M&A Deal Summary

Farmers National Bank Acquires Middlefield Banking

On October 22, 2025, Farmers National Bank acquired financial services company Middlefield Banking for 299M USD

Acquisition Highlights
  • This is Farmers National Bank’s 9th transaction in the Financial Services sector.
  • This is Farmers National Bank’s largest (disclosed) transaction.
  • This is Farmers National Bank’s 10th transaction in the United States.
  • This is Farmers National Bank’s 7th transaction in Ohio.

M&A Deal Summary

Date 2025-10-22
Target Middlefield Banking
Sector Financial Services
Buyer(s) Farmers National Bank
Deal Type Merger
Deal Value 299M USD
Advisor(s) Raymond James - Investment Banking (Financial)
Nelson Mullins Riley & Scarborough (Legal)

Target

Middlefield Banking

Beachwood, Ohio, United States
Middlefield Banking intends to use the capital to grow its franchise organically and through open-bank and FDIC-assisted transactions. Middlefield Banking was founded in 1901 and is based in Beachwood, Ohio.

Search 214,107 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Farmers National Bank

Canfield, Ohio, United States

Category Company
Founded 1887
Sector Financial Services
Employees682
Revenue 170M USD (2024)
DESCRIPTION

Farmers National Bank is a diversified financial services company engaged in commercial and retail banking. Farmers National Bank was incorporated in 1887 and is based in Canfield, Ohio.


DEAL STATS #
Overall 11 of 11
Sector: Financial Services M&A 9 of 9
Type: Merger M&A Deals 3 of 3
State: Ohio M&A 7 of 7
Country: United States M&A 10 of 10
Year: 2025 M&A 1 of 1
Size (of disclosed) 1 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-24 Emclaire

Emlenton, Pennsylvania, United States

Emclaire is a nationally chartered, FDIC-insured community commercial bank operating 19 full-service offices in Venango, Allegheny, Butler, Clarion, Clearfield, Crawford, Elk, Jefferson, and Mercer Counties, Pennsylvania. Emclaire was founded in 1900 and is based in Emlenton, Pennsylvania.

Buy $105M