Farmers National Q2 EPS $0.31 (adjusted $0.33); net income $11.8M; loan growth 7% annualized

FARMERS NATIONAL BANC CORP /OH/

2024-Q2 EPS reported $0.61 revenue$129,863,000

Net income $11.8M ($0.31 diluted EPS) vs $15.0M ($0.40) in Q2 2023; adjusted net income $12.2M ($0.33).
Loan growth $56.1M (7% annualized) to $3.24B; total deposits flat at $4.21B.
Net interest margin 2.71% vs 2.92% a year ago; net interest income $32.1M vs $34.6M.
Non-performing loans to total loans 0.40%; provision for credit losses $1.1M primarily from loan growth.
Company reaffirms 2024 loan growth guidance of ~1.5%-2% despite strong Q2 growth.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.