Farmers National Banc (FMNB) Projected to Post Quarterly Earnings on Wednesday

Farmers National Banc (NASDAQ:FMNB) is expected to issue its quarterly earnings data before the market opens on Wednesday, January 22nd. Analysts expect the company to announce earnings of $0.34 per share and revenue of $44,000.00 billion for the quarter.

Farmers National Banc (NASDAQ:FMNB) last issued its earnings results on Wednesday, October 23rd. The bank reported $0.23 EPS for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.12). Farmers National Banc had a net margin of 17.26% and a return on equity of 11.92%. The business had revenue of $70.26 million during the quarter, compared to analysts’ expectations of $42.90 million. On average, analysts expect Farmers National Banc to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Farmers National Banc Stock Up 0.4 %

Shares of Farmers National Banc stock opened at $13.31 on Monday. Farmers National Banc has a twelve month low of $11.55 and a twelve month high of $16.32. The stock has a market cap of $500.32 million, a price-to-earnings ratio of 10.82 and a beta of 0.86. The company has a current ratio of 0.74, a quick ratio of 0.74 and a debt-to-equity ratio of 0.20. The company has a fifty day moving average price of $14.75 and a 200 day moving average price of $14.62.

Farmers National Banc Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were given a $0.17 dividend. This represents a $0.68 annualized dividend and a dividend yield of 5.11%. The ex-dividend date was Friday, December 13th. Farmers National Banc’s payout ratio is 55.28%.

Wall Street Analyst Weigh In

FMNB has been the topic of a number of analyst reports. StockNews.com upgraded shares of Farmers National Banc from a “sell” rating to a “hold” rating in a research note on Thursday, December 19th. Piper Sandler reaffirmed a “neutral” rating and set a $17.00 price target on shares of Farmers National Banc in a research note on Thursday, November 21st.

Farmers National Banc Company Profile

Farmers National Banc Corp. operates as a bank holding company for The Farmers National Bank of Canfield engages in the banking, trust, retirement consulting, insurance, and financial management businesses. It offers commercial and retail banking services, including checking, savings, and time deposit accounts; commercial, mortgage and installment, and home equity loans; home equity lines of credit, night depository, safe deposit box, money order, bank check, automated teller machine, Internet banking, travel card, E bond transaction, brokerage, and other services.