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A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for First Farmers and Merchants's Debt-to-Equity or its related term are showing as below:
During the past 8 years, the highest Debt-to-Equity Ratio of First Farmers and Merchants was 0.84. The lowest was 0.04. And the median was 0.17.
FFMH's Debt-to-Equity is not ranked *
in the Banks industry.
Industry Median: 0.57 * Ranked among companies with meaningful Debt-to-Equity only.
First Farmers and Merchants (OTCPK:FFMH) Debt-to-Equity Explanation
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
First Farmers and Merchants Debt-to-Equity Related Terms
First Farmers and Merchants Debt-to-Equity Historical Data
* 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.
FFMH vs PEBK, OPBK, CZWI: Debt-to-Equity Comparison
For the Banks - Regional subindustry, First Farmers and Merchants's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 and Merchants Debt-to-Equity vs Banks Industry
For the Banks industry and Financial Services sector, First Farmers and Merchants's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where First Farmers and Merchants's Debt-to-Equity falls into.
* 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 and Merchants (FFMH) has a Debt-to-Equity of 0.00 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on First Farmers and Merchants and its competitors. Over the past decade, First Farmers and Merchants' Debt-to-Equity has ranged from 0.04 to 0.84. According to the industry distribution chart, First Farmers and Merchants ranks #999999 out of 1417 companies in the Banks industry.
Is First Farmers and Merchants' Debt-to-Equity too high?
First Farmers and Merchants' current Debt-to-Equity is 0.00. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 0.84. Based on the distribution chart, First Farmers and Merchants ranks #999999 out of 1417 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, First Farmers and Merchants has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does First Farmers and Merchants' Debt-to-Equity compare to PEBK and OPBK?
According to the Banks industry distribution chart, First Farmers and Merchants ranks #999999 out of 1417 companies for Debt-to-Equity. This places First Farmers and Merchants in the lower half of its industry. The industry median Debt-to-Equity is 0.57. Historically, First Farmers and Merchants' own Debt-to-Equity has ranged from 0.04 to 0.84 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Banks company?
The median Debt-to-Equity among Banks companies is 0.57, based on 1,417 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on First Farmers and Merchants and its competitors. For the Banks industry, the median Debt-to-Equity is 0.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Farmers and Merchants's current Debt-to-Equity is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Farmers and Merchants stock overvalued right now?
Based on GuruFocus' analysis, First Farmers and Merchants (FFMH) is currently considered Modestly Overvalued. The stock's GF Value™ is $45.56, compared to a current price of $59.00 — trading 29.5% above its estimated fair value. The current Debt-to-Equity is 0.00. First Farmers and Merchants' overall GF Score™ is 66/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For First Farmers and Merchants (FFMH), the current Debt-to-Equity is 0.00 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is First Farmers and Merchants (FFMH) Overvalued in 2026?
Based on GuruFocus' analysis, First Farmers and Merchants stock appears to be overvalued.
The current stock price of $59.00 is trading 29.5% above its estimated GF Value™ of $45.56.
GuruFocus considers First Farmers and Merchants to be Modestly Overvalued.
Key valuation signals for FFMH:
Debt-to-Equity: 0.00
GF Value™: $45.56 vs. price of $59.00 (29.5% above fair value)
No single metric tells the full story. See the FFMH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
First Farmers and Merchants Corp is a bank holding company whose principal activity is the ownership and management of its wholly-owned subsidiary. The Bank is engaged in providing a full range of banking and financial services, including lending, investing of funds, obtaining deposits, trust, and wealth management operations, and other financing activities to individual and corporate customers in the Middle Tennessee area. The Bank is subject to competition from other financial institutions. It has one reportable segment, which is banking and financial services.
66GF Score
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Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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