Farmers National Banc Corp (NASDAQ:FMNB) has been downgraded to Hold in a statement by Sandler O'Neill earlier today.
- Updated: September 24, 2016
Sandler O'Neill has downgraded Farmers National Banc Corp (NASDAQ:FMNB) to Hold in a statement released on 9/23/2016.
On 9/22/2015, KBW released a statement for Farmers National Banc Corp (NASDAQ:FMNB) bumped up the target price from $0.00 to $9.00 that suggested an upside of 0.09%.
Boasting a price of $10.83, Farmers National Banc Corp (NASDAQ:FMNB) traded -0.09% lower on the day. With the last stock price close up 15.95% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Farmers National Banc Corp has recorded a 50-day average of $10.06 and a two hundred day average of $9.33. Volume of trade was down over the average, with 48,309 shares of FMNB changing hands under the typical 120,136
With a total market value of $0, Farmers National Banc Corp has price-earnings ratio of 19.50 with a one year low of $7.60 and a one year high of $11.82 .
Brief Synopsis About Farmers National Banc Corp (NASDAQ:FMNB)
Farmers National Banc Corp. is a one-bank holding company. The Company operates principally through its subsidiaries, The Farmers National Bank of Canfield (the Bank), Farmers Trust Company (Farmers Trust) and National Associates, Inc. (NAI). The Company's segments include the Bank, Trust and Retirement Consulting. The Bank segment includes Farmers National Insurance, LLC (Farmers Insurance) and Farmers of Canfield Investment Co. (Farmers Investments). The banking operation offers loans, investments and deposits; the trust operations provide trust services, and the retirement consulting operations offer consulting services. The Company and its subsidiaries operate in the domestic banking, trust, retirement consulting, insurance and financial management industries. The Bank is a national banking association engaged in commercial and retail banking. It operates approximately 30 branches in Mahoning, Trumbull, Columbiana, Stark, Wayne, Medina and Cuyahoga Counties in Ohio.
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