Saturday 17 October 2026 Export FMNB’s income statement to Excel — free account

Farmers National Banc Corp.

Farmers National Banc Corp.’s revenue for fiscal 2025 (year ended December 2025) was $279.9 million, up 3.89% from fiscal 2024. In the quarter to June 2026, revenue grew 43.9%, EPS grew 5.41%, free cash flow grew 114.2% and total debt rose 9.19%, each against the same quarter a year earlier. Dividend growth for ten consecutive years, revenue growth for ten; insiders bought in the last twelve months.

15.30 0.10 +0.66%

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Market cap: $900.6M
P/E: 10.4×
Fwd P/E: 9.4×
Dividend yield: 4.51%
F-score: 8/9
Altman Z: n/a
Beneish M: n/a
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total buys 1.53

Total sells 0.41

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	1	—	5	—	—	—	—	—	1	—
Sell	—	—	—	—	—	—	—	1	—	1	—	—

Insider Ownership 2.01%

Capital & Financial Ratios $m

Market Cap 900.57

Revenue 323.62

Net Income 66.40

Free Cash Flow 61.61

Net Debt (70.38)

Current Ratio 0.79

Debt/Equity 0.12

P/E ratio 10.41

Fwd P/E 9.40

P/S ratio 2.79

P/B ratio 1.15

Past 5Y EPS Growth (0.27%)

This Y EPS Growth 8.51%

Next Y EPS Growth 11.86%

Next Y revenue growth (3.62%)

Next 5Y EPS Growth 16.12%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/E against its own 10 years 49.39%

10-year low 10-year high

P/S against its own 10 years 47.92%

10-year low 10-year high

P/B against its own 10 years 24.36%

10-year low 10-year high

Dividends

Payout Ratio 0.47

Annual Dividend Rate 0.69

Annual Dividend Yield 4.51%

	total	individual payouts
2027	Powerpack
2026	0.68	0.17 0.17 0.18
2025	0.68	0.17 0.17 0.17 0.17
2024	0.68	0.17 0.17 0.17 0.17
2023	0.68	0.17 0.17 0.17 0.17
2022	0.65	0.16 0.16 0.16 0.17
2021	0.47	0.11 0.11 0.11 0.14
2020	0.44	0.11 0.11 0.11 0.11
2019	0.38	0.09 0.09 0.10 0.10
2018	0.30	0.07 0.07 0.08 0.08
2017	0.22	0.05 0.05 0.06 0.06
2016	0.16	0.04 0.04 0.04 0.04

predictions special payouts not included in total or ratios

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%

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.

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.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	8.00	12.13	11.56	11.57	9.82	13.03	12.41	10.38	11.55	11.58	Analyst estimates 2026–2028 Powerpack
	High	15.50	15.95	16.90	16.50	16.50	18.99	20.00	15.08	16.32	15.50
People
People	Employees	441	445	453	450	445	550	546	666	682	706
	Revenue/emp, $m	0.22	0.24	0.26	0.29	0.33	0.28	0.34	0.38	0.40	0.40
Income, $m
Income, $m	Revenue	96	105	117	130	148	155	186	255	269	280
	Gross margin, %	95.43	93.42	88.69	84.92	89.13	94.52	90.38	70.40	63.12	67.37
	EBT	28	33	38	43	50	62	73	59	55	65
	EBT margin, %	29.29	31.71	32.65	33.13	33.86	40.16	39.10	23.00	20.57	23.24
	Net income	21	23	33	36	42	52	61	50	46	55
	Depreciation	6	5	6	5	5	7	10	8	7	6
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
	Earnings	0.76	0.82	1.18	1.29	1.48	1.78	1.79	1.34	1.23	1.46
	Cash flow	0.90	1.11	1.40	1.40	1.74	1.88	2.41	1.68	1.78	1.60
	Capex	(0.01)	(0.02)	(0.02)	(0.04)	(0.11)	(0.05)	(0.03)	(0.10)	(0.31)	(0.21)
	Free cash flow	0.89	1.09	1.38	1.35	1.62	1.84	2.37	1.58	1.47	1.39
	Book value	7.84	8.78	9.48	10.79	12.39	16.20	8.64	10.82	10.88	12.97
	Shares, m	27	28	28	28	28	29	34	37	37	37
Valuation, ×
Valuation, ×	P/E	19.22	17.65	10.89	12.65	8.97	10.19	8.08	10.73	11.56	9.19
	P/S	4.20	3.86	3.01	3.48	2.53	3.50	2.63	2.11	1.97	1.78
	P/B	1.89	1.67	1.34	1.51	1.07	1.15	1.67	1.33	1.31	1.03
	EV/Sales	3.92	3.38	2.56	3.28	1.33	3.34	2.70	2.05	1.97	1.76
	EV/FCF	15.53	11.76	7.85	11.37	4.29	9.63	6.25	8.85	9.67	9.45
Cash, $m
Cash, $m	Operating cash flow	24	31	39	39	49	55	82	63	67	60
	Capex	0	(1)	0	(1)	(3)	(1)	(1)	(4)	(12)	(8)
	Free cash flow	24	30	38	38	46	54	80	59	55	52
Balance, $m
Balance, $m	Working capital	(264)	(271)	(263)	(216)	(298)	(1,128)	(1,203)	(1,261)	(1,249)	(1,262)
	Total debt	15	7	6	45	76	88	88	89	86	87
	Net debt	(27)	(51)	(52)	(26)	(178)	(25)	13	(15)	0	(6)
	Shareholders’ equity	213	242	262	299	350	472	292	404	406	486
Returns, %
Returns, %	ROA	1.07	1.10	1.45	1.50	1.52	1.44	1.47	1.09	0.90	1.05
	ROIC	9.59	11.12	11.32	9.88	19.45	9.67	15.76	9.42	8.52	8.47
	ROE	10.00	9.98	12.91	12.73	12.90	12.61	15.85	14.33	11.34	12.24

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
CPF CPB Inc.	$929.5M	11.6×	10.8×	+2.39% (above 0%: growing)	+17.65% (above 0%: growing)	+23.90% (above 0%: growing)	83.01%	0.00%	Compare
TRST TrustCo Bank Corp NY	$919.8M	15.0×	9.1×	+6.20% (above 0%: growing)	+24.05% (above 0%: growing)	+2.59% (above 0%: growing)	69.96%	0.00%	Compare
HAFC Hanmi Financial Corporation	$917.4M	10.4×	9.6×	+2.07% (above 0%: growing)	+58.00% (above 0%: growing)	+48.02% (above 0%: growing)	64.66%	0.00%	Compare
NBBK NB Bancorp, Inc.	$913.3M	14.4×	10.2×	+39.49% (above 0%: growing)	+35.90% (above 0%: growing)	+19.91% (above 0%: growing)	63.66%	0.00%	Compare
MPB Mid Penn Bancorp	$911.3M	12.6×	11.6×	+24.51% (above 0%: growing)	+290.91% (above 0%: growing)	−3.90% (below 0%: shrinking)	70.72%	0.00%	Compare
FCBC First Community Bancshares, Inc.	$911.3M	15.3×	15.0×	+35.47% (above 0%: growing)	+77.61% (above 0%: growing)	+82.80% (above 0%: growing)	92.36%	0.00%	Compare
SBSI Southside Bancshares, Inc.	$909.2M	12.1×	9.8×	+6.52% (above 0%: growing)	+25.00% (above 0%: growing)	+1,301.48% (above 0%: growing)	60.49%	0.00%	Compare
FMNB Farmers National Banc Corp.	$900.6M	10.4×	9.4×	+43.94% (above 0%: growing)	+5.41% (above 0%: growing)	+114.21% (above 0%: growing)	70.09%	0.00%
THFF First Financial Corporation Indiana	$876.8M	10.4×	9.7×	+12.19% (above 0%: growing)	+21.66% (above 0%: growing)	+44.71% (above 0%: growing)	75.76%	0.00%	Compare
Median of peers	$912.3M	12.3×	10.0×	+9.36%	+30.45%	+34.30%	70.34%	0.00%

All 323 Banks Regional stocks →

Farmers National Banc Corp. (FMNB) key facts

Strength: Farmers National Banc Corp.’s revenue for fiscal 2025 (year ended December 2025) was $279.9 million, up 3.89% from fiscal 2024.
Strength: Net income was $54.6 million, or $1.46 per share (basic), a net margin of 19.5%.
Farmers National Banc Corp. (FMNB) is a Banks Regional company in the Financial sector, listed on Nasdaq.
As of October 16, 2026, FMNB traded at $15.30, a market capitalization of $900.6 million.
At that price the stock trades at 10.4× trailing-twelve-month earnings and 2.8× sales; its P/E is higher than 49% of its own readings over the past ten years.
Farmers National Banc Corp. pays an annual dividend of $0.69 per share, a yield of 4.51%, with a payout ratio of 46.9%.
Return on equity was 12.2% and debt-to-equity 0.12.
Its Piotroski F-score is 8 out of 9 for fiscal 2025.