First Farmers Financial Corp. Declares Record Dividend

Rhea-AI Summary

First Farmers Financial Corp. (FFMR) has announced a record quarterly cash dividend of $0.49 per share, representing a 2.1% increase from the $0.48 dividend declared in March 2024. The dividend will be payable on April 15, 2025, to shareholders of record as of March 31, 2025.

The company, a $3.2 billion financial holding company headquartered in Converse, Indiana, operates through First Farmers Bank & Trust with offices across multiple counties in Indiana and Illinois, including Carroll, Cass, Clay, Grant, Hamilton, Howard, Huntington, Madison, Marshall, Miami, Starke, Sullivan, Tippecanoe, Tipton, Vigo, Wabash, Coles, Edgar, and Vermilion counties.

Positive

• Record quarterly dividend of $0.49 per share
• 2.1% dividend increase year-over-year
• Strong financial position with $3.2 billion in assets

Negative

• None.

Converse, Indiana, March 18, 2025 (GLOBE NEWSWIRE) -- First Farmers Financial Corp. (OTCQX Banks; FFMR), the parent company of First Farmers Bank & Trust Co., announced that on March 18, 2025, the Board of Directors approved a record quarterly cash dividend of $0.49 per share, payable on April 15, 2025, to shareholders of record as of March 31, 2025. This quarterly dividend represents a 2.1% increase over the $0.48 dividend declared in March 2024.

First Farmers Financial Corp is a $3.2 billion financial holding company headquartered in Converse, Indiana.  First Farmers Bank & Trust has offices throughout 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 is the new dividend amount for First Farmers Financial Corp (FFMR) and when is it payable?

FFMR announced a quarterly dividend of $0.49 per share, payable on April 15, 2025, to shareholders of record as of March 31, 2025.

How much did First Farmers Financial Corp (FFMR) increase its dividend compared to last year?

FFMR increased its quarterly dividend by 2.1%, from $0.48 in March 2024 to $0.49 in March 2025.

What is the current asset size of First Farmers Financial Corp (FFMR)?

First Farmers Financial Corp is a $3.2 billion financial holding company.

In which states does First Farmers Financial Corp (FFMR) operate its banking services?

FFMR operates through First Farmers Bank & Trust in Indiana and Illinois counties.