Insider Trading Review: Farmers National Banc Corp. $FMNB

dollar-1225733_1280

Farmers National Banc Corp. (FMNB) insiders have most recently took part in a trading activity. On Jan 2, 2018 Sabat Joseph W, VP/Controller bought 51 shares having total worth of $753 at the price of $14.76 per share, following the transaction a total of 10,504 shares owned by Sabat Joseph W. Before this latest buy, Sabat Joseph W purchased FMNB at 11 other times during the past twelve months, for a total investment of $7,345 at an average of $14.18 per share.

On the same day, Paull David Z, Director bought 17 shares having total worth of $251 at the price of $14.76 per share, following the transaction a total of 35,809 shares owned by Paull David Z. Before this latest buy, Paull David Z purchased FMNB at 12 other times during the past twelve months, for a total investment of $11,447 at an average of $14.21 per share.

On the same day, Muransky Edward, Director bought 226 shares having total worth of $3,336 at the price of $14.76 per share, following the transaction a total of 4,383 shares owned by Muransky Edward. Before this latest buy, Muransky Edward purchased FMNB at 5 other times during the past twelve months, for a total investment of $22,458 at an average of $13.96 per share.

On the same day, Moore Terry A, Director bought 226 shares having total worth of $3,336 at the price of $14.76 per share, following the transaction a total of 58,884 shares owned by Moore Terry A. Before this latest buy, Moore Terry A purchased FMNB at 11 other times during the past twelve months, for a total investment of $36,667 at an average of $14.18 per share.

The stock has experienced a total of 18 insider trades in the past three months. These trades include 18 buy trades. Furthermore, over the past 12 months , the stock was traded 128 times by insiders. an employee of the company was the buyer in 128 instances.

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 18 0 8.58%
12 Month 128 0 49.54%

Shares of Farmers National Banc Corp. (FMNB) traded down 0.68% on Jan 3, 2018, hitting $14.55. 44,376 shares of the company’s stock traded hands. Farmers National Banc Corp. has a 52 week low of $9.35 and a 52 week high of $15.8. The company’s market cap is $292 million.

Farmers National Banc Corp. (FMNB) last announced its earnings results on Jul 26, 2017. The company reported 0.21 earnings per share (EPS) for the quarter, lower than the consensus estimate of 0.22 by $0.01. The company had revenue of $24 million for the quarter, compared to the consensus estimate of $25 million. During the same quarter in the previous year, the company posted 0.19 earnings per share. The company’s revenue for the quarter was up 8% on a year-over-year basis.

2017-07-26 2017-04-19 2017-01-25 2016-10-20 2013-10-23 2012-10-24
earnings per share 0.21 0.22 0.20 0.20 0.13 0.13
Revenue(M) 24.43 17.53 17.29 17.19 0 0

Farmers National Banc Corporation is a multi-bank holding company. The Corporation has three subsidiaries, Farmers National Bank of Canfield (the Bank), an independent community bank with 16 offices; Farmers Trust Company, a non-depository trust bank; and Farmers National Insurance, LLC. The Corporation and its subsidiaries operate in one industry, domestic banking. The Bank is a full-service national bank engaged in commercial and retail banking in Mahoning, Trumbull and Columbiana Counties in Ohio. The Bank’s commercial and retail banking services include checking accounts, savings accounts, time deposit accounts, commercial, mortgage and installment loans, home equity loans, home equity lines of credit, night depository, safe deposit boxes, money orders, bank checks, automated teller machines, internet banking, travel cards, ‘E’ Bond transactions, utility bill payments, MasterCard and Visa credit cards, brokerage services and other miscellaneous services normally offered by commercial banks. On March 31, 2009, the Company acquired 100% of the capital stock of Butler Wick Trust Company, a wholly owned subsidiary of Butler Wick Corporation. The newly acquired trust entity operates under the name Farmers Trust Company. With the acquisition, the Company has added trust services in the areas of estate settlement, living trusts, testamentary trusts, charitable trusts, charitable endowments and employee benefit plans to complement its core retail banking and investment services. Farmers National Insurance offers insurance products through licensed representatives. The Company is regulated by the Federal Reserve Bank (the FRB). The Bank is regulated by the Office of the Comptroller of the Currency (the OCC), as well as the Federal Deposit Insurance Corporation (the FDIC).

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.