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Valley Auto Sales Down 3% in April

Valley Auto Sales Down 3% in April

YOUNGSTOWN, Ohio – Car sales in the Mahoning Valley were down slightly last month, according to the Greater Cleveland Automobiles Dealers Association’s monthly sales report, while year-to-date sales continue to lag behind last year’s figures. In April, 4,818 new and used vehicles were sold in Mahoning, Columbiana and Trumbull counties, 163 fewer – a 3.3% […]

YOUNGSTOWN, Ohio – Car sales in the Mahoning Valley were down slightly last month, according to the Greater Cleveland Automobiles Dealers Association’s monthly sales report, while year-to-date sales continue to lag behind last year’s figures. In April, 4,818 new and used vehicles were sold in Mahoning, Columbiana and Trumbull counties,...

Cortland Bancorp Reports Q1 Net Income of $1.54M

Cortland Bancorp Reports Q1 Net Income of $1.54M

CORTLAND, Ohio – Cortland Bancorp, holding company of Cortland Bank, Friday reported first-quarter net income of $1.54 million, or 35 cents per diluted share. This compares to fourth-quarter net income of $21,000, or one cent a share, and first-quarter 2017 income of $1 million or 23 cents a share. Cortland also announced its board declared […]

CORTLAND, Ohio – Cortland Bancorp, holding company of Cortland Bank, Friday reported first-quarter net income of $1.54 million, or 35 cents per diluted share. This compares to fourth-quarter net income of $21,000, or one cent a share, and first-quarter 2017 income of $1 million or 23 cents a share. Cortland...

Huntington Reports Q1 Net Income of $326M

Huntington Reports Q1 Net Income of $326M

COLUMBUS, Ohio — Huntington Bancshares Inc., holding company of Huntington Bank, Tuesday reported first-quarter net income of $326 million, or 28 cents a common share. That compares to fourth-quarter 2017 net income of $432 million, or 37 cents a common share and the year-ago quarter of $208 million, or 17 cents a common share. Huntington’s […]

COLUMBUS, Ohio — Huntington Bancshares Inc., holding company of Huntington Bank, Tuesday reported first-quarter net income of $326 million, or 28 cents a common share. That compares to fourth-quarter 2017 net income of $432 million, or 37 cents a common share and the year-ago quarter of $208 million, or 17...

FNB First-Quarter Net Income Rises to $84.8M

PITTSBURGH – F.N.B. Corp., parent of First National Bank of Pennsylvania, today reported first-quarter net income of $84.8 million, or 25 cents per common share. This compares to fourth-quarter 2017 net income of $22.11 million, or seven cents a share, and year-ago first-quarter net income of $21 million, or nine cents a share. In a […]

PITTSBURGH – F.N.B. Corp., parent of First National Bank of Pennsylvania, today reported first-quarter net income of $84.8 million, or 25 cents per common share. This compares to fourth-quarter 2017 net income of $22.11 million, or seven cents a share, and year-ago first-quarter net income of $21 million, or nine...

First Niles Q1 Net Income Drops to $49K

NILES, Ohio – First Niles Financial Inc., holding company of Home Federal Savings and Loan Association of Niles, Monday reported first-quarter net income of $49,000, or four cents per share. This compares to first-quarter 2017 net income of $116,000, or 10 cents a share, a decrease of $67,000 or 57.8%. The president and CEO, Daniel […]

NILES, Ohio – First Niles Financial Inc., holding company of Home Federal Savings and Loan Association of Niles, Monday reported first-quarter net income of $49,000, or four cents per share. This compares to first-quarter 2017 net income of $116,000, or 10 cents a share, a decrease of $67,000 or 57.8%....

FNB Declares $18.13 Cash Dividend of Preferred Stock

PITTSBURGH – F.N.B. Corp., holding company of First National Bank of Pennsylvania, announced Wednesday that its board of directors declared a quarterly cash dividend of $18.13 per preferred share on the corporation’s noncumulative perpetual preferred stock Series E. The dividend is payable May 15 to shareholders of record April 30. F.N.B. reported a full-year 2017 […]

PITTSBURGH – F.N.B. Corp., holding company of First National Bank of Pennsylvania, announced Wednesday that its board of directors declared a quarterly cash dividend of $18.13 per preferred share on the corporation’s noncumulative perpetual preferred stock Series E. The dividend is payable May 15 to shareholders of record April 30....

Farmers ‘Exceeds Expectations,’ CEO Tells Shareholders

Farmers CEO Says Company is Exceeding Expectations

CANFIELD, Ohio – Farmers National Banc Corp. continues to exceed expectations and break records, CEO Kevin Helmick told shareholders at the company’s annual meeting Thursday afternoon. “2017 was truly a historic year for Farmers,” Helmick said to those gathered at St. Michael’s Parish Center. “We set records of assets and net income at our bank […]

CANFIELD, Ohio – Farmers National Banc Corp. continues to exceed expectations and break records, CEO Kevin Helmick told shareholders at the company's annual meeting Thursday afternoon. “2017 was truly a historic year for Farmers,” Helmick said to those gathered at St. Michael's Parish Center. “We set records of assets and...

Farmers Reports Net Income Rises to $7.72M

CANFIELD, Ohio – Farmers National Banc Corp. Wednesday reported first-quarter net income of $7.72 million, or 28 cents a share. This compares to fourth-quarter 2017 net income of $5.23 million, or 19 cents a share, and first-quarter 2017 net income of $5.78 million, or 21 cents a share. In a prepared statement, the president and […]

CANFIELD, Ohio – Farmers National Banc Corp. Wednesday reported first-quarter net income of $7.72 million, or 28 cents a share. This compares to fourth-quarter 2017 net income of $5.23 million, or 19 cents a share, and first-quarter 2017 net income of $5.78 million, or 21 cents a share. In a...

Farmers Trust Co. Sees Economic Growth, Market Volatility Ahead

Farmers Trust Co. Sees Economic Growth, Market Volatility Ahead

CANFIELD, Ohio – From an investor point of view, 2018 has been a virtual roller coaster. After a fairly calm and predicable 2017, market volatility came to define the first quarter of 2018. “Strong language out of Washington has stirred geopolitical fears, which combined with talk of trade wars is causing volatile reactions in the […]

CANFIELD, Ohio – From an investor point of view, 2018 has been a virtual roller coaster. After a fairly calm and predicable 2017, market volatility came to define the first quarter of 2018. “Strong language out of Washington has stirred geopolitical fears, which combined with talk of trade wars is...

House Sales Drop in Region, Prices Rise

YOUNGSTOWN, Ohio – House sales in the Youngstown-Warren area last month were down 11% from a year earlier, and sales for the three-county region are off 4.2% year-to-date. However, home prices are up across the board. Sales in Mahoning, Trumbull and Columbiana counties totaled 430 units in March, down from the 483 houses sold in […]

YOUNGSTOWN, Ohio – House sales in the Youngstown-Warren area last month were down 11% from a year earlier, and sales for the three-county region are off 4.2% year-to-date. However, home prices are up across the board. Sales in Mahoning, Trumbull and Columbiana counties totaled 430 units in March, down from...