Farmers National Banc Corp (NASDAQ:FMNB) announced a quarterly dividend on Wednesday, February 28th, Wall Street Journal reports. Investors of record on Friday, March 9th will be given a dividend of 0.07 per share by the bank on Friday, March 30th. This represents a $0.28 annualized dividend and a yield of 1.93%. The ex-dividend date of this dividend is Thursday, March 8th. This is a boost from Farmers National Banc’s previous quarterly dividend of $0.06.
Farmers National Banc (NASDAQ FMNB) opened at $14.50 on Wednesday. Farmers National Banc has a twelve month low of $12.65 and a twelve month high of $15.95. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.03. The company has a market capitalization of $400.77, a P/E ratio of 17.47 and a beta of 0.43.
Farmers National Banc (NASDAQ:FMNB) last released its quarterly earnings data on Wednesday, January 31st. The bank reported $0.25 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.23 by $0.02. Farmers National Banc had a return on equity of 10.72% and a net margin of 21.72%. The firm had revenue of $25.12 million during the quarter, compared to analyst estimates of $25.90 million. analysts expect that Farmers National Banc will post 1.12 EPS for the current fiscal year.
FMNB has been the topic of several recent analyst reports. ValuEngine cut Farmers National Banc from a “buy” rating to a “hold” rating in a report on Tuesday, December 26th. BidaskClub lowered Farmers National Banc from a “hold” rating to a “sell” rating in a research report on Thursday, December 7th. Zacks Investment Research raised Farmers National Banc from a “sell” rating to a “hold” rating in a report on Wednesday, December 27th. Finally, Keefe, Bruyette & Woods restated a “hold” rating and issued a $17.00 price target on shares of Farmers National Banc in a research note on Friday, December 22nd.
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Farmers National Banc Company Profile
Farmers National Banc Corp. is a one-bank holding company. The Company’s principal business consists of owning and supervising its subsidiaries. The Company operates through tree segments: the Bank, Trust and Retirement Consulting. The Company operates principally through its subsidiaries, The Farmers National Bank of Canfield (the Bank or Farmers Bank), Farmers Trust Company (Trust or Farmers Trust), National Associates, Inc (NAI) and Farmers National Captive, Inc (Captive).
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