FMNB - Farmers National Banc Corp.: A Big Winning Trade Mixed Q4 Results
2024-01-24 13:51:50 ET
Summary
- A trade was outlined for public consumption in October, returning 25%.
- Q4 metrics for the bank were mixed, with deposits declining slightly but loan growth and revenues increasing.
- The bank has strong asset quality and profitability, but there are concerns about the impact of the current economy on customers.
- Embrace the house-position approach and collect income.
Back in October, we outlined a very clear trade on Farmers National Banc Corp. ( FMNB ). We showed you the entries and rate shares as a buy for a trade and to collect income. The target exit was hit, and one of the things that we like to teach in our investing group is rolling trading gains into a so-called house position....
Farmers National Banc Corp.: A Big Winning Trade, Mixed Q4 Results