FFMH (First Farmers and Merchants) Interest Expense : $-23.48 Mil (TTM As of Jun. 2024)

View and export this data going back to 2009. Start your Free Trial

What is First Farmers and Merchants Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. First Farmers and Merchants's interest expense for the three months ended in Jun. 2024 was $ -6.02 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was $-23.48 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. First Farmers and Merchants's Operating Income for the three months ended in Jun. 2024 was $ Mil. First Farmers and Merchants's Interest Expense for the three months ended in Jun. 2024 was $ Mil. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

First Farmers and Merchants Interest Expense Historical Data

The historical data trend for First Farmers and Merchants's Interest Expense 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 and Merchants Interest Expense Chart

First Farmers and Merchants Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-5.74

-3.79

-2.38

-3.24

-16.40

First Farmers and Merchants Quarterly Data
	Dec18	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Interest Expense	Get a 7-Day Free Trial															-2.92	-5.24	-6.05	-6.17	-6.02

First Farmers and Merchants Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-23.48 Mil.

First Farmers and Merchants Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » First Farmers and Merchants Corp (OTCPK:FFMH) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

816 South Garden Street, Columbia, TN, USA, 38401

Website

http://www.myfirstfarmers.com

First Farmers and Merchants Corp is a bank holding company whose principal activity is the ownership and management of its wholly-owned subsidiary, First Farmers and Merchants Bank (the Bank). 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. The company and the Bank are subject to the regulation of certain federal and state agencies and undergo periodic examinations by those regulatory authorities.