Farmers National Banc (FMNB) financial statements
Farmers National Banc reported revenue of $280M in fiscal 2025, up 13.2% a year over 9 years.
Net income was $55M.
Free cash flow was $52M, and the company returned $25M in dividends.
The diluted share count rose 38% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Farmers National Banc's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $91M | $98M | $104M | $110M | $132M | $146M | $186M | $255M | $269M | $280M |
| Interest expense | $4M | $7M | $13M | $20M | $16M | $8M | $18M | $76M | — | — |
| Pre-tax income | $28M | $33M | $38M | $43M | $50M | $62M | $73M | $59M | $55M | $65M |
| Income tax | $7M | $10M | $6M | $7M | $8M | $10M | $12M | $9M | $9M | $10M |
| Net income | $21M | $23M | $33M | $36M | $42M | $52M | $61M | $50M | $46M | $55M |
| EPS (diluted) | $0.76 | $0.82 | $1.16 | $1.28 | $1.47 | $1.77 | $1.79 | $1.33 | $1.22 | $1.45 |
| Diluted shares | 27M | 28M | 28M | 28M | 28M | 29M | 34M | 37M | 38M | 38M |
| Net margin | 22.5% | 23.2% | 31.3% | 32.4% | 31.6% | 35.5% | 32.5% | 19.6% | 17.1% | 19.5% |
Balance sheet
Fiscal years, from Farmers National Banc's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Property, plant and equipment | $23M | $22M | $21M | $24M | $26M | $38M | $31M | $44M | $52M | $57M |
| Goodwill | $37M | $38M | $38M | $38M | $46M | $94M | $95M | $167M | $167M | $167M |
| Total assets | $2.0B | $2.2B | $2.3B | $2.4B | $3.1B | $4.1B | $4.1B | $5.1B | $5.1B | $5.2B |
| Total liabilities | $1.8B | $1.9B | $2.1B | $2.1B | $2.7B | $3.7B | $3.8B | $4.7B | $4.7B | $4.8B |
| Shareholders' equity | $213M | $242M | $262M | $299M | $350M | $472M | $292M | $404M | $406M | $486M |
Cash flow
Fiscal years, from Farmers National Banc's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $24M | $31M | $39M | $39M | $49M | $55M | $82M | $63M | $67M | $60M |
| Capital spending | $788,000 | $956,000 | $450,000 | $1M | $4M | $1M | $3M | $4M | $12M | $8M |
| Free cash flow | $24M | $30M | $38M | $37M | $45M | $54M | $79M | $59M | $55M | $52M |
| Stock-based compensation | $892,000 | $2M | $2M | $1M | $1M | $1M | $2M | $3M | $3M | $2M |
| Dividends paid | $4M | $6M | $8M | $11M | $13M | $14M | $22M | $25M | $25M | $25M |
| Share buybacks (net) | -$168,000 | $0 | $0 | -$3M | -$14M | -$164,000 | $0 | -$12M | $0 | $0 |
| Net borrowing | -$27M | $91M | -$45M | -$168M | -$50M | -$7M | $95M | $185M | -$50M | -$24M |
| Free cash flow margin | 25.9% | 30.3% | 36.8% | 33.8% | 34.3% | 36.6% | 42.4% | 23.1% | 20.4% | 18.6% |
| Dividends per share | $0.16 | $0.22 | $0.30 | $0.38 | $0.45 | $0.48 | $0.65 | $0.68 | $0.68 | $0.68 |
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Open FMNB in InvestinglyQuestions
What was Farmers National Banc's revenue in 2025?
$280M in fiscal 2025, from its 10-K filing.
How much free cash flow does Farmers National Banc generate?
$52M in fiscal 2025 (operating cash flow minus capital spending).
From Farmers National Banc's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.