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First Farmers FinancialFFMR 73 Return-on-Tangible-Equity is 17.37% as of Mar. 2026, which is 5% above its 10-year median of 16.61. GuruFocus rates FFMR with a GF Scoreâ„¢ of 73/100 and a GF Valueâ„¢ of $39.04 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,522 Banks companies, First Farmers Financial ranks better than 83.31% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. First Farmers Financial's annualized net income for the quarter that ended in Mar. 2026 was $54.3 Mil. First Farmers Financial's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $312.3 Mil. Therefore, First Farmers Financial's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 17.37%.
The historical rank and industry rank for First Farmers Financial's Return-on-Tangible-Equity or its related term are showing as below:
FFMR'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 13.74 Med: 16.61 Max: 19.44
Current: 17.34
During the past 12 years, First Farmers Financial's highest Return-on-Tangible-Equity was 19.44%. The lowest was 13.74%. And the median was 16.61%.
FFMR's Return-on-Tangible-Equity is ranked better than 83.31% of 1522
companies
in the Banks industry
Industry Median: 11.315
vs FFMR: 17.34
First Farmers Financial (OTCPK:FFMR) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
First Farmers Financial Return-on-Tangible-Equity Related Terms
First Farmers Financial Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for First Farmers Financial's Return-on-Tangible-Equity 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.
First Farmers Financial Return-on-Tangible-Equity Chart
FFMR vs BSVN, BMRC, WTBA: Return-on-Tangible-Equity Comparison
For the Banks - Regional subindustry, First Farmers Financial's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-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 Financial Return-on-Tangible-Equity vs Banks Industry
For the Banks industry and Financial Services sector, First Farmers Financial's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where First Farmers Financial's Return-on-Tangible-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.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 17.37% mean?
First Farmers Financial (FFMR) has a Return-on-Tangible-Equity of 17.37% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on First Farmers Financial and its competitors. This is near median its historical median of 16.61. Over the past decade, First Farmers Financial's Return-on-Tangible-Equity has ranged from 13.74 to 19.44. According to the industry distribution chart, First Farmers Financial ranks #254 out of 1522 companies in the Banks industry, placing it in the top 16.7%.
Is First Farmers Financial's Return-on-Tangible-Equity too high?
First Farmers Financial's current Return-on-Tangible-Equity of 17.37% is near median its 10-year median of 16.61. Over the past 10 years, this metric has ranged from a low of 13.74 to a high of 19.44. The Banks industry median Return-on-Tangible-Equity is 11.32. First Farmers Financial's value of 17.37% is 53.5% above this industry median. Based on the distribution chart, First Farmers Financial ranks #254 out of 1522 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, First Farmers Financial has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does First Farmers Financial's Return-on-Tangible-Equity compare to BSVN and BMRC?
According to the Banks industry distribution chart, First Farmers Financial ranks #254 out of 1522 companies for Return-on-Tangible-Equity. This places First Farmers Financial in the top 17% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 11.32. First Farmers Financial's value of 17.37% is 53.5% above this benchmark. Historically, First Farmers Financial's own Return-on-Tangible-Equity has ranged from 13.74 to 19.44 over the past decade. While the company's 10-year median is 16.61 vs. the industry median of 11.32, First Farmers Financial 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 Return-on-Tangible-Equity for a Banks company?
The median Return-on-Tangible-Equity among Banks companies is 11.32, based on 1,522 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. First Farmers Financial's current Return-on-Tangible-Equity of 17.37% is 53.5% 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 Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on First Farmers Financial and its competitors. For the Banks industry, the median Return-on-Tangible-Equity is 11.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Farmers Financial's current Return-on-Tangible-Equity is 17.37%, which is near median its own 10-year median of 16.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Farmers Financial stock overvalued right now?
Based on GuruFocus' analysis, First Farmers Financial (FFMR) is currently considered Modestly Undervalued. The stock's GF Value™ is $39.04, compared to a current price of $34.30 — trading 12.1% below its estimated fair value. The current Return-on-Tangible-Equity is 17.37%, which is near median its 10-year median of 16.61 and 53.5% above the Banks industry median of 11.32. First Farmers Financial's overall GF Score™ is 73/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For First Farmers Financial (FFMR), the current Return-on-Tangible-Equity is 17.37% 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 Financial (FFMR) Overvalued in 2026?
Based on GuruFocus' analysis, First Farmers Financial stock appears to be undervalued.
The current stock price of $34.30 is trading 12.1% below its estimated GF Value™ of $39.04.
GuruFocus considers First Farmers Financial to be Modestly Undervalued.
Key valuation signals for FFMR:
Return-on-Tangible-Equity: 17.37% (near median its 10-year median of 16.61)
GF Value™: $39.04 vs. price of $34.30 (12.1% below fair value)
Industry Position: 53.5% above the Banks median (#254 of 1522)
No single metric tells the full story. See the FFMR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
First Farmers Financial Corp is a financial holding company. Along with its subsidiaries, it is mainly engaged in providing a range of banking products and services to individuals, families, and businesses. Its products and services include deposits, retirement and health savings accounts, consumer loans, home equity, and account management and leasing. The group 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.
73GF Score
Get the complete analysis for FFMR
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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