Farmers National Banc (FMNB) Revenue & Revenue Breakdown

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Farmers National Banc Revenue Highlights

Latest Revenue (Y)

$255.20M

Latest Revenue (Q)

$66.58M

Main Segment (Y)

Fiduciary and Trust

Main Geography (Y)

Fiduciary and Trust

Farmers National Banc Revenue by Period

Farmers National Banc Revenue by Year

Date	Revenue	Change
2023-12-31	$255.20M	60.63%
2022-12-31	$158.87M	12.44%
2021-12-31	$141.29M	14.64%
2020-12-31	$123.25M	14.15%
2019-12-31	$107.97M	6.90%
2018-12-31	$101.00M	7.05%
2017-12-31	$94.35M	7.83%
2016-12-31	$87.49M	35.58%
2015-12-31	$64.53M	29.69%
2014-12-31	$49.76M	2.55%
2013-12-31	$48.52M	-0.47%
2012-12-31	$48.75M	-0.81%
2011-12-31	$49.15M	-2.83%
2010-12-31	$50.58M	18.48%
2009-12-31	$42.69M	34.26%
2008-12-31	$31.80M	9.92%
2007-12-31	$28.93M	-0.37%
2006-12-31	$29.03M	-8.21%
2005-12-31	$31.63M	7.09%
2004-12-31	$29.54M	-9.72%
2003-12-31	$32.72M	9.37%
2002-12-31	$29.91M	6.45%
2001-12-31	$28.10M	3.00%
2000-12-31	$27.28M	39.92%
1999-12-31	$19.50M	668.32%
1998-12-31	$2.54M	-3.24%
1997-12-31	$2.62M	22.96%
1996-12-31	$2.13M	32.30%
1995-12-31	$1.61M	-

Farmers National Banc generated $255.20M in revenue during NA 2023, up 60.63% compared to the previous quarter, and up 252.67% compared to the same period a year ago.

Farmers National Banc Revenue by Quarter

Date	Revenue	Change
2024-06-30	$66.58M	4.99%
2024-03-31	$63.41M	-5.67%
2023-12-31	$67.22M	54.19%
2023-09-30	$43.60M	-0.92%
2023-06-30	$44.00M	14.48%
2023-03-31	$38.44M	3.28%
2022-12-31	$37.22M	-7.33%
2022-09-30	$40.16M	-1.02%
2022-06-30	$40.57M	-0.80%
2022-03-31	$40.90M	20.75%
2021-12-31	$33.87M	-7.20%
2021-09-30	$36.50M	1.53%
2021-06-30	$35.95M	2.78%
2021-03-31	$34.97M	5.02%
2020-12-31	$33.30M	8.19%
2020-09-30	$30.78M	0.41%
2020-06-30	$30.66M	5.45%
2020-03-31	$29.07M	4.50%
2019-12-31	$27.82M	0.13%
2019-09-30	$27.78M	3.40%
2019-06-30	$26.87M	3.61%
2019-03-31	$25.93M	-1.22%
2018-12-31	$26.25M	3.17%
2018-09-30	$25.45M	1.31%
2018-06-30	$25.12M	3.87%
2018-03-31	$24.18M	-2.17%
2017-12-31	$24.72M	3.93%
2017-09-30	$23.78M	1.30%
2017-06-30	$23.48M	4.96%
2017-03-31	$22.37M	1.03%
2016-12-31	$22.14M	-1.90%
2016-09-30	$22.57M	4.31%
2016-06-30	$21.64M	-0.26%
2016-03-31	$21.69M	0.28%
2015-12-31	$21.63M	12.54%
2015-09-30	$19.22M	35.77%
2015-06-30	$14.16M	8.67%
2015-03-31	$13.03M	-3.03%
2014-12-31	$13.44M	2.06%
2014-09-30	$13.16M	3.26%
2014-06-30	$12.75M	3.74%
2014-03-31	$12.29M	-3.10%
2013-12-31	$12.68M	-2.60%
2013-09-30	$13.02M	6.17%
2013-06-30	$12.26M	3.55%
2013-03-31	$11.84M	-8.07%
2012-12-31	$12.88M	3.89%
2012-09-30	$12.40M	1.27%
2012-06-30	$12.24M	2.48%
2012-03-31	$11.95M	-12.49%
2011-12-31	$13.65M	14.34%
2011-09-30	$11.94M	0.77%
2011-06-30	$11.85M	1.29%
2011-03-31	$11.70M	-17.71%
2010-12-31	$14.22M	6.81%
2010-09-30	$13.31M	11.89%
2010-06-30	$11.90M	6.70%
2010-03-31	$11.15M	-6.02%
2009-12-31	$11.86M	7.08%
2009-09-30	$11.08M	1.23%
2009-06-30	$10.95M	24.36%
2009-03-31	$8.80M	3.57%
2008-12-31	$8.50M	0.20%
2008-09-30	$8.48M	20.52%
2008-06-30	$7.04M	-2.66%
2008-03-31	$7.23M	-1.62%
2007-12-31	$7.35M	-

Farmers National Banc generated $66.58M in revenue during Q2 2024, up 4.99% compared to the previous quarter, and up 173.21% compared to the same period a year ago.

Farmers National Banc Revenue Breakdown

Farmers National Banc Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Retirement Plan Consulting Fees	$1.41M	$1.39M	$1.42M	$1.52M	$1.49M
Financial Service, Other	$9.54M	-	-	-	-
Debit Card And Electronic Funds Transfer Fees	$7.06M	$5.81M	$5.14M	$3.93M	$3.52M
Deposit Account	$6.32M	$4.72M	$3.66M	$3.68M	$4.51M
Fiduciary and Trust	$10.11M	$9.64M	-	-	-
Insurance Agency Commissions	$5.44M	$4.40M	$3.46M	$3.12M	$2.92M
Investment Commissions	$1.98M	$2.18M	$2.28M	$1.53M	$1.41M
Fiduciary And Trust	-	-	$9.44M	$7.63M	$7.47M

Farmers National Banc's latest annual revenue breakdown by segment (product or service), as of Dec 23: Fiduciary and Trust (24.15%), Financial Service, Other (22.80%), Debit Card And Electronic Funds Transfer Fees (16.86%), Deposit Account (15.10%), Insurance Agency Commissions (13.00%), Investment Commissions (4.73%), and Retirement Plan Consulting Fees (3.36%).

Quarterly Revenue by Product

Product/Service	Mar 24	Dec 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19
Fiduciary and Trust	$2.79M	$5.27M	$2.25M	$2.59M	$2.37M	$2.37M	$2.38M	-	-	-	-	-	-	-	-	-	-	-	-	-
Debit Card And Electronic Funds Transfer Fees	$1.57M	$3.46M	$1.81M	$1.79M	$1.41M	$1.46M	$1.53M	$1.42M	$1.71M	$1.13M	$1.23M	$1.08M	$1.06M	$1.05M	$967.00K	$851.00K	$922.00K	$935.00K	$887.00K	$778.00K
Retirement Plan Consulting Fees	$334.00K	$717.00K	$382.00K	$307.00K	$337.00K	$332.00K	$323.00K	$397.00K	$378.00K	$334.00K	$389.00K	$320.00K	$394.00K	$341.00K	$408.00K	$380.00K	$343.00K	$338.00K	$450.00K	$358.00K
Investment Commissions	$432.00K	$1.11M	$476.00K	$393.00K	$508.00K	$424.00K	$557.00K	$694.00K	$611.00K	$638.00K	$523.00K	$504.00K	$450.00K	$353.00K	$304.00K	$423.00K	$435.00K	$384.00K	$327.00K	$260.00K
Financial Service, Other	$120.00K	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Insurance Agency Commissions	$1.53M	$2.66M	$1.33M	$1.46M	$1.13M	$1.14M	$1.09M	$1.05M	$708.00K	$799.00K	$948.00K	$1.00M	$776.00K	$784.00K	$681.00K	$883.00K	$696.00K	$681.00K	$739.00K	$803.00K
Deposit Account	$1.58M	$3.39M	$1.50M	$1.43M	$1.20M	$1.23M	$1.14M	$1.15M	$1.14M	$924.00K	$790.00K	$808.00K	$930.00K	$904.00K	$753.00K	$1.09M	$1.14M	$1.21M	$1.09M	$1.07M
Fiduciary And Trust	-	-	-	-	-	-	-	$2.52M	$2.51M	$2.33M	$2.36M	$2.24M	$1.95M	$1.97M	$1.85M	$1.86M	$1.89M	$1.91M	$1.82M	$1.86M

Farmers National Banc's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Fiduciary and Trust (33.42%), Deposit Account (18.94%), Debit Card And Electronic Funds Transfer Fees (18.75%), Insurance Agency Commissions (18.28%), Investment Commissions (5.17%), Retirement Plan Consulting Fees (4.00%), and Financial Service, Other (1.44%).

Farmers National Banc Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 22	Dec 21	Dec 20	Dec 19	Dec 18
Retirement Plan Consulting Fees	$1.39M	$1.42M	$1.52M	$1.49M	$1.68M
Debit Card And Electronic Funds Transfer Fees	$5.81M	$5.14M	$3.93M	$3.52M	$3.35M
Deposit Account	$4.72M	$3.66M	$3.68M	$4.51M	$4.25M
Fiduciary and Trust	$9.64M	-	-	-	-
Insurance Agency Commissions	$4.40M	$3.46M	$3.12M	$2.92M	$2.62M
Investment Commissions	$2.18M	$2.28M	$1.53M	$1.41M	$1.10M
Fiduciary And Trust	-	$9.44M	$7.63M	$7.47M	$7.13M

Farmers National Banc's latest annual revenue breakdown by geography, as of Dec 22: Fiduciary and Trust (34.25%), Debit Card And Electronic Funds Transfer Fees (20.66%), Deposit Account (16.76%), Insurance Agency Commissions (15.64%), Investment Commissions (7.76%), and Retirement Plan Consulting Fees (4.94%).

Farmers National Banc Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
QCRH	QCR	$547.38M	$153.50M
STBA	S&T Bancorp	$535.52M	$143.35M
PFBC	Preferred Bank	$481.76M	$129.45M
IBCP	Independent Bank	$294.56M	$83.22M
FMNB	Farmers National Banc	$255.20M	$66.58M
BSRR	Sierra Bancorp	$208.02M	$52.59M
BWFG	Bankwell Financial Group	$193.30M	$46.36M
CBAN	Colony Bankcorp	$160.55M	$44.69M
BSVN	Bank7	$130.79M	$37.16M
PKBK	Parke Bancorp	$118.56M	$32.84M
CZWI	Citizens Community Bancorp	$93.82M	$25.37M
FBIZ	First Business Financial Services	$89.23M	$50.94M
OVLY	Oak Valley Bancorp	$87.34M	$19.50M
OPOF	Old Point Financial	$80.28M	$21.99M
CWBC	Community West Bancshares	$61.39M	$27.26M
ECBK	ECB Bancorp	$55.83M	$9.81M
HFBL	Home Federal Bancorp, Inc. of Louisiana	$33.45M	$8.04M

FMNB Revenue FAQ

What is Farmers National Banc’s yearly revenue?

Farmers National Banc's yearly revenue for 2023 was $255.2M, representing an increase of 60.63% compared to 2022. The company's yearly revenue for 2022 was $158.87M, representing an increase of 12.44% compared to 2021. FMNB's yearly revenue for 2021 was $141.29M, representing an increase of 14.64% compared to 2020.

What is Farmers National Banc’s quarterly revenue?

Farmers National Banc's quarterly revenue for Q2 2024 was $66.58M, a 4.99% increase from the previous quarter (Q1 2024), and a 51.30% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $63.41M, a -5.67% decrease from the previous quarter (Q4 2023), and a 64.98% increase year-over-year (Q1 2023). FMNB's quarterly revenue for Q4 2023 was $67.22M, a 54.19% increase from the previous quarter (Q3 2023), and a 80.63% increase year-over-year (Q4 2022).

What is Farmers National Banc’s revenue growth rate?

Farmers National Banc's revenue growth rate for the last 3 years (2021-2023) was 80.62%, and for the last 5 years (2019-2023) was 136.36%.

What are Farmers National Banc’s revenue streams?

Farmers National Banc's revenue streams in c 23 are Retirement Plan Consulting Fees, Financial Service, Other, Debit Card And Electronic Funds Transfer Fees, Deposit Account, Fiduciary and Trust, Insurance Agency Commissions, and Investment Commissions. Retirement Plan Consulting Fees generated $1.41M in revenue, accounting 3.36% of the company's total revenue, up 1.22% year-over-year. Financial Service, Other generated $9.54M in revenue, accounting 22.80% of the company's total revenue Debit Card And Electronic Funds Transfer Fees generated $7.06M in revenue, accounting 16.86% of the company's total revenue, up 21.41% year-over-year. Deposit Account generated $6.32M in revenue, accounting 15.10% of the company's total revenue, up 34.05% year-over-year. Fiduciary and Trust generated $10.11M in revenue, accounting 24.15% of the company's total revenue, up 4.88% year-over-year. Insurance Agency Commissions generated $5.44M in revenue, accounting 13.00% of the company's total revenue, up 23.67% year-over-year. Investment Commissions generated $1.98M in revenue, accounting 4.73% of the company's total revenue, down -9.39% year-over-year.

What is Farmers National Banc’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Farmers National Banc was Fiduciary and Trust. This segment made a revenue of $10.11M, representing 24.15% of the company's total revenue.