Farmers National Banc (NASDAQ:FMNB - Get Free Report) released its quarterly earnings results on Wednesday. The bank reported $0.39 EPS for the quarter, topping the consensus estimate of $0.34 by $0.05, Zacks reports. Farmers National Banc had a return on equity of 11.92% and a net margin of 17.26%.
Farmers National Banc Price Performance
Farmers National Banc stock traded up $0.36 during mid-day trading on Wednesday, hitting $14.07. 84,795 shares of the company were exchanged, compared to its average volume of 77,333. The company has a debt-to-equity ratio of 0.20, a current ratio of 0.74 and a quick ratio of 0.74. Farmers National Banc has a 12-month low of $11.55 and a 12-month high of $16.32. The business's 50 day simple moving average is $14.48 and its two-hundred day simple moving average is $14.67. The company has a market capitalization of $528.89 million, a P/E ratio of 11.44 and a beta of 0.86.
Farmers National Banc Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were issued a dividend of $0.17 per share. The ex-dividend date of this dividend was Friday, December 13th. This represents a $0.68 annualized dividend and a yield of 4.83%. Farmers National Banc's dividend payout ratio (DPR) is currently 55.28%.
Analysts Set New Price Targets
FMNB has been the subject of a number of analyst reports. StockNews.com upgraded shares of Farmers National Banc from a "sell" rating to a "hold" rating in a research report on Thursday, December 19th. Piper Sandler reissued a "neutral" rating and set a $17.00 price target on shares of Farmers National Banc in a report on Thursday, November 21st.
View Our Latest Report on FMNB
Farmers National Banc Company Profile
(
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Farmers National Banc Corp. operates as a bank holding company for The Farmers National Bank of Canfield 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, night depository, safe deposit box, money order, bank check, automated teller machine, Internet banking, travel card, E bond transaction, brokerage, and other services.
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