Farmers National Banc Corp. Declares Quarterly Cash Dividend

Rhea-AI Summary

On May 25, 2021, Farmers National Banc Corp. (NASDAQ: FMNB) declared a quarterly cash dividend of $0.11 per share. The record date for this dividend is June 11, 2021, with payment scheduled for June 30, 2021. Farmers National Banc Corp., founded in 1887, operates as a diversified financial services company, holding $3.3 billion in banking assets. Its subsidiaries include The Farmers National Bank of Canfield, Farmers Trust Company, and Farmers National Insurance, which collectively manage $2.9 billion in wealth management assets as of March 31, 2021.

Positive

• Quarterly cash dividend of $0.11 per share announced, reflecting shareholder income.
• Strong asset base with $3.3 billion in banking assets supports financial stability.
• Total wealth management assets of $2.9 billion indicate significant market confidence.

Negative

• None.

On May 25, 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 June 11, 2021 and is payable to shareholders on June 30, 2021.

ABOUT FARMERS NATIONAL BANC CORP.

Founded in 1887, Farmers National Banc Corp. is a diversified financial services company headquartered in Canfield, Ohio, with $3.3 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 March 31, 2021 were $2.9 billion.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210525005950/en/

FAQ

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

Farmers National Banc Corp. declared a quarterly cash dividend of $0.11 per share.

When will the dividend be paid to shareholders?

The dividend will be payable to shareholders on June 30, 2021.

What is the record date for the dividend?

The record date for the dividend is June 11, 2021.

What are the total banking assets of Farmers National Banc Corp.?

Farmers National Banc Corp. has total banking assets of $3.3 billion.

How much wealth management assets does Farmers National Banc Corp. manage?

As of March 31, 2021, Farmers National Banc Corp. manages $2.9 billion in wealth management assets.