FirstMerit Corp. Company Profile (NASDAQ:FMER)

Analyst Ratings

Consensus Ratings for FirstMerit Corp. (NASDAQ:FMER) (?)
Ratings Breakdown: 4 Hold Rating(s), 2 Buy Rating(s)
Consensus Rating:Hold (Score: 2.33)
Consensus Price Target: $20.75 (1.33% downside)

Analysts' Ratings History for FirstMerit Corp. (NASDAQ:FMER)
Show:
DateFirmActionRatingPrice TargetActions
4/4/2016Barclays PLCReiterated RatingBuyView Rating Details  Tweet This Rating  Share This Rating on StockTwits
2/3/2016Keefe, Bruyette & WoodsBoost Price Target$20.00 -> $24.75View Rating Details  Tweet This Rating  Share This Rating on StockTwits
1/28/2016Sandler O'NeillUpgradeHold -> BuyView Rating Details  Tweet This Rating  Share This Rating on StockTwits
1/27/2016Raymond James Financial Inc.UpgradeUnderperform -> Market PerformView Rating Details  Tweet This Rating  Share This Rating on StockTwits
1/27/2016StephensDowngradeOverweight -> Equal WeightView Rating Details  Tweet This Rating  Share This Rating on StockTwits
1/27/2016Royal Bank Of CanadaDowngradeOutperform -> Sector Perform$21.00 -> $19.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
1/15/2016Hovde GroupInitiated CoverageMarket Perform$18.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
6/29/2015SunTrust Banks Inc.Boost Price TargetNeutral$20.00 -> $22.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
3/16/2015JPMorgan Chase & Co.Reiterated RatingHold$20.50 -> $21.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
10/29/2014DA DavidsonReiterated RatingBuy$23.00 -> $22.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
(Data available from 7/26/2014 forward)

Earnings

Earnings History for FirstMerit Corp. (NASDAQ:FMER)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallActions
7/26/2016        
7/26/2016Q216$0.34$0.36$258.24 million$252.90 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/26/2016Q116$0.33$0.34$253.53 million$256.50 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
1/26/2016Q415$0.34$0.33$259.10 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/27/2015Q315$0.34$0.34$257.81 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/28/2015Q215$0.34$0.33$260.02 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/28/2015Q115$0.33$0.33$258.23 million$251.47 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
1/27/2015Q414$0.36$0.36$265.00 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/28/2014Q314$0.37$0.37$270.36 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/22/2014Q214$0.36$0.35$269.22 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/22/2014Q114$0.36$0.31$266.01 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
1/27/2014Q413$0.36$0.33$273.82 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/22/2013Q313$0.34$0.23$273.80 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/23/2013Q2 2013$0.31$0.29$250.80 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/23/2013Q1 2013$0.31$0.33$161.01 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
1/22/2013Q4 2012$0.32$0.35$174.26 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/23/2012$0.32$0.32ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/24/2012$0.28$0.28ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/24/2012$0.25$0.28ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
1/24/2012$0.26$0.28ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/25/2011$0.27$0.29ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/26/2011$0.28$0.27ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/26/2011$0.25$0.25ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/1/2011$0.27$0.25ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for FirstMerit Corp. (NASDAQ:FMER)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.33$0.33$0.33
Q2 20162$0.34$0.35$0.35
Q3 20162$0.35$0.37$0.36
Q4 20163$0.36$0.38$0.37
Q2 20171$0.37$0.37$0.37
Q3 20171$0.39$0.39$0.39
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for FirstMerit Corp. (NASDAQ:FMER)
Annual Dividend:$0.68
Dividend Yield:3.23%
Payout Ratio:51.91% (Based on Trailing 12 Months of Earnings)
49.64% (Based on Current Year Consensus EPS Estimate)
45.95% (Based on Next Year Consensus EPS Estimate)

Dividend History for FirstMerit Corp. (NASDAQ:FMER)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable DateShare
5/19/2016quarterly$0.173.03%5/26/20165/31/20166/20/2016Tweet This Announcement  Share This Announcement on StockTwits
2/18/2016quarterly$0.173.5%2/25/20162/29/20163/21/2016Tweet This Announcement  Share This Announcement on StockTwits
11/19/2015quarterly$0.173.29%11/25/201511/30/201512/21/2015Tweet This Announcement  Share This Announcement on StockTwits
8/20/2015quarterly$0.173.85%8/27/20158/31/20159/21/2015Tweet This Announcement  Share This Announcement on StockTwits
5/21/2015quarterly$0.163.27%5/28/20156/1/20156/15/2015Tweet This Announcement  Share This Announcement on StockTwits
2/19/2015quarterly$0.163.5%2/26/20153/2/20153/16/2015Tweet This Announcement  Share This Announcement on StockTwits
11/20/2014quarterly$0.163.52%11/26/201412/1/201412/15/2014Tweet This Announcement  Share This Announcement on StockTwits
8/21/2014quarterly$0.163.64%8/28/20149/2/20149/15/2014Tweet This Announcement  Share This Announcement on StockTwits
5/15/2014quarterly$0.163.4%5/22/20145/27/20146/16/2014Tweet This Announcement  Share This Announcement on StockTwits
2/21/2014quarterly$0.163.15%2/27/20143/3/20143/17/2014Tweet This Announcement  Share This Announcement on StockTwits
11/21/2013quarterly$0.162.77%11/27/201312/2/201312/16/2013Tweet This Announcement  Share This Announcement on StockTwits
8/15/2013quarterly$0.162.82%8/22/20138/26/20139/16/2013Tweet This Announcement  Share This Announcement on StockTwits
5/16/2013quarterly$0.163.5%5/23/20135/28/20136/17/2013Tweet This Announcement  Share This Announcement on StockTwits
2/21/2013quarterly$0.164.24%2/28/20133/4/20133/18/2013Tweet This Announcement  Share This Announcement on StockTwits
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for FirstMerit Corp. (NASDAQ:FMER)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionActions
11/6/2015Christopher J MaurerEVPSell4,561$20.34$92,770.74View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
6/15/2015Sandra E PierceVice ChairmanSell6,000$20.79$124,740.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
6/9/2015Christopher J MaurerEVPSell5,313$20.57$109,288.41View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
5/4/2015Russ M StrobelDirectorBuy2,000$19.20$38,400.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
3/20/2015William P RichgelsEVPSell11,004$19.48$214,357.92View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
2/6/2015J Michael HochschwenderDirectorSell2,837$17.82$50,555.34View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
12/22/2014Judith A SteinerEVPSell2,500$18.80$47,000.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
12/10/2014Clifford J IsroffDirectorSell3,000$18.10$54,300.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
6/19/2014William P RichgelsEVPSell15,000$19.70$295,500.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
4/24/2014Russ StrobelDirectorBuy5,000$19.08$95,400.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
3/6/2014N. James BrocklehurstEVPSell4,673$21.15$98,833.95View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
10/31/2013John C BlickleDirectorSell8,863$22.81$202,165.03View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
10/28/2013John C BlickleDirectorSell42,082$23.15$974,198.30View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
8/14/2013N. James BrocklehurstEVPSell2,200$22.73$50,006.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
5/28/2013William P RichgelsEVPSell14,424$18.60$268,286.40View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
5/13/2013Judith A SteinerEVPSell3,000$17.53$52,590.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
4/25/2013Mark D QuinlanEVPBuy1,000$16.79$16,790.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
4/25/2013Russ M StrobelDirectorBuy5,000$16.96$84,800.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
9/17/2012Robert W BriggsDirectorBuy3,300$15.19$50,127.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for FirstMerit Corp. (NASDAQ:FMER)
DateHeadline
07/26/16 04:08 PMFirstMerit Corp. Q2 Income Advances 9%
07/26/16 08:55 AMFIRSTMERIT CORP /OH/ Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhi -
07/26/16 06:52 AMFirstMerit posts 2Q profit -
07/22/16 03:56 PMHuntington Bank profit drops as acquisition deal nears completion
07/21/16 09:34 PMHuntington Bank profit drops 18% as FirstMerit deal nears completion
07/21/16 09:34 PMFirstMerit : Dedicates Clifford J. Isroff Building in Downtown Akron
07/21/16 04:13 PMFirstMerit Dedicates Clifford J. Isroff Building in Downtown Akron - PR Newswire (press release)
07/21/16 04:13 PMHuntington Bank profit drops 18% as FirstMerit deal nears completion - Columbus Business First
07/21/16 02:26 PMFirstMerit Dedicates Clifford J. Isroff Building in Downtown Akron - [PR Newswire] - AKRON, Ohio, July 21, 2016 /PRNewswire/ -- FirstMerit (Nasdaq: FMER) announced today the naming of the Clifford J. Isroff Building at III Cascade Plaza. Named for the late lead director of FirstMerit's ...
07/21/16 07:36 AMAre Analysts Bearish Firstmerit Corp (NASDAQ:FMER) After Last Week? - Consumer Eagle
07/19/16 03:01 PMFirstMerit Announces Date of Its 2016 Second Quarter Earnings Release - [PR Newswire] - AKRON, Ohio, July 19, 2016 /PRNewswire/ -- FirstMerit (Nasdaq: FMER) will release second quarter results on Tuesday, July 26, 2016. The second quarter earnings release will be available at approximately ...
07/15/16 04:49 AMFMER Crosses Above Average Analyst Target - Nasdaq
07/14/16 04:11 PMHuntington, FirstMerit to divest 13 branches to allay concerns over $3.4 billion acquisition deal - Crain's Detroit Business
07/14/16 04:11 PMFirstmerit Corporation (NASDAQ:FMER) Sellers Covered 17.43% of Their Shorts - Consumer Eagle
07/14/16 07:20 AMJustice Department Approves Branch Sales Tied to Huntington-FirstMerit Deal - Wall Street Journal
07/13/16 08:09 PM[$$] Huntington Bancshares, FirstMerit Get Antitrust Approval on Branch Sales -
07/13/16 04:22 PMHuntington, FirstMerit to divest 13 branches to allay concerns over $3.4 billion acquisition deal
07/13/16 12:39 PMHuntington/FirstMerit merger approved by DOJ after divestitures -
07/11/16 04:03 PMCompany Shares of FirstMerit Corporation (NASDAQ:FMER) Drops by -1.54% - Trade Calls
07/09/16 07:30 AMFirstmerit Corp Gaps Up; Strong Momentum for Buyers - Engelwood Daily
07/01/16 05:28 AMMoney Center Banks Stocks Technical Insight -- FirstMerit, Royal Bank of Canada, Great Western Bancorp., and Bank ... - PR Newswire (press release)
07/01/16 05:28 AMBiggest Movers in Financial Stocks Now – CCCR BXS TREE FXCM - Investorplace.com
07/01/16 05:28 AMFirstmerit Corporation (NASDAQ:FMER) Short Interest Decreased By 17.43% - Engelwood Daily
06/30/16 05:41 AMAnalyst Rating Update on FirstMerit Corporation (FMER) - TheFounders Daily
06/30/16 05:41 AMAre Analysts Bearish Firstmerit Corp (NASDAQ:FMER) After Last Week? - Engelwood Daily
06/29/16 03:58 PMHuntington Bancshares capital plan greenlighted by Fed
06/28/16 11:25 AMFirstMerit Corp. :FMER-US: Earnings Analysis: Q1, 2016 By the Numbers : June 28, 2016 -
06/28/16 11:25 AMFirstMerit Corp. :FMER-US: Earnings Analysis: Q1, 2016 By the Numbers : June 28, 2016 -
06/27/16 08:31 AMPierce talks of bank transition and life - Crain's Detroit Business
06/26/16 08:56 AMPierce talks of bank transition and life
06/24/16 04:08 PMRSI Alert: FirstMerit Now Oversold
06/23/16 08:10 AMFirstMerit (FMER) Is in Oversold Territory: What's Next? -
06/22/16 02:14 PMHuntington Bank names new Central Ohio president -
06/22/16 11:50 AMHuntington sets post-FirstMerit leadership team: 'We’re deepening our bench' -
06/22/16 08:42 AMSandy Pierce named senior executive VP at Huntington Bank - Crain's Detroit Business
06/22/16 08:30 AMHuntington restructures bank leadership following acquisition -
06/20/16 01:43 PMBB&T's Acquisitions Fuel Growth, Soaring Costs a Concern -
06/20/16 10:15 AMFinancial Stocks Broker Alerts: Huntington Bancshares Incorporated (NASDAQ:HBAN), LendingClub Corp (NYSE:LC) - share market updates (press release)
06/18/16 03:39 PMFirstMerit Corporation (FMER) is Trading Lower on Unusual Volume for June 16 - Equities.com
06/15/16 04:04 PMFirstMerit, Huntington shareholders OK $3.4 billion deal - Crain's Detroit Business
06/15/16 08:46 AMAnalyst Price Target Update on FirstMerit Corporation (NASDAQ:FMER) - TheFounders Daily
06/14/16 03:57 PMFirstMerit, Huntington shareholders OK $3.4 billion deal
06/14/16 03:57 PMHuntington, FirstMerit Shareholders Approve Merger
06/14/16 03:57 PMHuntington-FirstMerit Merger Deal Gets Shareholders' Nod
06/14/16 09:25 AMFIRSTMERIT CORP /OH/ Files SEC form 8-K, Submission of Matters to a Vote of Security Holders -
06/13/16 04:25 PMHuntington, FirstMerit shareholders approve $3.4B merger -
06/13/16 03:19 PMHuntington, FirstMerit Shareholders Approve Merger of FirstMerit Into Huntington - [at noodls] - AKRON, OH and COLUMBUS, OH -- (Marketwired) -- 06/13/16 -- FirstMerit Corporation (NASDAQ: FMER)(www.firstmerit.com) and Huntington Bancshares Incorporated (NASDAQ: HBAN)(www.huntington.com) announced ...
06/13/16 05:50 AMRecent Movements of Stocks: Manulife Financial Corp (NYSE:MFC) , FirstMerit Corporation (NASDAQ:FMER) - Street Updates
06/09/16 04:08 PMFirstMerit Corporation (NASDAQ:FMER) Fundamental Star Rating Report - CML News
06/07/16 11:15 AMFIRSTMERIT CORP /OH/ Files SEC form 8-K, Other Events, Financial Statements and Exhibits -

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About FirstMerit Corp.

FirstMerit Corp. logoFirstMerit Corporation is a bank holding company. The Company's business consists of owning and supervising its affiliates. It operates through FirstMerit Bank, N.A. and its other subsidiaries, providing a range of banking, fiduciary, financial, insurance and investment services to customers throughout Ohio, the Chicago, Illinois-metropolitan area, Michigan, Wisconsin and Western Pennsylvania. Its segments include Commercial, Retail, Wealth and Other. The Commercial segment provides various lending, depository and related financial services. The Retail segment includes consumer lending and deposit gathering, residential mortgage loan origination and servicing, and branch-based small business banking. The Wealth segment offers a range of asset management, private banking, financial planning, estate settlement and administration, credit and deposit products and services. The Other segment includes activities of the parent company, community development operations and the treasury group.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Money Center Banks
  • Sub-Industry: Regional Banks
  • Exchange: NASDAQ
  • Symbol: FMER
  • CUSIP: 33791510
Key Metrics:
  • Previous Close: $21.03
  • 50 Day Moving Average: $20.72
  • 200 Day Moving Average: $20.60
  • P/E Ratio: 16.05
  • P/E Growth: 1.90
  • Market Cap: $3.50B
  • Beta: 1.24
  • Current Year EPS Consensus Estimate: $1.37 EPS
  • Next Year EPS Consensus Estimate: $1.48 EPS
Additional Links:
FirstMerit Corp. (NASDAQ:FMER) Chart for Tuesday, July, 26, 2016