Farmers National Banc Corp. Declares Quarterly Cash Dividend

Rhea-AI Summary

Farmers National Banc Corp. (NASDAQ: FMNB) declared a quarterly cash dividend of $0.17 per share, marking a 6.25% increase year-over-year. The record date for the dividend is March 10, 2023, and it will be payable on March 31, 2023. Founded in 1887, Farmers National Banc Corp. has $4.1 billion in banking assets and operates through its wholly-owned subsidiaries, including The Farmers National Bank of Canfield and Farmers Trust Company, which offers comprehensive banking and wealth management services.

Positive

• Quarterly cash dividend increased by 6.25% year-over-year.
• Dividend payment of $0.17 demonstrates strong financial performance.

Negative

• None.

Quarterly Cash Dividend Payment Increased 6.25% Year-over-Year

CANFIELD, Ohio--(BUSINESS WIRE)-- On February 28, 2023, the Board of Directors of the Farmers National Banc Corp. (NASDAQ: FMNB) declared a quarterly cash dividend of $0.17 per share, representing a 6.25% increase over the same period last year. The common stock cash dividend will have a record date of March 10, 2023, and is payable to shareholders on March 31, 2023.

ABOUT FARMERS NATIONAL BANC CORP.

Founded in 1887, Farmers National Banc Corp. is a diversified financial services company headquartered in Canfield, Ohio, with $4.1 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 65 banking locations in Mahoning, Trumbull, Columbiana, Portage, Stark, Wayne, Medina, Geauga and Cuyahoga Counties in Ohio and Beaver, Butler, Allegheny, Jefferson, Clarion, Venango, Clearfield, Mercer, Elk and Crawford Counties in Pennsylvania, and Farmers Trust Company, which operates five trust offices and offers services in the same geographic markets. Total wealth management assets under care at December 31, 2022 are $3.0 billion. Farmers National Insurance, LLC, a wholly-owned subsidiary of The Farmers National Bank of Canfield, offers a variety of insurance products.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230227005903/en/

Amber Wallace

Executive Vice President, Chief Retail/Marketing Officer

330-720-6441

awallace@farmersbankgroup.com

Source: Farmers National Banc Corp.

FAQ

What is the dividend amount for FMNB in 2023?

The dividend amount for FMNB is $0.17 per share.

When is the dividend payment date for FMNB?

The dividend payment date for FMNB is March 31, 2023.

What was the year-over-year increase in FMNB's dividend?

FMNB's dividend increased by 6.25% year-over-year.

What is the record date for FMNB's dividend?

The record date for FMNB's dividend is March 10, 2023.