NASDAQ$FMNB

Farmers National Banc Corp · Q4 2019 earnings

Q4 2019 earnings · · Investor relations

Briefing

Farmers National Banc Corp. reported on its Q4 2019 performance, highlighting its strategic initiatives and record financial results for the year.

Farmers National Banc Corp. achieved record financial results for the fourth consecutive year in 2019, driven by diversified income sources, effective risk management, increased market share, and proactive expense management. The company completed its fourth bank acquisition since 2015 and transitioned to a virtual-only format for its annual meeting to enhance shareholder communication and participation.

  • Completed the acquisition of Maple Leaf Financial, expanding market presence in Northeast Ohio.
  • Transitioned to a virtual-only annual meeting format to improve shareholder accessibility and reduce costs.
  • Achieved record financial results for the fourth consecutive year, demonstrating consistent and sustainable growth.
  • Increased noninterest income by 12% year-over-year, driven by growth in mortgage and investment fee income.

Headline financials

Total Revenue

$28.8M

Previous: $26.8M+7.6%
EPS (adj)

$0.35

Previous: $0.31+12.9%
Net Interest Margin

3.8%

Previous: 3.9%-1.3%
Loan to Deposit Ratio

90.2%

Previous: 96.5%-6.5%
Non-performing Assets to Total Assets

0.3%

Previous: 0.3%-21.2%
Capital Expenditures

$189K

Previous: $114K+65.8%
Free Cash Flow

$12.4M

Previous: $11.9M+4.3%
Net Income

$9.68M

Previous: $8.69M+11.4%
Cash & Equivalents

$23.2M

Previous: $18M+28.7%
Total Assets

$2.45B

Previous: $2.33B+5.2%
Stock-Based Comp

$361K

Previous: $500K-27.8%

Revenue & EPS history

Farmers National · Revenue · Quarterly

$28.8M

Q4 2019+7.6%vs Q4 2018
Beat estimate in 12 of 16 quarters(75%)
ActualEstimate

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 Q4 2019

Historical avgQ4 2019

-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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