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FARMERS NATIONAL BANC CORP /OH/ FMNB

Nasdaq · stock · State Commercial Banks · website · IPO 1994-03-09

FARMERS NATIONAL BANC CORP /OH/ statistics & valuation

Market cap$874.6M
P / E16.0×
P / S3.1×
P / B1.8×
P / FCF16.8×
Dividend yield2.91%
Net margin19.5%
Return on equity11.2%
FCF margin18.6%
Net debt$86.7M
Enterprise value USD$961.3M
Graham number +27%$20.51

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($20.51); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
32.50% 19.60% 17.10% 19.50% 2016201720182019202020212022202320242025
Gross margin (%)
2016201720182019202020212022202320242025
Operating margin (%)
2016201720182019202020212022202320242025
Return on equity (%)
9.60% 9.40% 12.40% 11.90% 12.00% 11.00% 20.70% 12.30% 11.30% 11.20% 2016201720182019202020212022202320242025
Shares outstanding
27.2M 27.6M 28.0M 27.9M 28.4M 33.9M 34.1M 37.5M 37.6M 37.7M 2016201720182019202020212022202320242025
Net debt ($)
$15.0M $7.0M $6.0M $45.1M $76.4M $87.8M $88.2M $88.7M $86.2M $86.7M 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
1.00% 1.10% 1.40% 1.50% 1.40% 1.30% 1.50% 1.00% 0.90% 1.00% 2016201720182019202020212022202320242025
Free cash flow margin (%)
42.40% 23.10% 20.40% 18.60% 2016201720182019202020212022202320242025
Debt / equity (×)
0.07× 0.03× 0.02× 0.15× 0.22× 0.19× 0.30× 0.22× 0.21× 0.18× 2016201720182019202020212022202320242025
EPS ($)
$0.76 $0.82 $1.16 $1.28 $1.47 $1.77 $1.79 $1.33 $1.22 $1.45 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

FARMERS NATIONAL BANC CORP /OH/ trades at about 11.1× earnings — near its 10-year norm (10-year range 8×–17.8×, median 11.2×).

8× 17.8×

Shaded band = 10-year range (8×–17.8×); dot = today's 11.1×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Net margin19.5%17.1%19.6%32.5%——————
FCF margin18.6%20.4%23.1%42.4%——————
Return on assets1.0%0.9%1.0%1.5%1.3%1.4%1.5%1.4%1.1%1.0%
Return on equity11.2%11.3%12.3%20.7%11.0%12.0%11.9%12.4%9.4%9.6%
Debt / equity0.18×0.21×0.22×0.30×0.19×0.22×0.15×0.02×0.03×0.07×

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.