NASDAQ$FMNB
Farmers National Banc Corp · Q2 2024 earnings
Q2 2024 earnings · · Investor relations
Briefing
Farmers National Banc Corp. reported earnings for the second quarter of 2024, with net income of $11.8 million and earnings per diluted share of $0.31.
Farmers National Banc Corp. reported a net income of $11.8 million, or $0.31 per diluted share, for the second quarter of 2024. The results reflect strong loan growth and sequential improvement in net interest income, with a continued focus on asset quality.
- Earnings per diluted share of $0.31 ($0.33 excluding certain items, non-GAAP) for the second quarter of 2024.
- The company achieved 166 consecutive quarters of profitability.
- Net interest margin saw sequential stabilization and expansion.
- Loan growth reached $56.1 million, or 7.0% annualized, for the second quarter of 2024.
Headline financials
Revenue & EPS history
Farmers National · Revenue · Quarterly
$41.7M
Forward guidance
Farmers National Banc Corp. anticipates total loan growth of approximately 1.5% - 2% in 2024, reflecting the challenging economic and interest rate environment, as well as the Company’s focus on maintaining excellent asset quality.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2024
-0.0%
Avg return
Earnings day
-0.6%
Avg return
5 days after
+1.8%
Avg return
30 days after
50%
33 / 66 earnings
Positive
+8.6%
Q2 2024
Best reaction
-9.3%
Q2 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -0.5% | +3.3% | +3.1% | |
| Q4 2025 | -6.2% | -4.2% | -4.9% | |
| Q3 2025 | -4.7% | -3.7% | -4.6% | |
| Q2 2025 | -1.0% | -2.6% | +1.7% | |
| Q1 2025 | +2.7% | +5.1% | +13.2% | |
| Q4 2024 | +2.6% | +0.1% | +5.7% | |
| Q3 2024 | -7.1% | -5.4% | +5.8% | |
| Q2 2024 | +8.6% | +4.9% | +2.5% | |
| Q1 2024 | -3.7% | -5.1% | -2.1% | |
| Q4 2023 | +3.9% | +4.0% | +0.0% | |
| Q3 2023 | +4.1% | +5.0% | +18.5% | |
| Q2 2023 | -1.4% | -0.6% | -8.7% | |
| Q1 2023 | +3.4% | +8.2% | +10.1% | |
| Q4 2022 | -8.2% | -4.0% | -0.3% | |
| Q3 2022 | -2.5% | -0.1% | +10.4% | |
| Q2 2022 | -9.3% | -8.4% | -7.0% | |
| Q1 2022 | -1.2% | -0.4% | -0.4% | |
| Q4 2021 | -3.8% | -4.5% | -5.1% | |
| Q3 2021 | +4.6% | -0.7% | -1.9% | |
| Q2 2021 | -0.8% | -0.3% | +3.6% | |
| Q1 2021 | +2.2% | +0.0% | +5.7% | |
| Q4 2020 | +3.3% | +3.1% | +3.7% | |
| Q3 2020 | +1.5% | -4.4% | +12.2% | |
| Q2 2020 | -0.5% | -0.3% | +5.3% | |
| Q1 2020 | -3.1% | -13.2% | -5.2% | |
| Q4 2019 | +1.1% | +1.1% | -5.2% | |
| Q3 2019 | -1.0% | -0.5% | +2.2% | |
| Q2 2019 | -0.6% | +0.8% | -7.7% | |
| Q1 2019 | +2.0% | +4.8% | +2.6% | |
| Q4 2018 | +0.2% | +3.7% | +15.1% | |
| Q3 2018 | -0.1% | -4.9% | -3.5% | |
| Q2 2018 | +1.2% | +3.4% | -2.5% | |
| Q1 2018 | +2.4% | +3.8% | +9.3% | |
| Q4 2017 | -2.3% | -8.8% | -8.2% | |
| Q3 2017 | +2.3% | -5.5% | -8.1% | |
| Q2 2017 | -4.7% | -6.8% | -8.8% | |
| Q1 2017 | +3.8% | +6.4% | +2.3% | |
| Q4 2016 | +1.5% | -8.6% | +4.1% | |
| Q3 2016 | +1.0% | +0.9% | +12.3% | |
| Q2 2016 | +2.8% | +9.4% | +7.9% | |
| Q1 2016 | -0.1% | — | — | |
| Q4 2015 | -0.1% | — | — | |
| Q3 2015 | +0.0% | — | — | |
| Q2 2015 | +1.1% | — | — | |
| Q1 2015 | -1.9% | — | — | |
| Q4 2014 | +0.3% | — | — | |
| Q3 2014 | -1.1% | — | — | |
| Q2 2014 | +1.4% | — | — | |
| Q1 2014 | -1.7% | — | — | |
| Q4 2013 | +3.9% | — | — | |
| Q3 2013 | -0.3% | — | — | |
| Q2 2013 | +1.0% | — | — | |
| Q1 2013 | -2.1% | — | — | |
| Q4 2011 | +0.0% | — | — | |
| Q4 2012 | +2.1% | — | — | |
| Q3 2012 | +0.0% | — | — | |
| Q2 2012 | -4.1% | — | — | |
| Q1 2012 | -1.2% | — | — | |
| Q4 2009 | +1.9% | — | — | |
| Q3 2011 | +1.9% | — | — | |
| Q4 2010 | +0.9% | — | — | |
| Q2 2011 | +0.9% | — | — | |
| Q1 2011 | +1.0% | — | — | |
| Q3 2010 | +1.4% | — | — | |
| Q2 2010 | +0.0% | — | — | |
| Q1 2010 | +0.2% | — | — |
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