Filing Flows › Farmers National Banc (FMNB) › Q1 2025
Farmers National Banc (FMNB) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 8, 2025
Farmers National Banc (FMNB) reported revenue of $67.8M for the first quarter 2025 (Q1 2025), +7% from a year earlier and -2% from the quarter before. Operating margin was 24.1%, net earnings $13.6M (20.0% of revenue).
Farmers National Banc, Q1 2025: revenue $67.8M (+7% year over year), operating margin 24.1%, net earnings $13.6M, operating cash flow $15.7M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $67.8M | -2% | +7% |
| Operating profit | $16.4M | -8% | +22% |
| Net earnings | $13.6M | -6% | +21% |
| Operating cash flow | $15.7M | +26% | +14% |
| Free cash flow | $12.2M | +53% | +0.1% |
What changed
Revenue was $67.8M in Q1 2025, up 7% year over year and down 2% from the previous quarter.
Operating profit was $16.4M, a 24.1% margin (up 2.9 points year over year). Of the extra revenue versus a year earlier, 66% reached operating profit, above the 21% margin then. Total costs grew 3% against revenue growth of 7%. Net earnings were $13.6M, up 21% year over year. The effective tax rate was 17.0%.
Operating cash flow was $15.7M (up 14% year over year), 115% of net earnings. Non-cash charges added back $1.6M of depreciation and amortization and $642K of share-based compensation. Capital expenditures of $3.5M left free cash flow of $12.2M.
Questions
What was Farmers National Banc's revenue in the first quarter 2025?
Farmers National Banc (FMNB) reported revenue of $67.8M for the first quarter 2025 (Q1 2025), +7% from a year earlier and -2% from the quarter before.
Was Farmers National Banc profitable in the first quarter 2025?
Operating profit was $16.4M (24.1% of revenue) and net earnings $13.6M.