First Farmers Financial Corp (OTCQX:FFMR) declared a record quarterly cash dividend of $0.26 per share, payable July 15, 2026, to shareholders of record on June 30, 2026. This is a 4.0% increase over the June 2025 split-adjusted dividend.
The company completed a 2-for-1 stock split on June 15, 2026, with FFMR trading post-split from June 16, 2026. The Board also added $9 million to the existing share repurchase authorization, supplementing approximately $2 million remaining under prior approvals.
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Record quarterly cash dividend of $0.26 per share declared
Dividend per share increased 4.0% versus June 2025 split-adjusted level
2-for-1 common stock split completed on June 15, 2026
$9 million increase to existing common share repurchase authorization
Total repurchase capacity now about $11 million including prior remaining authorization
Repurchase program funded from current available working capital
Converse, Indiana, June 17, 2026 (GLOBE NEWSWIRE) -- First Farmers Financial Corp. (OTCQX Banks; FFMR), the parent company of First Farmers Bank & Trust Co., announced that on June 16, 2026, the Board of Directors approved a record quarterly cash dividend of $0.26 per share, payable on July 15, 2026, to shareholders of record as of June 30, 2026. This quarterly dividend represents a 4.0% increase over the $0.25 split-adjusted dividend declared in June 2025.
The Company completed its previously announced 2-for-1 common stock split on June 15, 2026, as shareholders of record at the close of business on June 8, 2026, received one additional common share for each common share held. FFMR began trading on a post-split basis on June 16, 2026.
In addition to the cash dividend, the Board of Directors authorized an increase of $9 million to the Company’s existing common share repurchase authorization. This increased authorization is in addition to approximately $2 million remaining under prior authorizations as of June 16, 2026.
The timing, price, and quantity of purchases under the stock repurchase plan will be at the discretion of management and may be discontinued, suspended, or restarted at any time. The program will be funded from current available working capital. The Board feels the stock repurchase plan continues to provide capital management opportunities and add value for the Company’s shareholders depending upon market and business conditions.
First Farmers Financial Corp is a $3.5 billion financial holding company headquartered in Converse, Indiana. First Farmers Bank & Trust has offices throughout Boone, Carroll, Cass, Clay, Grant, Hamilton, Howard, Huntington, Madison, Marshall, Miami, Starke, Sullivan, Tippecanoe, Tipton, Vigo and Wabash counties in Indiana and offices in Coles, Edgar, and Vermilion counties in Illinois. First Farmers Financial Corp is traded on the OTC Markets Group, Inc. "OTCQX" exchange under the ticker symbol: FFMR
Tade J Powell
First Farmers Financial Corporation
765-395-3316
tade.powell@ffbt.com
FAQ
What dividend did First Farmers Financial Corp (FFMR) declare on June 16, 2026?
First Farmers Financial Corp declared a quarterly cash dividend of $0.26 per share, payable July 15, 2026. According to the company, shareholders of record as of June 30, 2026, will receive the payment, representing a 4.0% increase over the June 2025 split-adjusted dividend.
How much did First Farmers Financial Corp (FFMR) increase its dividend in 2026?
The quarterly dividend was increased by 4.0% to $0.26 per share compared with June 2025. According to First Farmers Financial Corp, the prior split-adjusted dividend was $0.25 per share, making this the company’s highest quarterly dividend to date.
What are the details of the First Farmers Financial Corp (FFMR) 2-for-1 stock split?
First Farmers Financial Corp completed a 2-for-1 common stock split on June 15, 2026. According to the company, shareholders of record on June 8, 2026, received one additional common share for each share held, and FFMR began trading on a post-split basis June 16, 2026.
How large is the First Farmers Financial Corp (FFMR) share repurchase authorization after the June 2026 increase?
The Board added $9 million to the existing share repurchase authorization, bringing total capacity to about $11 million. According to First Farmers Financial Corp, roughly $2 million remained under prior authorizations as of June 16, 2026, with purchases funded from current working capital.
What does the expanded First Farmers Financial Corp (FFMR) stock buyback mean for shareholders?
The expanded buyback provides additional capacity to repurchase FFMR shares, subject to management discretion. According to the company, the Board believes the stock repurchase plan offers capital management flexibility and can add shareholder value depending on market and business conditions.
When did First Farmers Financial Corp (FFMR) start trading on a post-split basis?
FFMR began trading on a post-split basis on June 16, 2026, following its 2-for-1 stock split. According to First Farmers Financial Corp, shareholders of record on June 8, 2026, received one additional share for each common share they owned.
