Farmers National BancFMNB +1.32%56 ROE % is 10.39% as of Mar. 2026, which is 18% below its 10-year median of 12.67. GuruFocus rates FMNB with a GF Score™ of 56/100 and a GF Value™ of $15.22 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,524 Banks companies, Farmers National Banc ranks better than 56.17% on this metric.
The historical rank and industry rank for Farmers National Banc's ROE % or its related term are showing as below:
FMNB'
s ROE % Range Over the Past 10 Years
Min: 9.98 Med: 12.67 Max: 15.85
Current: 11.08
During the past 13 years, Farmers National Banc's highest ROE % was 15.85%. The lowest was 9.98%. And the median was 12.67%.
FMNB's ROE % is ranked better than 56.17% of 1524
companies
in the Banks industry
Industry Median: 10.22
vs FMNB: 11.08
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:
Note:
The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* 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.
Be Aware
Net Income 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.
* 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.
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 % vs Banks Industry
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.
* 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 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 data used here is four times the quarterly (Mar. 2026) net income data.
ROE % is displayed in the 30-year financial page.
Farmers National Banc (FMNB) has a ROE % of 10.39% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Farmers National Banc and its competitors. This is 18% below median its historical median of 12.67. Over the past decade, Farmers National Banc's ROE % has ranged from 9.98 to 15.85. According to the industry distribution chart, Farmers National Banc ranks #668 out of 1524 companies in the Banks industry, placing it in the top 43.8%.
Is Farmers National Banc's ROE % too high?
Farmers National Banc's current ROE % of 10.39% is 18% below median its 10-year median of 12.67. Over the past 10 years, this metric has ranged from a low of 9.98 to a high of 15.85. The Banks industry median ROE % is 10.22. Farmers National Banc's value of 10.39% is 1.7% above this industry median. Based on the distribution chart, Farmers National Banc ranks #668 out of 1524 companies in the Banks industry, which is above the industry midpoint. Overall, Farmers National Banc has a GF Score™ of 56/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Farmers National Banc's ROE % compare to CAC and EGBN?
According to the Banks industry distribution chart, Farmers National Banc ranks #668 out of 1524 companies for ROE %. This puts Farmers National Banc in the upper half of its industry. The industry median ROE % is 10.22. Farmers National Banc's value of 10.39% is 1.7% above this benchmark. Historically, Farmers National Banc's own ROE % has ranged from 9.98 to 15.85 over the past decade. While the company's 10-year median is 12.67 vs. the industry median of 10.22, Farmers National Banc has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Banks company?
The median ROE % among Banks companies is 10.22, based on 1,524 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Farmers National Banc's current ROE % of 10.39% is 1.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Farmers National Banc and its competitors. For the Banks industry, the median ROE % is 10.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Farmers National Banc's current ROE % is 10.39%, which is 18% below median its own 10-year median of 12.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Farmers National Banc stock overvalued right now?
Based on GuruFocus' analysis, Farmers National Banc (FMNB) is currently considered Fairly Valued. The stock's GF Value™ is $15.22, compared to a current price of $14.59 — trading 4.2% below its estimated fair value. The current ROE % is 10.39%, which is 18% below median its 10-year median of 12.67 and 1.7% above the Banks industry median of 10.22. Farmers National Banc's overall GF Score™ is 56/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Farmers National Banc (FMNB), the current ROE % is 10.39% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Farmers National Banc (FMNB) Overvalued in 2026?
Based on GuruFocus' analysis, Farmers National Banc stock appears to be undervalued.
The current stock price of $14.59 is trading 4.2% below its estimated GF Value™ of $15.22.
GuruFocus considers Farmers National Banc to be Fairly Valued.
Key valuation signals for FMNB:
ROE %: 10.39% (18% below median its 10-year median of 12.67)
GF Value™: $15.22 vs. price of $14.59 (4.2% below fair value)
Industry Position: 1.7% above the Banks median (#668 of 1524)
No single metric tells the full story. See the FMNB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Farmers National Banc Corp is a financial holding company based in the U.S. Along with its subsidiaries, it operates in the domestic banking, trust, retirement consulting, insurance, and financial management industries. The group offers a full range of commercial and retail banking services, including checking accounts, savings accounts, time deposit accounts, commercial, mortgage, and installment loans, safe deposit boxes, ATMs, internet banking, and other banking services. Additionally, it offers personal and corporate trust services in the areas of estate settlement, trust administration, employee benefit plans, and retirement services; insurance products, and other financial products and services. The group's reportable segments are Bank, which generates the maximum revenue, and Trust.
56GF Score
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