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Farmers National Banc Corp. /Oh/ (FMNB) Stock Fundamental Analysis & AI Rating 2026

FMNB Nasdaq State Commercial Banks OH CIK: 0000709337
Updated This Month • Analysis: Mar 25, 2026 • SEC Data: 2025-12-31
Combined AI Rating
BUY
72% Confidence
STRONG AGREEMENT
BUY
72% Conf
BUY
73% Conf

📊 FMNB Key Takeaways

Revenue: $279.9M
Net Margin: 19.5%
Free Cash Flow: $52.2M
Current Ratio: N/A
Debt/Equity: 0.18x
EPS: $1.45
AI Rating: BUY with 72% confidence
Farmers National Banc Corp. /Oh/ (FMNB) receives a BUY rating with 72% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $279.9M, net profit margin of 19.5%, and return on equity (ROE) of 11.2%, Farmers National Banc Corp. /Oh/ demonstrates strong fundamentals in the Finance sector. Below is our complete FMNB stock analysis for 2026.

Is Farmers National Banc Corp. /Oh/ (FMNB) a Good Investment?

Claude

Farmers National Banc demonstrates solid fundamental strength with 19.7% revenue growth and a healthy 19.5% net margin, supported by strong free cash flow generation of $52.2M. However, the weak interest coverage ratio of 1.4x and modest ROA of 1.0% suggest operational leverage constraints typical of regional banks, warranting cautious optimism on sustainable profitability.

ChatGPT

Farmers National Banc Corp shows solid core fundamentals, with strong revenue growth, healthy operating and net margins, and bank-level profitability metrics that are respectable at 11.2% ROE and 1.0% ROA. Growth quality is mixed because net income was flat despite higher revenue, but positive free cash flow, modest long-term debt, and stable earnings support a constructive fundamental view.

Why Buy Farmers National Banc Corp. /Oh/ Stock? FMNB Key Strengths

Claude
  • + Strong revenue growth of 19.7% YoY indicating expanding business operations
  • + Healthy net margin of 19.5% and operating margin of 23.2% showing efficient cost management
  • + Solid free cash flow generation of $52.2M with 18.6% FCF margin demonstrating cash generation quality
  • + Conservative leverage with debt-to-equity ratio of only 0.18x providing financial flexibility
  • + Operating cash flow of $60.0M covering capex with $52.2M free cash flow available for distributions
ChatGPT
  • + Revenue grew 19.7% year over year while maintaining a solid 23.2% operating margin
  • + Profitability is sound for a regional bank, with 19.5% net margin, 11.2% ROE, and 1.0% ROA
  • + Positive operating cash flow and $52.18M of free cash flow provide financial flexibility

FMNB Stock Risks: Farmers National Banc Corp. /Oh/ Investment Risks

Claude
  • ! Critically weak interest coverage ratio of 1.4x indicates limited debt servicing capacity and vulnerability to rate changes
  • ! Low ROA of 1.0% suggests inefficient asset utilization typical of compressed banking margins
  • ! Modest ROE of 11.2% indicates below-average shareholder returns relative to equity base
  • ! Net income growth stalled at 0% YoY despite 19.7% revenue growth, signaling margin compression and rising expenses
  • ! Limited insider activity with only 9 Form 4 filings in 90 days suggests minimal confidence signals from management
ChatGPT
  • ! Net income was flat year over year, suggesting margin pressure or higher funding and credit costs
  • ! Interest coverage of 1.4x indicates limited earnings cushion against higher interest expense
  • ! Bank fundamentals remain exposed to credit quality deterioration and deposit/funding pressure

Key Metrics to Watch

Claude
  • * Net interest margin trends and deposit funding costs in rising rate environment
  • * Operating expense ratio relative to revenue to assess if margin compression is reversible
  • * Loan loss provisions and credit quality metrics as leading indicators of asset performance
  • * Capital ratio maintenance and dividend sustainability given weak interest coverage
  • * Free cash flow conversion rate and capital allocation decisions
ChatGPT
  • * Net interest margin and provision for credit losses
  • * Deposit mix, funding costs, and tangible equity trends

Farmers National Banc Corp. /Oh/ (FMNB) Financial Metrics & Key Ratios

Revenue
$279.9M
Net Income
$54.6M
EPS (Diluted)
$1.45
Free Cash Flow
$52.2M
Total Assets
$5.2B
Cash Position
$26.6M

💡 AI Analyst Insight

The current ratio below 1.0x warrants monitoring of short-term liquidity.

FMNB Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin 23.2%
Net Margin 19.5%
ROE 11.2%
ROA 1.0%
FCF Margin 18.6%

FMNB vs Finance Sector: How Farmers National Banc Corp. /Oh/ Compares

How Farmers National Banc Corp. /Oh/ compares to Finance sector averages

Net Margin
FMNB 19.5%
vs
Sector Avg 25.0%
FMNB Sector
ROE
FMNB 11.2%
vs
Sector Avg 12.0%
FMNB Sector
Current Ratio
FMNB 0.0x
vs
Sector Avg 1.2x
FMNB Sector
Debt/Equity
FMNB 0.2x
vs
Sector Avg 2.0x
FMNB Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Farmers National Banc Corp. /Oh/ Stock Overvalued? FMNB Valuation Analysis 2026

Based on fundamental analysis, Farmers National Banc Corp. /Oh/ has mixed fundamental signals relative to the Finance sector in 2026.

Return on Equity
11.2%
Sector avg: 12%
Net Profit Margin
19.5%
Sector avg: 25%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.18x
Sector avg: 2x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Farmers National Banc Corp. /Oh/ Balance Sheet: FMNB Debt, Cash & Liquidity

Current Ratio
N/A
Quick Ratio
N/A
Debt/Equity
0.18x
Debt/Assets
90.7%
Interest Coverage
1.35x
Long-term Debt
$86.7M

FMNB Revenue & Earnings Growth: 5-Year Financial Trend

FMNB 5-year financial data: Year 2024: Revenue $269.4M, Net Income $60.6M, EPS $1.79. Year 2025: Revenue $279.9M, Net Income $49.9M, EPS $1.33.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Farmers National Banc Corp. /Oh/'s revenue has shown modest growth of 4% over the 5-year period. The most recent EPS of $1.33 reflects profitable operations.

FMNB Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
18.6%
Free cash flow / Revenue

FMNB Quarterly Earnings & Performance

Quarterly financial performance data for Farmers National Banc Corp. /Oh/ including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $70.3M $8.5M $0.23
Q2 2025 $66.5M $11.2M $0.31
Q1 2025 $63.4M $11.2M $0.30

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Farmers National Banc Corp. /Oh/ Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$60.0M
Cash generated from operations
Capital Expenditures
$7.9M
Investment in assets
Dividends Paid
$25.5M
Returned to shareholders

FMNB SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Farmers National Banc Corp. /Oh/ (CIK: 0000709337)

📋 Recent SEC Filings

Date Form Document Action
Mar 30, 2026 4 xslF345X06/rdgdoc.xml View →
Mar 27, 2026 4 xslF345X06/rdgdoc.xml View →
Mar 19, 2026 4 xslF345X06/rdgdoc.xml View →
Mar 17, 2026 10-K/A fmnb20251231_10ka.htm View →
Mar 17, 2026 8-K fmnb20260316_8k.htm View →

Frequently Asked Questions about FMNB

What is the AI rating for FMNB?

Farmers National Banc Corp. /Oh/ (FMNB) has a Combined AI Rating of BUY from Claude (BUY) and ChatGPT (BUY) with 72% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are FMNB's key strengths?

Claude: Strong revenue growth of 19.7% YoY indicating expanding business operations. Healthy net margin of 19.5% and operating margin of 23.2% showing efficient cost management. ChatGPT: Revenue grew 19.7% year over year while maintaining a solid 23.2% operating margin. Profitability is sound for a regional bank, with 19.5% net margin, 11.2% ROE, and 1.0% ROA.

What are the risks of investing in FMNB?

Claude: Critically weak interest coverage ratio of 1.4x indicates limited debt servicing capacity and vulnerability to rate changes. Low ROA of 1.0% suggests inefficient asset utilization typical of compressed banking margins. ChatGPT: Net income was flat year over year, suggesting margin pressure or higher funding and credit costs. Interest coverage of 1.4x indicates limited earnings cushion against higher interest expense.

What is FMNB's revenue and growth?

Farmers National Banc Corp. /Oh/ reported revenue of $279.9M.

Does FMNB pay dividends?

Farmers National Banc Corp. /Oh/ pays dividends, with $25.5M distributed to shareholders in the trailing twelve months.

Where can I find FMNB SEC filings?

Official SEC filings for Farmers National Banc Corp. /Oh/ (CIK: 0000709337) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is FMNB's EPS?

Farmers National Banc Corp. /Oh/ has a diluted EPS of $1.45.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is FMNB a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Farmers National Banc Corp. /Oh/ has a BUY rating with 72% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.

Is FMNB stock overvalued or undervalued?

Valuation metrics for FMNB: ROE of 11.2% (sector avg: 12%), net margin of 19.5% (sector avg: 25%). Compare these metrics with sector averages to assess valuation.

Should I buy FMNB stock in 2026?

Our dual AI analysis gives Farmers National Banc Corp. /Oh/ a combined BUY rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is FMNB's free cash flow?

Farmers National Banc Corp. /Oh/'s operating cash flow is $60.0M, with capital expenditures of $7.9M. FCF margin is 18.6%.

How does FMNB compare to other Finance stocks?

Vs Finance sector averages: Net margin 19.5% (avg: 25%), ROE 11.2% (avg: 12%), current ratio N/A (avg: 1.2).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Mar 25, 2026 | Data as of: 2025-12-31 | Powered by Claude AI