Revenue TTM 96.2m) / Revenue TTM)
Gross Margin QoQ = 67.72% (prev 67.72%)
Tobins Q-Ratio = 0.17 (Enterprise Value 1.18b / Total Assets 7.14b)
Interest Expense / Debt = 20.76% (Interest Expense 94.6m / Debt 455.4m)
Taxrate = 17.55% (12.7m / 72.3m)
NOPAT = 59.6m (EBIT 72.3m * (1 - 17.55%))
Current Ratio = 0.46 (Total Current Assets 164.8m / Total Current Liabilities 361.0m)
Debt / Equity = 0.58 (Debt 455.4m / totalStockholderEquity, last quarter 784.0m)
Debt / EBITDA = 3.64 (Net Debt 290.6m / EBITDA 79.7m)
Debt / FCF = 4.79 (Net Debt 290.6m / FCF TTM 60.6m)
Total Stockholder Equity = 625.6m (last 4 quarters mean from totalStockholderEquity)
RoA = 0.97% (Net Income 59.6m / Total Assets 7.14b)
RoE = 9.53% (Net Income TTM 59.6m / Total Stockholder Equity 625.6m)
RoCE = 10.04% (EBIT 72.3m / Capital Employed (Equity 625.6m + L.T.Debt 94.4m))
RoIC = 0.84% (NOPAT 59.6m / Invested Capital 7.13b)
WACC = 10.68% (E(890.5m)/V(1.35b) * Re(7.38%) + D(455.4m)/V(1.35b) * Rd(20.76%) * (1-Tc(0.18)))
Discount Rate = 7.38% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 71.30 | Cagr: 8.33%
[DCF] Terminal Value 70.43% ; FCFF base≈57.8m ; Y1≈65.1m ; Y5≈91.7m
[DCF] Fair Price = 11.68 (EV 982.8m - Net Debt 290.6m = Equity 692.2m / Shares 59.2m; r=10.68% [WACC]; 5y FCF grow 12.96% → 2.50% )
EPS Correlation: 6.76 | EPS CAGR: 0.75% | SUE: 0.63 | # QB: 0
Revenue Correlation: 92.75 | Revenue CAGR: 5.93% | SUE: 0.09 | # QB: 0
EPS current Quarter (2026-09-30): EPS=0.41 | Chg30d=+2.50% | Revisions=+40% | Analysts=3
EPS current Year (2026-12-31): EPS=1.68 | Chg30d=+3.50% | Revisions=+50% | GrowthEPS=+6.8% | GrowthRev=+39.5%
EPS next Year (2027-12-31): EPS=1.76 | Chg30d=+0.57% | Revisions=+40% | GrowthEPS=+5.0% | GrowthRev=+7.4%
[Analyst] Revisions Ratio: +70% (up=7, down=0)