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Is Farmers National Banc (FMNB) Stock Outpacing Its Finance Peers This Year?

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Investors focused on the Finance space have likely heard of Farmers National Banc (FMNB - Free Report) , but is the stock performing well in comparison to the rest of its sector peers? One simple way to answer this question is to take a look at the year-to-date performance of FMNB and the rest of the Finance group's stocks.

Farmers National Banc is one of 826 companies in the Finance group. The Finance group currently sits at #10 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.

The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. FMNB is currently sporting a Zacks Rank of #2 (Buy).

The Zacks Consensus Estimate for FMNB's full-year earnings has moved 0.88% higher within the past quarter. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.

Based on the latest available data, FMNB has gained about 13.56% so far this year. Meanwhile, stocks in the Finance group have lost about 1.75% on average. This shows that Farmers National Banc is outperforming its peers so far this year.

To break things down more, FMNB belongs to the Banks - Midwest industry, a group that includes 30 individual companies and currently sits at #64 in the Zacks Industry Rank. This group has gained an average of 11.02% so far this year, so FMNB is performing better in this area.

FMNB will likely be looking to continue its solid performance, so investors interested Finance stocks should continue to pay close attention to the company.


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