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Sep 30, 2020
Farmers National Q3 2020 Earnings Report
Farmers National adapted to changes, opened first Lab Branch prototype, optimized branch network, and provided financial guidance through Wealth Management team during Q3 2020.
Key Takeaways
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 Bank opened its first Lab Branch prototype, featuring emerging technology and customer service initiatives.
The bank optimized its branch network by analyzing customer data and market information, leading to reduced hours and the closure of an underutilized branch.
The Wealth Management team provided informed and balanced insight to clients and communities during the economic uncertainty caused by COVID-19.
Farmers National Bank is committed to advancing with a strategic focus on both the physical branch network and vital digital channels.
Forward Guidance
Farmers National Bank will continue to adapt and move forward with our eye on winning and not merely coping.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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