FMNB Stock Analysis: Farmers National Banc | NASDAQ
Banks - Regional | NASDAQ, USA | Market Cap: 867m USD | 12M Return: 4.7% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 6.75M
EPS Trend: -30.5%
Qual. Beats: 1
Rev. Trend: 88.9%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 10.5 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 bank holding company that operates The Farmers National Bank of Canfield, headquartered in Canfield, Ohio. Founded in 1887, the company has served its local market for more than a century.
The company provides a diversified mix of financial services, including commercial and retail banking (checking, savings, time deposits, commercial, mortgage and installment loans, home equity lines of credit, and digital/ATM banking), as well as personal and corporate trust administration, retirement and employee benefit consulting, and insurance products distributed through licensed representatives. The bank holding company structure enables FMNB to bundle non-banking financial services alongside its core lending and deposit operations, a common model among community and regional banks seeking to deepen customer relationships and generate fee income.
In addition to its lending and fee-based businesses, the company invests in municipal securities. Listed on NASDAQ since its 1999 IPO, FMNB is classified as a small-cap Regional Bank within the Financials sector.
- Net interest margin compresses as deposit costs outpace loan yields
- Commercial loan portfolio expands on Ohio regional business growth
- Trust and insurance fee income rises on retirement consulting demand
| Net Income: 57.3m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.01 > 0.02 and ΔFCF/TA -0.41 > 1.0 |
| NWC/Revenue: -107.5% < 20% (prev -1.42k%; Δ 1.32k% < -1%) |
| CFO/TA 0.01 > 3% & CFO 51.9m > Net Income 57.3m |
| Net Debt (408.3m) to EBITDA (75.8m): 5.38 < 3 |
| Current Ratio: 0.11 > 1.5 & < 3 |
| Outstanding Shares: last quarter (44.9m) vs 12m ago 18.98% < -2% |
| Gross Margin: 65.02% > 18% (prev 60.81%; Δ 4.22% > 0.5%) |
| Asset Turnover: 4.59% > 50% (prev 5.31%; Δ -0.72% > 0%) |
| Interest Coverage Ratio: 0.74 > 6 (EBIT TTM 68.7m / Interest Expense TTM 92.8m) |
| A: -0.04 (Total Current Assets 38.2m - Total Current Liabilities 342.5m) / Total Assets 7.18b |
| B: 0.04 (Retained Earnings 296.0m / Total Assets 7.18b) |
| C: 0.01 (EBIT TTM 68.7m / Avg Total Assets 6.17b) |
| D: 0.12 (Book Value of Equity 766.9m / Total Liabilities 6.41b) |
| Altman-Z'' = 0.06 = B |
As of July 08, 2026, the stock is trading at USD 14.35 with a total of 352,529 shares traded. Over the past week, the price has changed by -1.71%, over one month by +2.18%, over three months by +7.08% and over the past year by +4.70%.
Current recommended Stop Loss: 14.00 (which is 2.4% or 1.3 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 | 16 | 11.5% |
P/E Trailing = 10.0966
P/E Forward = 10.1833
P/S = 4.4706
P/B = 1.1304
P/EG = 2.7274
Revenue TTM = 283.1m USD
EBIT TTM = 68.7m USD
EBITDA TTM = 75.8m USD
Long Term Debt = 94.1m USD (from longTermDebt, last quarter)
Short Term Debt = 342.5m USD (from shortTermDebt, last quarter)
Debt = 446.5m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 408.3m USD (calculated: Debt 446.5m - CCE 38.2m)
Enterprise Value = 1.28b USD (866.9m + Debt 446.5m - CCE 38.2m)
Interest Coverage Ratio = 0.74 (Ebit TTM 68.7m / Interest Expense TTM 92.8m)
EV/FCF = 27.08x (Enterprise Value 1.28b / FCF TTM 47.1m)
FCF Yield = 3.69% (FCF TTM 47.1m / Enterprise Value 1.28b)
FCF Margin = 16.63% (FCF TTM 47.1m / Revenue TTM 283.1m)
Net Margin = 20.23% (Net Income TTM 57.3m / Revenue TTM 283.1m)
Gross Margin = 65.02% ((Revenue TTM 283.1m - Cost of Revenue TTM 99.0m) / Revenue TTM)
Gross Margin QoQ = 67.72% (prev 64.54%)
Tobins Q-Ratio = 0.18 (Enterprise Value 1.28b / Total Assets 7.18b)
Interest Expense / Debt = 20.78% (Interest Expense 92.8m / Debt 446.5m)
Taxrate = 16.59% (11.4m / 68.7m)
NOPAT = 57.3m (EBIT 68.7m * (1 - 16.59%))
Current Ratio = 0.11 (Total Current Assets 38.2m / Total Current Liabilities 342.5m)
Debt / Equity = 0.58 (Debt 446.5m / totalStockholderEquity, last quarter 766.9m)
Debt / EBITDA = 5.38 (Net Debt 408.3m / EBITDA 75.8m)
Debt / FCF = 8.67 (Net Debt 408.3m / FCF TTM 47.1m)
Total Stockholder Equity = 539.1m (last 4 quarters mean from totalStockholderEquity)
RoA = 0.93% (Net Income 57.3m / Total Assets 7.18b)
RoE = 10.62% (Net Income TTM 57.3m / Total Stockholder Equity 539.1m)
RoCE = 10.84% (EBIT 68.7m / Capital Employed (Equity 539.1m + L.T.Debt 94.1m))
RoIC = 0.80% (NOPAT 57.3m / Invested Capital 7.16b)
WACC = 11.15% (E(866.9m)/V(1.31b) * Re(7.97%) + D(446.5m)/V(1.31b) * Rd(20.78%) * (1-Tc(0.17)))
Discount Rate = 7.97% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 77.78 | Cagr: 8.30%
[DCF] Terminal Value 63.56% ; FCFF base≈50.2m ; Y1≈44.4m ; Y5≈36.4m
[DCF] Fair Price = N/A (negative equity: EV 399.4m - Net Debt 408.3m = -8.88m; debt exceeds intrinsic value)
EPS Correlation: -30.52 | EPS CAGR: -3.48% | SUE: 1.44 | # QB: 1
Revenue Correlation: 88.88 | Revenue CAGR: 8.25% | SUE: 0.61 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.37 | Chg30d=+0.00% | Revisions=-25% | Analysts=3
EPS next Quarter (2026-09-30): EPS=0.40 | Chg30d=-4.76% | Revisions=-40% | Analysts=3
EPS current Year (2026-12-31): EPS=1.62 | Chg30d=+0.00% | Revisions=-17% | GrowthEPS=+3.2% | GrowthRev=+39.4%
EPS next Year (2027-12-31): EPS=1.75 | Chg30d=+0.00% | Revisions=-50% | GrowthEPS=+8.0% | GrowthRev=+8.5%
[Analyst] Revisions Ratio: -58% (up=1, down=8)