Farmers National Bank Doubles Down on IBM
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.