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Farmers National Bank Doubles Down on IBM

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IBM
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Farmers National Bank increased its stake in International Business Machines Corporation (IBM) by 13.9% during the first quarter, according to a recent disclosure with the Securities & Exchange Commission.

The firm owned 28,786 shares of IBM's stock after purchasing an additional 3,518 shares during the quarter.

Farmers National Bank's holdings in IBM make up about 1.5% of its portfolio and are valued at $6,977,000 as of its most recent filing.

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