Earnings summaries and quarterly performance for FARMERS NATIONAL BANC CORP /OH/.
Executive leadership at FARMERS NATIONAL BANC CORP /OH/.
Kevin Helmick
Detailed
President and Chief Executive Officer
CEO
AW
Amber Wallace
Detailed
Senior Executive Vice President, Chief Retail and Marketing Officer
MW
Mark Wenick
Detailed
Senior Executive Vice President, Chief Wealth Management Officer
MM
Myke Matuszak
Detailed
Senior Executive Vice President, Chief Operating Officer
SC
Sherry Commons
Detailed
Chief Accounting Officer
TS
Timothy Shaffer
Detailed
Senior Executive Vice President, Chief Credit Officer
TA
Troy Adair
Detailed
Senior Executive Vice President, Chief Financial Officer and Secretary
Board of directors at FARMERS NATIONAL BANC CORP /OH/.
AT
Andre Thornton
Detailed
Director
CC
Carl Culp
Detailed
Director
DP
David Paull
Detailed
Director
EM
Edward Muransky
Detailed
Director
FM
Frank Monaco
Detailed
Director
GR
Gina Richardson
Detailed
Director
GB
Gregory Bestic
Detailed
Director
NK
Neil Kaback
Detailed
Director
NV
Nicholas Varischetti
Detailed
Director
TM
Terry Moore
Detailed
Chair of the Board
Research analysts covering FARMERS NATIONAL BANC CORP /OH/.
Recent press releases and 8-K filings for FMNB.
Farmers National Banc Corp. Merger with Middlefield Banc Corp. Under Investigation
FMNB
M&A
Legal Proceedings
Proxy Vote Outcomes
- Monteverde & Associates PC is investigating the merger of Farmers National Banc Corp. (FMNB) with Middlefield Banc Corp..
- Under the proposed transaction, Middlefield shareholders are set to receive 2.6 shares of Farmers common stock per share of Middlefield common stock.
- The shareholder vote for this merger is scheduled for February 10, 2026.
3 days ago
Farmers National Banc Corp. Announces Merger Agreement with Middlefield Banc Corp.
FMNB
M&A
Board Change
- Farmers National Banc Corp. (FMNB) entered into an Agreement and Plan of Merger with Middlefield Banc Corp. on October 22, 2025, under which Middlefield will merge into FMNB.
- Pursuant to the agreement, each common share of Middlefield Banc Corp. will be converted into the right to receive 2.6 common shares of Farmers National Banc Corp..
- Following the merger, the number of directors on Farmers National Banc Corp.'s board will increase by two, and two non-employee directors from Middlefield will be appointed to the FMNB board.
- As of October 22, 2025, Middlefield Banc Corp. had 8,086,886 common shares issued and outstanding.
Oct 27, 2025, 9:28 PM
Farmers National Banc Corp Announces Merger Agreement with Middlefield Banc Corp
FMNB
M&A
- Farmers National Banc Corp (FMNB) and Middlefield Banc Corp have signed a definitive merger agreement, where Middlefield will merge into Farmers.
- Middlefield shareholders will receive 2.60 shares of Farmers' common stock for each Middlefield share, valuing the transaction at approximately $299 million or $36.17 per share based on Farmers' October 20 closing price.
- The transaction is expected to increase Farmers' assets to $7.2 billion from $5.2 billion.
- The merger is projected to be approximately 7% accretive to diluted EPS for 2027 and result in a 4.4% tangible book value per share dilution, which is expected to be earned back in approximately three years.
- The deal is anticipated to close in the first quarter of 2026, with a core conversion scheduled for August 2026, which will contribute to an estimated 38% cost savings based on Middlefield's expense run rate.
Oct 22, 2025, 1:00 PM
Farmers National Banc Corp. to acquire The Middlefield Banking Company
FMNB
M&A
- Farmers National Banc Corp. (FMNB) is acquiring The Middlefield Banking Company (MBCN) in a 100% stock-for-stock transaction with an aggregate deal value of $299.0 million.
- The acquisition is expected to create a pro forma franchise with $7.4 billion in assets, $5.0 billion in loans, and $6.1 billion in deposits, operating 84 locations.
- The transaction is anticipated to be accretive to EPS by approximately 7% annually with a tangible book value earn-back of approximately 3 years.
- The deal is expected to close by the end of the first quarter of 2026.
Oct 22, 2025, 1:00 PM
Farmers National Bancorp announces merger agreement with Middlefield Bancorp
FMNB
M&A
New Projects/Investments
Guidance Update
- Farmers National Bancorp (FMNB) and Middlefield Bancorp announced a definitive all-stock merger agreement.
- Middlefield shareholders will receive 2.6 shares of FMNB common stock for each Middlefield share, valuing the transaction at approximately $299 million or $36.17 per share based on FMNB's closing share price on October 20.
- The combined company will have $7.2 billion in assets and 83 branch locations across Northeast, Central, and Western Ohio and Western Pennsylvania.
- The transaction is expected to be 7% accretive to diluted EPS in 2027 and result in a 4.4% tangible book value per share dilution, which is anticipated to be earned back in approximately three years.
- Cost savings are estimated at 38% of Middlefield's expense run rate, in addition to $2 million in annual savings from a new core platform conversion scheduled for August 2026.
Oct 22, 2025, 1:00 PM
Farmers National Bancorp announces merger agreement with Middlefield Bancorp
FMNB
M&A
- Farmers National Bancorp (FMNB) and Middlefield Bancorp have announced a definitive merger agreement, under which Middlefield will merge into Farmers. The all-stock transaction is valued at $299 million, or $36.17 per share, based on Farmers' closing share price of $13.91 on October 20.
- The acquisition will increase Farmers' assets from $5.2 billion to $7.2 billion, and the combined company will operate 83 branch locations across Northeast, Central, and Western Ohio, and Western Pennsylvania.
- The transaction is anticipated to be approximately 7% accretive to diluted earnings per share for 2027.
- A tangible book value per share dilution of approximately 4.4% is expected to be earned back in approximately three years.
- The transaction is expected to close in the first quarter of 2026, with a core conversion planned for August 2026.
Oct 22, 2025, 1:00 PM
Farmers National Banc Corp. Announces Merger Agreement and Q3 2025 Results
FMNB
M&A
Earnings
New Projects/Investments
- Farmers National Banc Corp. and Middlefield Banc Corp. announced a definitive merger agreement, valued at approximately $299.0 million, or $36.17 per Middlefield share, based on Farmers' closing share price on October 20, 2025. The transaction is expected to close by the end of the first quarter of 2026 and will create a combined entity with over $7 billion in total assets.
- For the third quarter of 2025, Farmers National Banc Corp. reported net income of $12.5 million, or $0.33 per diluted share. Excluding certain non-GAAP items, net income was $15.7 million, or $0.42 per diluted share.
- As of September 30, 2025, total assets increased to $5.24 billion, with total loans at $3.34 billion and total deposits at $4.40 billion.
- The net interest margin improved to 3.00% in the third quarter of 2025, up from 2.91% in the second quarter of 2025 and 2.66% in the third quarter of 2024.
- The company is transitioning to a new core platform in 2026, which is projected to save approximately $2.0 million per year, and restructured $28.5 million in securities to expand yield by approximately 220 basis points.
Oct 22, 2025, 11:46 AM
Farmers National Banc Corp. Announces Merger Agreement with Middlefield Banc Corp.
FMNB
M&A
Guidance Update
New Projects/Investments
- Farmers National Banc Corp. (FMNB) announced a definitive merger agreement to acquire Middlefield Banc Corp. in an all-stock transaction valued at $299 million, or $36.17 per share for Middlefield shareholders, based on FMNB's closing share price of $13.91 on October 20th, 2025.
- The acquisition is expected to increase FMNB's assets to $7.2 billion and is anticipated to be approximately 7% accretive to diluted EPS in 2027, with a 4.4% tangible book value per share dilution expected to be earned back in approximately three years.
- The transaction is projected to close in Q1 2026, with a core conversion planned for August 2026, and includes an estimated 38% cost savings based on Middlefield's expense run rate.
- FMNB reported its 171st consecutive quarter of profitability in Q3 2025, experiencing solid loan growth of $34.4 million and an expanded net interest margin of 3%.
Oct 22, 2025, 11:30 AM
Farmers National Bancorp Announces Merger Agreement with Middlefield Bancorp and Q3 2025 Results
FMNB
M&A
Earnings
Guidance Update
- Farmers National Bancorp (FMNB) and Middlefield Bancorp announced a definitive merger agreement on October 22, 2025, which will increase FMNB's assets to $7.2 billion by adding Middlefield's $2 billion in assets.
- The all-stock transaction values Middlefield at $299 million or $36.17 per share, with Middlefield shareholders receiving 2.6 shares of FMNB common stock for each Middlefield share.
- The merger is anticipated to close in Q1 2026 and is projected to deliver 7% diluted earnings per share accretion for 2027, with a 4.4% tangible book value per share dilution expected to be earned back in approximately three years.
- For Q3 2025, FMNB reported its 171st consecutive quarter of profitability, with solid loan growth of $34.4 million (an annualized growth rate of 4.2%) and a net interest margin expanding to 3%.
Oct 22, 2025, 11:30 AM
Farmers National Banc Corp. and Middlefield Banc Corp. Announce Merger Agreement
FMNB
M&A
Earnings
Guidance Update
- Farmers National Banc Corp. (FMNB) and Middlefield Banc Corp. announced a definitive merger agreement, with Middlefield merging into Farmers. This all-stock transaction is valued at approximately $299 million, or $36.17 per share, based on Farmers' closing share price of $13.91 on October 20th.
- The acquisition is expected to increase Farmers' assets from $5.2 billion to $7.2 billion and is projected to be approximately 7% accretive to diluted earnings per share by 2027.
- A tangible book value per share dilution of approximately 4.4% is expected to be earned back in about three years, with an estimated 38% cost savings from Middlefield's expense run rate.
- The transaction is anticipated to close in the first quarter of 2026, with a core conversion planned for August 2026.
- In Q3 2025, Farmers reported its 171st consecutive quarter of profitability, solid loan growth of $34.4 million (an annualized rate of 4.2%), and an expanded net interest margin of 3%.
Oct 22, 2025, 11:30 AM
Quarterly earnings call transcripts for FARMERS NATIONAL BANC CORP /OH/.
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