Farmers National Banc stock reports USD 0.41 Q2 EPS gains

Published on 10/05/2026 at 21:09 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Farmers National Banc stock traded at USD 15.35 on October 5, 2026, after second-quarter diluted EPS reached USD 0.41. Net income rose to USD 23.0 million and the net interest margin widened.

FMNB, US3096271073, Illustration mit AI erstellt.

Farmers National Banc stock (ISIN US3096271073) was trading at USD 15.35 on Nasdaq on October 5, 2026, with the session range at USD 15.19 to USD 15.36. The bank's second-quarter results showed diluted EPS of USD 0.41, up from USD 0.37 a year earlier, according to StockTitan in its July 22, 2026 filing summary.

Profit grows after Middlefield deal

Farmers National Banc reported second-quarter net income of USD 23.0 million, compared with USD 13.9 million in the same quarter of 2025. Adjusted net income reached USD 24.4 million, or USD 0.41 per diluted share, after USD 1.7 million of acquisition and core conversion costs, StockTitan reported.

The March 2026 acquisition of Middlefield Banc helped lift net interest income to USD 56.0 million from USD 34.9 million. Net interest margin also expanded to 3.44 percent from 2.91 percent, while noninterest expense reached USD 40.9 million as integration and system conversion costs continued.

Analysts see limited upside

Consensus data from MarketBeat show a Hold rating based on three analysts, with one Buy and two Hold ratings. The average, high and low price target are all USD 16.00, putting the target USD 0.65 above the October 5 price, or 4.2 percent above it.

The latest operating figures therefore carry two opposing signals for investors: earnings expanded sharply, while the valuation gap to the consensus target remains narrow. Farmers National Banc also reported nonperforming loans of USD 44.6 million, equal to 0.93 percent of total loans, in the second-quarter filing summary.

Leadership date adds a checkpoint

A separate filing dated September 18, 2026, stated that Chief Operating Officer Myke Matuszak will leave the company effective October 15, 2026, according to the SEC. The change comes as Farmers integrates Middlefield and manages a larger balance sheet.

FMNB stays below yearly high

FMNB was trading at USD 15.35 on Nasdaq at 3:08 p.m. ET on October 5, 2026, up USD 0.01, or 0.10 percent, from the prior close. Its 52-week range was USD 12.12 to USD 16.46, and its market capitalization was USD 682.8 million.