FMNB
Farmers National Banc Corp.
FMNB has slightly lower modeled downside risk, despite its lower overall score.
GS
The Goldman Sachs Group, Inc.
GS has the edge over FMNB overall, supported by stronger fundamentals and stronger valuation.
FMNB Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Healthy | |
| N/A | |
| N/A |
FMNB's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like FMNB.
GS Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| N/A | |
| N/A |
GS's revenue and profitability are currently strong. Free cash flow and net leverage aren't meaningful measures for financial services companies like GS.
FMNB PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 8.4x | $11.73 | -24% |
| Forward | 8.9x | $15.46 | — |
| Fair | 9.4x | $13.07 | -15% |
| Expensive | 11x | $15.07 | -2.5% |
| Current | 11x | $15.46 | — |
Historical ranges are pointers, not guarantees.
FMNB has the edge over GS in the historical PE scenario, which offers more potential upside but is not a forecast.
GS PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 7.6x | $528 | -42% |
| Current | 13x | $914 | — |
| Forward | 13x | $914 | — |
| Fair | 14x | $940 | +2.9% |
| Expensive | 17x | $1,214 | +33% |
Historical ranges are pointers, not guarantees.
GS's PE is 13x, but its earnings don't support one, so it isn't a reliable read right now.
FMNB Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Growth | |
| Improving | |
| Limited | |
| Moderate |
FMNB has the edge over GS on the outlook, with more favorable valuation expectations.
GS Forward outlook
| Metric | Outlook |
|---|---|
| Stable | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect earnings and revenue growth for GS, with profitability improving. However, they disagree widely on these estimates.
FMNB Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.75 | +26% |
| Q3 2026 | $1.39 | -3.5% |
| Q2 2026 | $1.47 | +9.7% |
| Q1 2026 | $1.45 | +13% |
| Q4 2025 | $1.45 | +19% |
| Q3 2025 | $1.44 | +18% |
| Q2 2025 | $1.34 | -0.7% |
| Q1 2025 | $1.28 | -11% |
| Q4 2024 | $1.22 | -8.3% |
FMNB's earnings per share have fallen from their peak: $1.39 over the past year, against $2.02 in late 2021.
GS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $72.35 | +4% |
| Q3 2026 | $69.58 | +41% |
| Q2 2026 | $64.82 | +43% |
| Q1 2026 | $54.75 | +27% |
| Q4 2025 | $51.32 | +27% |
| Q3 2025 | $49.22 | +44% |
| Q2 2025 | $45.37 | +45% |
| Q1 2025 | $43.08 | +68% |
| Q4 2024 | $40.54 | +77% |
GS has the edge over FMNB on earnings, with more consistent year-over-year improvement.
FMNB Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $65.9M | +38% |
| Q2 2026 | $70.4M | +50% |
| Q1 2026 | $56.3M | +26% |
| Q4 2025 | $49.1M | +11% |
| Q3 2025 | $47.7M | +8% |
| Q2 2025 | $47M | +13% |
| Q1 2025 | $44.7M | +12% |
| Q4 2024 | $44.2M | -1.9% |
FMNB's revenue has grown year over year for seven quarters in a row: $66M last quarter, up 38% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 25% | -5.7 points |
| Q2 2026 | 39% | +3.8 points |
| Q1 2026 | 36% | -1.1 points |
| Q4 2025 | 36% | -3.9 points |
| Q3 2025 | 31% | +7.8 points |
| Q2 2025 | 35% | +0.7 points |
| Q1 2025 | 37% | +3 points |
| Q4 2024 | 40% | +0.6 points |
FMNB's operating margin was 25% last quarter, down 5.7 points from the same quarter a year ago.
GS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $18.7B | +23% |
| Q2 2026 | $20.3B | +39% |
| Q1 2026 | $17.2B | +14% |
| Q4 2025 | $13.5B | -3% |
| Q3 2025 | $15.2B | +20% |
| Q2 2025 | $14.6B | +15% |
| Q1 2025 | $15.1B | +6% |
| Q4 2024 | $13.9B | +23% |
GS has the edge over FMNB on sales, with stronger typical year-over-year growth.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 37% | +2 points |
| Q2 2026 | 42% | +8.1 points |
| Q1 2026 | 38% | +0.2 points |
| Q4 2025 | 44% | +5.6 points |
| Q3 2025 | 36% | +4.1 points |
| Q2 2025 | 34% | +3.2 points |
| Q1 2025 | 37% | +0.6 points |
| Q4 2024 | 38% | +18 points |
GS has the edge over FMNB on profitability, with a higher operating margin.
FMNB Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $28.1M | +211% |
| Q2 2026 | $26M | +109% |
| Q1 2026 | $7.1M | -42% |
| Q3 2025 | $9M | -62% |
| Q2 2025 | $12.4M | -25% |
| Q1 2025 | $12.2M | -7.5% |
| Q3 2024 | $23.7M | +21% |
| Q2 2024 | $16.5M | +8.6% |
FMNB has the edge over GS on cash generation, producing positive trailing cash flow while its opponent burns cash.
GS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $3.7B | +72% |
| Q2 2026 | $5.6B | +7.8% |
| Q1 2026 | -$32.4B | +$5.3B |
| Q4 2025 | -$16.8B | -136% |
| Q3 2025 | $2.1B | +$40.6B |
| Q2 2025 | $5.2B | -6.8% |
| Q1 2025 | -$37.7B | -$9.2B |
| Q4 2024 | $46.2B | +$75.1B |
GS's free cash flow was −$40B over the past year, against $15.8B the year before. Free cash flow isn't a meaningful measure for financial services companies like GS.
FMNB Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.1% | +78.4K shares |
| 1 year | +57% | +21.6M shares |
| 3 years | +59% | +21.9M shares |
| 5 years | +109% | +30.9M shares |
| Available history | +113% | +31.4M shares |
FMNB has 59M diluted shares, up 57% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2024 | — |
| Q3 2024 | — |
| Q2 2024 | — |
| Q1 2024 | — |
| Q4 2023 | — |
| Q3 2023 | — |
| Q2 2023 | — |
| Q1 2023 | $11.5M |
GS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.2% | -3.8M shares |
| 1 year | -4.4% | -13.9M shares |
| 3 years | -12% | -42.8M shares |
| 5 years | -15% | -52.8M shares |
| Available history | -20% | -74.4M shares |
GS has the edge over FMNB on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $3B |
| Q2 2026 | $4B |
| Q1 2026 | $5B |
| Q4 2025 | $3B |
| Q3 2025 | $2B |
| Q2 2025 | $3B |
| Q1 2025 | $4.4B |
| Q4 2024 | $2B |
GS spent $15B buying back its own shares over the past year, up 32% from the year before.
FMNB Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 5.4x | High |
| Q2 2026 | 4.7x | High |
| Q1 2026 | 5.2x | High |
| Q4 2025 | 4.8x | High |
| Q3 2025 | 4.1x | High |
| Q2 2025 | 4.0x | High |
| Q1 2025 | 2.6x | Moderate |
| Q4 2024 | 6.0x | High |
FMNB's net debt is about 5.4 years of its operating earnings (EBITDA), up from 4.1 years a year ago. Net leverage isn't a meaningful measure for financial services companies like FMNB.
GS Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -5.4x | Net Cash |
| Q2 2026 | -6.1x | Net Cash |
| Q1 2026 | -6.7x | Net Cash |
| Q4 2025 | -6.4x | Net Cash |
| Q3 2025 | -3.5x | Net Cash |
| Q2 2025 | -3.1x | Net Cash |
| Q1 2025 | -3.9x | Net Cash |
| Q4 2024 | -4.7x | Net Cash |
GS has the edge over FMNB on leverage, with a lower net debt burden relative to earnings.
FMNB Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 55.0 | Neutral |
| Stochastic | 43.3 | Neutral |
FMNB's weekly RSI is 55 (neutral) and its Stochastic is 43 (neutral).
GS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 44.5 | Neutral |
| Stochastic | 16.3 | Oversold |
GS's weekly RSI is 45 (neutral) and its Stochastic is 16 (oversold).
FMNB PE vs Financial Services Sector
| Metric | FMNB | Sector median | Relative |
|---|---|---|---|
| PE | 11x | 13x | 15% below |
| PE % | 87 | 63 | 24 pts above |
FMNB has the edge over GS on valuation relative to its sector.
GS PE vs Financial Services Sector
| Metric | GS | Sector median | Relative |
|---|---|---|---|
| PE | 13x | 13x | 0.8% above |
| PE % | 46 | 63 | 17 pts below |
GS is trading at 13x earnings, in line with the Financial Services sector's median of 13x, though its earnings don't support one.
FMNB Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $15.4 | 0.3% above |
| 20 week MA | $15.4 | 0.2% above |
| 50 week MA | $14.4 | 7.5% above |
| 100 week MA | $14.0 | 10% above |
| 200 week MA | $13.6 | 14% above |
FMNB has the edge over GS on trend strength, trading above more of its moving averages.
GS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $895.5 | 2% above |
| 20 week MA | $977.4 | 6.5% below |
| 50 week MA | $945.4 | 3.4% below |
| 100 week MA | $804.5 | 14% above |
| 200 week MA | $602.7 | 52% above |
GS's trend is mixed: it's above three of its five weekly moving averages, and 52% above its 200-week average.
FMNB Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $16.4 | $13.2 | -19% |
| 2021 | $13.2 | $18.3 | +39% |
| 2022 | $18.3 | $14.2 | -22% |
| 2023 | $14.2 | $14.5 | +1.5% |
| 2024 | $14.5 | $14.0 | -3.1% |
| 2025 | $14.0 | $13.7 | -2.4% |
| 2026 YTD | $13.7 | $15.5 | +13% |
FMNB has the edge over GS on returns for 2026, with the stronger performance.
GS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $230.7 | $256.2 | +11% |
| 2021 | $256.2 | $385.0 | +50% |
| 2022 | $385.0 | $345.5 | -10% |
| 2023 | $345.5 | $385.8 | +12% |
| 2024 | $385.8 | $576.2 | +49% |
| 2025 | $576.2 | $907.0 | +57% |
| 2026 YTD | $907.0 | $913.6 | +0.7% |
GS has finished higher in five of the last six years, two of them by more than 50%. It's up 0.7% so far in 2026.