About First Farmers and Merchants Corporation (FFMH) — Dividend Analysis 2026
First Farmers and Merchants Corporation operates as the bank holding company for First Farmers and Merchants Bank that provides various banking and financial services in Tennessee and Alabama. The company's deposit products include personal and business checking and savings, and individual retirement and investment accounts, as well as certificates of deposit. Its loan portfolio comprises personal mortgages; home equity lines of credit; debit and credit cards; personal, auto, and farmer loans; and business loans, such as commercial mortgages, equipment lending and leasing, construction lending, accounts receivable financing, lines of credit, and other products. The company also offers wealth management services, such as trust and investment services; and treasury management solutions, which include accounts receivable and payable, fraud prevention, and account management solutions, as well as online and mobile banking services. It operates 22 branch offices in seven Middle Tennessee counties. The company was founded in 1909 and is based in Columbia, Tennessee.
Is FFMH a good dividend investment in 2026?
FFMH offers a 2.11% forward yield with a 50% payout ratio. Strand Safety Score: 85/100 (Very Safe). The 5-year dividend CAGR of 30.8% demonstrates strong, consistent growth that outpaces inflation.
FFMH DRIP calculator — what's the difference?
With DRIP on a $10,000 investment over 10 years, your FFMH portfolio grows to $413.7K vs $374.9K without reinvestment. This is the compound interest effect in action.
FFMH dividend growth history & forecast
FFMH has grown its dividend by 0% over the last year and 30.8% annually over 5 years. At this pace, an investor who holds for 10+ years will see their yield on cost grow substantially above the current 2.11%.
Strand Safety Score™ is proprietary to DividendFlow. Inputs: FCF, Debt/EBITDA, Net Income from SEC filings via FMP. Not financial advice. N/A for ETFs, pre-revenue companies, and tickers without income statements.
🌍 FFMH Yield by Country & Account Type
Real after-tax yield depends on where you live and how you hold FFMH.
Gross yield
2.11%
Tax rate
15.00%
After-tax yield
1.79%
Real yield (−CPI)
-1.01%
Account/Country
Tax Rate
After-tax Yield
Real Yield
$10K Annual Income
🇺🇸 Roth IRA / 401k
0%
2.11%
-0.69%
$211 / yr
🇺🇸 US Taxable (15%) ✓
15%
1.79%
-1.01%
$179 / yr
🇺🇸 US Taxable (20%)
20%
1.69%
-1.11%
$169 / yr
🇬🇧 UK ISA
0%
2.11%
-0.69%
$211 / yr
🇬🇧 UK Taxable
8.75%
1.93%
-0.87%
$193 / yr
🇨🇦 TFSA
0%
2.11%
-0.69%
$211 / yr
🇨🇦 CA Taxable
25%
1.58%
-1.22%
$158 / yr
🇦🇺 Super (pension)
15%
1.79%
-1.01%
$179 / yr
🇦🇺 AU Taxable
30%
1.48%
-1.32%
$148 / yr
🇩🇪 DE Taxable
26.375%
1.55%
-1.25%
$155 / yr
🇫🇷 FR Taxable
30%
1.48%
-1.32%
$148 / yr
Real yield = after-tax yield minus US CPI of 2.8%. 12-month CPI (US BLS via FMP economic-indicators). Click any row to select. US withholding tax (30%, reducible by treaty) applies to non-US residents holding US stocks in taxable accounts.
🎯 FFMH Income Goal & Break-Even
Dividend Break-Even
11yr
Years for dividends to fully repay your FFMH investment of $52.99/share (🇺🇸 US Taxable (15%) · 15.00% tax)
$10K invested · 10 Years
Dividends earned (DRIP)
$11.3K
Lost to inflation (2.8% CPI)
−$2.5K
Real purchasing power gain
$8.8K
12-month CPI (US BLS via FMP economic-indicators).
How much do I need to invest in FFMH for:
Shares needed
25,211
Capital required
$1,335,931
Monthly income
$2,000
Based on current dividend of $1.12/share/yr · 🇺🇸 US Taxable (15%) · static projection (no growth assumed).
📅 FFMH Dividend Payment Schedule
FFMH pays quarterly — 4 times per year. Next ex-div: TBD.
Jan
Feb
Mar
💰
Apr
May
Jun
💰
Jul
Aug
Sep
💰
Oct
Nov
Dec
💰
10 shares
$2.38 / payment
$9.52 / year after tax
100 shares
$23.80 / payment
$95.20 / year after tax
1,000 shares
$238.00 / payment
$952.00 / year after tax
📊 FFMH vs Financial Services Benchmarks
How FFMH compares to typical Financial Services averages.
Benchmark: Financial Services
Dividend Yield▼-0.79% vs sectorBelow avg
FFMH
2.11%
avg
2.90%
5Y Dividend CAGR▲+23.70% vs sectorBetter
FFMH
30.80%
avg
7.10%
Payout Ratio▼+12.00% vs sectorBelow avg
FFMH
50.00%
avg
38.00%
Benchmarks: S&P 500 sector averages (2024–2026). Sources: Morningstar, Bloomberg, NAREIT. 5Y CAGR for FFMH sourced from FMP /financial-growth endpoint — real data, not estimates.
🏛️ FFMH Insider Activity
No recent SEC filings reported in the last 90 days.
📅
Next Earnings Report: 2026-04-27(in 27 days)
🔬
Financial Health Scores
Altman Z-Score
-0.72
🔴 Distress Zone — elevated dividend cut risk
Safe: >3.0 · Grey: 1.81–3.0 · Distress: <1.81
Piotroski F-Score
5/9
⚠️ Moderate fundamentals
Strong: 7–9 · Moderate: 4–6 · Weak: 0–3
Altman Z-Score predicts bankruptcy risk. Piotroski F-Score measures financial strength across 9 criteria. High scores → lower dividend cut risk. Data via FMP financial statements.
📊 About This Data
Dividend yields, payout ratios, and financial metrics are sourced from Financial Modeling Prep (FMP) and cross-referenced with SEC EDGAR filings. Data is cached and updated every 24 hours via our nightly refresh. DRIP projections are forward-looking estimates, not guarantees.
Educational purposes only. Not financial advice. DividendFlow is not a registered investment advisor. Projections generated by the FFMH dividend calculator are estimates based on historical data and user inputs. Actual future returns, stock prices, and dividend payments will vary. Dividends can be cut or suspended at any time. All investments carry risk, including the loss of principal. Please consult a qualified financial professional before making any investment decisions. Full disclaimer →