See more : Insurance Australia Group Limited (IAG.AX) Income Statement Analysis – Financial Results
Complete financial analysis of Farmers National Banc Corp. (FMNB) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Farmers National Banc Corp., a leading company in the Banks – Regional industry within the Financial Services sector.
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Farmers National Banc Corp. (FMNB)
About Farmers National Banc Corp.
Farmers National Banc Corp., a financial holding company, operates in the banking, trust, retirement consulting, insurance, and financial management industries. 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, MasterCard and Visa credit cards, brokerage, and other services. The company also provides personal and corporate trust services in the areas of estate settlement, trust administration, and employee benefit plans; retirement services; property and casualty insurance products and services; and various insurance products through licensed representatives, as well as invests in municipal securities. It operates through 47 locations in northeastern region of Ohio and one location in southwestern Pennsylvania. The company was founded in 1887 and is based in Canfield, Ohio.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 170.49M | 158.87M | 141.29M | 123.25M | 107.97M | 101.00M | 94.35M | 87.49M | 64.53M | 49.76M | 48.52M | 48.75M | 49.15M | 50.58M | 42.69M | 31.80M | 28.93M | 29.03M | 31.63M | 29.54M | 32.72M | 29.91M | 28.10M | 27.28M | 19.50M | 2.54M | 2.62M | 2.13M | 1.61M |
| Cost of Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 170.49M | 158.87M | 141.29M | 123.25M | 107.97M | 101.00M | 94.35M | 87.49M | 64.53M | 49.76M | 48.52M | 48.75M | 49.15M | 50.58M | 42.69M | 31.80M | 28.93M | 29.03M | 31.63M | 29.54M | 32.72M | 29.91M | 28.10M | 27.28M | 19.50M | 2.54M | 2.62M | 2.13M | 1.61M |
| Gross Profit Ratio | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 57.37M | 48.96M | 43.17M | 41.46M | 38.45M | 37.94M | 36.60M | 32.96M | 27.58M | 21.61M | 22.77M | 20.46M | 19.34M | 17.71M | 16.69M | 11.63M | 11.73M | 11.59M | 11.69M | 10.65M | 10.60M | 9.66M | 9.00M | 8.87M | 5.60M | 5.14M | 5.06M | 4.78M | 4.13M |
| Selling & Marketing | 1.79M | 1.95M | 1.86M | 1.53M | 1.74M | 1.56M | 1.53M | 1.33M | 1.33M | 1.11M | 911.00K | 973.00K | 835.00K | 637.00K | 595.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 59.17M | 50.91M | 45.03M | 42.99M | 40.19M | 39.50M | 38.13M | 34.30M | 28.90M | 22.72M | 23.68M | 21.43M | 20.18M | 18.35M | 17.28M | 11.63M | 11.73M | 11.59M | 11.69M | 10.65M | 10.60M | 9.66M | 9.00M | 8.87M | 5.60M | 5.14M | 5.06M | 4.78M | 4.13M |
| Other Expenses | 0.00 | 34.40M | -129.10M | -126.07M | -108.09M | -91.95M | -96.16M | -93.24M | -82.30M | -58.19M | -58.97M | -51.71M | 11.00K | -46.39M | 74.00K | -16.82M | -11.66M | -11.21M | -17.32M | -17.74M | -15.90M | -11.01M | -4.53M | -4.30M | -4.50M | 12.59M | 11.39M | 9.91M | 9.17M |
| Operating Expenses | 78.95M | 85.31M | -84.07M | -83.07M | -67.91M | -52.45M | -58.04M | -58.94M | -53.40M | -35.46M | -35.28M | -30.28M | 20.19M | -28.04M | 17.36M | -5.20M | 68.00K | 380.00K | -5.63M | -7.09M | -5.31M | -1.35M | 4.47M | 4.57M | 1.10M | 17.73M | 16.45M | 14.68M | 13.30M |
| Cost & Expenses | 78.95M | 85.31M | -84.07M | -83.07M | -67.91M | -52.45M | -58.04M | -58.94M | -53.40M | -35.46M | -35.28M | -30.28M | 20.19M | -28.04M | 17.36M | -5.20M | 68.00K | 380.00K | -5.63M | -7.09M | -5.31M | -1.35M | 4.47M | 4.57M | 1.10M | 17.73M | 16.45M | 14.68M | 13.30M |
| Interest Income | 211.35M | 142.09M | 116.46M | 112.33M | 101.99M | 91.77M | 80.53M | 72.50M | 53.83M | 40.92M | 40.96M | 43.11M | 44.24M | 48.18M | 49.51M | 46.42M | 45.54M | 44.10M | 42.48M | 41.77M | 43.67M | 44.01M | 45.69M | 45.84M | 30.50M | 29.23M | 27.58M | 24.88M | 21.96M |
| Interest Expense | 75.55M | 17.92M | 8.47M | 16.14M | 19.61M | 13.27M | 6.88M | 4.38M | 4.09M | 4.58M | 5.06M | 6.21M | 7.84M | 11.00M | 16.55M | 19.95M | 21.89M | 20.20M | 15.24M | 12.77M | 13.93M | 17.29M | 21.00M | 21.55M | 12.60M | 12.74M | 12.13M | 10.76M | 9.69M |
| Depreciation & Amortization | 7.33M | 4.90M | 3.16M | 2.83M | 2.84M | 2.99M | 3.14M | 3.16M | 2.75M | 1.98M | 1.95M | 1.74M | 1.65M | 1.71M | 1.53M | 1.35M | 1.40M | 1.90M | 1.92M | 2.97M | 3.99M | 2.93M | 0.00 | 3.11M | 2.20M | 423.00K | 398.00K | 394.38K | 379.01K |
| EBITDA | 66.03M | 77.73M | 65.65M | 53.39M | 45.91M | 41.27M | 36.30M | 31.71M | 13.31M | 13.58M | 11.41M | 14.73M | 13.41M | 13.25M | 10.42M | 0.00 | 0.00 | 0.00 | 14.39M | 12.65M | 0.00 | 0.00 | 32.58M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA Ratio | 38.73% | 60.21% | 44.93% | 43.32% | 42.52% | 54.00% | 45.36% | 41.25% | 26.96% | 36.49% | 33.95% | 42.95% | 43.22% | 47.93% | 58.53% | 87.90% | 105.06% | 107.84% | 88.28% | 86.05% | 95.96% | 105.27% | 115.92% | 128.14% | 116.92% | 815.33% | 742.24% | 806.89% | 948.48% |
| Operating Income | 91.54M | 93.68M | 62.11M | 50.27M | 43.08M | 51.55M | 39.66M | 32.42M | 14.64M | 16.18M | 14.53M | 19.20M | 19.60M | 22.53M | 23.46M | 26.60M | 28.99M | 29.41M | 26.01M | 22.45M | 27.41M | 28.56M | 32.58M | 31.86M | 20.60M | 20.27M | 19.07M | 16.82M | 14.91M |
| Operating Income Ratio | 53.69% | 58.97% | 43.96% | 40.79% | 39.90% | 51.04% | 42.04% | 37.05% | 22.69% | 32.51% | 29.94% | 39.38% | 39.87% | 44.55% | 54.95% | 83.66% | 100.24% | 101.31% | 82.22% | 76.00% | 83.78% | 95.48% | 115.92% | 116.75% | 105.64% | 798.66% | 727.07% | 788.40% | 924.97% |
| Total Other Income/Expenses | -32.84M | -21.58M | -25.25M | -21.64M | -16.22M | -14.79M | -14.74M | -15.78M | -16.55M | -9.22M | -9.69M | -1.12M | -11.00K | 0.00 | -3.50M | -19.95M | -21.89M | -20.20M | -15.24M | -3.23M | -13.93M | -17.29M | -13.42M | -23.46M | -12.60M | -12.74M | -12.13M | -10.76M | -9.69M |
| Income Before Tax | 58.70M | 72.84M | 62.11M | 50.27M | 43.08M | 38.28M | 32.78M | 28.04M | 10.55M | 11.60M | 9.46M | 12.99M | 11.76M | 11.54M | 6.91M | 6.65M | 7.10M | 9.21M | 10.77M | 9.68M | 13.48M | 11.27M | 10.20M | 8.40M | 8.00M | 7.53M | 6.94M | 6.06M | 5.23M |
| Income Before Tax Ratio | 34.43% | 45.85% | 43.96% | 40.79% | 39.90% | 37.90% | 34.74% | 32.05% | 16.35% | 23.31% | 19.50% | 26.64% | 23.92% | 22.81% | 16.19% | 20.92% | 24.55% | 31.74% | 34.05% | 32.76% | 41.19% | 37.68% | 36.31% | 30.77% | 41.03% | 296.85% | 264.66% | 284.15% | 324.13% |
| Income Tax Expense | 8.77M | 12.24M | 10.27M | 8.40M | 7.32M | 5.71M | 10.07M | 7.49M | 2.50M | 2.63M | 1.68M | 3.06M | 2.54M | 2.54M | 1.07M | 987.00K | 1.18M | 2.00M | 2.71M | 2.49M | 3.96M | 3.34M | 2.91M | 2.65M | 2.50M | 2.42M | 2.20M | 1.93M | 1.65M |
| Net Income | 49.93M | 60.60M | 51.84M | 41.88M | 35.76M | 32.57M | 22.71M | 20.56M | 8.06M | 8.97M | 7.78M | 9.93M | 9.22M | 8.99M | 5.84M | 5.67M | 5.93M | 7.22M | 8.06M | 7.18M | 9.52M | 7.93M | 8.66M | 7.66M | 5.50M | 5.12M | 4.74M | 4.13M | 3.58M |
| Net Income Ratio | 29.29% | 38.14% | 36.69% | 33.98% | 33.12% | 32.25% | 24.07% | 23.50% | 12.48% | 18.02% | 16.03% | 20.37% | 18.76% | 17.78% | 13.68% | 17.82% | 20.48% | 24.85% | 25.48% | 24.31% | 29.08% | 26.52% | 30.81% | 28.06% | 28.21% | 201.54% | 180.79% | 193.68% | 221.80% |
| EPS | 1.34 | 1.79 | 1.78 | 1.48 | 1.29 | 1.18 | 0.82 | 0.76 | 0.36 | 0.48 | 0.41 | 0.53 | 0.50 | 0.66 | 0.44 | 0.43 | 0.46 | 0.55 | 0.62 | 0.56 | 0.74 | 0.62 | 0.57 | 0.46 | 0.66 | 0.63 | 0.61 | 0.52 | 0.93 |
| EPS Diluted | 1.33 | 1.79 | 1.77 | 1.47 | 1.28 | 1.16 | 0.82 | 0.76 | 0.36 | 0.48 | 0.41 | 0.53 | 0.50 | 0.66 | 0.44 | 0.43 | 0.46 | 0.55 | 0.62 | 0.55 | 0.74 | 0.62 | 0.57 | 0.46 | 0.66 | 0.63 | 0.61 | 0.52 | 0.93 |
| Weighted Avg Shares Out | 37.26M | 33.84M | 29.17M | 28.27M | 27.73M | 27.67M | 27.57M | 27.00M | 22.68M | 18.68M | 18.77M | 18.79M | 18.27M | 13.56M | 13.36M | 13.10M | 13.00M | 13.12M | 13.00M | 12.82M | 12.94M | 12.90M | 15.06M | 8.32M | 8.32M | 8.11M | 7.84M | 7.94M | 3.85M |
| Weighted Avg Shares Out (Dil) | 37.50M | 33.93M | 29.28M | 28.39M | 27.88M | 27.97M | 27.62M | 27.00M | 22.68M | 18.68M | 18.77M | 18.79M | 18.27M | 13.56M | 13.36M | 13.10M | 13.00M | 13.12M | 13.00M | 13.06M | 12.94M | 12.90M | 15.06M | 8.32M | 8.32M | 8.11M | 7.84M | 7.94M | 3.85M |
Farmers National Banc Corp. Reports Results for Second Quarter of 2023
CANFIELD, Ohio--(BUSINESS WIRE)--Farmers National Banc Corp. (“Farmers” or the “Company”) (NASDAQ: FMNB) reported today net income of $15.0 million, or $0.40 per diluted share, for the three months ended June 30, 2023, compared to $16.0 million, or $0.47 per diluted...
Farmers National Banc Corp.: Focused On Acquisitions To Drive Growth
Farmers National Banc Corp has been profitable for 161 consecutive quarters and recently bought back 2.2% of its shares. The bank has a dividend yield of 5% and a low valuation. The bank, operational since 1887, has grown its wealth...
Earnings Preview: Farmers National Banc (FMNB) Q2 Earnings Expected to Decline
Farmers National (FMNB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Farmers National Banc (FMNB) Beats Q1 Earnings Estimates
Farmers National Banc (FMNB) came out with quarterly earnings of $0.44 per share, beating the Zacks Consensus Estimate of $0.36 per share. This compares to earnings of $0.51 per share a year ago.
Insiders Are Doubling Down on These 8 Bank Stocks
Insiders of bank stocks have absolutely taken advantage of the recent volatility in the industry following the downfall of SVB Financial Group (NASDAQ: SIVB ) subsidiary Silicon Valley Bank. The collapse of the bank marked the second-largest of its kind in...
Farmers National (FMNB) Up on New Share Buyback Plan Announcement
Farmers National (FMNB) announces a new share repurchase plan to buy back 1 million shares of its common stock. This, along with regular dividend payments, will continue to enhance shareholders' value.
8 Upcoming Dividend Increases
All stocks have at least five fiscal years of dividend growth history and come from the U.S. Dividend Champions List. They have an average increase of 6% and a median increase of 3.8%.
5 Stocks to Watch on Recent Dividend Hikes Amid Volatility
Investors may keep a tab on FMNB, HRL, BSVN, BF.B, and MSI, which have lately hiked their dividend payments to reward investors.
Farmers National (FMNB) Up on 6.3% Quarterly Dividend Hike
Farmers National (FMNB) announces a 6.3% increase in its quarterly cash dividend to 17 cents per share. This, along with a steady share repurchase program, will continue to enhance shareholder value.
Farmers National Banc (FMNB) Q3 Earnings Top Estimates
Farmers National (FMNB) delivered earnings and revenue surprises of 4.35% and 2.85%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
Source: https://incomestatements.info
Category: Stock Reports