Farmers National Banc vs Midland States Bancorp
Midland States Bancorp is the larger business, with $325m of revenue in fiscal 2025 against $280m for Farmers National Banc (1.2 times as much). Farmers National Banc grew faster (3.9% against -13.4%). Farmers National Banc kept more of each dollar of sales as profit: a net margin of 19.5% against -38.2%.
| Latest fiscal year | Farmers National BancFMNB, 2025 | Midland States BancorpMSBI, 2025 |
|---|---|---|
| Revenue | $280m | $325m |
| Revenue growth | 3.9% | -13.4% |
| Net income | $54.6m | −$124m |
| Operating margin | — | — |
| Net margin | 19.5% | -38.2% |
| Return on equity | 12.2% | -19.5% |
| Free cash flow | $52.2m | $120m |
| Cash | — | $128m |
| Total debt | $368m | $60.2m |
| Debt to equity | — | — |
| Dividend per share | $0.68 | $1.26 |
| Dividend yield | 3.1% | 4.0% |
| Share buybacks | $0 | $9.7m |
| Employees | 706 | 861 |
| Market value | $923m | $695m |
| Price vs our value range | — | — |
| Moat score | 66 (Moderate) | 50 (Moderate) |
| Insider trades, 12 months | 8 buys, 2 sales | 7 buys, 5 sales |