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Farmers National Banc Corp serves businesses and individuals principally in northeastern Ohio and western Pennsylvania through The Farmers National Bank of Canfield. The bank gathers deposits through its branches and uses that funding to make business and household loans and hold securities. Borrowers pay interest, which supplies most of its interest income; securities provide a smaller share. After paying interest on deposits and borrowings, the bank retains the difference, its main source of earnings.
The group also earns fees from banking services. Through Farmers Trust Company, it manages customer trust assets and advises retirement plans. Trust customers pay fees based on the value of investable assets in their accounts, while retirement-plan clients pay for consulting work.
The business depends on retaining deposits, the gap between lending yields and funding costs, and borrowers’ ability to repay. Commercial and residential real estate lending is central to its loan portfolio, tying the business closely to local property values and economic conditions, especially in Northeast Ohio. Farmers and its bank must meet regulatory capital requirements. The parent relies principally on subsidiary dividends to fund shareholder dividends, and laws restrict those subsidiary payments without regulatory approval.
The risk section is the longest, dullest part of the filing. This keeps only what can really hurt you: where it hits, how hard, when it plays out.
Every company claims an edge. Each one is checked against hard numbers like margins and returns: which hold, and which line gives way first.
Northwest Bancshares, Inc competes with Farmers National Banc Corp for deposits, mortgages and commercial loans in northeastern Ohio and western Pennsylvania. Watch Northwest’s interest paid on personal and business deposits and its home and business lending for a read on the competition Farmers faces.
S&T Bancorp Inc competes with Farmers National Banc Corp for individual and small-business deposits, commercial loans and wealth-management customers in western Pennsylvania and Ohio.
Citizens Financial Group, Inc. competes with Farmers National Banc Corp for household and business customers who deposit money and borrow in northeastern Ohio and western Pennsylvania.
Peoples Bancorp Inc/OH offers a comparison for Farmers National Banc Corp on Ohio loan demand, deposit costs and borrowers’ ability to repay: both run Ohio-based community banks serving households and businesses alongside trust, investment and insurance services. Watch Peoples’ commercial and consumer lending for a read on that shared banking business.
CB Financial Services, Inc. (PA), through Community Bank, shares Farmers National Banc Corp’s exposure to western Pennsylvania businesses and property borrowers: both gather local deposits and make commercial and residential loans. Watch Community Bank’s commercial and residential real-estate loan performance when assessing Farmers’ property lending.
Fifth Third Bancorp competes with Farmers National Banc Corp for Ohio consumers and businesses who need deposit accounts, loans and wealth-management services.
First Merchants Corp and Farmers National Banc Corp both depend heavily on the gap between interest earned on lending and other assets and interest paid for funding—the net interest margin—in their Midwestern community banks. First Merchants’ fully tax-equivalent margin rose from 3.19% in 2024 to 3.25% in 2025, a useful comparison for Farmers’ margin improvement.
Mercantile Bank Corp offers Farmers National Banc Corp investors a comparison on lending margins and loan repayment: both use deposits to fund commercial and residential loans in Midwestern markets. Watch Mercantile’s floating-rate commercial property loans and deposit costs when assessing Farmers’ lending returns and property credit quality.
German American Bancorp, Inc. and Farmers National Banc Corp share exposure to Midwestern loan demand and deposit pricing: both use deposits to lend to businesses, farmers and homebuyers and also provide wealth management. German American’s agricultural and property loan performance offers a comparison for those parts of Farmers’ loan book.
Michigan-based Independent Bank Corp. and Farmers National Banc Corp both rely heavily on interest paid by borrowers and the gap between lending yields and funding costs, making Independent’s loan interest income a useful comparison for Farmers.
First Merchants Corp earningsFRME
First Merchants also earns interest on loans and other assets and pays interest on deposits and borrowings; its net interest margin offers a peer comparison for Farmers’ funding costs and lending returns.
Watch how First Merchants’ net interest margin changes, alongside loan yields and the cost of deposits and borrowings. A stable or wider margin shows a peer is still earning enough on assets to cover funding costs, a supportive comparison for Farmers. A narrower margin points to pressure from higher funding costs or weaker asset returns, making both sides of Farmers’ own net interest income worth watching.
CB Financial Services, Inc. earningsCBFV
CB Financial Services lends to businesses and property borrowers in western Pennsylvania through Community Bank; its commercial and residential real-estate loans offer a read on risks shared with Farmers’ local property lending.
Check delinquencies and credit losses in Community Bank’s commercial and residential real-estate loans, keeping the loan types distinct. Stable performance suggests western Pennsylvania property borrowers shared by the two banks are still repaying. Rising delinquencies or losses would flag possible pressure on Farmers’ larger commercial-property and residential-loan book, including a need for higher credit-loss provisions.
Northwest Bancshares, Inc earningsNWBI
Northwest Bancshares competes with Farmers for deposits and home and business borrowers in northeastern Ohio and western Pennsylvania; its report will show how funding costs and loan demand are shaping that shared market.
Read what Northwest pays on personal and business deposits alongside its home and business lending. Contained deposit costs with steady lending suggest local banks can keep making loans without sharply raising what they pay to attract funds. Rising deposit costs with weaker lending would point to tougher competition for Farmers, either for lower-cost funding or for borrowers.
Farmers National Banc Corp earningsThis company
Farmers National Banc Corp earns interest on loans and investments and pays interest on deposits and borrowings; its report will show whether the difference still supports core income.
Read loan interest income alongside interest paid on deposits and borrowings, and check the net interest margin—the gap between what the bank earns on assets and pays for funding. If loan income holds and funding costs fall or stay steady, a firmer margin and higher net interest income show lending is covering funding costs more effectively. If funding costs rise faster or loan income weakens, a thinner margin and lower net interest income show pressure on this core earnings source.
Fed Interest Rate Decision
The Fed’s policy rate sets the backdrop for borrowing costs, affecting the interest Farmers National Bank earns as loans and securities reprice and what it pays on deposits and borrowings, and therefore its net interest income.
Expected4.0%Last release4.0%
If it comes in above expectations
Higher rates can lift interest earned on repricing loans and securities, but can also raise what the Bank pays depositors and lenders; the effect on net interest income depends on which costs and yields adjust faster.
If it comes in below expectations
Lower rates can reduce interest earned as loans and securities reprice, while also easing the Bank’s deposit and borrowing costs; the effect on net interest income depends on which costs and yields adjust faster.
