Farmers National Banc Corp. reported net income of $14.4 million, or $0.38 per diluted share, for the fourth quarter ended December 31, 2024. This compares to net income of $14.6 million, or $0.39 per diluted share, for the same period in 2023. The company's non-GAAP net income for Q4 2024 was $14.5 million, or $0.39 per diluted share, excluding certain pretax items.
For the full fiscal year 2024, Farmers National Banc reported total revenue of US$162.1 million. This figure represents a 4.9% decrease compared to the prior year, indicating a slight contraction in overall top-line performance.
The earnings report provides a comprehensive overview of the company's financial health and operational efficiency. Investors will analyze these figures to understand the bank's trajectory and its ability to generate consistent returns amidst market conditions.
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