Citadel Advisors LLC Boosts Stake in Farmers National Banc Corp. $FMNB

Posted by Brian Himes on Sep 8th, 2026

Citadel Advisors LLC grew its position in shares of Farmers National Banc Corp. (NASDAQ:FMNB – Free Report) by 39.5% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 423,186 shares of the bank’s stock after buying an additional 119,805 shares during the quarter. Citadel Advisors LLC owned 0.71% of Farmers National Banc worth $6,179,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. California State Teachers Retirement System grew its holdings in shares of Farmers National Banc by 1,872.1% in the second quarter. California State Teachers Retirement System now owns 1,038,396 shares of the bank’s stock valued at $15,161,000 after acquiring an additional 985,742 shares in the last quarter. Empowered Funds LLC bought a new stake in Farmers National Banc during the second quarter worth $3,354,000. United Capital Financial Advisors LLC bought a new stake in Farmers National Banc during the second quarter worth $445,000. Raffles Associates LP purchased a new position in Farmers National Banc in the second quarter worth $219,000. Finally, Bank of America Corp DE purchased a new position in Farmers National Banc in the second quarter worth $1,376,000. Hedge funds and other institutional investors own 38.72% of the company’s stock.

Wall Street Analysts Forecast Growth

FMNB has been the subject of several research analyst reports. Wall Street Zen raised Farmers National Banc from a “hold” rating to a “buy” rating in a research report on Sunday, August 30th. Weiss Ratings raised shares of Farmers National Banc from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, July 28th. One equities research analyst has rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $16.00.

View Our Latest Stock Analysis on FMNB

Insider Transactions at Farmers National Banc

In other Farmers National Banc news, EVP Mark Wenick sold 5,000 shares of the stock in a transaction dated Thursday, August 6th. The shares were sold at an average price of $15.97, for a total transaction of $79,850.00. Following the completion of the transaction, the executive vice president owned 32,020 shares in the company, valued at $511,359.40. This trade represents a 13.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Michael Voinovich sold 23,309 shares of Farmers National Banc stock in a transaction dated Monday, June 22nd. The stock was sold at an average price of $14.21, for a total transaction of $331,220.89. Additional details regarding this sale are available in the official SEC disclosure. 3.50% of the stock is owned by company insiders.

Farmers National Banc Stock Performance

NASDAQ:FMNB opened at $16.07 on Tuesday. Farmers National Banc Corp. has a 12 month low of $12.12 and a 12 month high of $16.46. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 0.12. The firm’s 50 day moving average is $15.37 and its 200 day moving average is $14.28. The stock has a market capitalization of $952.15 million, a PE ratio of 10.93 and a beta of 0.76.

Farmers National Banc (NASDAQ:FMNB – Get Free Report) last released its earnings results on Wednesday, July 22nd. The bank reported $0.41 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.34 by $0.07. Farmers National Banc had a return on equity of 12.03% and a net margin of 20.52%.The business had revenue of $70.44 million during the quarter, compared to the consensus estimate of $70.10 million. Sell-side analysts expect that Farmers National Banc Corp. will post 1.68 earnings per share for the current year.

Farmers National Banc Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Friday, September 11th will be issued a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a yield of 4.5%. This is a boost from Farmers National Banc’s previous quarterly dividend of $0.17. The ex-dividend date of this dividend is Friday, September 11th. Farmers National Banc’s payout ratio is currently 46.26%.

About Farmers National Banc

(Free Report)

Farmers National Banc Corp. operates as the bank holding company for Farmers National Bank, a community-oriented financial institution headquartered in Ada, Ohio. The company provides a comprehensive suite of banking services through a network of branches serving rural and small-town markets across central Ohio. Its local decision-making model emphasizes personalized customer service and close ties to the communities it serves.

The company’s primary business activities include the origination of commercial loans, consumer installment loans, agricultural financing, and residential mortgages.