Farmers National Banc (NASDAQ:FMNB – Get Free Report) released its quarterly earnings data on Wednesday. The bank reported $0.33 earnings per share for the quarter, meeting the consensus estimate of $0.33, Zacks reports. The company had revenue of $66.45 million during the quarter, compared to analyst estimates of $42.15 million. Farmers National Banc had a net margin of 19.50% and a return on equity of 14.78%.
Farmers National Banc Stock Down 0.2 %
FMNB traded down $0.03 during mid-day trading on Friday, reaching $16.06. 152,951 shares of the stock were exchanged, compared to its average volume of 111,290. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.73 and a current ratio of 0.73. The stock has a market capitalization of $603.05 million, a PE ratio of 11.08 and a beta of 0.84. The company has a 50 day moving average price of $12.73 and a two-hundred day moving average price of $12.97. Farmers National Banc has a 1 year low of $10.38 and a 1 year high of $16.32.
Farmers National Banc Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Friday, June 14th were issued a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a yield of 4.23%. The ex-dividend date was Friday, June 14th. Farmers National Banc’s dividend payout ratio is 46.90%.
Wall Street Analyst Weigh In
Check Out Our Latest Stock Analysis on Farmers National Banc
Farmers National Banc Company Profile
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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