Earnings report
Farmers National Bancorp
Farmers National Banc Corp., headquartered in Canfield, reported on Wednesday net income of $16.3 million, or $0.36 per diluted share, for the first quarter of 2026 compared to $13.6 million, or $0.36 per diluted share, for the first quarter of 2025.
Net income in the first quarter of 2026 included $4 million related to the acquisition of Middlefield Banc Corp. and core conversion costs. Excluding these items, adjusted net income for the first quarter of 2026 was $20 million, or $0.45 per diluted share.
Farmers has reported 173 consecutive quarters of profitability, the company said.
“Farmers is off to a solid start in 2026, highlighted by the successful completion of the Middlefield acquisition and continued strength across our core Ohio and Pennsylvania markets,” said Kevin J. Helmick, Farmers president and CEO. “We are focused on successfully integrating Middlefield into our operations and completing our core technology conversion, both of which are expected to be completed in the third quarter of 2026.
“In addition, we are well positioned to capitalize on our expanded presence in Columbus, Ohio, as a result of recent investments and the Middlefield acquisition. Combined, we believe these actions position Farmers for continued profitable growth and value creation.”
Total assets increased to $7.18 billion at March 31 from $5.25 billion at Dec. 31, primarily due to the Middlefield acquisition which added $1.82 billion in assets,the company said. Total loans, net of allowance, increased to $4.75 billion at March 31, from $3.27 billion at Dec. 31. Middlefield added $1.49 billion in total loans at the date of closing.
F.N.B. Corp.
F.N.B. Corp., which operates branches in the Mahoning Valley, reported first quarter earnings with net income of $137 million, or $0.38 per diluted common share.
Comparatively, first quarter 2025 net income totaled $116.5 million, or $0.32 per diluted common share, and fourth quarter of 2025 net income totaled $168.7 million, or $0.47 per diluted common share.
On an operating basis, there were no significant items impacting earnings for the first quarters of 2026 and 2025, the Pittsburgh-based company reported on April 16. By comparison, fourth quarter 2025 earnings per diluted common share on an operating basis (non-GAAP) was $0.50, excluding $16.6 million (pre-tax) of significant items impacting earnings.
“F.N.B. Corporation’s first quarter earnings increased 19% from the year-ago quarter to $0.38 per diluted common share. Pre-provision net revenue (non-GAAP) increased 17% as we generated positive operating leverage of 5% with continued solid non-interest income generation and growth in net interest income,” said Vincent J. Delie, Jr., F.N.B. Corp. chairman, president and chief executive officer.
“Our company’s sustained superior financial performance, investments in a resilient risk management framework and a strong balance sheet have provided F.N.B. with flexibility to efficiently deploy capital to benefit our shareholders.”
As previously announced, F.N.B increased its quarterly cash dividend 8% to $0.13 per share and authorized a new share repurchase program with a total of $300 million now available for repurchase.
WesBanco Inc.
WesBanco Inc., a diversified, multistate bank holding company, announced April 21 its net income and related earnings per share for the three months ended March 31.
Net income available to common shareholders for the first quarter of 2026 was $84.4 million, with diluted earnings per share of $0.88, compared to a loss of $11.5 million and $(0.15) per diluted share, respectively, for the first quarter of 2025. The first quarter of 2025 includes the impact of a day one provision for credit losses and other expenses related to the closing of the Premier Financial Corp. acquisition on Feb. 28, 2025.
WesBanco reported $0.91 of earnings per diluted share, in the first quarter, as compared to $0.66 in the prior year period, when excluding after-tax restructuring and merger-related expenses and after-tax day one provision for credit losses on acquired loans (non-GAAP measures).
WesBanco’s balance sheet, as of March 31, reflects organic growth and the impact of elevated commercial real estate payoffs. Total assets increased 0.3% year-over-year to $27.5 billion, including total portfolio loans of $19.1 billion and total securities of $4.4 billion.
Total portfolio loans increased 2.2% year-over-year due to organic growth of $667 million offset by higher commercial real estate payoffs of $258 million. As anticipated, commercial real estate payoffs continued to remain elevated and totaled approximately $340 million during the first quarter of 2026, consistent with the elevated quarterly levels incurred during the second half of 2025.
Huntington Bancshares
Huntington Bancshares Inc. on Thursday reported first-quarter net income of $523 million.
The bank, based in Columbus, said it had earnings of 25 cents per share. Earnings, adjusted for costs related to mergers and acquisitions and non-recurring costs, were 37 cents per share.
The results exceeded Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 36 cents per share.
The regional bank holding company posted revenue of $3.77 billion in the period. Its revenue net of interest expense was $2.59 billion, meeting Street forecasts.
Huntington’s board declared quarterly cash dividends on the company’s common stock and six series of preferred stock.
The quarterly cash dividend on common stock will be 15.5 cents per common share, unchanged from the prior quarter and payable July 1 to shareholders of record June 17. The quarterly cash dividends on the following preferred stocks will be payable July 15 to shareholders of record July 1, unless otherwise noted.


