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BUSINESS UPDATES | Victoria Bucci joins PALO as digital media specialist

Among today's business updates: Farmers National Banc Corp.
Victoria Bucci 07312020
PALO Creative has hired Victoria Bucci as a digital media specialist. (Contributed photo)

YOUNGSTOWN — Victoria Bucci has joined the PALO Creative team, 970 Windham Court, Suite 3, as a digital media specialist and will take the lead with paid digital media strategy and management.

“We’re very excited to have Victoria a part of our team, as she is a talented digital marketer that will accent our digital team very nicely,” Rob Palowitz, president and CEO of PALO, said in a news release. “She will help our clients understand how they can utilize paid digital media the right way to best optimize ROI.” 

Before joining PALO, Bucci worked as a media specialist and web maintenance manager with a digital marketing agency in Cleveland. She led digital-related projects for B2B and B2C organizations, establishing, executing and managing campaigns for online search and social media platforms to increase brand awareness and profitability.

Born and raised in Columbiana, Bucci attended Kent State University and earned a Bachelor of Science degree in advertising.

“It’s so important to hone your craft and have a finger on the latest marketing trends and digital tools to serving clientele, especially in 2020,” Bucci said in the release. “I’m creative, yet analytical, and can provide insights and perspective that clients will find very impactful to reaching audiences and retaining customers.”

Farmers National reports
2nd quarter financial results

CANFIELD — Farmers National Banc Corp. this week reported financial results for the second quarter of 2020.

Net income for the three months ended June 30 was $11 million, or 39 cents per diluted share, which compares with $8.5 million, or 31 cents per diluted share, for the three months ended June 30, 2019, and $8.6 million, or 30 cents per diluted share, for the linked quarter. 

Net income, excluding acquisition costs (non-GAAP) for the quarter was $11.1 million, or 39 cents per share, compared with $8.5 million, or 31 cents per share, for the same quarter in 2019, and $9.7 million, or 34 cents per share, for the prior quarter.

Annualized return on average assets and annualized return on average equity were 1.56 percent and 14.02 percent, respectively, for the three month period ending June 30, compared with 1.45 percent and 12.34 percent for the same three month period in 2019, and

1.32 percent and 11.53 percent for the linked quarter. Farmers’ annualized return on average tangible equity (non-GAAP) was 16.69 percent for the quarter, compared with 14.59 percent for the same quarter in 2019 and 13.81 percent for the linked quarter.

Net income for the six months ended June 30 was $19.7 million, or 69 cents per diluted share, compared with $16.9 million, or 61 cents per diluted share, for the same six month period in 2019.

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