See more : OFG Bancorp (OFG) 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.: Sowing Prudence, Gathering Stability
Farmers National Banc Corp. maintains stable revenues and margins. The prudent management of its earning assets helps sustain its expansion.
Farmers National Banc (FMNB) Q2 Earnings Meet Estimates
Farmers National (FMNB) delivered earnings and revenue surprises of 0% and 1.11%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
Farmers National Banc Corp.: Growth And Yield
The bank is improving, and rates rising will immediately fuel the bottom line. Asset quality is improving.
Wall Street Analysts Believe Farmers National (FMNB) Could Rally 30%: Here's is How to Trade
The consensus price target hints at a 30.2% upside potential for Farmers National (FMNB). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an...
Can Farmers National (FMNB) Climb 29% to Reach the Level Wall Street Analysts Expect?
The average of price targets set by Wall Street analysts indicates a potential upside of 29% in Farmers National (FMNB). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into...
Here's Why Farmers National (FMNB) is Poised for a Turnaround After Losing 9.4% in 4 Weeks
The heavy selling pressure might have exhausted for Farmers National (FMNB) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock...
Farmers National Banc: Sowing Prudence, Harvesting Profitability And Liquidity Amidst Inflation
Farmers National Banc Corp. shows strong performance and sound fundamental health. The hike in inflation and interest rates may be a tough challenge for its core operations.
Farmers National Banc Corp. and Emclaire Financial Corp. Announce Merger
CANFIELD, Ohio & EMLENTON, Pa.--(BUSINESS WIRE)--Farmers National Banc Corp. (“Farmers”) (NASDAQ: FMNB), the holding company for The Farmers National Bank of Canfield (“Farmers Bank”), and Emclaire Financial Corp. (“Emclaire”) (NASDAQ: EMCF), the holding company for The Farmers National Bank of...
Farmers National (FMNB) Hikes Dividend by 14.3%: Worth a Look?
Farmers National (FMNB) announces a 14.3% sequential hike in its quarterly cash dividend. Should you consider adding the stock to your portfolio based on dividend income?
Farmers National Banc (FMNB) Q4 Earnings and Revenues Lag Estimates
Farmers National (FMNB) delivered earnings and revenue surprises of -1.96% and 4.18%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?
Source: https://incomestatements.info
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