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Stock impact report

Farmers National Banc Corp. Announces 2020 First Quarter Financial Results

Farmers National Banc Corp. (FMNB) 
Last farmers national banc corp. earnings: 4/29 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: farmersbankgroup.com/investor-relations
Company Research Source: Business Wire
Farmers takes active steps to assist its associates, customers and communities during the COVID-19 crisisNet income of $8.6 million for the quarter is 3% higher than same quarter in 2019149 consecutive quarters of profitability 18% noninterest income growth in the first quarter of 2020 compared to same quarter in 201915% growth in customer non-brokered deposits compared to March 31, 2019Loan loss provision of $1.1 million for the quarter; Election made to delay implementation of Current Expected Credit Losses model (CECL) as permitted by the CARES Act. CANFIELD, Ohio--(BUSINESS WIRE)--Farmers National Banc Corp. (Farmers) (NASDAQ: FMNB) today reported financial results for the three months ended March 31, 2020.Net income for the three months ended March 31, 2020 was $8.6 million, or $0.30 per diluted share, which compares to $8.4 million, or $0.30 per diluted share, for the three months ended March 31, 2019 and $9.7 million or $0.35 per diluted share for the linked quarter. Net inc Show less Read more
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