Is FMNB a good stock to buy right now?

Based on our 6-factor quantitative model, FARMERS NATIONAL BANC CORP /OH/ (FMNB) receives a "Hold" rating with a composite score of 52.0/100. It is ranked #493 out of 4,446 stocks. Key factor scores: Quality 57/100, Value 67/100, Momentum 40/100. The timing signal is "Neutral". This is quantitative analysis only — not investment advice.

What is the stock rating for FMNB?

FARMERS NATIONAL BANC CORP /OH/ (FMNB) has a "Hold" rating and 3-star score. The composite score of 52.0 ranks it #493 among 4,446 U.S. stocks. Ratings are updated weekly using academically-proven factor models.

What sector is FMNB in?

FARMERS NATIONAL BANC CORP /OH/ operates in the Financials sector (Banking industry) with a market cap of $791 million. It is classified as a small-cap stock.

Does FMNB pay a dividend?

Yes, FMNB pays a dividend with a current yield of 4.72%. The Financials sector average yield is 2.48%. For every $1,000 invested, you would receive approximately $47.20 in annual dividend income.

What is FMNB's P/E ratio?

FMNB has a trailing P/E ratio of 16.53x. The Financials sector average is 14.9x. This P/E is in a moderate range relative to the broader market.

How profitable is FMNB?

FMNB's quality factor score is 57/100. Gross margin: 0.0%. ROE: 10.0% vs sector average 8.5%. Margins are moderate to low, reflecting competitive market dynamics.

How is FMNB valued compared to peers?

FMNB's value factor score is 67/100 (higher = cheaper). Key multiples: P/E 16.5x, EV/EBITDA 15.1x. The stock appears attractively valued versus peers.

What is FMNB's debt level?

FMNB's debt-to-equity ratio is 18%. Sector average: 121%. Low leverage suggests conservative financial management.

FMNB has a beta of 0.62, meaning it is less volatile than the market. Stability score: 84/100.

Does FMNB have high short interest?

FMNB's short interest factor score is 40/100 (higher = less short selling). Elevated short interest may indicate bearish sentiment or short squeeze potential.

FMNB Stock Analysis: Top Small-Cap Hold (Score 52.0/100) | Blank Capital Research

Data Series	1D	5D	1M	YTD	1Y	3Y	5Y	10Y
FMNB	-0.36%	+3.58%	+11.39%	+4.28%	+15.94%	-	-	-
Industry Proxy XLF	-1.09%	+2.50%	+1.42%	-7.30%	+10.59%	-	-	-
U.S. Market SPY	-0.07%	+3.60%	+0.34%	-0.36%	+29.52%	-	-	-
Alpha vs Market	-0.29%	-0.02%	+11.05%	+4.64%	-13.58%	-	-	-
Alpha vs Sector	+0.73%	+1.08%	+9.97%	+11.58%	+5.36%	-	-	-

Metric	FMNB	Benchmark
P/E Ratio	16.5x	+11%
EV/EBITDA	15.1x	+362%
Price / Book	1.6x

Stock Entity	Score▼	Quality	Value	Momentum	P/E Ratio	ROE	Gross Margin	Net Margin	Rev Growth	D/E Ratio	Market Cap	Compare
WTM WHITE MOUNTAINS INSURANCE GROUP LTD	63	80	79	54	8.9x	10.1%	96.3%	20.1%	1.6%	14.0x	$5.4B	VS
OPY OPPENHEIMER HOLDINGS INC	63	68	79	63	10.4x	9.9%	0.0%	6.5%	37.5%	273.0x	$959M	VS
ACT Enact Holdings, Inc.	62	81	76	52	8.7x	12.7%	88.5%	55.0%	4.2%	14.0x	$5.7B	VS
IGIC International General Insurance Holdings Ltd.	61	74	93	50	8.6x	82.6%	59.9%	25.1%	-	0.0x	$1.1B	VS
PKBK PARKE BANCORP, INC.	60	60	77	65	9.8x	10.5%	-	24.8%	20.9%	593.0x	$335M	VS
SSSS SURO CAPITAL CORP.	60	89	33	65	4.7x	30.9%	0.0%	-752.0%	-48.3%	34.0x	$290M	VS
CB Chubb Ltd	59	67	71	52	12.8x	12.5%	0.0%	16.6%	15.6%	20.0x	$128.0B	VS
RRBI RED RIVER BANCSHARES INC	59	59	69	68	15.0x	11.0%	0.0%	27.5%	13.3%	818.0x	$607M	VS
UFCS UNITED FIRE GROUP INC	59	64	78	58	9.8x	10.6%	100.0%	7.3%	17.5%	308.0x	$936M	VS
SPFI SOUTH PLAINS FINANCIAL, INC.	58	59	73	55	12.8x	11.0%	0.0%	21.7%	9.0%	807.0x	$690M	VS
FMNB FARMERS NATIONAL BANC CORP /OH/	52	57	67	40	16.5x	10.0%	0.0%	18.1%	24.5%	18.0x	$791M

Key Ratio	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
Gross Margin %	0.0%	-	-	-	-	-	0.7%	0.7%	0.8%	0.8%	0.7%
Operating Margin %	0.2%	0.2%	0.2%	0.3%	0.5%	0.5%	0.3%	0.3%	0.2%	0.2%	0.3%
EBITDA Margin %	0.2%	0.2%	0.2%	0.3%	0.5%	0.6%	0.4%	0.4%	0.4%	0.4%	0.4%
Net Margin %	0.2%	0.2%	0.2%	0.2%	0.4%	0.4%	0.3%	0.3%	0.3%	0.2%	0.2%
FCF Margin %	13.4%	-	-	-	-	-	34.3%	33.6%	36.8%	30.3%	25.9%
ROE %	0.1%	0.1%	0.1%	0.1%	0.2%	0.1%	0.1%	0.1%	0.1%	0.1%	0.1%
ROA %	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
ROIC %	0.1%	9.0%	8.9%	9.4%	15.1%	8.8%	16.4%	6.4%	4.4%	4.0%	4.8%

Key Ratio

TTM

2025

2024

2023

2022

2021

2020

2019

2018

2017

2016

Gross Margin %

0.0%

0.7%

0.8%

0.7%

Operating Margin %

0.2%

0.3%

0.5%

0.3%

0.2%

0.3%

EBITDA Margin %

0.2%

0.3%

0.5%

0.6%

0.4%

Net Margin %

0.2%

0.4%

0.3%

0.2%

FCF Margin %

13.4%

34.3%

33.6%

36.8%

30.3%

25.9%

ROE %

0.1%

0.2%

0.1%

ROA %

0.0%

ROIC %

0.1%

9.0%

8.9%

9.4%

15.1%

8.8%

16.4%

6.4%

4.4%

4.0%

4.8%

Line Item	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
	$266M	$280M	$269M	$213M	$142M	$116M	$132M	$111M	$104M	$98M	$91M	$68M
	—	—	—	—	—	—	$96M	$82M	$79M	$74M	$68M	$50M
Gross Margin	0.0%	---	---	---	---	---	72.7%	74.2%	75.5%	75.4%	74.6%	73.1%
	—	—	—	$7M	$5M	$4M	$5M	$5M	$6M	$5M	$6M	$5M
Total Operating Expenses	—	$215M	$214M	$155M	$69M	$54M	—	—	—	—	—	—
	$57M	$65M	$55M	$59M	$73M	$62M	$36M	$29M	$25M	$24M	$23M	$18M
EBIT	$57M	$65M	$55M	$59M	$73M	$62M	$36M	$29M	$25M	$24M	$23M	$18M
EBITDA	$59M	$65M	$55M	$66M	$78M	$66M	$56M	$49M	$44M	$38M	$34M	$16M
Operating Margin	21.4%	23.2%	20.6%	27.5%	51.3%	53.3%	27.3%	25.8%	24.5%	24.6%	25.4%	26.9%
EBITDA Margin	22.1%	23.2%	20.6%	30.9%	54.7%	56.4%	42.1%	43.7%	42.4%	39.0%	37.1%	22.9%
	—	—	—	$76M	$18M	$8M	$16M	$20M	$13M	$7M	$4M	$4M
	—	$65M	$55M	$59M	$73M	$62M	—	—	—	—	—	—
Income Tax Expense	—	$10M	$9M	$9M	$12M	$10M	$8M	$7M	$6M	$10M	$7M	$2M
	$48M	$55M	$46M	$50M	$61M	$52M	$42M	$36M	$33M	$23M	$21M	$8M
Net Margin	18.1%	19.5%	17.1%	23.4%	42.6%	44.5%	31.6%	32.4%	31.3%	23.3%	22.5%	11.8%
	$1.46	$1.46	$1.23	$1.34	$1.79	$1.78	$1.48	$1.29	$1.18	$0.82	$0.76	$0.36
Diluted EPS	$1.46	$1.45	$1.22	$1.33	$1.79	$1.77	$1.48	$1.29	$1.18	$0.82	$0.76	$0.36
Weighted Avg Basic	—	37M	37M	37M	34M	29M	—	—	—	—	—	—
Weighted Avg Diluted	—	38M	38M	37M	34M	29M	—	—	—	—	—	—

Line Item

TTM

2025

2024

2023

2022

2021

2020

2019

2018

2017

2016

2015

$266M

$280M

$269M

$213M

$142M

$116M

$132M

$111M

$104M

$98M

$91M

$68M

—

$96M

$82M

$79M

$74M

$68M

$50M

Gross Margin

0.0%

---

72.7%

74.2%

75.5%

75.4%

74.6%

73.1%

—

$7M

$5M

$4M

$5M

$6M

$5M

$6M

$5M

Total Operating Expenses

—

$215M

$214M

$155M

$69M

$54M

—

$57M

$65M

$55M

$59M

$73M

$62M

$36M

$29M

$25M

$24M

$23M

$18M

EBIT

$57M

$65M

$55M

$59M

$73M

$62M

$36M

$29M

$25M

$24M

$23M

$18M

EBITDA

$59M

$65M

$55M

$66M

$78M

$66M

$56M

$49M

$44M

$38M

$34M

$16M

Operating Margin

21.4%

23.2%

20.6%

27.5%

51.3%

53.3%

27.3%

25.8%

24.5%

24.6%

25.4%

26.9%

EBITDA Margin

22.1%

23.2%

20.6%

30.9%

54.7%

56.4%

42.1%

43.7%

42.4%

39.0%

37.1%

22.9%

—

$76M

$18M

$8M

$16M

$20M

$13M

$7M

$4M

—

$65M

$55M

$59M

$73M

$62M

—

Income Tax Expense

—

$10M

$9M

$12M

$10M

$8M

$7M

$6M

$10M

$7M

$2M

$48M

$55M

$46M

$50M

$61M

$52M

$42M

$36M

$33M

$23M

$21M

$8M

Net Margin

18.1%

19.5%

17.1%

23.4%

42.6%

44.5%

31.6%

32.4%

31.3%

23.3%

22.5%

11.8%

$1.46

$1.23

$1.34

$1.79

$1.78

$1.48

$1.29

$1.18

$0.82

$0.76

$0.36

Diluted EPS

$1.46

$1.45

$1.22

$1.33

$1.79

$1.77

$1.48

$1.29

$1.18

$0.82

$0.76

$0.36

Weighted Avg Basic

—

37M

34M

29M

—

Weighted Avg Diluted

—

38M

37M

34M

29M

—

FARMERS NATIONAL BANC CORP /OH/ (FMNB) Stock Analysis — April 2026 Rating, Price, and Forecast

Last updated: April 2026

Company Overview — What Does FARMERS NATIONAL BANC CORP /OH/ Do?

Farmers National Banc Corp., a financial holding company, operates in the banking, trust, retirement consulting, insurance, and financial management industries. It offers commercial and retail banking services, including checking, savings, and time deposit accounts; commercial, mortgage and installment, and home equity loans; home equity lines of credit, night depository, safe deposit box, money order, bank check, automated teller machine, Internet banking, travel card, E bond transaction, MasterCard and Visa credit cards, brokerage, and other services. The company also provides personal and corporate trust services in the areas of estate settlement, trust administration, and employee benefit plans; retirement services; property and casualty insurance products and services; and various insurance products through licensed representatives, as well as invests in municipal securities. It operates through 47 locations in northeastern region of Ohio and one location in southwestern Pennsylvania. The company was founded in 1887 and is based in Canfield, Ohio. FARMERS NATIONAL BANC CORP /OH/ (FMNB) is classified as a small-cap stock in the Financials sector, specifically within the Banking industry. The company is led by CEO Kevin J. Helmick and employs approximately 550 people, headquartered in CANFIELD, Ohio. With a market capitalization of $791M, FMNB is one of the notable companies in the Financials sector.

FARMERS NATIONAL BANC CORP /OH/ (FMNB) Stock Rating — Hold (April 2026)

As of April 2026, FARMERS NATIONAL BANC CORP /OH/ receives a Hold rating with a composite score of 52.0/100 and 3 out of 5 stars from the Blank Capital Research quantitative model.FMNB ranks #493 out of 4,446 stocks in our coverage universe. Within the Financials sector, FARMERS NATIONAL BANC CORP /OH/ ranks #158 of 891 stocks, placing it in the top quartile of its Financials peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).

FMNB Stock Price and 52-Week Range

FARMERS NATIONAL BANC CORP /OH/ (FMNB) currently trades at $13.84. The stock lost $0.10 (0.8%) in the most recent trading session. The 52-week high for FMNB is $15.50, which means the stock is currently trading -10.7% from its annual peak. The 52-week low is $11.58, putting the stock 19.4% above its annual trough. Recent trading volume was 78K shares, suggesting relatively thin trading activity.

Is FMNB Overvalued or Undervalued? — Valuation Analysis

FARMERS NATIONAL BANC CORP /OH/ (FMNB) carries a value factor score of 67/100 in the Blank Capital model, indicating fair valuation relative to historical norms. The trailing price-to-earnings ratio is 16.53x, compared to the Financials sector average of 14.88x — a premium of 11%. The price-to-book ratio stands at 1.65x, versus the sector average of 1.22x. The price-to-sales ratio is 3.01x, compared to 0.90x for the average Financials stock. On an enterprise value basis, FMNB trades at 15.07x EV/EBITDA, versus 3.26x for the sector.

Overall, FMNB's valuation appears roughly in line with sector benchmarks, suggesting the market is pricing the stock fairly given its current fundamentals and growth trajectory. Neither deep value nor significantly overpriced, the stock occupies a middle ground on valuation.

FARMERS NATIONAL BANC CORP /OH/ Profitability — ROE, Margins, and Quality Score

FARMERS NATIONAL BANC CORP /OH/ (FMNB) earns a quality factor score of 57/100, indicating solid business quality with consistent operational execution. The return on equity (ROE) is 10.0%, compared to the Financials sector average of 8.5%, which is below typical expectations for high-quality companies. Return on assets (ROA) comes in at 0.9% versus the sector average of 1.2%.

On a margin basis, FARMERS NATIONAL BANC CORP /OH/ reports gross margins of 0.0%. The operating margin is 21.4% (sector: 21.8%). Net profit margin stands at 18.1%, versus 17.7% for the average Financials stock. Revenue growth is running at 24.5% on a trailing basis, compared to 9.4% for the sector. The overall profitability profile is adequate, though there may be room for margin expansion.

FMNB Debt, Balance Sheet, and Financial Health

FARMERS NATIONAL BANC CORP /OH/ has a debt-to-equity ratio of 18.0%, compared to the Financials sector average of 121.0%. The low leverage indicates a conservative balance sheet with significant financial flexibility. The current ratio is 1.10x, suggesting adequate working capital coverage. Total debt on the balance sheet is $87M. Cash and equivalents stand at $24M.

FMNB has a beta of 0.62, meaning it is less volatile than the S&P 500, making it a relatively defensive holding. The stability factor score for FARMERS NATIONAL BANC CORP /OH/ is 84/100, indicating low-volatility characteristics and consistent price behavior that appeals to risk-averse investors.

FARMERS NATIONAL BANC CORP /OH/ Revenue and Earnings History — Quarterly Trend

In TTM 2026, FARMERS NATIONAL BANC CORP /OH/ reported revenue of $266M and earnings per share (EPS) of $1.46. Net income for the quarter was $48M. Gross margin was 0.0%. Operating income came in at $57M.

In FY 2025, FARMERS NATIONAL BANC CORP /OH/ reported revenue of $280M and earnings per share (EPS) of $1.46. Net income for the quarter was $55M. Revenue grew 3.9% year-over-year compared to FY 2024. Operating income came in at $65M.

In Q3 2025, FARMERS NATIONAL BANC CORP /OH/ reported revenue of $71M and earnings per share (EPS) of $0.33. Net income for the quarter was $12M. Revenue grew 22.2% year-over-year compared to Q3 2024. Operating income came in at $15M.

In Q2 2025, FARMERS NATIONAL BANC CORP /OH/ reported revenue of $70M and earnings per share (EPS) of $0.37. Net income for the quarter was $14M. Revenue grew 22.8% year-over-year compared to Q2 2024. Operating income came in at $16M.

Over the past 8 quarters, FARMERS NATIONAL BANC CORP /OH/ has demonstrated a growth trajectory, with revenue expanding from $57M to $266M. Investors analyzing FMNB stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.

FMNB Dividend Yield and Income Analysis

FARMERS NATIONAL BANC CORP /OH/ (FMNB) currently pays a dividend yield of 4.7%. At this yield, a $10,000 investment in FMNB stock would generate approximately $$472.00 in annual dividend income. This compares to the Financials sector average dividend yield of 2.5%, meaning FMNB offers above-average income for its sector. With a net margin of 18.1%, the dividend appears well-covered by earnings, suggesting sustainable payouts going forward.

FMNB Momentum and Technical Analysis Profile

FARMERS NATIONAL BANC CORP /OH/ (FMNB) has a momentum factor score of 40/100, reflecting neutral trend characteristics. The stock is neither significantly outperforming nor underperforming the broader market on a momentum basis. The investment factor score is 25/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 40/100 reflects moderate short selling activity.

FMNB vs Competitors — Financials Sector Ranking and Peer Comparison

Within the Financials sector, FARMERS NATIONAL BANC CORP /OH/ (FMNB) ranks #158 out of 891 stocks based on the Blank Capital composite score. This places FMNB in the top quartile of all Financials stocks in our coverage universe. Key competitors and sector peers include WHITE MOUNTAINS INSURANCE GROUP LTD (WTM) with a score of 62.9/100, OPPENHEIMER HOLDINGS INC (OPY) with a score of 62.6/100, Enact Holdings, Inc. (ACT) with a score of 61.6/100, International General Insurance Holdings Ltd. (IGIC) with a score of 61.3/100, and PARKE BANCORP, INC. (PKBK) with a score of 60.4/100.

Comparing FMNB against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full FMNB vs S&P 500 (SPY) comparison to assess how FARMERS NATIONAL BANC CORP /OH/ stacks up against the broader market across all factor dimensions.

FMNB Next Earnings Date

No upcoming earnings date has been announced for FARMERS NATIONAL BANC CORP /OH/ (FMNB) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.

Should You Buy FMNB? — Investment Thesis Summary

FARMERS NATIONAL BANC CORP /OH/ presents a balanced picture with arguments on both sides. The value score of 67/100 suggests attractive pricing relative to fundamentals. Low volatility (stability score 84/100) reduces downside risk.

In summary, FARMERS NATIONAL BANC CORP /OH/ (FMNB) earns a Hold rating with a composite score of 52.0/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on FMNB stock.

Related Resources for FMNB Investors

Explore more research and tools: FMNB vs S&P 500 comparison, top Financials stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare FMNB head-to-head with peers: FMNB vs WTM, FMNB vs OPY, FMNB vs ACT.

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FARMERS NATIONAL BANC CORP /OH/ (FMNB) Stock Analysis — April 2026 Rating, Price, and Forecast

Company Overview — What Does FARMERS NATIONAL BANC CORP /OH/ Do?

FARMERS NATIONAL BANC CORP /OH/ (FMNB) Stock Rating — Hold (April 2026)

FMNB Stock Price and 52-Week Range

Is FMNB Overvalued or Undervalued? — Valuation Analysis

FARMERS NATIONAL BANC CORP /OH/ Profitability — ROE, Margins, and Quality Score

FMNB Debt, Balance Sheet, and Financial Health

FARMERS NATIONAL BANC CORP /OH/ Revenue and Earnings History — Quarterly Trend

FMNB Dividend Yield and Income Analysis

FMNB Momentum and Technical Analysis Profile

FMNB vs Competitors — Financials Sector Ranking and Peer Comparison

FMNB Next Earnings Date

Should You Buy FMNB? — Investment Thesis Summary

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