Filing Flows › Farmers National Banc (FMNB) › Q1 2026
Farmers National Banc (FMNB) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 7, 2026
Farmers National Banc (FMNB) reported revenue of $80.8M for the first quarter 2026 (Q1 2026), +19% from a year earlier and +13% from the quarter before. Operating margin was 24.7%, net earnings $16.3M (20.1% of revenue).
Farmers National Banc, Q1 2026: revenue $80.8M (+19% year over year), operating margin 24.7%, net earnings $16.3M, operating cash flow $7.6M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $80.8M | +13% | +19% |
| Operating profit | $20.0M | +13% | +22% |
| Net earnings | $16.3M | +11% | +20% |
| Operating cash flow | $7.6M | -61% | -52% |
| Free cash flow | $7.1M | -62% | -42% |
What changed
Revenue was $80.8M in Q1 2026, up 19% year over year and up 13% from the previous quarter.
Operating profit was $20.0M, a 24.7% margin (up 0.6 points year over year). Of the extra revenue versus Q1 2025, 28% reached operating profit, above the 24% margin then. Total costs grew 18% against revenue growth of 19%. Net earnings were $16.3M, up 20% year over year. The effective tax rate was 18.6%.
Operating cash flow was $7.6M (down 52% year over year), 47% of net earnings. Non-cash charges added back $2.0M of depreciation and amortization and $662K of share-based compensation. Working capital and other items used $11.4M. Capital expenditures of $507K left free cash flow of $7.1M.
Questions
What was Farmers National Banc's revenue in the first quarter 2026?
Farmers National Banc (FMNB) reported revenue of $80.8M for the first quarter 2026 (Q1 2026), +19% from a year earlier and +13% from the quarter before.
Was Farmers National Banc profitable in the first quarter 2026?
Operating profit was $20.0M (24.7% of revenue) and net earnings $16.3M.