NASDAQ$FMNB
Farmers National Banc Corp · Q4 2020 earnings
Q4 2020 earnings · · Investor relations
Briefing
Farmers National thrived during the pandemic, reporting strong Q4 results and a record-breaking year of earnings growth.
Farmers National achieved record financial results for the fifth consecutive year, driven by mortgage lending, PPP execution, and the acquisition of Maple Leaf Financial, Inc. The company reported a record annual net income of $41.9 million, a 17% increase over 2019, and total loans grew by 14.7% to $2.08 billion.
- Farmers National achieved record financial results for the fifth consecutive year.
- Annual net income reached a record $41.9 million, a 17% increase over 2019.
- Total loans grew by 14.7% to $2.08 billion.
- The company facilitated nearly $200 million in PPP loans, supporting 25,000 jobs.
Headline financials
Revenue & EPS history
Farmers National · Revenue · Quarterly
$36.5M
Forward guidance
Farmers National is optimistic about 2021, citing lessons learned in 2020 regarding stability and adaptability.
Tailwinds
- The company successfully navigated through 2020.
- The company learned valuable lessons about stability and adaptability.
- The company is optimistic about a productive and profitable 2021.
- The company is focused on technology upgrades.
- The company is focused on operating efficiencies.
Headwinds
- The leadership acknowledges the imprudence of overstating confidence given unexpected events.
- The company faces potential challenges due to the ongoing COVID-19 pandemic.
- Interest rate volatility could impact mortgage lending.
- The forgiveness process for PPP loans presents an administrative burden.
- Maintaining profitability in a low-interest-rate environment remains a challenge.
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 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
| 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% | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro