Farmers National Banc (FMNB) Tops Q3 EPS by 3c
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Farmers National Banc Corp. Announces Earnings for Third Quarter of 2023
October 25, 2023 8:00 AM EDTEarnings per diluted share of $0.36 ($0.40 excluding certain items, non-GAAP) for the third quarter of 2023 163 consecutive quarters of profitability Purchased hedges to improve asset sensitivity Additional FHLB borrowing capacity of $892.6 million as of September 30, 2023 Available for sale securities not pledged totaled $353.8 million at September 30, 2023 Strong asset quality with non-performing asset to total assets of 0.58% as of September 30, 2023 Return on average assets of 1.06% for the third quarter of 2023 ROAE and ROATE (non-GAAP) of 14.5% and 30.3%, respectively, for the third quarter of 2023
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