Farmers Bank Group Stock Overview and Financial Insights

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As you consider investing in Farmers Bank Group stock, it's essential to understand the company's financial performance and stability. The bank has consistently reported strong earnings, with net income increasing by 15% in 2022.

Farmers Bank Group has a solid asset base, with total assets valued at $4.3 billion. This significant asset base provides a foundation for the bank's growth and stability.

The bank's return on equity (ROE) is also noteworthy, with a 2022 ROE of 12.1%. This indicates that the bank is generating strong profits from its equity, which is a key indicator of financial health.

Farmers Bank Group's strong financial performance and stability make it an attractive investment opportunity for those looking to diversify their portfolios.

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Financials

In 2023, Farmers National Banc's revenue was a healthy $170.49 million, marking a 7.32% increase from the previous year.

The company's financial performance has been steadily improving, with a notable decrease in earnings of -17.60% in 2023 compared to the previous year.

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Farmers National Banc Corp. reported net income of $13.4 million for the fourth quarter of 2022, a significant decrease from previous quarters.

Here are some key statistics about the company's financial performance:

The company's sales have been increasing steadily over the years, with a notable jump of 43.42% in 2023 compared to the previous year.

Farmers National Banc Corp.'s operating income was $64.17 million in 2023, a decrease of -6.36% from the previous year.

The company's income before tax was $58.70 million in 2023, a decrease of -19.41% from the previous year.

Farmers National Banc Corp.'s income after tax was $49.93 million in 2023, a decrease of -17.60% from the previous year.

Additional reading: Countrywide Financial Corp

Stock Performance

Farmers Bank Group stock has experienced some significant fluctuations in its share price over the past few years. The current share price is $13.45.

The 52-week high was $16.32, while the 52-week low was $11.55. This indicates a relatively stable range, but with some volatility.

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In the past 1 month, the stock price has decreased by 3.93%, and over the past 3 months, it has dropped by 2.96%. This suggests a slight downward trend in the short term.

Here's a summary of the stock's performance over different time periods:

The stock's beta is 0.88, indicating a relatively stable stock with lower volatility compared to the overall market.

Price History & Performance

The current share price of Farmers National Banc is $13.45, which is a significant drop from its 52-week high of $16.32.

The company's stock has experienced some volatility, with a 1-month change of -3.93% and a 3-month change of -2.96%. This is a relatively minor fluctuation compared to the 1-year change of -5.28%.

Over the past 5 years, the company's stock has seen a decline of -16.04%. However, it's worth noting that the stock has still seen an impressive increase of 218.53% since its IPO.

Here's a breakdown of the company's performance over the past few years:

The company's beta is 0.88, which indicates a relatively stable stock. This is further supported by the fact that the company's weekly volatility has been stable over the past year, at around 6%.

GF Value Rank

Credit: youtube.com, Difference Between GF Value and Valuation Rank

The GF Value Rank is a key metric to consider when evaluating a stock's performance. It's essentially a measure of how undervalued or overvalued a stock is compared to its intrinsic value.

The GF Value Rank for Farmers National Banc (FMNB) shows that it's trading at a relatively low price-to-GF-value ratio of 0.98, indicating that it may be undervalued. This is a positive sign for investors looking to buy low.

FMNB's GF Value Rank also reveals a low price-to-projected free cash flow ratio of 0.58, suggesting that the stock may be a good value. This is especially true when compared to its forward PE ratio of 9.36, which is relatively low.

Here's a breakdown of FMNB's GF Value Rank:

These metrics suggest that FMNB may be a good value for investors, and its GF Value Rank is a key factor to consider when evaluating its stock performance.

Stock Overview

Farmers National Banc's revenue was $170.49 million in 2023, a 7.32% increase from the previous year.

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Their earnings were $49.93 million, but this was a decrease of 17.60% compared to the previous year.

The company operates as a bank holding company for The Farmers National Bank of Canfield, engaging in banking, trust, retirement consulting, insurance, and financial management businesses.

Farmers National Banc's current share price is $13.45, which is a significant drop from its 52-week high of $16.32.

Their 52-week low was $11.55, and they've experienced a 1-month change of -3.93% and a 3-month change of -2.96%.

Their 1-year change is -5.28%, and their 3-year change is -22.92%.

Here's a breakdown of their recent changes:

FMNB's fundamental analysis shows a Snowflake Score of 5/6 for Valuation, 1/6 for Future Growth, 2/6 for Past Performance, 6/6 for Financial Health, and 6/6 for Dividends.

Competitors

The competition in the stock market can be fierce. Companies like Apple and Amazon have consistently outperformed their peers, with Apple's stock price increasing by 50% in the past year alone.

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Amazon's strong e-commerce platform and growing cloud computing business have been major contributors to its success.

Apple's innovative products and loyal customer base have also helped it maintain a strong market presence.

However, other companies like Microsoft and Alphabet (Google's parent company) are also making significant strides in the tech industry.

Frequently Asked Questions

How big is Farmers National Bank?

Farmers National Bank has over $5.0 billion in banking assets. It's a significant financial institution with a long history dating back to 1887.

How many branches does Farmers National Bank have in Ohio?

Farmers National Bank has 64 banking locations in Ohio, with a presence in Pennsylvania as well. The majority of these locations are in Ohio, serving customers across the state.

Krystal Bogisich

Lead Writer

Krystal Bogisich is a seasoned writer with a passion for crafting informative and engaging content. With a keen eye for detail and a knack for storytelling, she has established herself as a versatile writer capable of tackling a wide range of topics. Her expertise spans multiple industries, including finance, where she has developed a particular interest in actuarial careers.

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