企業概要
Farmers National Banc Corp. operates as a bank holding company that manages the operations of The Farmers National Bank of Canfield, providing a comprehensive suite of financial services including banking, trust administration, retirement consulting, insurance, and financial management. The entity is classified within the Financial Services sector and specifically functions in the Banks - Regional industry, which typically serves local and community-focused client bases with tailored financial products. The company maintains a market capitalization of 823.88M USD and generates an annual revenue of 181.50M USD while employing a workforce of 706 individuals. These valuation figures, combined with the employee count, indicate that the organization holds a mid-sized position within the regional banking landscape, possessing sufficient scale to offer diverse commercial and retail products such as checking, savings, and time deposit accounts.
財務健全性
The company reported a revenue of 181.50M USD over the trailing twelve months, resulting in a net income of 54.59M USD, whereas the EBITDA figure is not disclosed in the available data. The significant gap between the total revenue and the net income reveals a cost structure where operating expenses, including cost of goods sold inherent to banking operations, consume a substantial portion of top-line earnings before arriving at the bottom line. Regarding liquidity and flexibility, the company holds a cash reserve of 93.34M USD, but specific free cash flow metrics are not reported, meaning the direct cash generation capacity relative to capital expenditures remains unquantified in this dataset. The profitability analysis highlights a gross margin of 0.0%, which is standard for financial institutions where service fees and net interest income are typically recognized at the operating level rather than a gross production stage. The operating margin stands at 50.0%, indicating that the company retains half of its revenue after covering direct operating costs, while the profit margin reaches 30.1%, demonstrating effective control over overhead and administrative expenses to maximize net profitability. On the balance sheet, the company possesses 93.34M USD in cash against total debt of 376.88M USD, resulting in a debt-to-equity ratio that is not explicitly calculated in the provided facts, though the absolute debt level suggests a leveraged position typical for banks. The current ratio is not available, so a direct assessment of short-term liquidity relative to current liabilities cannot be made from the supplied figures. Return on equity is recorded at 12.2%, reflecting the efficiency of management in generating profits from shareholders' capital, while return on assets is 1.1%, indicating the overall yield generated on the total asset base relative to the interest-earning portfolio.
バリュエーション評価
The valuation metrics show a trailing P/E ratio of 9.61 and a forward P/E of 7.70, implying that the market expects earnings to grow at a rate that would lower the multiple from the historical average to a more forward-looking discount. The price-to-book ratio is 1.08, suggesting that the company trades at a slight premium over its tangible book value, which often reflects the value of the brand and the franchise in the regional banking sector. Alternative valuation measures include a price-to-sales ratio of 4.54, while the EV/EBITDA multiple is not available due to missing EBITDA data. The stock has historically traded between a 52-week high of 15.50 USD and a 52-week low of 11.72 USD; without the specific current share price provided in the facts, the exact percentage deviation from the high or low cannot be calculated, but the range defines the recent volatility envelope. The beta value is 0.78, which indicates that the stock's price volatility is lower than the broader market, making it a less sensitive asset to general market fluctuations compared to the S&P 500.
Growth & Income
Revenue growth is recorded at 6.7% year-over-year, while earnings growth stands at 3.4% year-over-year, indicating that earnings are expanding at a slower pace than revenue, which may suggest margin compression or increased operational costs relative to top-line expansion. As a dividend payer, the company offers a dividend yield of 4.9% with a payout ratio of 46.9%, a level that appears sustainable given the net income and the fact that less than half of earnings are distributed to shareholders. The slower earnings growth relative to revenue suggests that the dividend payout ratio is supported by a stable earnings base rather than aggressive top-line acceleration. Overall, the growth and income profile presents a scenario of moderate revenue expansion coupled with a conservative earnings trajectory and a relatively high, yet sustainable, dividend yield.