Farmers National Banc Corp (NASDAQ:FMNB) Director Edward Muransky acquired 6,850 shares of the company’s stock in a transaction dated Friday, February 2nd. The stock was acquired at an average cost of $14.99 per share, with a total value of $102,681.50. Following the transaction, the director now directly owns 23,934 shares of the company’s stock, valued at $358,770.66. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.
Farmers National Banc Corp (NASDAQ FMNB) opened at $13.80 on Thursday. The firm has a market cap of $385.62, a price-to-earnings ratio of 15.39 and a beta of 0.35. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.04. Farmers National Banc Corp has a 52 week low of $12.65 and a 52 week high of $15.95.
Farmers National Banc (NASDAQ:FMNB) last announced its earnings results on Wednesday, January 31st. The bank reported $0.25 earnings per share for the quarter, beating the consensus estimate of $0.23 by $0.02. The business 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%. analysts anticipate that Farmers National Banc Corp will post 1.12 EPS for the current fiscal year.
Several research analysts have recently weighed in on FMNB shares. Keefe, Bruyette & Woods downgraded shares of Farmers National Banc from an “outperform” rating to a “market perform” rating in a research note on Friday, October 27th. Zacks Investment Research downgraded shares of Farmers National Banc from a “hold” rating to a “sell” rating in a research note on Monday, October 30th. ValuEngine downgraded shares of Farmers National Banc from a “buy” rating to a “hold” rating in a research note on Tuesday, November 14th. Finally, BidaskClub downgraded shares of Farmers National Banc from a “hold” rating to a “sell” rating in a research note on Thursday, December 7th.
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About Farmers National Banc
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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