First Farmers Financial Corp Approves Record Quarterly Dividend
News related to:First Farmers Financial Corp · 2 min read
Converse, Indiana, Sept. 16, 2026 /CourierPR/ -- First Farmers Financial Corp, a leading financial institution based in Converse, Indiana, has announced a significant milestone in its financial performance. On September 15, 2026, the company’s Board of Directors approved a record quarterly cash dividend of $0.27 per share, set to be paid on October 15, 2026. This dividend marks an 8.0% increase from the $0.25 split-adjusted dividend declared in September 2025.
First Farmers Financial Corp, with a market capitalization of $3.6 billion, operates through its subsidiary, First Farmers Bank & Trust Co., which has a wide presence across multiple counties in Indiana and Illinois. The bank serves communities in Boone, Carroll, Cass, Clay, Grant, Hamilton, Howard, Huntington, Madison, Marshall, Miami, Starke, Sullivan, Tippecanoe, Tipton, Vigo, and Wabash counties in Indiana, as well as Coles, Edgar, and Vermilion counties in Illinois.
The dividend declaration reflects the company’s strong financial health and its commitment to rewarding shareholders. The move is expected to provide a significant boost to shareholders, who will receive a higher payout than in the previous quarter.
In addition to the dividend, the company has also announced a stock repurchase plan. The timing, price, and quantity of purchases under this plan will be determined by management. The repurchase program will be funded from the company’s current available working capital. The Board of Directors believes that the stock repurchase plan continues to offer valuable capital management opportunities and will add value for shareholders, contingent upon market and business conditions.
First Farmers Financial Corp, listed on the OTC Markets Group, Inc. "OTCQX" exchange under the ticker symbol FFMR, has consistently demonstrated its ability to navigate the complexities of the financial landscape. This latest announcement underscores the company’s ongoing success and its dedication to shareholder value.
The dividend and repurchase plan are part of the company’s broader strategy to enhance shareholder returns and maintain a strong financial position. With a robust presence in the Midwest, First Farmers Financial Corp continues to play a crucial role in supporting local economies and providing financial services to a wide range of customers.