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Friday 6 November 2026 Export FMNB’s income statement to Excel — free account

Farmers National Banc Corp.

FMNB Financial Banks Regional

Farmers National Banc Corp.’s revenue for fiscal 2025 (year ended December 2025) was $279.9 million, up 3.89% from fiscal 2024.

Revenue
+43.9%
EPS
+5.41%
Free cash flow
+114.2%
Total debt
+9.19%

Quarter to June 2026, against a year earlier

15.55 0.29 −1.83%
Market cap
$919.5M
P/E
10.6×
Fwd P/E
10.9×
Dividend yield
4.44%
F-score
8/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Insider Decisions last twelve months

Bought, $m 1.53
Sold, $m 0.41
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — 1 — 5 — — — — — 1 — —
Sell — — — — — — 1 — 1 — — —
Insider Ownership 2.01%

Capital & Financial Ratios $m

Size
Market Cap 919.54
Revenue ttm 323.62
Net income ttm 66.40
Free cash flow ttm 61.61
Net debt Q (70.38)
Valuation
P/E 10.58
Forward P/E 10.90
Price / sales 2.84
Forward P/S Powerpack
Price / FCF 14.89
Price / book 1.17
Financial health
Current ratio Q 0.79
Debt / equity Q 0.12
Interest coverage Q —
Growth
Revenue growth Q +43.94% (above 0%: growing)
Operating income growth Q +66.26% (above 0%: growing)
EPS, this year −1.84% (below 0%: weak)
EPS, next year A +24.82% (at or above 15%: strong)
Revenue, next year A −0.76% (below 0%: weak)
EPS, past 5 yrs −0.27% (below 0%: weak)
EPS, next 5 yrs A +8.59%

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/E against its own 10 years 50.97%
10-year low 10-year high
P/S against its own 10 years 49.94%
10-year low 10-year high
P/B against its own 10 years 28.13%
10-year low 10-year high

Dividends

Yield
4.44%
Annual rate
0.69
Payout ratio
46.9%
Growth, 2017–25
+15.1%/yr
  1. 0.22 ’17
  2. 0.30 ’18 +36
  3. 0.38 ’19 +27
  4. 0.44 ’20 +16
  5. 0.47 ’21 +7
  6. 0.65 ’22 +38
  7. 0.68 ’23 +5
  8. 0.68 ’24 +0
  9. 0.68 ’25 +0
  10. 0.70 ’26e +3
paid forecast change on the year, % Powerpack

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 104 86 92 165
Receivables — — — —
Inventory — — — —
Other — — — —
3,271 3,323 3,362 4,891
2023 2024 2025 Q'26
Payables 4,177 4,267 4,343 5,831
ST’ Debt — — — —
Other — — — —
4,532 4,572 4,624 6,192

Compound Annual Growth %

10y 5y 3y
Sales 14.52% 13.52% 14.54%
Cash Flow 25.24% 4.12% (9.68%)
Earnings 21.09% 5.44% (3.42%)
Book Value 9.39% 6.77% 18.45%

Earnings Trends EPS, adjusted, against the consensus

Q3 FY26 Estimate 0.41 Actual 0.47

Earnings per share against the consensus, by quarter
Quarter Estimate Reported Result
Q4 FY25 0.47 0.40 Miss by 0.07
Q1 FY26 0.37 0.45 Beat by 0.08
Q2 FY26 0.37 0.41 Beat by 0.04
Q3 FY26 0.41 0.47 Beat by 0.06
Q4 FY26 0.44 — Reports 27 January 2027

EPS $

Mar Jun Sep Dec Year
’26 0.36 0.39 — — —
’25 0.36 0.37 0.33 0.39 1.45
’24 0.30 0.31 0.23 0.38 1.22
’23 0.19 0.40 0.36 0.39 1.33
’22 0.47 0.47 0.46 0.39 1.79
’21 0.51 0.55 0.56 0.18 1.77
’20 0.30 0.39 0.38 0.40 1.47
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 81 101 — — —
’25 68 70 71 72 280
’24 63 66 70 69 269
’23 62 62 64 67 255
’22 51 44 45 46 186
’21 38 38 37 41 155
’20 36 37 37 39 148
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 8 27 — — —
’25 16 14 11 20 60
’24 14 17 24 12 67
’23 14 17 18 14 63
’22 13 27 19 22 82
’21 7 16 17 15 55
’20 6 13 8 22 49
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 7 27 — — —
’25 12 13 9 18 52
’24 12 14 20 8 55
’23 14 16 17 13 59
’22 13 27 19 22 80
’21 7 17 16 14 54
’20 4 13 7 22 46
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

2.3
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Jun ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue 96 105 117 130 148 155 186 255 269 280 324 +12.7% 278 293 315 +4.0%
Gross margin, % 95.43 93.42 88.69 84.92 89.13 94.52 90.38 70.40 63.12 67.37 69.08 (28.1) pt
EBT 28 33 38 43 50 62 73 59 55 65 79 +9.8%
EBT margin, % 29.29 31.71 32.65 33.13 33.86 40.16 39.10 23.00 20.57 23.24 24.56 (6.0) pt
Net income 21 23 33 36 42 52 61 50 46 55 66 +11.5%
Per share, $
Per share, $ Revenue 3.52 3.79 4.24 4.69 5.25 5.30 5.50 6.83 7.22 7.48 5.48 +8.7%
Earnings 0.76 0.82 1.18 1.29 1.48 1.78 1.79 1.34 1.23 1.46 1.47 +7.5%
Cash flow 0.90 1.11 1.40 1.40 1.74 1.88 2.41 1.68 1.78 1.60 1.09 +6.6%
Capex (0.01) (0.02) (0.02) (0.04) (0.11) (0.05) (0.03) (0.10) (0.31) (0.21) (0.05) +38.2%
Free cash flow 0.89 1.09 1.38 1.35 1.62 1.84 2.37 1.58 1.47 1.39 1.04 +5.1%
Book value 7.84 8.78 9.48 10.79 12.39 16.20 8.64 10.82 10.88 12.97 13.29 +5.7%
Shares, m 27 28 28 28 28 29 34 37 37 37 45 +3.6%
Valuation, ×
Valuation, × P/E 19.22 17.65 10.89 12.65 8.97 10.19 8.08 10.73 11.56 9.19 10.58 11.9
P/S 4.20 3.86 3.01 3.48 2.53 3.50 2.63 2.11 1.97 1.78 2.84 2.9
P/B 1.89 1.67 1.34 1.51 1.07 1.15 1.67 1.33 1.31 1.03 1.17 1.4
EV/Sales 3.92 3.38 2.56 3.28 1.33 3.34 2.70 2.05 1.97 1.76 — 2.6
EV/FCF 15.53 11.76 7.85 11.37 4.29 9.63 6.25 8.85 9.67 9.45 — 9.5
Cash, $m
Cash, $m Operating cash flow 24 31 39 39 49 55 82 63 67 60 64 +10.5%
Capex 0 (1) 0 (1) (3) (1) (1) (4) (12) (8) (3) +43.3%
Free cash flow 24 30 38 38 46 54 80 59 55 52 62 +8.9%
Balance, $m
Balance, $m Working capital (264) (271) (263) (216) (298) (1,128) (1,203) (1,261) (1,249) (1,262) (1,301) +19.0%
Net debt (27) (51) (52) (26) (178) (25) 13 (15) 0 (6) (70) (15.9%)
Shareholders’ equity 213 242 262 299 350 472 292 404 406 486 784 +9.6%
Returns, %
Returns, % ROA 1.07 1.10 1.45 1.50 1.52 1.44 1.47 1.09 0.90 1.05 1.08 0.0 pt
ROIC 9.59 11.12 11.32 9.88 19.45 9.67 15.76 9.42 8.52 8.47 6.96 (1.1) pt
ROE 10.00 9.98 12.91 12.73 12.90 12.61 15.85 14.33 11.34 12.24 10.87 +2.2 pt
People
People Employees 441 445 453 450 445 550 546 666 682 706 — +5.4%
Revenue/emp, $m 0.22 0.24 0.26 0.29 0.33 0.28 0.34 0.38 0.40 0.40 — +6.9%
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Farmers National Banc Corp. vs peers in Banks Regional (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
TRST TrustCo Bank Corp NY $934.5M 15.1× 9.1× +5.24% (above 0%: growing) +18.39% (above 0%: growing) +2.59% (above 0%: growing) 69.68% 0.00% Compare
FMNB Farmers National Banc Corp. $919.5M 10.6× 10.9× +43.94% (above 0%: growing) +5.41% (above 0%: growing) +114.21% (above 0%: growing) 70.09% 0.00%
THFF First Financial Corporation Indiana $910.8M 9.9× 10.1× +12.04% (above 0%: growing) +32.00% (above 0%: growing) +35.58% (above 0%: growing) 76.21% 0.00% Compare
NBBK NB Bancorp, Inc. $899.0M 13.2× 11.0× +39.49% (above 0%: growing) +37.21% (above 0%: growing) −112.43% (below 0%: shrinking) 63.66% 0.00% Compare
MPB Mid Penn Bancorp $869.3M 11.8× 11.2× +13.23% (above 0%: growing) +6.25% (above 0%: growing) −3.90% (below 0%: shrinking) 69.39% 0.00% Compare
GSBC Great Southern Bancorp, Inc. $868.0M 13.3× 13.9× −10.48% (below 0%: shrinking) −16.18% (below 0%: shrinking) −93.70% (below 0%: shrinking) 71.23% 0.00% Compare
ORRF Orrstown Financial Services Inc $864.7M 9.8× 9.8× +0.90% (above 0%: growing) +8.91% (above 0%: growing) −5.50% (below 0%: shrinking) 70.78% 0.00% Compare
CCBG Capital City Bank Group $861.6M 13.8× 13.4× −2.57% (below 0%: shrinking) +6.45% (above 0%: growing) +47.12% (above 0%: growing) 89.60% 0.00% Compare
FCBC First Community Bancshares, Inc. $858.8M 14.3× 14.0× +35.47% (above 0%: growing) +77.61% (above 0%: growing) +82.80% (above 0%: growing) 92.36% 0.00% Compare
Median of peers $868.6M 13.2× 11.1× +8.64% +13.65% −0.65% 71.01% 0.00%

All 327 Banks Regional stocks →

Pay and ownership Proxy statement filed 16 March 2026

Chief executive’s pay

Year Total pay Actually paid $100 invested
2025 1.64m 1.57m 98.00
2024 1.44m 1.41m 103.00
2023 1.16m 1.18m 108.00
2022 1.47m 1.14m 84.00
2021 1.53m 1.83m 144.00
Total pay is as the Summary Compensation Table states it; actually paid revalues the year’s share awards at its end, as the SEC’s pay-versus-performance rule asks. $100 invested is what $100 in the company’s shares at the start of the earliest year shown was worth at each year’s end. Read the proxy statement

Farmers National Banc Corp. (FMNB) Latest News

28 Oct

Impact 4 · · Business Wire
Impact 3 · · Associated Press
Impact 3 · · Zacks earnings

16 Oct

Impact 3 · · Zacks

30 Sep

Impact 3 · · Zacks

22 Jul

Impact 3 ·
Impact 3 ·

26 Apr

Impact 3 · · Simply Wall St.

22 Apr

Impact 4 · · Zacks
Impact 3 ·
Impact 3 · · Business Wire

2 Mar

Impact 4 · · Business WireMT NewswiresSimply Wall St.StockStory

13 Feb

Impact 3 · · Simply Wall St.

12 Feb

Impact 3 · · Simply Wall St.

11 Feb

Impact 4 · · Simply Wall St.
Impact 3 · · Simply Wall St.

10 Feb

Impact 4 · · Business Wire
Impact 3 · · GlobeNewswire
Impact 3 · · Simply Wall St.

9 Feb

Impact 4 · · Simply Wall St.
Impact 3 · · Simply Wall St.

6 Feb

Impact 4 · · Simply Wall St.
Impact 3 · · Simply Wall St.

5 Feb

Impact 4 · · Business Wire
Impact 4 · · Simply Wall St.
Impact 4 · · Simply Wall St.

4 Feb

Impact 4 · · Simply Wall St.
Impact 3 ·

3 Feb

Impact 4 · · Simply Wall St.
Impact 3 · · Simply Wall St.
stockrow.com/FMNB · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com