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Upturn AI Summary - About
Farmers National Banc Corp(FMNB)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for FMNB
11/09/2026: FMNB (2-star) is currently NOT-A-BUY. Pass it for now.
Farmers National Banc Corp is a regional bank focused on providing commercial and retail financial services, trust management, and insurance to clients in Ohio and Pennsylvania. The company is known for its steady, community-oriented business model and a history of growth through strategic regional acquisitions. Its primary opportunity lies in scaling its operations and enhancing fee-based wealth management revenues. However, it faces intense competition from larger banks and execution risks associated with integrating acquisitions. The stock may suit value and dividend-oriented investors seeking regional banking exposure, though investors should monitor the successful integration of its recent major expansion efforts and interest rate sensitivity.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Weak fit | The company is a mature regional bank with limited high-growth potential. |
| Momentum investor | Weak fit | The stock typically exhibits low volatility and modest trading volume compared to momentum favorites. |
| Value investor | Strong fit | The stock often trades at reasonable valuation multiples relative to regional bank peers. |
| Dividend investor | Strong fit | The company provides a consistent dividend yield, suitable for income-focused portfolios. |
| Low-risk investor | Strong fit | As a stable, regulated community bank, it suits investors looking for lower-beta financial exposure. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | Medium | Bank stocks are sensitive to market interest rate cycles and regional economic health. |
| Valuation risk | Low | The company generally trades in line with typical regional banking multiples. |
| Competition risk | High | Large national banks with superior technology budgets pose a constant competitive threat. |
| Business quality | Medium | The franchise has a stable, conservative history but lacks the dominant scale of tier-one banks. |
| Dividend income | Low | Dividend payouts are generally secure, supported by consistent earnings. |
| Execution risk | Medium | Successful integration of recent acquisitions is critical for maintaining profit margins. |
Price Behavior
Strong Uptrend
The stock has maintained a strong upward price trend across the last three quarters.
Smooth
The stock has moved along a generally orderly path with only modest fluctuations.
Analysis of Past Performance
Type Stock | Historic Profit -21.79% | Avg. Invested days 34 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 11/09/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 913.74M USD | Price to earnings Ratio 11.17 | 1Y Target Price 17.5 |
Price to earnings Ratio 11.17 | 1Y Target Price 17.5 | ||
Volume (30-day avg) 324.7K shares | Beta 0.75 | 52 Weeks Range 11.84 - 16.27 | Updated Date 11/08/2026 |
52 Weeks Range 11.84 - 16.27 | Updated Date 11/08/2026 | ||
Dividends yield (FY) 4.45% | Basic EPS (TTM) 1.38 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Net Interest Income | Interest earned on commercial and retail loans minus interest paid on deposits. | This is the primary way the bank makes money—by lending at higher rates than it pays to savers. |
| Non-Interest Income | Fees from trust services, wealth management, and insurance agency commissions. | This provides a steady stream of income that is not tied to interest rates. |
| Geographic Operations | Retail and commercial banking operations primarily in Ohio and Pennsylvania. | The bank's success is tied to the health of the local economy in the Midwest. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date 2026-10-28 | When Before Market | Estimate 0.41 | Actual 0.47 |
Profitability
Profit Margin 29.11% | Operating Margin (TTM) 40.76% |
Management Effectiveness
Return on Assets (TTM) 1.11% | Return on Equity (TTM) 11.58% |
Valuation
Trailing PE 11.17 | Forward PE 11.19 | Enterprise Value 1.33B | Price to Sales(TTM) 3.89 |
Enterprise Value 1.33B | Price to Sales(TTM) 3.89 | ||
Enterprise Value to Revenue 5.94 | Enterprise Value to EBITDA - | Shares Outstanding 59.26M | Shares Floating 57.31M |
Shares Outstanding 59.26M | Shares Floating 57.31M | ||
Percent Insiders 2.36 | Percent Institutions 46.91 |
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
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