First Farmers Financial (First Farmers Financial) Gross-Profit-to-Asset % : 4.12% (As of Dec. 2023)

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What is First Farmers Financial Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. First Farmers Financial's annualized Gross Profit for the quarter that ended in Dec. 2023 was $123.2 Mil. First Farmers Financial's average Total Assets over the quarter that ended in Dec. 2023 was $2,986.8 Mil. Therefore, First Farmers Financial's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 4.12%.

First Farmers Financial Gross-Profit-to-Asset % Historical Data

The historical data trend for First Farmers Financial's Gross-Profit-to-Asset % 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.

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First Farmers Financial Gross-Profit-to-Asset % Chart

First Farmers Financial Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross-Profit-to-Asset %

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4.64

4.63

4.44

4.16

4.13

First Farmers Financial Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Gross-Profit-to-Asset %	Get a 7-Day Free Trial															4.40	4.18	4.18	4.03	4.12

Competitive Comparison of First Farmers Financial's Gross-Profit-to-Asset %

For the Banks - Regional subindustry, First Farmers Financial's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-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 Financial's Gross-Profit-to-Asset % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, First Farmers Financial's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where First Farmers Financial's Gross-Profit-to-Asset % falls into.

First Farmers Financial Gross-Profit-to-Asset % Calculation

First Farmers Financial's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Dec. 2023 )	/	( (Total Assets (A: Dec. 2022 )	+	Total Assets (A: Dec. 2023 ))	/ count )
	=	118.9	/	( (2748.529	+	3006.142)	/ 2 )
	=	118.9	/	2877.3355
	=	4.13 %

First Farmers Financial's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	123.196	/	( (2967.468	+	3006.142)	/ 2 )
	=	123.196	/	2986.805
	=	4.12 %

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Dec. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

First Farmers Financial Gross-Profit-to-Asset % Related Terms

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First Farmers Financial (First Farmers Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » First Farmers Financial Corp (OTCPK:FFMR) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

N/A

Address

123 North Jefferson Street, Converse, IN, USA, 46919

Website

https://www.ffbt.com

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.