Farmers National Banc Corp. (FMNB) Income Statement
FMNB 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsFMNB revenue and net income
Where FMNB's revenue goes
2025Each bar shows an amount and its share of revenue. FMNB kept 20.1% of revenue as net income.
FMNB profit margins
FMNB growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +0.9% | +15.2% | +12.9% | +14.2% |
| Gross profit | +7.0% | +3.0% | +7.1% | +10.4% |
| Operating income | +17.4% | −3.7% | +5.3% | +19.9% |
| Net income | +18.8% | −3.4% | +5.4% | +21.1% |
| EPS (diluted) | +22.5% | −6.0% | +0.1% | +11.1% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
FMNB quarterly EPS vs estimates
Farmers National Banc beat the analyst EPS estimate in 6 of the last 8 quarters. Next report: October 28, 2026 (estimate $0.41).
FMNB income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $271.8M | $269.4M | $213.3M | $177.9M | $154.7M | $148.5M | $130.0M | $117.3M | $104.6M | $95.7M |
| Cost of revenue | $98.4M | $107.3M | $41.9M | $19.0M | $13.4M | $25.2M | $22.1M | $16.3M | $10.2M | $8.2M |
| Gross profit | $173.4M | $162.1M | $213.3M | $158.9M | $141.3M | $123.3M | $108.0M | $101.0M | $94.3M | $87.5M |
| Research & development | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Sales, general & admin | $79.4M | $5.8M | $59.2M | $47.0M | $41.3M | $41.4M | $39.2M | $39.5M | $38.1M | $35.4M |
| Total operating expenses | $108.4M | $106.7M | −$154.6M | $86.0M | $79.2M | $73.0M | $64.9M | $62.7M | $61.2M | $59.5M |
| Operating income | $65.0M | $55.4M | $58.7M | $72.8M | $62.1M | $50.3M | $43.1M | $38.3M | $33.2M | $28.0M |
| Interest income | $231.9M | $226.3M | $211.3M | $142.1M | $116.5M | $112.3M | $101.4M | $91.1M | $80.0M | $72.0M |
| Interest expense | $91.3M | $99.4M | $75.5M | $17.9M | $8.5M | $16.1M | $19.6M | $13.3M | $6.9M | $4.4M |
| Income before taxes | $65.0M | $55.4M | $58.7M | $72.8M | $62.1M | $50.3M | $43.1M | $38.3M | $33.2M | $28.0M |
| Income taxes | $10.5M | $9.5M | $8.8M | $12.2M | $10.3M | $8.4M | $7.3M | $5.7M | $10.4M | $7.5M |
| Net income | $54.6M | $45.9M | $49.9M | $60.6M | $51.8M | $41.9M | $35.8M | $32.6M | $22.7M | $20.6M |
| EBITDA | $71.8M | $61.8M | $58.7M | $77.7M | $65.7M | $53.4M | $45.9M | $41.3M | $36.3M | $31.7M |
| EPS (diluted) | $1.58 | $1.29 | $1.66 | $1.90 | $2.14 | $1.57 | $1.29 | $1.17 | $0.90 | $0.78 |
| Gross margin | 63.8% | 60.2% | 100.0% | 89.3% | 91.4% | 83.0% | 83.0% | 86.1% | 90.2% | 91.4% |
| Operating margin | 23.9% | 20.6% | 27.5% | 40.9% | 40.2% | 33.9% | 33.1% | 32.6% | 31.7% | 29.3% |
| Net margin | 20.1% | 17.1% | 23.4% | 34.1% | 33.5% | 28.2% | 27.5% | 27.8% | 21.7% | 21.5% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $72.8M | $72.8M | $69.7M | $70.8M | $69.8M | $67.8M | $69.3M | $70.3M | $66.5M | $63.4M | $67.2M | $64.1M |
| Cost of revenue | $23.5M | $23.5M | $24.7M | $24.5M | $26.3M | $22.9M | $25.5M | $33.1M | $25.9M | $22.9M | $22.5M | $20.7M |
| Gross profit | $49.3M | $49.3M | $45.0M | $46.3M | $43.5M | $44.9M | $43.9M | $37.2M | $40.6M | $40.5M | $44.7M | $43.4M |
| Sales, general & admin | $23.6M | $23.6M | $1.6M | $16.5M | $15.2M | $1.7M | $14.6M | $15.3M | $15.0M | $16.8M | $15.3M | $14.7M |
| Total operating expenses | $29.4M | $29.4M | $27.2M | $31.7M | $27.2M | $28.5M | $26.2M | $27.1M | $26.4M | $27.0M | $27.0M | $27.7M |
| Operating income | $20.0M | $20.0M | $17.7M | $14.6M | $16.3M | $16.4M | $17.7M | $10.1M | $14.2M | $13.5M | $17.7M | $15.6M |
| Interest income | $85.4M | $66.4M | $59.0M | $58.9M | $57.2M | $56.8M | $57.5M | $57.6M | $56.5M | $54.7M | $54.5M | $54.2M |
| Interest expense | $24.5M | $24.5M | $22.4M | $23.1M | $22.8M | $23.1M | $25.2M | $26.0M | $24.8M | $23.4M | $22.2M | $20.5M |
| Income before taxes | $20.0M | $20.0M | $17.7M | $14.6M | $16.3M | $16.4M | $17.7M | $10.1M | $14.2M | $13.5M | $17.7M | $15.6M |
| Income taxes | $3.7M | $3.7M | $3.1M | $2.2M | $2.4M | $2.8M | $3.3M | $1.6M | $2.4M | $2.2M | $3.2M | $2.3M |
| Net income | $16.3M | $16.3M | $14.6M | $12.5M | $13.9M | $13.6M | $14.4M | $8.5M | $11.8M | $11.2M | $14.6M | $13.3M |
| EBITDA | $22.7M | $22.0M | $19.5M | $16.3M | $18.1M | $18.0M | $19.5M | $11.6M | $15.6M | $15.1M | $19.3M | $17.3M |
| EPS (diluted) | $0.41 | $0.45 | $0.40 | $0.42 | $0.37 | $0.39 | $0.39 | $0.23 | $0.33 | $0.34 | $0.41 | $0.40 |
| Gross margin | 67.7% | 67.7% | 64.5% | 65.4% | 62.3% | 66.2% | 63.3% | 53.0% | 61.0% | 63.9% | 66.5% | 67.7% |
| Operating margin | 27.4% | 27.4% | 25.5% | 20.7% | 23.4% | 24.1% | 25.5% | 14.4% | 21.3% | 21.2% | 26.4% | 24.4% |
| Net margin | 22.3% | 22.3% | 21.0% | 17.6% | 19.9% | 20.0% | 20.8% | 12.1% | 17.7% | 17.7% | 21.7% | 20.8% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in FMNB's financial statements (latest annual report filed March 5, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
FMNB financial results
In fiscal year 2025 (ended December 31, 2025), Farmers National Banc reported revenue of $271.8 million, up 0.9% from the year before. It had net income of $54.6 million (up 18.8%), a net profit margin of 20.1%. Diluted earnings per share came to $1.58. Over five years revenue grew at an average rate of 12.9% a year.
See the FMNB stock overview for the latest quote and news, or the FMNB chart for price history and technical indicators.
FMNB income statement FAQ
What is Farmers National Banc's annual revenue?
Farmers National Banc reported total revenue of $271.8 million for fiscal year 2025, which ended on December 31, 2025. That was up 0.9% from $269.4 million the previous year.
Is Farmers National Banc profitable?
Yes. Farmers National Banc reported net income of $54.6 million in fiscal 2025, a net profit margin of 20.1%; its operating margin was 23.9%.
What is Farmers National Banc's gross margin?
Farmers National Banc's gross margin was 63.8% in fiscal 2025: for every $100 of revenue, Farmers National Banc kept $64 after the direct cost of its products and services.
How fast is Farmers National Banc growing?
Revenue grew 12.9% a year on average over the last five fiscal years, from $148.5 million to $271.8 million.
What are Farmers National Banc's earnings per share?
Farmers National Banc earned $1.58 per diluted share in fiscal 2025, compared with $1.29 a year earlier.
When will Farmers National Banc report its next earnings?
Farmers National Banc is expected to report results for the quarter ending September 30, 2026 on October 28, 2026 before the market opens.
When does Farmers National Banc's fiscal year end?
Farmers National Banc's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 5, 2026.