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First Farmers and MerchantsFFMH +0.85%67 Equity-to-Asset is 0.10 as of Jun. 2026, which is 25% above its 10-year median of 0.08. GuruFocus rates FFMH with a GF Score™ of 67/100 and a GF Value™ of $48.25 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,525 Banks companies, First Farmers and Merchants ranks better than 54.89% on this metric.
First Farmers and Merchants (OTCPK:FFMH) Equity-to-Asset Explanation
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
First Farmers and Merchants Equity-to-Asset Related Terms
First Farmers and Merchants Equity-to-Asset 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 OPBK, NKSH, MRBK: Equity-to-Asset Comparison
For the Banks - Regional subindustry, First Farmers and Merchants's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset vs Banks Industry
For the Banks industry and Financial Services sector, First Farmers and Merchants's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where First Farmers and Merchants's Equity-to-Asset falls into.
First Farmers and Merchants Equity-to-Asset Calculation
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
First Farmers and Merchants's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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 Equity-to-Asset of 0.10 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on First Farmers and Merchants and its competitors. This is 25% above median its historical median of 0.08. Over the past decade, First Farmers and Merchants' Equity-to-Asset has ranged from 0.04 to 0.10. According to the industry distribution chart, First Farmers and Merchants ranks #688 out of 1525 companies in the Banks industry, placing it in the top 45.1%.
Is First Farmers and Merchants' Equity-to-Asset too high?
First Farmers and Merchants' current Equity-to-Asset of 0.10 is 25% above median its 10-year median of 0.08. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 0.10. The Banks industry median Equity-to-Asset is 0.10. First Farmers and Merchants' value of 0.10 is 0% at this industry median. Based on the distribution chart, First Farmers and Merchants ranks #688 out of 1525 companies in the Banks industry, which is above the industry midpoint. Overall, First Farmers and Merchants has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does First Farmers and Merchants' Equity-to-Asset compare to OPBK and NKSH?
According to the Banks industry distribution chart, First Farmers and Merchants ranks #688 out of 1525 companies for Equity-to-Asset. This puts First Farmers and Merchants in the upper half of its industry. The industry median Equity-to-Asset is 0.10. First Farmers and Merchants' value of 0.10 is 0% at this benchmark. Historically, First Farmers and Merchants' own Equity-to-Asset has ranged from 0.04 to 0.10 over the past decade. While the company's 10-year median is 0.08 vs. the industry median of 0.10, First Farmers and Merchants has consistently been at the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Banks company?
The median Equity-to-Asset among Banks companies is 0.10, based on 1,525 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. First Farmers and Merchants's current Equity-to-Asset of 0.10 is 0% at the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on First Farmers and Merchants and its competitors. For the Banks industry, the median Equity-to-Asset is 0.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Farmers and Merchants's current Equity-to-Asset is 0.10, which is 25% above median its own 10-year median of 0.08. 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 $48.25, compared to a current price of $59.50 — trading 23.3% above its estimated fair value. The current Equity-to-Asset is 0.10, which is 25% above median its 10-year median of 0.08 and 0% at the Banks industry median of 0.10. First Farmers and Merchants' overall GF Score™ is 67/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For First Farmers and Merchants (FFMH), the current Equity-to-Asset is 0.10 as of Jun. 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 $59.50 is trading 23.3% above its estimated GF Value™ of $48.25.
GuruFocus considers First Farmers and Merchants to be Modestly Overvalued.
Key valuation signals for FFMH:
Equity-to-Asset: 0.10 (25% above median its 10-year median of 0.08)
GF Value™: $48.25 vs. price of $59.50 (23.3% above fair value)
Industry Position: 0% at the Banks median (#688 of 1525)
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.
67GF Score
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