Farmers National Banc Corp. Q1 2025 Earnings Show Revenue Growth
Ticker: FMNB · Form: 10-Q · Filed: May 8, 2025 · CIK: 709337
Sentiment: neutral
Topics: earnings, financials, banking
TL;DR
FNB: Q1 interest income up to $50M from $39.3M YoY. EPS flat at $0.17.
AI Summary
Farmers National Banc Corp. reported total interest income of $50,000,000 for the first quarter of 2025, compared to $39,321,709 for the same period in 2024. Net interest income for Q1 2025 was $1,707,075, a slight decrease from $1,736,097 in Q1 2024. Earnings per share remained steady at $0.17 for both periods.
Why It Matters
The increase in interest income suggests the bank may be benefiting from higher interest rates or loan growth, which could positively impact future profitability.
Risk Assessment
Risk Level: low — The filing is a routine quarterly report with no immediate red flags or significant negative trends.
Key Numbers
- $50.0B — Total Interest Income (Increased in Q1 2025 compared to Q1 2024.)
- $1.7M — Net Interest Income (Slightly decreased in Q1 2025 compared to Q1 2024.)
- $0.17 — Earnings Per Share (Remained flat for Q1 2025 compared to Q1 2024.)
Key Players & Entities
- FARMERS NATIONAL BANC CORP /OH/ (company) — Filer
- 20 S BROAD STREET (address) — Business Address
- CANFIELD (location) — Business Address City
- OH (location) — Business Address State
- 44406 (zip_code) — Business Address Zip
- 3305333341 (phone_number) — Business Phone
- 20250331 (date) — Conformed Period of Report
- 20250508 (date) — Filed as of Date
- Q1 2025 (date) — Reporting Period
- $50,000,000 (dollar_amount) — Total Interest Income Q1 2025
FAQ
What was Farmers National Banc Corp.'s total interest income for the first quarter of 2025?
Farmers National Banc Corp.'s total interest income for the first quarter of 2025 was $50,000,000.
How did net interest income in Q1 2025 compare to Q1 2024?
Net interest income in Q1 2025 was $1,707,075, a slight decrease from $1,736,097 in Q1 2024.
What was the reported earnings per share for the first quarter of 2025?
The reported earnings per share for the first quarter of 2025 was $0.17.
What is the company's primary business classification?
The company is classified under 'STATE COMMERCIAL BANKS' with SIC code 6022.
What is the company's state of incorporation?
The company's state of incorporation is Ohio (OH).
Filing Details
This Form 10-Q (Form 10-Q) was filed with the SEC on May 8, 2025 regarding FARMERS NATIONAL BANC CORP /OH/ (FMNB).