Farmers National Banc Corp (FMNB) Director Acquires $102,681.50 in Stock

Farmers National Banc Corp (NASDAQ:FMNB) Director Edward Muransky bought 6,850 shares of the business’s stock in a transaction on Friday, February 2nd. The shares were acquired at an average price of $14.99 per share, with a total value of $102,681.50. Following the completion of the purchase, the director now directly owns 23,934 shares of the company’s stock, valued at $358,770.66. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Farmers National Banc Corp (NASDAQ:FMNB) opened at $14.00 on Wednesday. The stock has a market cap of $384.24, a price-to-earnings ratio of 15.33 and a beta of 0.35. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.86 and a current ratio of 0.86. Farmers National Banc Corp has a 1-year low of $12.65 and a 1-year high of $15.95.

Farmers National Banc (NASDAQ:FMNB) last announced its quarterly earnings results 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. The company had revenue of $25.12 million during the quarter, compared to the consensus estimate of $25.90 million. Farmers National Banc had a net margin of 21.72% and a return on equity of 10.89%. research analysts predict that Farmers National Banc Corp will post 1.12 EPS for the current fiscal year.

Several research firms have weighed in on FMNB. Keefe, Bruyette & Woods cut Farmers National Banc from an “outperform” rating to a “market perform” rating in a research note on Friday, October 27th. ValuEngine upgraded shares of Farmers National Banc from a “hold” rating to a “buy” rating in a report on Thursday, November 30th. Zacks Investment Research upgraded shares of Farmers National Banc from a “hold” rating to a “buy” rating and set a $17.00 price target for the company in a report on Friday, January 5th. Finally, BidaskClub downgraded shares of Farmers National Banc from a “hold” rating to a “sell” rating in a report on Thursday, December 7th.

Several large investors have recently made changes to their positions in FMNB. Cetera Investment Advisers acquired a new position in shares of Farmers National Banc during the second quarter worth $165,000. SG Americas Securities LLC acquired a new position in shares of Farmers National Banc during the third quarter worth $165,000. Stifel Financial Corp increased its holdings in shares of Farmers National Banc by 6.4% during the second quarter. Stifel Financial Corp now owns 13,244 shares of the bank’s stock worth $192,000 after buying an additional 800 shares in the last quarter. OxFORD Asset Management LLP acquired a new position in shares of Farmers National Banc during the second quarter worth $216,000. Finally, Alliancebernstein L.P. acquired a new position in shares of Farmers National Banc during the second quarter worth $238,000. Institutional investors own 34.43% of the company’s stock.

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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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