Farmers National Banc Corp. (FMNB)
Financial Services · NCM
Fundamentals
Valuation and ratings
Farmers National Banc Corp. trades at USD14.59, close to the USD12.96 our discounted cash flow model puts on the business. On this measure the market and the model broadly agree, so the interesting question is which of them is wrong.
Our moat model scores it 44 out of 100, which is little in the way of a moat. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
It changes hands at 10.1 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.
FMNB dividend history
Dividends per share by year
| Year | Total per share | Payments |
|---|---|---|
| 2026 (year to date) | USD0.340 | 2 |
| 2025 | USD0.680 | 4 |
| 2024 | USD0.680 | 4 |
| 2023 | USD0.680 | 4 |
| 2022 | USD0.650 | 4 |
| 2021 | USD0.470 | 4 |
| 2020 | USD0.440 | 4 |
| 2019 | USD0.380 | 4 |
| 2018 | USD0.300 | 4 |
| 2017 | USD0.220 | 4 |
| 2016 | USD0.160 | 4 |
Split-adjusted amounts in the listing currency, grouped by the calendar year of the ex-dividend date, from the filed record. Growth and streak figures compare complete years only.
FMNB earnings and analyst estimates
Recommendation mix, 3 analyst ratings
Estimates are the published analyst consensus and move often. An earnings date is scheduled, not certain, and a share tends to reprice most violently on the day itself.
About Farmers National Banc Corp.
Farmers National Banc Corp. operates as a bank holding company for The Farmers National Bank of Canfield that engages in the banking, trust, retirement consulting, insurance, and financial management businesses. 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; and night depository, safe deposit box, money order, bank check, automated teller machine, Internet banking, travel card, E bond transaction, brokerage, and other services. The company also provides personal and corporate trust services in the areas of estate settlement, trust administration, employee benefit plans, and retirement services; and various insurance products through licensed representatives, as well as invests in municipal securities. Farmers National Banc Corp. was founded in 1887 and is headquartered in Canfield, Ohio.
FMNB passes 5 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
Super investor ownership
7 of the funds we track reported a position in their latest SEC 13F filing. Largest first:
- Ken Griffin, CITADEL ADVISORS LLC$4.66M · 0.0% of book
- Israel Englander, MILLENNIUM MANAGEMENT LLC$4.30M · 0.0% of book
- Two Sigma, TWO SIGMA INVESTMENTS, LP$3.43M · 0.0% of book
- Cliff Asness, AQR CAPITAL MANAGEMENT LLC$1.88M · 0.0% of book
- D. E. Shaw, D. E. Shaw & Co., Inc.$1.64M · 0.0% of book
A word of warning on reading these figures: a 13F reports the market value of a holding, so a fund that traded nothing at all still appears to have sold when the price fell. We found 102 companies where the standard reading gives the opposite answer. Only the share count is honest.
Common questions
Is Farmers National Banc Corp. (FMNB) undervalued?
Against our discounted cash flow estimate of USD12.96, FMNB at USD14.59 is 11% above fair value. That is one model's answer, not a recommendation, and most of a DCF's output sits in a terminal value nobody can forecast.
Which funds own FMNB?
7 of the institutions we track reported a position in FMNB in their most recent SEC 13F filing. A 13F is filed up to 45 days after quarter end, so it tells you what a fund held then, not what it holds now.
What is FMNB's P/E ratio?
FMNB trades at 10.1 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.
Does Farmers National Banc Corp. (FMNB) pay a dividend?
Yes. Farmers National Banc Corp. yields 4.57% at the current share price. It has paid USD0.680 per share over the trailing twelve months. It has paid a dividend in each of the last 26 complete calendar years. A dividend is declared by the board and can be cut at any time; a yield is a fact about the current price, not a promise.
When does FMNB report earnings next?
Farmers National Banc Corp. is scheduled to report on 22 Jul 2026. Companies move earnings dates, so read it as scheduled rather than certain.
The full research page for FMNB, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.
Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.