Farmers National Company Expands Its Reach with Acquisition of Peoples Bank and Trust's Farm Management Business

Farmers National Company Expands Its Agricultural Management Footprint

Farmers National Company, a leader in the realm of landowner services, has officially announced its acquisition of the farm management division of Peoples Bank and Trust, which is based in McPherson, Kansas. This strategic move not only underscores Farmers National's dedication to agricultural management but also reflects its commitment to enhancing the resources and support available to Kansas landowners.

The acquisition encompasses over 20,000 acres of farmland, thereby increasing Farmers National's total managed acreage in Kansas to an impressive over 400,000 acres. This expansion positions the company favorably within the agricultural market of the region, allowing it to deliver specialized management services tailored to the needs of local farmers.

Grant Fitzgerald, the Senior Vice President of Farm and Ranch Management at Farmers National Company, remarked on the significance of this acquisition, stating, "This acquisition aligns with our mission to provide solutions that improve profitability and long-term value for landowners." He further emphasized the company's intent to build upon the solid relationships that Peoples Bank and Trust has cultivated with its clients over the years.

For Farmers National Company, which has been operational since 1929 and now spans nearly 30 states, this transition has been meticulously planned to ensure a seamless integration, thereby minimizing disruption and maximizing support for its expanding client base. As part of a company that is employee-owned, this move is not just a growth strategy but also a commitment to the welfare of the agricultural community.

Peoples Bank and Trust has long been known for its strong, trustworthy relationships built with farm management clients. Farmers National Company recognizes the importance of these partnerships and aims to uphold this legacy by providing local expertise, deep knowledge, and dedicated resources specifically focused on the nuances of farm and ranch management.

With an expansive portfolio of nearly 5,000 farms and ranches covering over 2 million acres, Farmers National Company stands as one of the most prominent providers of land management services in the United States. The company has successfully sold 3,700 properties over the last five years, with transactions exceeding $3.25 billion in real estate value.

In addition to farm and ranch management, the company also offers a suite of services including energy management, appraisals, insurance, and land consultations aimed at meeting the diverse needs of its clients.

As Farmers National Company steps forward into this new chapter, it looks forward to incorporating the clients from Peoples Bank and Trust and continuing to enrich the agricultural landscape of Kansas. The firm is steadfast in its devotion to bringing innovative and effective management solutions to landowners, ensuring they thrive in a complex agricultural economy. Farmers National Company invites interested parties to learn more about its comprehensive offerings at www.FarmersNational.com.