Recent Updates — FMNB
Farmers National Banc Corp. reported net income of $14.5 million, or $0.25 per diluted share, for the third quarter ended September 30, 2026. Adjusted net income excluding acquisition and core conversion costs was $28.0 million, or $0.47 per diluted share. The company completed its core system conversion to Jack Henry and a $90.5 million security restructuring that resulted in a $10.3 million loss. Net interest margin expanded to 3.54% from 3.00% in the prior year period, driven by the Middlefield Banc Corp. acquisition which added $1.82 billion in assets. The company also announced an intention to pay off $72.0 million of subordinated notes on December 15, 2026. Farmers National Banc Corp. is a diversified financial services company providing banking and wealth management services in Ohio and western Pennsylvania.
Farmers National Banc Corp. announced that Myke Matuszak, Senior Executive Vice President and Chief Operating Officer of the Company and its national banking subsidiary, will terminate his employment effective October 15, 2026. This executive departure is material as it involves a key leadership role within the organization. Farmers National Banc Corp. operates in the banking industry, providing financial services through its subsidiary.
Farmers National Banc Corp. reported second quarter 2026 net income of $23.0 million, or $0.39 per diluted share, compared to $13.9 million, or $0.37 per diluted share, in the prior year period. The company saw net interest margin increase to 3.44% and commercial lending fundings accelerate to $175 million. Results were impacted by the March 2026 acquisition of Middlefield Banc Corp., which added $1.82 billion in assets. The company paid a quarterly cash dividend of $0.17 per share. Farmers National Banc Corp. is a diversified financial services company providing commercial and retail banking and trust services.