Market cap | $503.88M |
---|---|
Enterprise value | N/A |
Revenue | $172.551M |
---|---|
EBITDA | N/A |
Income | $54.096M |
Revenue Q/Q | 5.35% |
Revenue Y/Y | 10.34% |
P/E | 8.27 |
---|---|
Forward P/E | 7.63 |
EV/Sales | 4.09 |
EV/EBITDA | N/A |
EV/EBIT | 10.04 |
PEG | 0.53 |
Price/Sales | 2.92 |
P/FCF | 9.11 |
Price/Book | 1.25 |
Book/Share | 9.70 |
Cash/Share | N/A |
FCF yield | 11.29% |
Volume | 77.234k / N/A |
---|---|
Relative vol. | N/A |
EPS | 1.46 |
---|---|
EPS Q/Q | -14.29% |
Est. EPS Q/Q | 55.17% |
Profit margin | 29.29% |
---|---|
Oper. margin | 37.34% |
Gross margin | 100.00% |
EBIT margin | 37.34% |
EBITDA margin | 41.63% |
Ret. on assets | 1.07% |
---|---|
Ret. on equity | 14.58% |
ROIC | 1.28% |
ROCE | 1.27% |
Debt/Equity | 11.56 |
---|---|
Net debt/EBITDA | 5.77 |
Current ratio | N/A |
Quick ratio | N/A |
Volatility | 2.20% |
---|---|
Beta | 0.92 |
RSI | 47.16 |
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Insider ownership | 8.40% |
---|---|
Inst. ownership | 40.90% |
Shares outst. | 37.550M |
---|---|
Shares float | 0.000 0.00% |
Short % of float | 1.56% |
Short ratio | 3.97 |
Dividend | $0.68 |
---|---|
Dividend yield | 5.59% |
Payout ratio | 46.58% |
Payment date | N/A |
Ex-dividend date | N/A |
Earnings date | 24 Jul 2024 |
Wednesday, 4 October 2023
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While institutions own 40% of Farmers National Banc Corp. , individual investors are its largest shareholders with 51% ownership | |
Tuesday, 25 July 2023
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Farmers National Bank appoints SVP, commercial banking team leader in PA | |
Tuesday, 28 February 2023
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Farmers National Banc Corp. Declares Quarterly Cash Dividend | |
Wednesday, 7 December 2022
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Farmers National Bank Announces Appointment of Chief Operating Officer | |
Wednesday, 24 August 2022
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Farmers National Banc Corp. Announces Holding Company Leadership Change | |
Saturday, 6 August 2022
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Shareholders in Farmers National Banc are in the red if they invested a year ago | |
Thursday, 21 July 2022
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Emclaire shareholders approve acquisition | |
Monday, 27 June 2022
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Farmers National Banc Corp. and Emclaire Financial Corp. Announce Election Deadline of July 19, 2022 - Yahoo Finance | |
Wednesday, 27 April 2022
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Farmers National Banc Corp. Announces First Quarter Results - Yahoo Finance | |
Thursday, 24 March 2022
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New bank coming to Pittsburgh via $105M acquisition as Farmers make a deal | |
Farmers National Banc Corp. and Emclaire Financial Corp. Announce Merger - Yahoo Finance | |
Thursday, 27 January 2022
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Farmers National Banc Corp. Announces Record 2021 Results | |
Thursday, 16 December 2021
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Cornercap Group Of Funds Buys Alpha Metallurgical Resources Inc, Exelixis Inc, APA Corp, Sells ... | |
Tuesday, 30 November 2021
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Independent Director Edward Muransky Just Bought 7.4% More Shares In Farmers National Banc Corp. | |
Saturday, 27 November 2021
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Farmers National Banc Will Pay A Larger Dividend Than Last Year At US$0.14 | |
Monday, 2 August 2021
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Farmers National Banc Corp. Announces Board Addition | |
Wednesday, 28 July 2021
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Farmers National Banc Corp. Announces 2021 Second Quarter Financial Results | |
Thursday, 24 June 2021
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Farmers National to Acquire Cortland Bancorp for $124M; Shares Decline 5.2% | |
Insider |
Trans.
Transaction
|
Total value |
---|---|---|
Ralph D Macali | Buy 18 Jun 2024 | $10,098 |
Ralph D Macali | Buy 11 Jun 2024 | $5,757 |
Gina A Richardson | Buy 23 May 2024 | $12,253 |
Amber B Wallace Sr VP/Chief Retail/Marketing | Buy 22 Feb 2024 | $392 |
Kevin J Helmick President and CEO | Buy 22 Feb 2024 | $1,007 |
Gina A Richardson | Buy 14 Feb 2024 | $10,069 |
Gina A Richardson | Buy 30 Jan 2024 | $10,415 |
Timothy F Shaffer SEVP and CCO | Sale 29 Jan 2024 | $56,897 |
Anne Frederick Crawford Director | Buy 21 Nov 2023 | $9,960 |
Mark J Wenick SEVP/ Chief Wealth Mgr | Buy 7 Nov 2023 | $2,533 |
Gina A Richardson | Buy 3 Nov 2023 | $5,328 |
Price target
Dividends
Ex-dividend date | N/A | Frequency | Quarterly | Annual dividend | +4.62% |
---|---|---|---|---|---|
Next dividend | N/A | Dividend yield | 5.59% | Growth period | 10 years |
Last dividend date | Yield 3 years | 4.97% | Growth 3 years | +15.62% | |
Last dividend | Yield 5 years | 4.15% | Growth 5 years | +17.78% |
Insider | Age | Since | Compensation |
---|---|---|---|
Kevin Helmick (48) President, Chief Executive Officer, Director of the Company, and Farmers Bank since 2014 | 48 | 2014 | $1,074,750 |
Kevin J. Helmick (49) Pres, CEO, and Director | 49 | $905,828 | |
Mark Witmer (55) Executive Vice President, Chief Banking, and Chief Credit Officer of the Bank since 2020 | 55 | 2020 | $588,559 |
Carl Culp (56) Senior Executive Vice President, Secretary, Treasurer of Farmers, Senior Executive Vice-President, Cashier, and Chief Financial Officer of Farmers Bank since 2019 | 56 | 2019 | $553,244 |
Mark Graham (65) Executive Vice President and Special Assets Analyst of the Bank since 2020 | 65 | 2020 | $398,379 |
Amber Wallace Soukenik (54) Executive Vice President and Chief Retail/Marketing Officer of Farmers Bank since 2019 | 54 | 2019 | $364,320 |
Amber B. Wallace Soukenik (55) Exec. VP, Chief Retail, and Marketing Officer of Farmers Bank | 55 | $334,710 | |
Brian Jackson (50) Senior Vice President and Chief Information Officer of Farmers Bank since 2009 | 50 | 2009 | $230,571 |
James Smail (73) Independent Director since 2015 | 73 | 2015 | $93,000 |
Lance Ciroli (69) Independent Chairman of the Board since 2011 | 69 | 2011 | $75,000 |
Gregory Bestic (65) Independent Director since 2011 | 65 | 2011 | $59,000 |
David Paull (65) Independent Director since 2011 | 65 | 2011 | $52,000 |
Terry Moore (64) Independent Director since 2014 | 64 | 2014 | $50,000 |
Edward Muransky (60) Independent Director since 2017 | 60 | 2017 | $45,000 |
Ralph Macali (64) Independent Director since 2001 | 64 | 2001 | $45,000 |
Anne Crawford (56) Independent Director since 2004 | 56 | 2004 | $45,000 |
Joseph Sabat (59) Vice President and Controller of Farmers Bank since 2019 | 59 | 2019 | |
Michael Oberhaus (43) Senior Vice President and Chief Risk Officer of Farmers Bank since 2019 | 43 | 2019 | |
Mark Nicastro (49) Senior Vice President and Chief Human Resources Officer of Farmers Bank since 2019 | 49 | 2019 | |
Timothy Shaffer (58) Senior Vice President, Regional President, and Chief Lending Officer of the Bank since 2020 | 58 | 2020 | |
Mark Joseph Wenick J.D. (62) Sr. VP and Chief Wealth Management Officer | 62 | ||
Christopher J. Smerglia | |||
Thomas R. Stocksdale | |||
Daniel A. Cvercko | |||
Joseph A. Gerzina (65) Sr. VP and Regional Pres of West of Farmers Bank | 65 | ||
Mark A. Nicastro (50) Sr. VP and Chief HR Officer | 50 | ||
Bryan Sahli | |||
Joseph W. Sabat CPA (60) VP and Chief Accounting Officer | 60 |
founded in 1887, farmers is a diversified financial services company headquartered in canfield, ohio, with approximately $1.6 billion in banking assets and $1 billion in trust assets. farmers’ wholly-owned subsidiaries are comprised of farmers national bank, a full-service national bank engaged in commercial and retail banking with 39 locations in mahoning, trumbull, columbiana, stark, summit, wayne, medina, and cuyahoga counties in ohio, and beaver county in pennsylvania. farmers trust company, which operates two trust offices and offers services in the same geographic markets and national associates, inc. farmers national insurance, llc, a wholly-owned subsidiary of farmers national bank, offers a variety of insurance products. for years to come, farmers national bank will continue to strive for innovative solutions for our customers, associates, shareholders, and the community.
- Finance > Regional Banks
- Farmers National Banc Corp., 20 South Broad Street, Canfield 44406, United States
- 330 533 3341
- Investor relations
Dividends
Ex-dividend date | N/A | Frequency | Quarterly | Annual dividend | +4.62% |
---|---|---|---|---|---|
Next dividend | N/A | Dividend yield | 5.59% | Growth period | 10 years |
Last dividend date | Yield 3 years | 4.97% | Growth 3 years | +15.62% | |
Last dividend | Yield 5 years | 4.15% | Growth 5 years | +17.78% |
Quarterly EPS estimates
Profit margin
Debt to assets
Cash flow
Balance sheet
(in millions USD) | 31 Mar 2024 | 31 Dec 2023 | |||
---|---|---|---|---|---|
Current assets | |||||
Cash | $148.63 | $103.658 | |||
Short term investments | |||||
Net receivables | |||||
Inventory | |||||
Total current assets | |||||
Long term investments | |||||
Property, plant & equipment | $45.109 | $44.364 | |||
Goodwill & intangible assets | $189.599 | $190.288 | |||
Total noncurrent assets | |||||
Total investments | $4,472.267 | $4,520.303 | |||
Total assets | $5,080.01 | $5,078.35 | |||
Current liabilities | |||||
Accounts payable | |||||
Deferred revenue | |||||
Short long term debt | |||||
Total current liabilities | |||||
Long term debt | |||||
Total noncurrent liabilities | |||||
Total debt | $433.777 | $443.663 | |||
Total liabilities | $4,682.984 | $4,673.935 | |||
Stockholders' equity | |||||
Retained earnings | $241.628 | $236.757 | |||
Other stockholder equity | -$184.954 | -$172.554 | |||
Total stockholder equity | $397.026 | $404.415 |
(in millions USD) | 2023 | 2022 | ||
---|---|---|---|---|
Current assets | ||||
Cash | $103.658 | $75.551 | ||
Short term investments | ||||
Net receivables | ||||
Inventory | ||||
Total current assets | ||||
Long term investments | ||||
Property, plant & equipment | $44.364 | $39.173 | ||
Goodwill & intangible assets | $190.288 | $101.666 | ||
Total noncurrent assets | ||||
Total investments | $4,520.303 | $3,680.099 | ||
Total assets | $5,078.35 | $4,082.2 | ||
Current liabilities | ||||
Accounts payable | ||||
Deferred revenue | ||||
Short long term debt | ||||
Total current liabilities | ||||
Long term debt | ||||
Total noncurrent liabilities | ||||
Total debt | $443.663 | $183.211 | ||
Total liabilities | $4,673.935 | $3,789.905 | ||
Stockholders' equity | ||||
Retained earnings | $236.757 | $212.375 | ||
Other stockholder equity | -$172.554 | -$210.49 | ||
Total stockholder equity | $404.415 | $292.295 |
Income statement
(in millions USD) | 31 Mar 2024 | 31 Dec 2023 | |||
---|---|---|---|---|---|
Revenue | |||||
Total revenue | $40.493 | $44.7 | |||
Cost of revenue | |||||
Gross profit | $40.493 | $44.7 | |||
Operating activities | |||||
Research & development | |||||
Selling, general & administrative | $19.23 | $19.181 | |||
Total operating expenses | $27.039 | $26.972 | |||
Operating income | $13.454 | $17.728 | |||
Income from continuing operations | |||||
EBIT | $13.454 | $17.728 | |||
Income tax expense | $2.214 | $3.152 | |||
Interest expense | |||||
Net income | |||||
Net income | $11.24 | $14.576 | |||
Income (for common shares) | $11.24 | $14.576 |
(in millions USD) | 2023 | 2022 | ||
---|---|---|---|---|
Revenue | ||||
Total revenue | $170.494 | $167.246 | ||
Cost of revenue | ||||
Gross profit | $170.494 | $167.246 | ||
Operating activities | ||||
Research & development | ||||
Selling, general & administrative | $74.601 | $58.339 | ||
Total operating expenses | $111.796 | $94.411 | ||
Operating income | $58.698 | $72.835 | ||
Income from continuing operations | ||||
EBIT | $58.698 | $72.835 | ||
Income tax expense | $8.766 | $12.238 | ||
Interest expense | ||||
Net income | ||||
Net income | $49.932 | $60.597 | ||
Income (for common shares) | $49.932 | $60.597 |
Cash flows
(in millions USD) | 31 Mar 2024 | 31 Dec 2023 | |||
---|---|---|---|---|---|
Net income | $11.24 | $14.576 | |||
Operating activities | |||||
Depreciation | $1.611 | $1.548 | |||
Business acquisitions & disposals | |||||
Stock-based compensation | $0.662 | $0.604 | |||
Total cash flows from operations | $13.163 | $13.856 | |||
Investing activities | |||||
Capital expenditures | -$1.553 | -$1.37 | |||
Investments | $28.413 | -$17.155 | |||
Total cash flows from investing | $27.411 | -$18.525 | |||
Financing activities | |||||
Dividends paid | -$6.341 | -$6.332 | |||
Sale and purchase of stock | |||||
Net borrowings | -$10 | $355 | |||
Total cash flows from financing | $4.398 | $14.404 | |||
Effect of exchange rate | |||||
Change in cash and equivalents | $44.972 | $9.735 |
(in millions USD) | 2023 | 2022 | ||
---|---|---|---|---|
Net income | $49.932 | $60.597 | ||
Operating activities | ||||
Depreciation | $7.327 | $4.899 | ||
Business acquisitions & disposals | -$13.175 | -$1.033 | ||
Stock-based compensation | $2.612 | $1.817 | ||
Total cash flows from operations | $62.306 | $83.685 | ||
Investing activities | ||||
Capital expenditures | -$3.347 | -$4.106 | ||
Investments | $94.039 | -$204.007 | ||
Total cash flows from investing | $77.936 | -$208.453 | ||
Financing activities | ||||
Dividends paid | -$25.396 | -$22.004 | ||
Sale and purchase of stock | -$11.544 | |||
Net borrowings | $185 | $95 | ||
Total cash flows from financing | -$112.135 | $87.529 | ||
Effect of exchange rate | ||||
Change in cash and equivalents | $28.107 | -$37.239 |
Recent institutional transactions
Quarter | Shareholder | Change |
Shares owned
Shares
|
Value (in thousands USD) |
---|---|---|---|---|
2024 Q1 | Farmers Trust Co |
-27.99%
|
397,762 | $5,314,100 |
2024 Q1 | Arrowstreet Capital, Limited Partnership |
Opened
|
136,301 | $1,821 |
2024 Q1 | Blackrock |
-3.95%
|
2,909,938 | $38,876,772 |
2024 Q1 | State Street Corp |
+7.27%
|
817,015 | $10,915,320 |
2024 Q1 | Lsv Asset Management |
-7.53%
|
585,304 | $7,820 |
2024 Q1 | Jpmorgan Chase & Co |
+101.67%
|
74,153 | $990,684 |
2024 Q1 | Bridgeway Capital Management |
-17.86%
|
126,132 | $1,685,124 |
2024 Q1 | Barclays PLC |
-42.82%
|
32,676 | $436 |
2024 Q1 | Empowered Funds |
-36.34%
|
42,543 | $568,374 |
2024 Q1 | Wellington Management Group LL.P. |
-14.86%
|
108,917 | $1,455,131 |
Institutional shareholders
Shareholder | Stake |
Shares owned
Shares
|
Value (in thousands USD) |
---|---|---|---|
Blackrock | 7.75% | 2,909,938 | |
Vanguard Group Inc | 5.36% | 2,014,145 | |
Dimensional Fund Advisors L.P. | 2.96% | 1,112,926 | |
State Street Corp | 2.18% | 817,015 | |
Lsv Asset Management | 1.56% | 585,304 | |
Manufacturers Life Insurance Company, The | 1.16% | 436,299 | |
Farmers Trust Co | 1.06% | 397,762 | |
Pacific Ridge Capital Partners | 0.93% | 351,065 | |
Northern Trust Corp | 0.87% | 325,952 | |
American Century Companies Inc | 0.78% | 292,252 |