Farmers National Earnings Reports

Farmers National Banc Corp. reported a net income of $14.4 million, or $0.38 per diluted share, for the quarter ended December 31, 2024. The net interest margin improved from 2.66% in Q3 2024 to 2.72% in Q4 2024. The company completed the acquisition of Crest Retirement Advisors LLC.

Farmers National Banc Corp. reported a net income of $8.5 million, or $0.23 per diluted share, for Q3 2024. This is a decrease compared to Q3 2023, which had a net income of $13.3 million, or $0.36 per diluted share. The results were impacted by a $12.5 million commercial credit, which led to a $4.4 million charge-off and a $1.2 million specific reserve.

Farmers National Banc Corp. reported a net income of $11.8 million, or $0.31 per diluted share, for the second quarter of 2024. The results reflect strong loan growth and sequential improvement in net interest income, with a continued focus on asset quality.

Farmers National Banc Corp. reported a solid start to 2024, with net income of $11.2 million, or $0.30 per diluted share. Excluding a pretax item for the loss on the sale of investment securities, net income was $12.9 million, or $0.34 per diluted share. The company strategically restructured investment securities, improved asset quality, and experienced deposit growth.

Farmers National Banc Corp. announced a net income of $14.6 million, or $0.39 per diluted share, for Q4 2023. The company's total assets reached $5.08 billion, with loan growth of $29.6 million. Asset quality remained strong, with non-performing assets to total assets at 0.30%.

Farmers National Banc Corp. announced a net income of $13.3 million, or $0.36 per diluted share, for the third quarter of 2023. The results reflect the benefits of a diverse business model and a focus on maintaining strong asset quality and controlling operating expenses, despite the rapid increase in interest rates.

Farmers National Banc Corp. reported a net income of $15.0 million, or $0.40 per diluted share, for the three months ended June 30, 2023. The company's total assets were $5.07 billion at June 30, 2023.

Farmers National Banc Corp. announced a net income of $7.1 million for the first quarter of 2023, with diluted earnings per share at $0.19. The quarter's results included pretax items for acquisition-related expenses and net gains on the sale of securities and other assets. Excluding these items, net income would have been $16.5 million, or $0.44 per diluted share.

Farmers National Banc Corp. reported a net income of $13.4 million for Q4 2022, an increase compared to $5.7 million for Q4 2021. Diluted earnings per share were $0.39, compared to $0.18 in the same period last year. The company's results were impacted by merger-related costs and losses on the sale of securities and other assets.

Farmers National Banc Corp. announced a net income of $15.4 million for the third quarter of 2022, with diluted earnings per share of $0.46. Excluding certain items, net income would have been $16.2 million, or $0.48 per diluted share. The company experienced solid loan growth and opened a new lab branch in Canton, Ohio.

Farmers National Banc Corp. reported a net income of $16.0 million for the second quarter of 2022, compared to $15.6 million for the same period in 2021. Diluted earnings per share were $0.47 for the second quarter of 2022, versus $0.55 for the second quarter of 2021. The company saw loan growth of $89.6 million for the quarter excluding PPP loans.

Farmers National Banc Corp. announced a net income of $15.8 million, or $0.47 per diluted share, for the first quarter of 2022. The results included several one-time items, such as merger-related costs and a legal settlement. The company also announced an agreement to merge with Emclaire Financial Corp.

Farmers National Banc Corp. released its fourth quarter and year-end results in a shareholder letter.

Farmers National had a record-breaking quarter, securing the #1 spot among Ohio banks and 17th nationally, according to Bank Director Magazine. The merger with Cortland is progressing, with expected financial close in early November 2021.

Farmers National Banc Corp. reported a strong quarter, highlighting its growth strategies and progress in mergers and acquisitions, particularly the acquisition of Cortland Bancorp Inc. The company's assets have grown significantly under the retiring CFO's tenure.

Farmers National announced a record-setting first quarter with earnings increasing by 68% to $14.6 million, or $0.51 per diluted share. The company's performance was supported by strong asset quality and a diversified banking approach, with fee income contributing significantly to revenue.

Farmers National achieved record financial results for the fifth consecutive year, driven by mortgage lending, PPP execution, and the acquisition of Maple Leaf Financial, Inc. The company reported a record annual net income of $41.9 million, a 17% increase over 2019, and total loans grew by 14.7% to $2.08 billion.

Farmers National Bank demonstrated adaptability in Q3 2020 by opening its first Lab Branch, optimizing its branch network, and providing financial guidance through its Wealth Management team amid the ongoing pandemic.

Farmers National Corporation reported strong financial results for the second quarter of 2020, driven by their focus on community relationships and adaptation to the COVID-19 environment. The bank supported small businesses through PPP loans and strategically planned for future leadership transitions.

Farmers National reported solid first-quarter performance, demonstrating resilience amidst the COVID-19 pandemic. The company focused on supporting customers and communities while ensuring the health and well-being of its stakeholders. Their responsiveness to the Paycheck Protection Program was particularly noteworthy.

Farmers National Banc Corp. achieved record financial results for the fourth consecutive year in 2019, driven by diversified income sources, effective risk management, increased market share, and proactive expense management. The company completed its fourth bank acquisition since 2015 and transitioned to a virtual-only format for its annual meeting to enhance shareholder communication and participation.