Net interest margin surged to 3.44% from 2.91% a year ago after the Middlefield acquisition, helping Farmers National crush Q2 earnings by nearly 10% while credit quality improved sharply with non-performing loans plunging 25.4%.
Farmers National Bancorp :
FMNB
FMNB
Stock Data
$16.31
$0.07 (0.43%)
Asset Type
Common Stock
Exchange
NASDAQ
Currency
USD
Country
USA
Sector
FINANCIAL SERVICES
Industry
BANKS - REGIONAL
Farmers National Banc Corp, founded in 1887 and based in Canfield, Ohio, is a comprehensive financial services provider. It offers a wide range of banking services including checking, savings, and deposit accounts, alongside commercial, mortgage, and home equity loans. Beyond banking, it extends into trust, retirement consulting, insurance, and financial management. The company also specializes in personal and corporate trust services, property and casualty insurance, and invests in municipal securities, catering to both individual and corporate clients.
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