First Farmers and Merchants (FFMH) Stock Price

First Farmers and Merchants Price

OTC·CLOSED
63.20USD+0.00 (+0.00 %)
Market closed

Revenue has compounded at 2.2% per year over the past 19 years to 81.26 M USD. Earnings per share have grown at 6.9% per year over the last 19 years. First Farmers and Merchants's net margin stands at 22.9%, down from 24.3% several years earlier. First Farmers and Merchants currently offers a dividend yield of about 1.74%. The payout ratio is around 24% of earnings. The dividend has grown at 7.5% per year over the past 15 years. The stock trades about 46% above its 52-week low.

First Farmers and Merchants stock price

Volume
Ex-Dividend
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of First Farmers and Merchants over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how First Farmers and Merchants stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing First Farmers and Merchants's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

First Farmers and Merchants Stock Price History
DateFirst Farmers and Merchants Price
8/21/202663.20 USD
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8/26/202544.40 USD
Access this data via the Eulerpool API

First Farmers and Merchants Revenue, Net Income

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  • Max

Revenue
Net Income
Details
Date
Revenue
Net Income
Jan 1, 2018
59.71 M USD
14.20 M USD
Jan 1, 2019
61.70 M USD
16.06 M USD
Jan 1, 2020
61.77 M USD
14.19 M USD
Jan 1, 2021
64.32 M USD
15.62 M USD
Jan 1, 2022
65.37 M USD
18.05 M USD
Jan 1, 2023
73.94 M USD
16.05 M USD
Jan 1, 2024
59.05 M USD
16.04 M USD
Jan 1, 2025
81.26 M USD
18.62 M USD

First Farmers and Merchants Income Statement, Balance Sheet, Cash Flow Statement

Last updated Aug 26, 2026, 7:43 AM
 
REVENUEM USD
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEM USD
NET INCOMEM USD
NET INCOME GROWTH%
DIV.USD
DIV. GROWTH%
SHARESM
2010201120122013201420152016201720182019202020212022202320242025
49.0048.0048.0045.0045.0047.0051.0054.0059.0061.0061.0064.0065.0073.0059.0081.00
-7.55-2.04-6.254.448.515.889.263.394.921.5612.31-19.1837.29
136.73139.58139.58100.00100.00100.00100.00100.0093.2290.1693.4495.3195.3878.08100.0082.72
67.0067.0067.0045.0045.0047.0051.0054.0055.0055.0057.0061.0062.0057.0059.0067.00
7.007.007.009.0010.0010.0010.0010.0014.0016.0014.0015.0018.0016.0016.0018.00
-12.5028.5711.1140.0014.29-12.507.1420.00-11.1112.50
0.740.740.740.740.740.741.000.780.810.840.840.840.880.950.751.10
35.14-22.003.853.704.767.95-21.0546.67
5.495.395.325.054.924.774.564.514.464.404.364.334.294.174.073.98
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales First Farmers and Merchants generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue First Farmers and Merchants retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare First Farmers and Merchants's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares First Farmers and Merchants has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against First Farmers and Merchants's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

First Farmers and Merchants stock margins

The First Farmers and Merchants margin analysis displays the gross margin, EBIT margin, as well as the profit margin of First Farmers and Merchants. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for First Farmers and Merchants.
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Profit margin
Details
Date
Profit margin
Jan 1, 2018
23.78 %
Jan 1, 2019
26.02 %
Jan 1, 2020
22.98 %
Jan 1, 2021
24.28 %
Jan 1, 2022
27.61 %
Jan 1, 2023
21.70 %
Jan 1, 2024
27.16 %
Jan 1, 2025
22.92 %

First Farmers and Merchants Revenue per Share, Earnings per Share

The First Farmers and Merchants earnings per share therefore indicates how much revenue First Farmers and Merchants has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
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Revenue per Share
Earnings per Share
Details
Date
Revenue per Share
Earnings per Share
Jan 1, 2018
13.38 USD
3.18 USD
Jan 1, 2019
14.02 USD
3.65 USD
Jan 1, 2020
14.17 USD
3.26 USD
Jan 1, 2021
14.87 USD
3.61 USD
Jan 1, 2022
15.23 USD
4.21 USD
Jan 1, 2023
17.71 USD
3.84 USD
Jan 1, 2024
14.51 USD
3.94 USD
Jan 1, 2025
20.40 USD
4.67 USD

First Farmers and Merchants business model & stock analysis

First Farmers and Merchants Corp is a US financial holding company based in Columbia, Tennessee. The roots of the company date back to 1909 when Farmers & Merchants Bank was founded in Spring Hill, Tennessee. At that time, the local banking business was characterized by family and customer relationships that were maintained for decades - values that are still very important to FFMC today. In 1934, the bank was converted into a holding company and registered under the name "First Farmers and Merchants National Bank." In the following years, there was continuous growth through the acquisition of smaller banks and the expansion of the branch network in Tennessee. In 1998, the company was finally renamed "First Farmers and Merchants Corporation." FFMC's business model has always been focused on the needs of retail customers, small to medium-sized businesses, and agricultural operations. The company operates in various sectors, including retail banking, commercial banking, wealth management, and agricultural banking. The retail banking division includes various products such as checking accounts, demand deposits, credit cards, and mortgages. FFMC also offers consumer loans and installment loans, supports customers in setting up online banking, and provides comprehensive advisory services. The commercial banking division offers companies various financing options such as loans, factoring, or leasing. In addition, FFMC supports its corporate customers in optimizing cash management, offers solutions for trading derivatives, currencies, and other financial instruments, and provides support for operational financing. Another important division is wealth management, which supports clients in asset management. Here, FFMC offers its expertise in areas such as financial planning, investment advice, asset protection, and estate planning. One of the most original divisions of FFMC is Agricultural Banking, which offers various services to agricultural operations. The company provides various financing options and services specifically tailored to the needs of agriculture, such as agricultural loans and financing for equipment and agricultural real estate. Here, too, close cooperation and customer consultation are central components of the business model. In summary, FFMC offers its customers a wide range of financial services tailored to their individual needs. The company values personal relationships and individual consultation. FFMC aims to help its customers achieve their financial goals by providing them with tailored solutions that meet their specific needs. With this approach, FFMC has been successful for over 100 years and has become a key player in the regional banking sector. Answer: First Farmers and Merchants Corp (FFMC) is a US financial holding company based in Columbia, Tennessee. They offer a wide range of financial services tailored to individual needs, including retail banking, commercial banking, wealth management, and agricultural banking. They prioritize personal relationships and individual consultation to help customers achieve their financial goals.

First Farmers and Merchants SWOT Analysis

Strengths

First Farmers and Merchants Corp possesses several key strengths that contribute to its success:

  • Strong financial position and healthy balance sheet
  • Extensive experience and expertise in the banking industry
  • Wide range of banking products and services
  • Strong customer base and reputation
  • Skilled and dedicated workforce

Weaknesses

Despite its strengths, First Farmers and Merchants Corp has a few weaknesses that require attention:

  • Limited geographic presence and market reach
  • Sensitivity to interest rate fluctuations
  • Relatively smaller size compared to some competitors

Opportunities

First Farmers and Merchants Corp can capitalize on the following opportunities:

  • Expansion into new markets and geographic areas
  • Growing demand for digital banking services
  • Acquisition or partnership opportunities for strategic growth
  • Rising trends in sustainable and socially responsible banking

Threats

First Farmers and Merchants Corp must be aware of the following threats:

  • Intense competition from larger and established banks
  • Regulatory changes and compliance requirements
  • Economic downturns and financial crises
  • Cybersecurity risks and data breaches

First Farmers and Merchants Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

First Farmers and Merchants historical P/E ratio, EBIT multiple, and P/S ratio

First Farmers and Merchants annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

First Farmers and Merchants shares outstanding

The number of shares of First Farmers and Merchants was 3.98 M in 2025. This indicates how many shares First Farmers and Merchants is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
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Number of stocks
Details
Date
Number of stocks
Jan 1, 2018
4.46 M Stocks
Jan 1, 2019
4.40 M Stocks
Jan 1, 2020
4.36 M Stocks
Jan 1, 2021
4.33 M Stocks
Jan 1, 2022
4.29 M Stocks
Jan 1, 2023
4.17 M Stocks
Jan 1, 2024
4.07 M Stocks
Jan 1, 2025
3.98 M Stocks

First Farmers and Merchants Dividend History

17 years of dividend payments

YearAnnual DividendYoY ChangePayments
20260.87USDYTD
Jan 2, 20260.29USD 0.0%1/3
Apr 1, 20260.29USD 0.0%2/3
Jul 7, 20260.29USD 0.0%3/3
20251.10USD 46.7%
Jan 2, 20250.27USD 0.0%1/4
Apr 1, 20250.27USD 0.0%2/4
Jul 1, 20250.27USD 0.0%3/4
Oct 7, 20250.29USD 7.4%4/4
20240.75USD 21.1%
20230.95USD 8.0%
20220.88USD 4.8%
20210.84USD 0.0%
20200.84USD 0.0%
20190.84USD 3.7%
20180.81USD 3.8%
20170.78USD 4.0%

First Farmers and Merchants dividend history and estimates

In 2025, First Farmers and Merchants paid a dividend amounting to 1.10 USD. Dividend means that First Farmers and Merchants distributes a portion of its profits to its owners.
  • Max

Dividend
Dividend (Estimate)
Details
Date
Dividend
Dividend (Estimate)
Jan 1, 2018
0.81 USD
0.00 USD
Jan 1, 2019
0.84 USD
0.00 USD
Jan 1, 2020
0.84 USD
0.00 USD
Jan 1, 2021
0.84 USD
0.00 USD
Jan 1, 2022
0.88 USD
0.00 USD
Jan 1, 2023
0.95 USD
0.00 USD
Jan 1, 2024
0.75 USD
0.00 USD
Jan 1, 2025
1.10 USD
0.00 USD

First Farmers and Merchants dividend payout ratio

In 2025, First Farmers and Merchants had a payout ratio of 23.53%. The payout ratio indicates the percentage of the company's profits that First Farmers and Merchants distributes as dividends.
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  • Max

Payout ratio
Details
Date
Payout ratio
Jan 1, 2018
25.46 %
Jan 1, 2019
23.02 %
Jan 1, 2020
25.80 %
Jan 1, 2021
23.27 %
Jan 1, 2022
20.92 %
Jan 1, 2023
24.71 %
Jan 1, 2024
19.03 %
Jan 1, 2025
23.53 %
Price targets and forecasts for First Farmers and Merchants are not yet available.

First Farmers and Merchants shareholder structure

% Name
0.14104%
1st & Main Growth Partners
1st & Main Growth Partners

First Farmers and Merchants Beneficial Ownership Filings (SEC 13D/G)

Free Float
103.3%
Float Shares
-
Shares Outstanding
-

First Farmers and Merchants Executives and Management Board

10 members · avg. age 59 · 0 % women

TS

Mr. T. Randy Stevens (67)

Chairman of the Board of Directors, Chief Executive Officer and a Director of the Company and the Bank

814,116.00 USD

Management

BW

Mr. Brian Williams (48)

President, Director of the Company and the Bank · since 2013

274,555.00 USD
RK

Mr. Robert Krimmel (37)

Chief Financial Officer, Treasurer of the Company and the Bank

189,591.00 USD

Board of Directors

TP

Mr. Timothy Pettus (67)

Vice Chairman of the Board of the Company and the Bank · since 2002

501,646.00 USD
JA

Mr. Jeffrey Aiken (55)

Independent Director

JE

Mr. Jonathan Edwards (58)

Independent Director

TG

Mr. Thomas Gordon (67)

Independent Director

DM

Mr. Dalton Mounger (68)

Independent Director

MS

Mr. Matthew Scoggins (68)

Independent Director

First Farmers and Merchants Supply Chain

First Farmers and Merchants Supply Chain

Correlation: how closely stock prices move together

Same directionNo relationOpposite
1 companies
#NameTrend
1
Ameriprise Financial
Supplier·Capital Markets·US
-0.14
0.53
0.64
0.36

Frequently asked questions about First Farmers and Merchants

The business model of First Farmers and Merchants Corp revolves around providing financial services to individuals, businesses, and communities. As a community bank, First Farmers and Merchants Corp offers various banking products and services, including checking and savings accounts, loans, mortgages, credit cards, and wealth management solutions. By focusing on personalized customer service and building strong relationships, First Farmers and Merchants Corp aims to meet the financial needs of its clients while supporting the growth and prosperity of the communities it serves.

First Farmers and Merchants Corp is primarily active in the banking and financial services industry.

Some of the main competitors of First Farmers and Merchants Corp in the market include other regional banks and financial institutions such as First Horizon National Corp, Pinnacle Financial Partners, and PNC Financial Services Group.

First Farmers and Merchants Corp, also known as FFMC, is a prominent and well-established financial institution. With a rich history dating back several decades, FFMC has been dedicated to serving the financial needs of its customers. The company was founded on the principles of integrity, customer-centricity, and innovation. Over the years, FFMC has consistently evolved and adapted to the changing market dynamics, ensuring sustained growth and customer satisfaction. With a diverse range of services including banking, investments, and wealth management, FFMC has become a trusted partner for individuals and businesses alike. This leading company's commitment to excellence sets it apart in the financial industry.

First Farmers and Merchants Corp, a leading financial institution, has achieved several significant milestones throughout its history. The company has achieved consistent growth and profitability, making it a preferred choice for investors. First Farmers and Merchants Corp has successfully expanded its presence, establishing a strong network of branches to serve customers efficiently. Additionally, the company has demonstrated its commitment to customer satisfaction by offering a wide range of innovative products and services tailored to meet diverse financial needs. With a strong focus on community development and corporate responsibility, First Farmers and Merchants Corp has earned recognition as a trusted and responsible financial partner.

First Farmers and Merchants Corp is primarily present in the United States.

First Farmers and Merchants Corp represents strong values and a steadfast corporate philosophy. The company is committed to conducting business with integrity, honesty, and transparency. First Farmers and Merchants Corp focuses on building long-term relationships with clients based on trust and mutual respect. They prioritize excellence in customer service, ensuring that their clients' financial needs are met efficiently and effectively. With a dedication to community involvement and social responsibility, First Farmers and Merchants Corp strives to make a positive impact on the communities they serve. This commitment to values and corporate philosophy has positioned First Farmers and Merchants Corp as a trusted and reliable financial institution.

Converted at the current exchange rate, the First Farmers and Merchants share trades at 54.16 EUR (63.20 USD).

First Farmers and Merchants Corporation (FFMC) is a financial services company consisting of several divisions and focusing on banking and investment services. The main divisions of the company are First Farmers Bank & Trust (FFBT) and First Farmers Wealth Management. FFBT is a regional bank that has been operating since 1885 and has over 20 locations in Indiana and Illinois. Its primary focus is on providing deposit, credit, and treasury services to individual customers, small businesses, and agricultural customers. The bank also offers a wide range of loan products, including mortgages, business loans, auto and recreational loans, and agricultural loans. In addition to traditional banking, FFBT also offers a range of online services, including online and mobile banking, electronic bill payment, remote deposit capture, credit card services, and more. Customers can also access a variety of financial tools and resources provided by the bank, including budgeting tools, debt management solutions, and financial education resources. First Farmers Wealth Management is a subsidiary of FFMC that focuses on comprehensive investment advisory and asset management services for affluent individual clients, trusts, and institutions. Their offerings include individual investment and financial advisory, asset management, retirement planning, trust services, and more. The company also has an insurance services division, First Farmers Insurance Services, LLC, which offers a wide range of insurance solutions for individual customers and businesses. These services include auto, home, liability, employer, and life insurance. Overall, FFMC is a multidisciplinary financial services company that offers customers a wide range of banking, investment, and insurance solutions. The banking division focuses on the needs of individual customers and small businesses, while wealth management focuses on affluent individual clients, trusts, and institutions. With a focus on customer service and cutting-edge technology, FFMC strives to provide innovative financial solutions and enhance the customer experience.

The revenue cannot currently be calculated for First Farmers and Merchants.

The profit cannot currently be calculated for First Farmers and Merchants.

The P/E ratio cannot be calculated for First Farmers and Merchants at the moment.

The P/S cannot be calculated for First Farmers and Merchants currently.

The Eulerpool Quality Score for First Farmers and Merchants is 5/10.

The ISIN of First Farmers and Merchants is US3201481096. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The ticker of First Farmers and Merchants is FFMH. The ticker symbol is used to trade First Farmers and Merchants shares on the stock exchange.

Over the past 12 months, First Farmers and Merchants paid a dividend of 1.10 USD . This corresponds to a dividend yield of about 1.74 %. For the coming 12 months, First Farmers and Merchants is expected to pay a dividend of 1.12 USD.

The current dividend yield of First Farmers and Merchants is 1.74 %.

First Farmers and Merchants pays a dividend, distributed in the months of , , , .

First Farmers and Merchants paid dividends every year for the past 16 years.

For the upcoming 12 months, dividends amounting to 1.12 USD are expected. This corresponds to a dividend yield of 1.77 %.

First Farmers and Merchants is assigned to the 'Finance' sector.

In the year 2025, First Farmers and Merchants distributed 1.02 USD as dividends.

The dividends of First Farmers and Merchants are distributed in USD.

All fundamentals and in-depth analysis of First Farmers and Merchants

Our stock analysis for First Farmers and Merchants stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of First Farmers and Merchants. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.