First Farmers and Merchants Corporation (FFMH) revealed earnings for its first quarter that Increases, from last year
The company's earnings totaled $5.462 million, or $1.37 per share. This compares with $4.461 million, or $1.10 per share, last year.
Excluding items, First Farmers and Merchants Corporation reported adjusted earnings of $5.482 million or $1.38 per share for the period.
First Farmers and Merchants Corporation earnings at a glance (GAAP) :
-Earnings: $5.462 Mln. vs. $4.461 Mln. last year.-EPS: $1.37 vs. $1.10 last year.
This rise in net income was primarily due to growth in net interest income and a decrease in provision expense for credit losses.
Net interest income increased to $14.8 million from $12.6 million in the first quarter of the previous year.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.