--- title: "Is Farmers National Banc (FMNB) Pricing Reflect Its Excess Returns And Regional Banking Headlines" type: "News" locale: "en" url: "https://longbridge.com/en/news/284066211.md" description: "Farmers National Banc (FMNB) is currently priced at around $14.04, showing a 0.9% decline over the past week but an 8.9% return over 30 days. The stock is considered undervalued by 61.1% based on an Excess Returns analysis, which estimates an intrinsic value of $36.05 per share. Additionally, FMNB's P/E ratio of 14.52x is above the industry average, indicating it may be undervalued compared to its fair ratio of 17.21x. Recent discussions have focused on regional banking trends affecting the stock's performance." datetime: "2026-04-25T02:04:53.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/284066211.md) - [en](https://longbridge.com/en/news/284066211.md) - [zh-HK](https://longbridge.com/zh-HK/news/284066211.md) --- # Is Farmers National Banc (FMNB) Pricing Reflect Its Excess Returns And Regional Banking Headlines - If you are wondering whether Farmers National Banc at around US$14.04 is offering fair value right now, you are not alone. - The stock has been relatively steady over the past week with a 0.9% decline, yet it shows an 8.9% return over 30 days, 5.8% year to date, 12.8% over 1 year, 39.6% over 3 years, and 6.2% over 5 years. - Recent news coverage has focused on Farmers National Banc as part of broader discussions around regional banks, touching on topics such as credit quality, deposit trends, and capital strength. These themes give context to the mixed shorter term and longer term returns you see in the share price. - Simply Wall St currently assigns Farmers National Banc a valuation score of 3/6, which reflects outcomes across several checks. The sections that follow will compare different valuation methods before circling back to an even more holistic way to think about what this stock might be worth. Find out why Farmers National Banc's 12.8% return over the last year is lagging behind its peers. ## Approach 1: Farmers National Banc Excess Returns Analysis The Excess Returns model looks at how much profit a company is expected to earn over and above the return that shareholders require, then adds that value to the underlying book value per share. It is essentially asking how efficiently each dollar of equity is being used, after accounting for the cost of that equity. For Farmers National Banc, the model starts with a Book Value of $12.95 per share and a Stable Book Value estimate of $14.27 per share, based on weighted future book value estimates from 3 analysts. Using a Stable EPS of $1.79 per share, sourced from the median return on equity from the past 5 years, and a Cost of Equity of $1.00 per share, the implied Excess Return is $0.79 per share. This aligns with an Average Return on Equity of 12.52%. Combining these inputs, Simply Wall St's Excess Returns model arrives at an intrinsic value estimate of about $36.05 per share. Versus the current share price of around $14.04, the implied intrinsic discount of 61.1% suggests the shares are treated as materially undervalued by this framework. **Result: UNDERVALUED** Our Excess Returns analysis suggests Farmers National Banc is undervalued by 61.1%. Track this in your watchlist or portfolio, or discover 56 more high quality undervalued stocks. FMNB Discounted Cash Flow as at Apr 2026 Head to the Valuation section of our Company Report for more details on how we arrive at this Fair Value for Farmers National Banc. ## Approach 2: Farmers National Banc Price vs Earnings For profitable companies, the P/E ratio is often the cleanest way to connect what you pay today with the earnings the business is currently generating. It tells you how many dollars investors are willing to pay for each dollar of earnings. What counts as a "normal" P/E depends on what the market expects from a company and how risky those earnings appear. Higher expected growth and lower perceived risk can support a higher P/E, while lower growth or higher risk usually call for a lower multiple. Farmers National Banc currently trades on a P/E of 14.52x. That is above both the Banks industry average P/E of 11.71x and the peer group average of 11.84x. Simply Wall St also calculates a proprietary “Fair Ratio” of 17.21x for Farmers National Banc, which reflects factors such as its earnings profile, industry, profit margins, market cap and risk characteristics. This Fair Ratio can be more informative than a simple comparison with peers, because it adjusts for company specific features rather than treating all banks as identical. Comparing the current P/E of 14.52x with the Fair Ratio of 17.21x indicates that the shares are pricing in a lower multiple than this framework would suggest. **Result: UNDERVALUED** NasdaqCM:FMNB P/E Ratio as at Apr 2026 P/E ratios tell one story, but what if the real opportunity lies elsewhere? Start investing in legacies, not executives. Discover our 18 top founder-led companies. ## Upgrade Your Decision Making: Choose your Farmers National Banc Narrative Earlier it was mentioned that there is an even better way to understand valuation, so Narratives are introduced here as a simple tool that lets you attach a clear story about Farmers National Banc to your own numbers, including your fair value and your expectations for future revenue, earnings and margins. You can then link that story to a financial forecast and a fair value on Simply Wall St's Community page that is used by millions of investors. This helps you compare your Fair Value to the current share price, see when your story suggests it may be attractive or expensive, and keep that view updated automatically whenever fresh news or earnings arrive. Two investors looking at the same Farmers National Banc data might publish very different Narratives and fair values based on their own assumptions, even though they are starting from the same set of numbers. Do you think there's more to the story for Farmers National Banc? Head over to our Community to see what others are saying! NasdaqCM:FMNB 1-Year Stock Price Chart _This article by Simply Wall St is general in nature. **We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice.** It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned._ ### **New:** AI Stock Screener & Alerts Our new AI Stock Screener scans the market every day to uncover opportunities. • Dividend Powerhouses (3%+ Yield) • Undervalued Small Caps with Insider Buying • High growth Tech and AI Companies Or build your own from over 50 metrics. 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