Farmers National Bank

Farmers National Bank is Mahoning Valley’s leading community bank with more than $1.6 Billion in assets. Farmers has a full array of financial services, including the Farmers Trust Company, which was acquired in March of 2009.

Founded in 1887, Farmers has been community-minded and committed to the Valley for more than 125 years. Throughout the recent financial crisis, Farmers has shown great strength by continuing rock-solid business and lending practices that help the individuals and businesses in our communities thrive and survive.

For years to come, Farmers National Bank will continue to strive for innovative solutions for our customers, associates, shareholders, and the community.

Company Growth (employees)
Type
Public
HQ
Canfield, US
Founded
In 1887
Size (employees)
441 (est)+3%
Farmers National Bank was founded in In 1887 and is headquartered in Canfield, US

Farmers National Bank Office Locations

Farmers National Bank has an office in Canfield
Canfield, US (HQ)
20 S Broad St

Farmers National Bank Data and Metrics

Farmers National Bank Financial Metrics

Farmers National Bank's revenue was reported to be $24.7 m in Q1, 2017
USD

Revenue (Q1, 2017)

24.7 m

Gross profit (Q1, 2017)

23.4 m

Gross profit margin (Q1, 2017), %

95%

Net income (Q1, 2017)

5.8 m

EBIT (Q1, 2017)

16.5 m

Market capitalization (15-Aug-2017)

373.2 m

Cash (31-Mar-2017)

61.3 m
Farmers National Bank's current market capitalization is $373.2 m.
USDFY, 2016

Revenue

95.7 m

Cost of goods sold

4.4 m

Gross profit

91.4 m

Gross profit Margin, %

95%

Sales and marketing expense

33.2 m

R&D expense

2.7 m

General and administrative expense

6.6 m

Operating expense total

59.5 m

EBIT

64.3 m

EBIT margin, %

67%

Pre tax profit

28 m

Income tax expense

7.5 m

Net Income

20.6 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

15.2 m20.3 m22.7 m23.7 m24.8 m24.7 m

Cost of goods sold

1 m1.1 m1 m1.1 m1.1 m1.3 m

Gross profit

14.2 m19.2 m21.7 m22.6 m23.7 m23.4 m

Gross profit Margin, %

93%95%96%96%95%95%

Sales and marketing expense

5.9 m7.6 m7.9 m8.1 m8.7 m8.5 m

R&D expense

382 k643 k638 k580 k738 k655 k

General and administrative expense

1.2 m1.4 m1.7 m1.6 m1.6 m1.6 m

Operating expense total

7.5 m9.6 m10.2 m10.3 m11.1 m10.8 m

EBIT

8.9 m13.3 m16 m15.9 m16.1 m16.5 m

EBIT margin, %

59%66%70%67%65%67%

Pre tax profit

1.2 m2.5 m6.5 m6.9 m7.3 m7.8 m

Income tax expense

409 k625 k1.7 m1.8 m2 m2 m

Net Income

4.5 m6.8 m2.2 m3 m4.9 m4.8 m9.8 m15.2 m5.8 m
USDFY, 2016

Cash

41.8 m

Inventories

1.4 b

PP&E

23.2 m

Goodwill

37.2 m

Total Assets

2 b

Accounts Payable

1.5 b

Total Debt

213.5 m

Total Liabilities

1.8 b

Common Stock

178.3 m

Retained Earnings

42.5 m

Total Equity

213.2 m

Debt to Equity Ratio

1 x

Debt to Assets Ratio

0.1 x

Financial Leverage

9.2 x
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

28.1 m28.3 m26.9 m37 m34.3 m34.6 m62.2 m67.4 m61.3 m

Inventories

637.8 m647 m673.8 m1.1 b1.2 b1.3 b1.4 b1.4 b1.5 b

PP&E

17.4 m17.2 m17 m23.5 m23.3 m24.1 m24.1 m23.5 m23.2 m

Goodwill

6.4 m6.4 m5.6 m32.3 m32.3 m35.1 m36.9 m36.9 m37.2 m

Total Assets

1.1 b1.1 b1.1 b1.7 b1.7 b1.9 b1.9 b2 b2 b

Accounts Payable

907.4 m913 m909.4 m1.3 b1.3 b1.4 b1.4 b1.5 b1.5 b

Common Stock

177.8 m178 m

Retained Earnings

17.6 m19.4 m22.6 m22.9 m23.9 m30 m34 m38.3 m47 m

Total Equity

121 m121.4 m126.8 m182.6 m186.2 m204 m212.5 m215.4 m218.1 m

Financial Leverage

9.4 x9.4 x8.9 x9.2 x9.2 x9.1 x9.1 x9.1 x9.3 x
USDFY, 2016

Net Income

20.6 m

Depreciation and Amortization

5.9 m

Cash From Operating Activities

24.3 m

Purchases of PP&E

(52.6 m)

Cash From Investing Activities

(115.2 m)

Short-term Borrowings

(27.4 m)

Long-term Borrowings

(7.2 m)

Dividends Paid

(4.3 m)

Cash From Financing Activities

76.7 m

Interest Paid

4.3 m

Income Taxes Paid

9.4 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

4.5 m6.8 m2.2 m3 m4.9 m4.8 m9.8 m15.2 m5.8 m

Depreciation and Amortization

1.7 m2.6 m830 k1.8 m3.2 m1.4 m2.9 m4.4 m1.4 m

Cash From Operating Activities

6 m8.3 m865 k3.2 m7.3 m2.5 m7.6 m13.8 m6.2 m

Purchases of PP&E

(38.6 m)(42.5 m)(23.2 m)(35.7 m)(41.3 m)(2 m)(12.3 m)(26.8 m)(54.9 m)

Cash From Investing Activities

11.1 m8.8 m12.7 m23.7 m(16.1 m)(9.1 m)(37.4 m)(69.9 m)(32.4 m)

Short-term Borrowings

(7.1 m)(9.6 m)3.1 m13 m38.8 m(50.2 m)2.3 m(9.3 m)36.8 m

Dividends Paid

(1.1 m)(1.7 m)(552 k)(1.1 m)(1.9 m)(1.1 m)(2.2 m)(3.2 m)(1.4 m)

Cash From Financing Activities

(16.5 m)(16.4 m)(14 m)(17.4 m)15.7 m(14.8 m)36 m67.4 m45.7 m

Interest Paid

2.4 m3.5 m1 m1.9 m3 m974 k2 m3.2 m1.3 m

Income Taxes Paid

875 k1.2 m300 k1.5 m1.8 m1 m4.3 m6.8 m
USDY, 2017

Revenue/Employee

57.3 k

Financial Leverage

9.3 x

Farmers National Bank Market Value History

Traffic Overview of Farmers National Bank

Farmers National Bank Online and Social Media Presence

Farmers National Bank Company Life and Culture

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