FARMERS NATIONAL BANC CORP /OH/(FMNB)— Stock Profile, AI Score & Financials
Financials · Nasdaq · AI-powered stock analysis, 32-signal quality score, SEC EDGAR financials, and institutional holdings. Updated .
FARMERS NATIONAL BANC CORP /OH/ (FMNB) stock profile, AI quality score, and SEC EDGAR financial data, a Financials sector company. 13F Pro's AI-powered ranking engine scores FMNB at 58.7/100 on a 32-signal composite quality model, placing it at rank #993 of 2,962 stocks — the top half of the AI-ranked universe. FMNB scores in the top quartile across profitability (82.1), revenue growth (81.9). Areas of concern include institutional flow (1.9) and revenue scale (30.7), which score below median versus the broader universe. Based on the latest XBRL financial filings (Q2 2026), FARMERS NATIONAL BANC CORP /OH/ reports quarterly revenue of $100.5M, net income of $23.0M, an operating margin of 27.0%. Top institutional holders of FMNB by reported 13-F value include BlackRock, VANGUARD CAPITAL MANAGEMENT, STATE STREET, based on the most recent SEC filings. FMNB trades on the Nasdaq exchange and files with the SEC under CIK 709337. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate FMNB daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for FARMERS NATIONAL BANC CORP /OH/ directly from SEC EDGAR.
AI Quality Score
58.7/100
AI Rank
#993
Revenue
$100.5M
Net Income
$23.0M
Free Cash Flow
$26.0M
Operating Margin
27.0%
FMNB key financials by period
FARMERS NATIONAL BANC CORP /OH/ reported revenue, net income and margins by fiscal period, from SEC filings.
Period
Form
Revenue
Net income
Operating margin
FY 2025
10-K
$279.9M
$54.6M
23.2%
FY 2024
10-K
$269.4M
$45.9M
20.6%
FY 2023
10-K
$255.2M
$49.9M
23.0%
FY 2022
10-K
$186.3M
$60.6M
39.1%
FY 2021
10-K
$146.2M
$51.8M
42.5%
FY 2020
10-K
$132.4M
$41.9M
38.0%
Institutions holding FMNB
Institutional investors reporting a position in FARMERS NATIONAL BANC CORP /OH/ on SEC Form 13F.
AI-extracted from the 10-Q filed 2026-05-07 — Q1 2026 (quarter ended March 31, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
Net income of $16.3M ($0.36 diluted EPS) grew 20% YoY, driven by Middlefield Merger (closed March 2, 2026) which added $1.49B loans and $1.49B deposits, partially offset by $14.5M merger-related costs.
Biggest Revenue Drivers
Net Interest Income$42.6M+24% YoY
Net interest margin expanded 27 bps to 3.12% YoY; Middlefield merger contribution; deposit costs down 18 bps
Trust fees $3.0M and retirement plan consulting fees $886K from wealth management operations
Largest Expense Items
Salaries and Employee Benefits$18.5M+14% YoY
Merger, employee raises, higher commission expense from fee-based business growth
System Conversion and Merger Costs$4.0Mn/a
Middlefield Merger integration and core system conversion to Jack Henry; $2.0M annual savings expected upon August 2026 completion
Noninterest Expenses (Total)$37.3M+31% YoY
Occupancy up to $5.1M (+24%), core processing $1.8M (+25%), other operating $3.8M
Margins: Net interest margin improved 27 bps to 3.12% from strong deposit cost reduction (18 bps) and loan yield growth, partially offset by lower yields on borrowings. Middlefield acquisition enhanced scale and diversified deposit base.
Watch Items from the Filing
Merger integration underway: $14.5M in Q1 2026 merger costs; $4.0M system conversion expense; full-year integration expenses and core system savings ($2.0M annually) remain on track for August 2026 cutover.
Asset quality deteriorated post-merger: nonperforming loans rose to 1.25% of total (vs. 0.79% at year-end 2025); nonperforming assets increased to 0.84% (vs. 0.50%); driven by Middlefield acquisition adds.
Securities portfolio marked down $189.7M unrealized losses at March 31 (vs. $181.8M at year-end), reflecting sustained rate environment; 913 of 1,068 securities underwater; management expects continued volatility.
Capital ratios remain strong post-merger: CET1 11.70%, total risk-based 14.63%, Tier 1 leverage 11.21%, all well above regulatory minimums, supporting continued growth and deployment opportunities.
Purchased loans as of March 31 included $67.9M in PCD/PSL with $5.2M allowance for credit losses; Day 1 reserves totaling $19.3M (PCD $4.0M + PSL $15.3M) to manage acquired credit risk.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
