First Farmers and Merchants Past Earnings Performance

Past criteria checks 2/6

First Farmers and Merchants has been growing earnings at an average annual rate of 2%, while the Banks industry saw earnings growing at 7.1% annually. Revenues have been growing at an average rate of 0.5% per year. First Farmers and Merchants's return on equity is 10.2%, and it has net margins of 26.1%.

Key information

2.0%

Earnings growth rate

3.1%

EPS growth rate

Banks Industry Growth	11.2%
Revenue growth rate	0.5%
Return on equity	10.2%
Net Margin	26.1%
Last Earnings Update	30 Sep 2024

Recent past performance updates

No updates

Recent updates

Revenue & Expenses Breakdown

How First Farmers and Merchants makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

OTCPK:FFMH Revenue, expenses and earnings (USD Millions)
Date	Revenue	Earnings	G+A Expenses
30 Sep 24	57	15	35
30 Jun 24	56	14	35
31 Mar 24	57	15	34
31 Dec 23	58	16	34
30 Sep 23	60	17	35
30 Jun 23	63	19	36
31 Mar 23	63	18	36
31 Dec 22	62	18	37
30 Sep 22	62	16	40
30 Jun 22	61	15	40
31 Mar 22	63	16	41
31 Dec 21	62	16	41
30 Sep 21	61	16	38
30 Jun 21	60	15	37
31 Mar 21	57	14	37
31 Dec 20	56	14	37
30 Sep 20	56	14	37
30 Jun 20	56	15	37
31 Mar 20	56	14	37
31 Dec 19	59	16	36
30 Sep 19	59	16	37
30 Jun 19	58	16	36
31 Mar 19	58	16	35
31 Dec 18	55	14	35
30 Sep 18	55	13	32
30 Jun 18	54	12	31
31 Mar 18	53	11	31
31 Dec 17	51	10	33
30 Sep 17	51	11	30
30 Jun 17	49	10	29
31 Mar 17	48	10	28
31 Dec 16	47	10	29
30 Sep 16	48	10	27
30 Jun 16	48	10	27
31 Mar 16	48	10	28
31 Dec 15	48	10	28
30 Sep 15	47	11	27
30 Jun 15	47	11	27
31 Mar 15	47	11	26
31 Dec 14	46	10	26
30 Sep 14	46	10	27
30 Jun 14	45	9	27
31 Mar 14	45	9	27
31 Dec 13	46	10	27

Quality Earnings: FFMH has high quality earnings.

Growing Profit Margin: FFMH's current net profit margins (26.1%) are lower than last year (28.9%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: FFMH's earnings have grown by 2% per year over the past 5 years.

Accelerating Growth: FFMH's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: FFMH had negative earnings growth (-14.9%) over the past year, making it difficult to compare to the Banks industry average (-12.2%).

First Farmers and Merchants Past Earnings Performance

Past criteria checks 2/6

Key information

Recent past performance updates

Recent updates

First Farmers and Merchants Corporation Declares Cash Dividend, Payable on July 22, 2024

First Farmers and Merchants Corporation Declares Regular Quarterly Cash Dividend, Payable on April 15, 2024

First Farmers and Merchants Corporation, Annual General Meeting, Apr 16, 2024

First Farmers and Merchants Corporation Appoints Rory A. Mallard as Chief Banking Officer

First Farmers and Merchants Corporation Names Robert E. (“Bobby”) Krimmel to the Newly Created Position as Chief Administrative Officer

First Farmers and Merchants Corporation Declares Quarterly Cash Dividend, Payable on January 16, 2024

First Farmers and Merchants Corporation Announces That Jennifer J. Mcconnell Has Joined the Bank as Chief Credit Officer

First Farmers and Merchants Corporation Declares Quarterly Cash Dividend, Payable on October 16, 2023

First Farmers and Merchants Corporation Announces 4.3% Increase in Quarterly Cash Dividend, Payable on July 17, 2023

First Farmers and Merchants Corporation Appoints Joanna Matthews as Senior Personal Trust Officer

First Farmers and Merchants Corporation Declares Regular Quarterly Cash Dividend, Payable on January 17, 2023

First Farmers and Merchants Corporation Promotes Darcy Wagner to Chief Compliance Officer and A Member of the Administration Team

First Farmers and Merchants Corporation Increases Quarterly Cash Dividend, Payable on October 14, 2022

First Farmers and Merchants Corporation Declares Quarterly Cash Dividend, Payable on July 15, 2022

First Farmers and Merchants Corporation, Annual General Meeting, Apr 19, 2022

First Farmers and Merchants Corporation Declares Regular Quarterly Cash Dividend, Payable on April 15, 2021

First Farmers and Merchants Corporation, Annual General Meeting, Apr 20, 2021

Revenue & Expenses Breakdown

Earnings and Revenue History

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Return on Equity

Return on Assets

Return on Capital Employed

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