Banking & Finance

Farmers Reports 2Q Net Income of $5.7M

CANFIELD, Ohio – Farmers National Banc Corp. Wednesday reported second-quarter net income of $5.7 million, or 21 cents a share, compared to $5.0 million, or 19 cents a share from the year-ago quarter, and remained the same at $5.7 million, or 21 cents a share from the first-quarter. Farmers is the holding company of Farmers […]

Huntington Reports Record 2Q Earnings of $272M

COLUMBUS, Ohio –Huntington Bancshares Inc., holding company of Huntington Bank, Friday reported second-quarter net income of $272 million, or 23 cents a common share. The $272 million, Huntington Bancshares noted, is a record for second-quarter earnings. First-quarter net income was $208 million, or 17 cents a common share, and second-quarter net income was an increase […]

Sales of Houses in Region on Par with 2016

YOUNGSTOWN, Ohio – Sales of single-family houses in the tri-county area for the first six months of the year remain on pace with the same period in 2016, despite softness in Mahoning County. A total of 2,709 houses were sold from Jan. 1 through June 30 in Columbiana, Mahoning and Trumbull counties. That total is […]

Chemical Financial Corp. Raises Dividend

MIDLAND, Mich. – Chemical Financial Corp., parent of Chemical Bank, today announced a third quarter cash dividend of 28 cents per share payable Sept. 15 to shareholders of record on Sept. 1. The dividend is a penny higher representing a 3.7% per share increase from the previous quarter’s 27 cents per share. Chemical Bank, with […]

First Niles Announces Q2 Net Income of $124,000

NILES, Ohio – First Niles Financial Inc., holding company of Home Federal Savings and Loan Association, reports second-quarter net income of $124,000, or 11 cents a share. This compares to net income of $16,000, or 1 cent a share, for the year-ago quarter. First Niles attributes the increase to “net income in the current three […]

Former Byzantine Church to Be Auctioned Aug. 15

NEWTON FALLS, Ohio – St. Michael Byzantine Church and its 12-acre campus will be auctioned Aug. 15, according to the auction house contracted to sell the property. “It’s a very modern building,” said Jeff Byce, president of Byce Auction and Byce Realty in Youngstown. “It has a full industrial kitchen and dining hall.” The campus […]

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