GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » First Farmers Financial Corp (OTCPK:FFMR) » Definitions » Net Margin %

First Farmers Financial (First Farmers Financial) Net Margin % : 34.07% (As of Mar. 2024)


View and export this data going back to 2013. Start your Free Trial

What is First Farmers Financial Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. First Farmers Financial's Net Income for the three months ended in Mar. 2024 was $10.4 Mil. First Farmers Financial's Revenue for the three months ended in Mar. 2024 was $30.6 Mil. Therefore, First Farmers Financial's net margin for the quarter that ended in Mar. 2024 was 34.07%.

The historical rank and industry rank for First Farmers Financial's Net Margin % or its related term are showing as below:

FFMR' s Net Margin % Range Over the Past 10 Years
Min: 25.12   Med: 33.06   Max: 38.84
Current: 37.36


FFMR's Net Margin % is ranked better than
79.58% of 1459 companies
in the Banks industry
Industry Median: 25.06 vs FFMR: 37.36

First Farmers Financial Net Margin % Historical Data

The historical data trend for First Farmers Financial's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

First Farmers Financial Net Margin % Chart

First Farmers Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.71 31.86 35.20 38.27 38.84

First Farmers Financial Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 39.95 39.05 38.68 37.76 34.07

Competitive Comparison of First Farmers Financial's Net Margin %

For the Banks - Regional subindustry, First Farmers Financial's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


First Farmers Financial's Net Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, First Farmers Financial's Net Margin % distribution charts can be found below:

* The bar in red indicates where First Farmers Financial's Net Margin % falls into.



First Farmers Financial Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

First Farmers Financial's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=46.183/118.9
=38.84 %

First Farmers Financial's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin=Net Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=10.409/30.552
=34.07 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


First Farmers Financial  (OTCPK:FFMR) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


First Farmers Financial Net Margin % Related Terms

Thank you for viewing the detailed overview of First Farmers Financial's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


First Farmers Financial (First Farmers Financial) Business Description

Traded in Other Exchanges
N/A
Address
123 North Jefferson Street, Converse, IN, USA, 46919
First Farmers Financial Corp and its subsidiaries operate in the banking industry. The bank categorized its services into personal, business, borrowing, and investment divisions. Its products and services include deposits, retirement and health saving accounts, consumer loans, home equity, and account management and leasing. The bank makes commercial, installment and mortgage loans to and receives deposits from customers through its offices located in the Indiana counties of Carroll, Cass, Clay, Grant, Hamilton, Howard, Huntington, Madison, Marshall, Miami, Starke, Sullivan, Tippecanoe, Tipton, Vigo, and Wabash; and Illinois counties of Coles, Edgar, and Vermilion.

First Farmers Financial (First Farmers Financial) Headlines

From GuruFocus

First Farmers Financial Corp. Declares Dividend

By sperokesalga sperokesalga 03-21-2023

First Farmers Financial Corp. Declares Record Dividend

By Value_Insider Value_Insider 12-13-2022

First Farmers Financial Corp. Declares Dividend

By PRNewswire PRNewswire 12-15-2020

First Farmers Financial Corp. Declares Record Dividend

By sperokesalga sperokesalga 06-20-2023

First Farmers Financial Corp. Announces Common Stock Buyback Program

By GuruFocusNews GuruFocusNews 04-20-2022

First Farmers Financial Corp. Declares Dividend

By Marketwired Marketwired 06-15-2021

First Farmers Financial Corp. Adds New Directors

By Marketwired Marketwired 05-26-2021