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Farmers National Banc (Farmers National Banc) Retained Earnings : $236.8 Mil (As of Dec. 2023)


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What is Farmers National Banc Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Farmers National Banc's retained earnings for the quarter that ended in Dec. 2023 was $236.8 Mil.

Farmers National Banc's quarterly retained earnings increased from Jun. 2023 ($221.6 Mil) to Sep. 2023 ($228.6 Mil) and increased from Sep. 2023 ($228.6 Mil) to Dec. 2023 ($236.8 Mil).

Farmers National Banc's annual retained earnings increased from Dec. 2021 ($173.9 Mil) to Dec. 2022 ($212.4 Mil) and increased from Dec. 2022 ($212.4 Mil) to Dec. 2023 ($236.8 Mil).


Farmers National Banc Retained Earnings Historical Data

The historical data trend for Farmers National Banc's Retained Earnings 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.

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Farmers National Banc Retained Earnings Chart

Farmers National Banc Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 108.85 138.07 173.90 212.38 236.76

Farmers National Banc Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Retained Earnings Get a 7-Day Free Trial 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 213.01 221.61 228.55 236.76 -

Farmers National Banc Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


Farmers National Banc  (NAS:FMNB) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Farmers National Banc (Farmers National Banc) Business Description

Traded in Other Exchanges
N/A
Address
20 South Broad Street, Canfield, OH, USA, 44406
Farmers National Banc Corp is a one-bank holding company engaged in financial activities, including securities underwriting and dealing, insurance agency and underwriting activities, and merchant banking activities. It operates in the domestic banking, trust, retirement consulting, insurance, and financial management industries. The company has two operating segments of business; the Bank segment, and the Trust segment, out of which the majority of its revenue is derived from the bank segment.
Executives
Mark J Wenick officer: Chief Wealth Management Office 20 S BROAD STREET, PO BOX 555, CANFIELD OH 44406
Gina A Richardson director 20 S BROAD STREET, PO BOX 555, CANFIELD OH 44406
Andre Thornton director 20 S BROAD STREET, PO BOX 555, CANFIELD OH 44406
Joseph W Sabat officer: VP/Controller 20 SOUTH BROAD STREET, PO BOX 555, CANFIELD OH 44406
Ralph D Macali director
Gregory C Bestic director 5415 WOODLAND PL, CANFIELD OH 44406
Edward Muransky director 20 S BROAD STREET, PO BOX 555, CANFIELD OH 44406
Neil J Kaback director
Kevin J Helmick officer: VP/Retail Sales 20 SOUTH BROAD ST., PO BOX 555, CANFIELD OH 44406
Mark A Nicastro officer: VP/Director of Human Resources 20 SOUTH BROAD STREET, PO BOX 555, CANFIELD OH 44406
Amber B Wallace officer: Sr VP/Director of Marketing 20 SOUTH BROAD STREET, PO BOX 555, CANFIELD OH 44406
Timothy Carney officer: SEVP/Chief Banking Officer 194 WEST MAIN STREET, CORTLAND OH 44410
Nicholas D Varischetti director FOUR NORTHSHORE CENTER, 106 ISABELLA STREET, PITTSBURGH PA 15212
Michael E Matuszak officer: EVP/Chief Operating Officer 20 S BROAD STREET, PO BOX 555, CANFIELD OH 44406
Anne Frederick Crawford director 530 STONEYBROOK LN, CANFIELD OH 44406