(FMNB) Farmers National Banc - Overview
Sector: Financial Services | Industry: Banks - Regional | Exchange: NASDAQ (USA) | Market Cap: 809m USD | Total Return: 12.9% in 12m
Avg Turnover: 4.29M
EPS Trend: -30.5%
Qual. Beats: 1
Rev. Trend: 88.9%
Qual. Beats: 0
Warnings
Share dilution 19.0% YoY
Tailwinds
No distinct edge detected
Farmers National Banc Corp. (NASDAQ: FMNB) is a financial holding company headquartered in Ohio, operating primarily through its subsidiary, The Farmers National Bank of Canfield. Established in 1887, the institution provides a full spectrum of commercial and retail banking, trust administration, retirement consulting, and insurance services. Its business model relies on a diversified revenue stream, combining traditional net interest income from mortgage and commercial lending with fee-based income from wealth management and brokerage services.
As a regional bank, FMNB operates within a sector where profitability is heavily influenced by the spread between interest earned on loans and interest paid on deposits. Regional banks often maintain a competitive advantage through localized credit underwriting and deep-seated community relationships, which can lead to lower customer acquisition costs compared to national lenders. Investors looking for deeper insights into these performance metrics can explore more comprehensive data on ValueRay.
- Net interest margin fluctuations driven by Federal Reserve monetary policy shifts
- Regional economic health in Ohio and Pennsylvania impacts loan portfolio growth
- Expansion of non-interest income through wealth management and insurance services
- Credit quality stability within the commercial and residential real estate sectors
- Strategic acquisition integration costs and resulting operational scale efficiencies
| Net Income: 57.3m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.01 > 0.02 and ΔFCF/TA -0.02 > 1.0 |
| NWC/Revenue: -107.5% < 20% (prev -1.42k%; Δ 1.32k% < -1%) |
| CFO/TA 0.01 > 3% & CFO 52.0m > Net Income 57.3m |
| Net Debt (408.3m) to EBITDA (75.4m): 5.41 < 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 0.61%; Δ 6.44k% > 0.5%) |
| Asset Turnover: 4.59% > 50% (prev 5.31%; Δ -0.72% > 0%) |
| Interest Coverage Ratio: 0.74 > 6 (EBITDA TTM 75.4m / 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 788.7m / Total Liabilities 6.41b) |
| Altman-Z'' = 0.06 = B |
As of May 24, 2026, the stock is trading at USD 14.24 with a total of 316,687 shares traded.
Over the past week, the price has changed by +3.44%,
over one month by +1.58%,
over three months by +8.02% and
over the past year by +12.85%.
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 | 12.4% |
P/E Forward = 11.1857
P/S = 4.1744
P/B = 1.0941
P/EG = 2.7274
Revenue TTM = 283.1m USD
EBIT TTM = 68.7m USD
EBITDA TTM = 75.4m USD
Long Term Debt = 86.7m USD (from longTermDebt, last fiscal year)
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 = 1.22b USD (809.5m + Debt 446.5m - CCE 38.2m)
Interest Coverage Ratio = 0.74 (Ebit TTM 68.7m / Interest Expense TTM 92.8m)
EV/FCF = 20.49x (Enterprise Value 1.22b / FCF TTM 59.4m)
FCF Yield = 4.88% (FCF TTM 59.4m / Enterprise Value 1.22b)
FCF Margin = 20.99% (FCF TTM 59.4m / 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 = 0.17 (Enterprise Value 1.22b / Total Assets 7.18b)
Interest Expense / Debt = 20.78% (Interest Expense 92.8m / Debt 446.5m)
Taxrate = 18.57% (3.71m / 20.0m)
NOPAT = 55.9m (EBIT 68.7m * (1 - 18.57%))
Current Ratio = 0.01 (Total Current Assets 38.2m / Total Current Liabilities 4.74b)
Debt / Equity = 0.58 (Debt 446.5m / totalStockholderEquity, last quarter 766.9m)
Debt / EBITDA = 5.41 (Net Debt 408.3m / EBITDA 75.4m)
Debt / FCF = 6.87 (Net Debt 408.3m / FCF TTM 59.4m)
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 = 10.97% (EBIT 68.7m / Capital Employed (Equity 539.1m + L.T.Debt 86.7m))
RoIC = 0.78% (NOPAT 55.9m / Invested Capital 7.18b)
WACC = 11.45% (E(809.5m)/V(1.26b) * Re(8.43%) + D(446.5m)/V(1.26b) * Rd(20.78%) * (1-Tc(0.19)))
Discount Rate = 8.43% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 77.78 | Cagr: 8.30%
[DCF] Terminal Value 68.62% ; FCFF base≈53.1m ; Y1≈60.9m ; Y5≈89.6m
[DCF] Fair Price = 7.80 (EV 869.9m - Net Debt 408.3m = Equity 461.7m / Shares 59.2m; r=11.45% [WACC]; 5y FCF grow 15.0% → 2.50% )
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=-1.76% | Revisions=-20% | Analysts=3
EPS next Quarter (2026-09-30): EPS=0.40 | Chg30d=-4.76% | Revisions=-33% | Analysts=3
EPS current Year (2026-12-31): EPS=1.62 | Chg30d=-1.22% | Revisions=-14% | GrowthEPS=+3.2% | GrowthRev=+39.4%
EPS next Year (2027-12-31): EPS=1.75 | Chg30d=-4.72% | Revisions=-43% | GrowthEPS=+8.0% | GrowthRev=+8.5%
[Analyst] Revisions Ratio: -43%