Farmers National Banc Corp. (FMNB) to Issue Quarterly Dividend of $0.17 on September 30th

Farmers National Banc Corp. (NASDAQ:FMNB) declared a quarterly dividend on Tuesday, August 26th, RTT News reports. Investors of record on Friday, September 12th will be given a dividend of 0.17 per share by the bank on Tuesday, September 30th. This represents a c) dividend on an annualized basis and a yield of 4.6%. The ex-dividend date is Friday, September 12th.

Farmers National Banc has a dividend payout ratio of 43.0% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Farmers National Banc to earn $1.55 per share next year, which means the company should continue to be able to cover its $0.68 annual dividend with an expected future payout ratio of 43.9%.

Farmers National Banc Stock Down 1.3%

Farmers National Banc stock opened at $14.88 on Wednesday. The firm has a market cap of $560.23 million, a price-to-earnings ratio of 11.10 and a beta of 0.85. The stock has a fifty day simple moving average of $14.25 and a two-hundred day simple moving average of $13.56. Farmers National Banc has a 12 month low of $11.58 and a 12 month high of $16.29. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 0.20.

Farmers National Banc (NASDAQ:FMNB) last posted its earnings results on Wednesday, July 23rd. The bank reported $0.37 EPS for the quarter, hitting analysts’ consensus estimates of $0.37. The business had revenue of $47.04 million during the quarter, compared to analyst estimates of $46.55 million. Farmers National Banc had a return on equity of 12.02% and a net margin of 18.19%. Equities analysts predict that Farmers National Banc will post 1.45 EPS for the current fiscal year.

Farmers National Banc Company Profile

Farmers National Banc Corp. operates as a bank holding company for The Farmers National Bank of Canfield engages in the banking, trust, retirement consulting, insurance, and financial management businesses. 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, brokerage, and other services.