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Farmers National Banc ROE %

: 17.44% (As of Jun. 2021)
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ROE % is calculated as Net Income attributable to Common Stockholders (Net Income minus dividends to participating security holders) divided by its average Total Stockholders Equity over a certain period of time. Farmers National Banc's annualized net income attributable to common stockholders for the quarter that ended in Jun. 2021 was $62.3 Mil. Farmers National Banc's average Total Stockholders Equity over the quarter that ended in Jun. 2021 was $357.1 Mil. Therefore, Farmers National Banc's annualized ROE % for the quarter that ended in Jun. 2021 was 17.44%.

The historical rank and industry rank for Farmers National Banc's ROE % or its related term are showing as below:

NAS:FMNB' s ROE % Range Over the Past 10 Years
Min: 5.01   Med: 9.54   Max: 15.08
Current: 15.08

5.01
15.08

During the past 13 years, Farmers National Banc's highest ROE % was 15.08%. The lowest was 5.01%. And the median was 9.54%.

NAS:FMNB's ROE % is ranked lower than
70% of the 934 Companies
in the Banks industry.

( Industry Median: 11.10 vs. NAS:FMNB: 15.08 )

Farmers National Banc ROE % Historical Data

The historical data trend for Farmers National Banc's ROE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Farmers National Banc Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
ROE %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.00 9.98 12.91 12.73 12.90

Farmers National Banc Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
ROE % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.87 12.95 13.17 16.70 17.44

Competitive Comparison

For the Banks - Regional subindustry, Farmers National Banc's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

   

Farmers National Banc ROE % Distribution

For the Banks industry and Financial Services sector, Farmers National Banc's ROE % distribution charts can be found below:

* The bar in red indicates where Farmers National Banc's ROE % falls into.



Farmers National Banc ROE % Calculation

Farmers National Banc's annualized ROE % for the fiscal year that ended in Dec. 2020 is calculated as

ROE %=Net Income attributable to Common Stockholders (A: Dec. 2020 )/( (Total Stockholders Equity (A: Dec. 2019 )+Total Stockholders Equity (A: Dec. 2020 ))/ count )
=41.876/( (299.309+350.097)/ 2 )
=41.876/324.703
=12.90 %

Farmers National Banc's annualized ROE % for the quarter that ended in Jun. 2021 is calculated as

ROE %=Net Income attributable to Common Stockholders (Q: Jun. 2021 )/( (Total Stockholders Equity (Q: Mar. 2021 )+Total Stockholders Equity (Q: Jun. 2021 ))/ count )
=62.3/( (347.355+366.908)/ 2 )
=62.3/357.1315
=17.44 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROE %, the net income attributable to common stockholders of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income attributable to common stockholders data used here is four times the quarterly (Jun. 2021) net income attributable to common stockholders data. ROE % is displayed in the 30-year financial page.


Farmers National Banc  (NAS:FMNB) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %**(Q: Jun. 2021 )
=Net Income/Total Stockholders Equity
=62.3/357.1315
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(62.3 / 145.448)*(145.448 / 3292.291)*(3292.291 / 357.1315)
=Net Margin %*Asset Turnover*Equity Multiplier
=42.83 %*0.0442*9.2187
=ROA %*Equity Multiplier
=1.89 %*9.2187
=17.44 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %**(Q: Jun. 2021 )
=Net Income/Total Stockholders Equity
=62.3/357.1315
=(Net Income /Pre-Tax Income) * (Pre-Tax Income/Operating Income) * (Operating Income/Revenue) * (Revenue/Total Assets) * (Total Assets/Total Stockholders Equity)
= (62.3 / 75.512) * (75.512 / 0) * (0 / 145.448) * (145.448 / 3292.291) * (3292.291 / 357.1315)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.825 * N/A * 0 % * 0.0442 * 9.2187
=17.44 %

Note: The net income attributable to common stockholders data used here is four times the quarterly (Jun. 2021) net income attributable to common stockholders data. The Revenue data used here is four times the quarterly (Jun. 2021) revenue data. The same rule applies to Pre-Tax Income and Operating Income.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.


Be Aware

Net income attributable to common stockholders is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Farmers National Banc ROE % Related Terms

Thank you for viewing the detailed overview of Farmers National Banc's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Farmers National Banc Business Description

Farmers National Banc logo
Industry
Financial Services » Banks NAICS : 522110 SIC : 6022
Traded in Other Exchanges
N/A
Address
20 South Broad Street, Canfield, OH, USA, 44406
Farmers National Banc Corp is a US-based bank holding company. The company and its subsidiaries operate in the domestic banking, trust, retirement consulting, insurance and financial management industries. Its business consists of owning and supervising its subsidiaries. Farmers' business activities are primarily aggregated in two lines of business, Bank segment and Farmers Trust segment. The company operates only in the United States. It has its operations in Mahoning, Trumbull, Columbiana, Stark, Wayne, Medina, and Cuyahoga Counties in Ohio, and Beaver County in Pennsylvania.
Executives
Sabat Joseph W officer: VP/Controller 20 SOUTH BROAD STREET PO BOX 555 CANFIELD OH 44406
Helmick Kevin J director, officer: President & CEO 20 SOUTH BROAD ST. PO BOX 555 CANFIELD OH 44406
Muransky Edward director 20 S BROAD STREET PO BOX 555 CANFIELD OH 44406
Wallace Amber B officer: Sr VP/Chief Retail/Marketing 20 SOUTH BROAD STREET PO BOX 555 CANFIELD OH 44406
Moore Terry A director 20 SOUTH BROAD STREET PO BOX 555 CANFIELD OH 44406
Paull David Z director 3560 ALMERINDA DRIVE CANFIELD OH 44406
Jackson Brian E officer: Sr VP/CIO 20 SOUTH BROAD STREET PO BOX 555 CANFIELD OH 44406
Shaffer Timothy F officer: SVP, Regional President 20 SOUTH BROAD STREET PO BOX 555 CANFIELD OH 44406
Oberhaus Michael G officer: VP, Chief Risk Officer 20 S BROAD STREET PO BOX 555 CANFIELD OH 44406
Nicastro Mark A officer: SVP/Human Resource Director 20 SOUTH BROAD STREET PO BOX 555 CANFIELD OH 44406
Witmer Mark R officer: Sr EVP, Chief Banking Officer 112 W MARKET STREET ORRVILLE OH 44667
Culp Carl D officer: EVP/CFO PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: CULP CARL D a.header:link {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:visited {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:hover {color: #191970;}
Graham Mark L officer: EVP/Chief Credit Officer PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: GRAHAM MARK L a.header:link {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:visited {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:hover {color: #191970;}
Ciroli Lance J director 33497 SENCA DRIVE SOLON OH 44139
Bestic Gregory C director 5415 WOODLAND PL CANFIELD OH 44406

Farmers National Banc Headlines

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