Farmers National Banc Corp. Reports Results for Third Quarter of 2026
Business Wire•28/10/2026•08:00 ET
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Key Highlights
- ➤Adjusted EPS $0.47, excluding acquisition, conversion and security-restructuring costs
- ➤Net interest margin 3.54%; fourth-quarter outlook approximately 3.43%-3.46%
- ➤Security restructuring totaled $90.5 million, generating a $10.3 million loss
- ➤Loans grew 1.6% sequentially, or 6.6% annualized
- ➤Nonperforming loans rose to 0.99% of total loans from 0.93%
Expert Statements
Kevin J. Helmick, President and CEO of Farmers National Banc Corp.
“As expected, the third quarter was a period of strategic execution and transformation for Farmers, as we completed our core technology conversion, executed the integration of the March 2026 Middlefield acquisition, and repositioned our investment securities portfolio. These actions represent important milestones in our ongoing strategy to improve operating efficiency, enhance profitability, and grow our community banking franchise. With these significant initiatives largely behind us, we expect to begin realizing their financial benefits in the fourth quarter, with additional contributions expected in 2027. We remain focused on leveraging our expanded capabilities and growing market presence to drive sustainable, profitable growth.”
Farmers National Banc Corp. Reports Results for Third Quarter of 2026
* EPS was $0.25 for the quarter, $0.47 excluding acquisition, core conversion and security restructure costs (non-GAAP)
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