First Farmers and MerchantsFFMH 64 Net Margin % is 30.19% as of Mar. 2026, which is 10% above its 10-year median of 27.48. GuruFocus rates FFMH with a GF Score™ of 64/100 and a GF Value™ of $45.39 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,527 Banks companies, First Farmers and Merchants ranks better than 55.14% on this metric.
The historical rank and industry rank for First Farmers and Merchants's Net Margin % or its related term are showing as below:
FFMH'
s Net Margin % Range Over the Past 10 Years
Min: 24.48 Med: 27.48 Max: 29.05
Current: 28.31
FFMH's Net Margin % is ranked better than 55.14% of 1527
companies
in the Banks industry
Industry Median: 26.95
vs FFMH: 28.31
First Farmers and Merchants (OTCPK:FFMH) 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 and Merchants Net Margin % Related Terms
First Farmers and Merchants Net Margin % 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.
For the Banks - Regional subindustry, First Farmers and Merchants'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 and Merchants Net Margin % vs Banks Industry
For the Banks industry and Financial Services sector, First Farmers and Merchants's Net Margin % distribution charts can be found below:
* The bar in red indicates where First Farmers and Merchants's Net Margin % 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 Net Margin % of 30.19% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on First Farmers and Merchants and its competitors. This is 10% above median its historical median of 27.48. Over the past decade, First Farmers and Merchants' Net Margin % has ranged from 24.48 to 29.05. According to the industry distribution chart, First Farmers and Merchants ranks #685 out of 1527 companies in the Banks industry, placing it in the top 44.9%.
Is First Farmers and Merchants' Net Margin % too high?
First Farmers and Merchants' current Net Margin % of 30.19% is 10% above median its 10-year median of 27.48. Over the past 10 years, this metric has ranged from a low of 24.48 to a high of 29.05. The Banks industry median Net Margin % is 26.95. First Farmers and Merchants' value of 30.19% is 12% above this industry median. Based on the distribution chart, First Farmers and Merchants ranks #685 out of 1527 companies in the Banks industry, which is above the industry midpoint. Overall, First Farmers and Merchants has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does First Farmers and Merchants' Net Margin % compare to OVBC and FBLA?
According to the Banks industry distribution chart, First Farmers and Merchants ranks #685 out of 1527 companies for Net Margin %. This puts First Farmers and Merchants in the upper half of its industry. The industry median Net Margin % is 26.95. First Farmers and Merchants' value of 30.19% is 12% above this benchmark. Historically, First Farmers and Merchants' own Net Margin % has ranged from 24.48 to 29.05 over the past decade. While the company's 10-year median is 27.48 vs. the industry median of 26.95, First Farmers and Merchants has consistently been above 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 Net Margin % for a Banks company?
The median Net Margin % among Banks companies is 26.95, based on 1,527 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. First Farmers and Merchants's current Net Margin % of 30.19% is 12% above 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on First Farmers and Merchants and its competitors. For the Banks industry, the median Net Margin % is 26.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Farmers and Merchants's current Net Margin % is 30.19%, which is 10% above median its own 10-year median of 27.48. 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 $45.39, compared to a current price of $57.75 — trading 27.2% above its estimated fair value. The current Net Margin % is 30.19%, which is 10% above median its 10-year median of 27.48 and 12% above the Banks industry median of 26.95. First Farmers and Merchants' overall GF Score™ is 64/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For First Farmers and Merchants (FFMH), the current Net Margin % is 30.19% 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 $57.75 is trading 27.2% above its estimated GF Value™ of $45.39.
GuruFocus considers First Farmers and Merchants to be Modestly Overvalued.
Key valuation signals for FFMH:
Net Margin %: 30.19% (10% above median its 10-year median of 27.48)
GF Value™: $45.39 vs. price of $57.75 (27.2% above fair value)
Industry Position: 12% above the Banks median (#685 of 1527)
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.
64GF Score
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