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Side-by-side financial comparison of FARMERS NATIONAL BANC CORP (FMNB) and Ramaco Resources, Inc. (METC). Click either name above to swap in a different company.

Ramaco Resources, Inc. is the larger business by last-quarter revenue ($121.0M vs $71.5M, roughly 1.7× FARMERS NATIONAL BANC CORP). FARMERS NATIONAL BANC CORP runs the higher net margin — 20.5% vs -11.0%, a 31.5% gap on every dollar of revenue. On growth, FARMERS NATIONAL BANC CORP posted the faster year-over-year revenue change (3.2% vs -27.7%). FARMERS NATIONAL BANC CORP produced more free cash flow last quarter ($52.2M vs $-17.5M). Over the past eight quarters, FARMERS NATIONAL BANC CORP's revenue compounded faster (6.2% CAGR vs -22.7%).

Farmers National Banc Corp (OH) is a regional financial holding company based in Ohio, the United States. It offers full-spectrum retail and commercial banking products, wealth management solutions, and insurance services, primarily catering to individual consumers, small and medium-sized enterprises, and local community clients in Ohio and adjacent Midwestern U.S. regions.

Ramaco Resources, Inc. is a U.S.-based mining company focused on high-grade metallurgical coal production. It operates mining assets across the Appalachian region, supplying products to global steel manufacturing and industrial clients, with core operations centered on sustainable low-cost metallurgical coal extraction and distribution.

FMNB vs METC — Head-to-Head

Bigger by revenue
METC
METC
1.7× larger
METC
$121.0M
$71.5M
FMNB
Growing faster (revenue YoY)
FMNB
FMNB
+30.9% gap
FMNB
3.2%
-27.7%
METC
Higher net margin
FMNB
FMNB
31.5% more per $
FMNB
20.5%
-11.0%
METC
More free cash flow
FMNB
FMNB
$69.7M more FCF
FMNB
$52.2M
$-17.5M
METC
Faster 2-yr revenue CAGR
FMNB
FMNB
Annualised
FMNB
6.2%
-22.7%
METC

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
FMNB
FMNB
METC
METC
Revenue
$71.5M
$121.0M
Net Profit
$14.6M
$-13.3M
Gross Margin
15.8%
Operating Margin
24.8%
-12.0%
Net Margin
20.5%
-11.0%
Revenue YoY
3.2%
-27.7%
Net Profit YoY
1.7%
-5468.2%
EPS (diluted)
$0.39

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
FMNB
FMNB
METC
METC
Q4 25
$71.5M
Q3 25
$70.8M
$121.0M
Q2 25
$69.8M
$153.0M
Q1 25
$67.8M
$134.7M
Q4 24
$69.3M
$170.9M
Q3 24
$70.3M
$167.4M
Q2 24
$66.5M
$155.3M
Q1 24
$63.4M
$172.7M
Net Profit
FMNB
FMNB
METC
METC
Q4 25
$14.6M
Q3 25
$12.5M
$-13.3M
Q2 25
$13.9M
$-14.0M
Q1 25
$13.6M
$-9.5M
Q4 24
$14.4M
$3.9M
Q3 24
$8.5M
$-239.0K
Q2 24
$11.8M
$5.5M
Q1 24
$11.2M
$2.0M
Gross Margin
FMNB
FMNB
METC
METC
Q4 25
Q3 25
15.8%
Q2 25
12.3%
Q1 25
15.2%
Q4 24
20.4%
Q3 24
19.5%
Q2 24
21.0%
Q1 24
19.1%
Operating Margin
FMNB
FMNB
METC
METC
Q4 25
24.8%
Q3 25
20.7%
-12.0%
Q2 25
23.4%
-9.1%
Q1 25
24.1%
-8.9%
Q4 24
25.5%
3.7%
Q3 24
14.4%
1.0%
Q2 24
21.3%
3.5%
Q1 24
21.2%
1.9%
Net Margin
FMNB
FMNB
METC
METC
Q4 25
20.5%
Q3 25
17.6%
-11.0%
Q2 25
19.9%
-9.1%
Q1 25
20.0%
-7.0%
Q4 24
20.8%
2.3%
Q3 24
12.1%
-0.1%
Q2 24
17.7%
3.6%
Q1 24
17.7%
1.2%
EPS (diluted)
FMNB
FMNB
METC
METC
Q4 25
$0.39
Q3 25
$0.33
Q2 25
$0.37
Q1 25
$0.36
Q4 24
$0.38
$0.06
Q3 24
$0.23
$-0.03
Q2 24
$0.31
$0.08
Q1 24
$0.30
$0.00

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FMNB
FMNB
METC
METC
Cash + ST InvestmentsLiquidity on hand
$193.8M
Total DebtLower is stronger
$86.7M
$116.3M
Stockholders' EquityBook value
$485.7M
$526.9M
Total Assets
$5.2B
$849.7M
Debt / EquityLower = less leverage
0.18×
0.22×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FMNB
FMNB
METC
METC
Q4 25
Q3 25
$193.8M
Q2 25
$28.1M
Q1 25
$43.5M
Q4 24
$33.0M
Q3 24
$22.9M
Q2 24
$27.6M
Q1 24
$30.5M
Total Debt
FMNB
FMNB
METC
METC
Q4 25
$86.7M
Q3 25
$86.6M
$116.3M
Q2 25
$86.4M
Q1 25
$86.3M
Q4 24
$86.2M
$88.2M
Q3 24
$86.0M
Q2 24
$88.9M
Q1 24
$88.8M
Stockholders' Equity
FMNB
FMNB
METC
METC
Q4 25
$485.7M
Q3 25
$465.9M
$526.9M
Q2 25
$437.7M
$347.4M
Q1 25
$429.1M
$355.2M
Q4 24
$406.0M
$362.8M
Q3 24
$439.7M
$361.8M
Q2 24
$396.7M
$366.1M
Q1 24
$397.0M
$372.3M
Total Assets
FMNB
FMNB
METC
METC
Q4 25
$5.2B
Q3 25
$5.2B
$849.7M
Q2 25
$5.2B
$674.6M
Q1 25
$5.2B
$685.7M
Q4 24
$5.1B
$674.7M
Q3 24
$5.2B
$645.4M
Q2 24
$5.2B
$659.2M
Q1 24
$5.1B
$674.0M
Debt / Equity
FMNB
FMNB
METC
METC
Q4 25
0.18×
Q3 25
0.19×
0.22×
Q2 25
0.20×
Q1 25
0.20×
Q4 24
0.21×
0.24×
Q3 24
0.20×
Q2 24
0.22×
Q1 24
0.22×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FMNB
FMNB
METC
METC
Operating Cash FlowLast quarter
$60.0M
$-1.4M
Free Cash FlowOCF − Capex
$52.2M
$-17.5M
FCF MarginFCF / Revenue
73.0%
-14.5%
Capex IntensityCapex / Revenue
11.0%
13.3%
Cash ConversionOCF / Net Profit
4.10×
TTM Free Cash FlowTrailing 4 quarters
$85.8M
$-24.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FMNB
FMNB
METC
METC
Q4 25
$60.0M
Q3 25
$10.7M
$-1.4M
Q2 25
$14.0M
$-4.3M
Q1 25
$15.7M
$26.0M
Q4 24
$66.6M
$15.7M
Q3 24
$23.9M
$37.4M
Q2 24
$16.6M
$34.4M
Q1 24
$13.7M
$25.2M
Free Cash Flow
FMNB
FMNB
METC
METC
Q4 25
$52.2M
Q3 25
$9.0M
$-17.5M
Q2 25
$12.4M
$-19.8M
Q1 25
$12.2M
$7.6M
Q4 24
$54.9M
$5.1M
Q3 24
$20.4M
$25.6M
Q2 24
$14.4M
$20.3M
Q1 24
$12.2M
$6.5M
FCF Margin
FMNB
FMNB
METC
METC
Q4 25
73.0%
Q3 25
12.8%
-14.5%
Q2 25
17.8%
-13.0%
Q1 25
18.0%
5.6%
Q4 24
79.2%
3.0%
Q3 24
29.1%
15.3%
Q2 24
21.6%
13.1%
Q1 24
19.2%
3.7%
Capex Intensity
FMNB
FMNB
METC
METC
Q4 25
11.0%
Q3 25
2.4%
13.3%
Q2 25
2.3%
10.2%
Q1 25
5.2%
13.7%
Q4 24
16.9%
6.2%
Q3 24
4.9%
7.0%
Q2 24
3.3%
9.1%
Q1 24
2.4%
10.8%
Cash Conversion
FMNB
FMNB
METC
METC
Q4 25
4.10×
Q3 25
0.86×
Q2 25
1.01×
Q1 25
1.15×
Q4 24
4.63×
4.06×
Q3 24
2.80×
Q2 24
1.41×
6.21×
Q1 24
1.22×
12.40×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

FMNB
FMNB

Segment breakdown not available.

METC
METC

Export Coal Revenues$73.0M60%
Domestic Coal Revenues$48.0M40%

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