NASDAQ$FMNB

Farmers National Banc Corp · Q3 2020 earnings

Q3 2020 earnings · · Investor relations

Briefing

Farmers National adapted to changes, opened first Lab Branch prototype, optimized branch network, and provided financial guidance through Wealth Management team during Q3 2020.

Farmers National Bank demonstrated adaptability in Q3 2020 by opening its first Lab Branch, optimizing its branch network, and providing financial guidance through its Wealth Management team amid the ongoing pandemic.

  • Farmers National Bank opened its first Lab Branch prototype, featuring emerging technology and customer service initiatives.
  • The bank optimized its branch network by analyzing customer data and market information, leading to reduced hours and the closure of an underutilized branch.
  • The Wealth Management team provided informed and balanced insight to clients and communities during the economic uncertainty caused by COVID-19.
  • Farmers National Bank is committed to advancing with a strategic focus on both the physical branch network and vital digital channels.

Headline financials

Total Revenue

$33.6M

Previous: $28.2M+19.3%
EPS (adj)

$0.39

Previous: $0.33+18.2%
Capital Expenditures

-$3.62M

Previous: -$1.27M-185.5%
Free Cash Flow

$7.25M

Previous: $7.89M-8.1%
Net Income

$10.9M

Previous: $9.15M+18.7%
Operating Income

$24.2M

Previous: $19.9M+21.5%
Gross Profit

$31M

Previous: $28.2M+10.1%
Cash & Equivalents

$22.6M

Previous: $22.4M+0.9%
Total Assets

$2.99B

Previous: $2.43B+22.8%
Stock-Based Comp

$364K

Previous: $360K+1.1%

Revenue & EPS history

Farmers National · Revenue · Quarterly

$33.6M

Q3 2020+19.3%vs Q3 2019
Beat estimate in 13 of 16 quarters(81%)
ActualEstimate

Forward guidance

Farmers National Bank will continue to adapt and move forward with our eye on winning and not merely coping.

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 Q3 2020

Historical avgQ3 2020

-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

Earnings price reactions
QuarterReport dateReaction (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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