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FIRST FMRS & MERCHANTS CO - $FFMH STOCK NEWS

Welcome to our dedicated page for FIRST FMRS & MERCHANTS CO news (Ticker: $FFMH), a resource for investors and traders seeking the latest updates and insights on FIRST FMRS & MERCHANTS CO stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect FIRST FMRS & MERCHANTS CO's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of FIRST FMRS & MERCHANTS CO's position in the market.

News
Ernest Anye Joins First Farmers as Information Security Officer
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First Farmers and Merchants Corporation announces the appointment of Ernest Anye as its Information Security Officer.
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First Farmers and Merchants Corporation Declares Quarterly Cash Dividend of $0.24 Per Share
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First Farmers and Merchants Corporation declares regular quarterly cash dividend of $0.24 per share, representing a 4.3% increase compared to last year's dividend.
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First Farmers and Merchants Bank Receives Boys & Girls Club C.A.R.E. Award
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First Farmers and Merchants Bank received the C.A.R.E. award from the Tennessee Area Council of Boys & Girls Clubs. They increased their corporate giving to Boys & Girls Clubs of South Central Tennessee by 250% to $25,000 per year for the next four years. This increased sponsorship is expected to support their programs and provide more financial aid and scholarships to families in need.
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First Farmers and Merchants Corporation Reports Improved Second Quarter Results
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First Farmers and Merchants Corporation reports double digit growth in net income for the second quarter of 2023. Net income rose 11% to $5 million compared to the second quarter of 2022. Adjusted net income increased 15% to $5.1 million. Net interest income increased 3.5% to $12.1 million. Total deposits decreased by $119 million. Efficiency improved to 58.04%. Provision credit for credit losses was $260,000. Total nonperforming assets dropped to $803,000.
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0.31%
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First Farmers and Merchants Corporation Announces 4.3% Increase in Quarterly Cash Dividend to $0.24 Per Share
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First Farmers and Merchants Corporation (OTC Pink: FFMH) has announced a 4.3% increase in its regular quarterly cash dividend to $0.24 per share, up from $0.23 per share. The dividend will be paid on July 17, 2023, to shareholders of record as of July 3, 2023. This increase reflects the company's record net income for 2022 and highlights its continued earnings momentum into 2023. First Farmers remains committed to building long-term shareholder value and has a positive outlook for the year.
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Joanna Matthews Joins First Farmers as Senior Personal Trust Officer
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Joseph Patterson Joins First Farmers as Commercial Relationship Manager
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First Farmers and Merchants Corporation Reports Improved First Quarter Results
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First Farmers and Merchants Corporation Holds Annual Meeting of Shareholders
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First Farmers and Merchants Corporation Declares Quarterly Cash Dividend of $0.23 Per Share
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FIRST FMRS & MERCHANTS CO

OTC:FFMH

FFMH Rankings

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FFMH Stock Data

121.05M
3.60M
0.48%
Commercial Banking
Finance and Insurance
Link
United States of America
Columbia

About FFMH

mission: our mission is to be the leader in providing distinctive services and products that meet the financial needs and goals of customers in each of our communities. vision: first farmers & merchants bank strives to be the premier community bank in tennessee. we aspire to be recognized as the leading provider of high quality services and products that meet the financial needs of our customers. in order to accomplish this, we are guided by three commitments: to foster the well-being and growth of our employees; to promote the economic vitality of the communities in which we live; and to provide our shareholders with a profitable return on their investment without compromising the bank’s solid financial strength. core values: integrity customer focus teamwork community service initiative