Farmers National Banc Corp. Declares Quarterly Cash Dividend

Rhea-AI Summary

On February 23, 2021, Farmers National Banc Corp. (NASDAQ: FMNB) declared a quarterly cash dividend of $0.11 per share. The dividend's record date is March 12, 2021, with payment to shareholders scheduled for March 31, 2021. The company, founded in 1887 and headquartered in Canfield, Ohio, has $3 billion in banking assets and operates numerous banking locations across Ohio and Pennsylvania. As of December 31, 2020, total wealth management assets under care stood at $2.8 billion.

Positive

• Quarterly cash dividend of $0.11 per share enhances shareholder income.
• Strong asset base with $3 billion in banking assets indicates financial stability.
• Wealth management assets under care reached $2.8 billion, demonstrating robust financial services.

Negative

• None.

On February 23, 2021, the Board of Directors of the Farmers National Banc Corp. (NASDAQ: FMNB) declared a quarterly cash dividend of $0.11 per share. The common stock cash dividend will have a record date of March 12, 2021 and is payable to shareholders on March 31, 2021.

ABOUT FARMERS NATIONAL BANC CORP.

Founded in 1887, Farmers National Banc Corp. is a diversified financial services company headquartered in Canfield, Ohio, with $3 billion in banking assets. Farmers National Banc Corp.’s wholly-owned subsidiaries are comprised of The Farmers National Bank of Canfield, a full-service national bank engaged in commercial and retail banking with 41 banking locations in Mahoning, Trumbull, Columbiana, Stark, Wayne, Medina, Geauga and Cuyahoga Counties in Ohio and Beaver County in Pennsylvania; Farmers Trust Company, which operates five trust offices and offers services in the same geographic markets and Farmers National Insurance, LLC. Total wealth management assets under care at December 31, 2020 were $2.8 billion.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210223006015/en/

FAQ

What is the dividend amount declared by Farmers National Banc Corp. in February 2021?

Farmers National Banc Corp. declared a quarterly cash dividend of $0.11 per share on February 23, 2021.

When is the record date for the dividend payment from Farmers National Banc Corp.?

The record date for the dividend payment is March 12, 2021.

When will shareholders receive the dividend payment for Farmers National Banc Corp.?

Shareholders will receive the dividend payment on March 31, 2021.

How much are the total wealth management assets under care for Farmers National Banc Corp.?

Total wealth management assets under care amounted to $2.8 billion as of December 31, 2020.