Firstmerit Corp Company Profile (NASDAQ:FMER)

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: $21.61
  • 50 Day Moving Average: $20.74
  • 200 Day Moving Average: $21.07
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 14.70
  • P/E Growth: 1.99
  • Market Cap: $N/A
  • Beta: 1.2
Additional Links:
Companies Related to Firstmerit Corp:

Analyst Ratings

Consensus Ratings for Firstmerit Corp (NASDAQ:FMER) (?)
Ratings Breakdown: 4 Hold Ratings, 2 Buy Ratings
Consensus Rating:Hold (Score: 2.33)
Consensus Price Target: $20.69 (4.27% downside)

Analysts' Ratings History for Firstmerit Corp (NASDAQ:FMER)
Show:
DateFirmActionRatingPrice TargetDetails
4/4/2016Barclays PLCReiterated RatingBuyView Rating Details
2/3/2016Keefe, Bruyette & WoodsBoost Price Target$20.00 -> $24.75View Rating Details
1/28/2016Sandler O'NeillUpgradeHold -> BuyView Rating Details
1/27/2016Raymond James Financial Inc.UpgradeUnderperform -> Market PerformView Rating Details
1/27/2016StephensDowngradeOverweight -> Equal WeightView Rating Details
1/27/2016Royal Bank Of CanadaDowngradeOutperform -> Sector Perform$21.00 -> $19.00View Rating Details
1/15/2016Hovde GroupInitiated CoverageMarket Perform$18.00View Rating Details
6/29/2015SunTrust Banks Inc.Boost Price TargetNeutral$20.00 -> $22.00View Rating Details
3/16/2015JPMorgan Chase & Co.Reiterated RatingHold$20.50 -> $21.00View Rating Details
10/29/2014DA DavidsonReiterated RatingBuy$23.00 -> $22.00View Rating Details
(Data available from 8/24/2014 forward)

Earnings

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

Estimates

Earnings Estimates for Firstmerit Corp (NASDAQ:FMER)
Current Year EPS Consensus Estimate: $1.36 EPS
Next Year EPS Consensus Estimate: $1.47 EPS
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:3.15%
Payout Ratio:51.52% (Based on Trailing 12 Months of Earnings)
50.00% (Based on Current Year Consensus EPS Estimate)
46.26% (Based on Next Year Consensus EPS Estimate)

Dividend History for Firstmerit Corp (NASDAQ:FMER)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
5/19/2016quarterly$0.173.03%5/26/20165/31/20166/20/2016
2/18/2016quarterly$0.173.5%2/25/20162/29/20163/21/2016
11/19/2015quarterly$0.173.29%11/25/201511/30/201512/21/2015
8/20/2015quarterly$0.173.85%8/27/20158/31/20159/21/2015
5/21/2015quarterly$0.163.27%5/28/20156/1/20156/15/2015
2/19/2015quarterly$0.163.5%2/26/20153/2/20153/16/2015
11/20/2014quarterly$0.163.52%11/26/201412/1/201412/15/2014
8/21/2014quarterly$0.163.64%8/28/20149/2/20149/15/2014
5/15/2014quarterly$0.163.4%5/22/20145/27/20146/16/2014
2/21/2014quarterly$0.163.15%2/27/20143/3/20143/17/2014
11/21/2013quarterly$0.162.77%11/27/201312/2/201312/16/2013
8/15/2013quarterly$0.162.82%8/22/20138/26/20139/16/2013
5/16/2013quarterly$0.163.5%5/23/20135/28/20136/17/2013
2/21/2013quarterly$0.164.24%2/28/20133/4/20133/18/2013
(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 TransactionDetails
11/6/2015Christopher J MaurerEVPSell4,561$20.34$92,770.74View SEC Filing  
6/15/2015Sandra E PierceVice ChairmanSell6,000$20.79$124,740.00View SEC Filing  
6/9/2015Christopher J MaurerEVPSell5,313$20.57$109,288.41View SEC Filing  
5/4/2015Russ M StrobelDirectorBuy2,000$19.20$38,400.00View SEC Filing  
3/20/2015William P RichgelsEVPSell11,004$19.48$214,357.92View SEC Filing  
2/6/2015J Michael HochschwenderDirectorSell2,837$17.82$50,555.34View SEC Filing  
12/22/2014Judith A SteinerEVPSell2,500$18.80$47,000.00View SEC Filing  
12/10/2014Clifford J IsroffDirectorSell3,000$18.10$54,300.00View SEC Filing  
6/19/2014William P RichgelsEVPSell15,000$19.70$295,500.00View SEC Filing  
4/24/2014Russ StrobelDirectorBuy5,000$19.08$95,400.00View SEC Filing  
3/6/2014N. James BrocklehurstEVPSell4,673$21.15$98,833.95View SEC Filing  
10/31/2013John C BlickleDirectorSell8,863$22.81$202,165.03View SEC Filing  
10/28/2013John C BlickleDirectorSell42,082$23.15$974,198.30View SEC Filing  
8/14/2013N. James BrocklehurstEVPSell2,200$22.73$50,006.00View SEC Filing  
5/28/2013William P RichgelsEVPSell14,424$18.60$268,286.40View SEC Filing  
5/13/2013Judith A SteinerEVPSell3,000$17.53$52,590.00View SEC Filing  
4/25/2013Mark D QuinlanEVPBuy1,000$16.79$16,790.00View SEC Filing  
4/25/2013Russ M StrobelDirectorBuy5,000$16.96$84,800.00View SEC Filing  
9/17/2012Robert W BriggsDirectorBuy3,300$15.19$50,127.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Firstmerit Corp (NASDAQ:FMER)
DateHeadline
News IconHuntington Bancshares Incorporated (NASDAQ:HBAN) Fulfills Firstmerit Corp (NASDAQ:FMER) Acquisition, Reveals ... - Journal Transcript (NASDAQ:FMER)
www.journaltranscript.com - August 22 at 5:04 PM
bizjournals.com logoHuntington Bank names new controller (NASDAQ:FMER)
www.bizjournals.com - August 22 at 5:04 PM
nasdaq.com logoConsumer Sector Update for 08/17/2016: PATK,DY,FMER,HBAN,URBN,PLKI - Nasdaq (NASDAQ:FMER)
www.nasdaq.com - August 17 at 5:16 PM
capitalcube.com logoFirstMerit Corp. breached its 50 day moving average in a Bearish Manner : FMER-US : August 17, 2016 (NASDAQ:FMER)
www.capitalcube.com - August 17 at 5:16 PM
News IconHuntington completes acquisition of FirstMerit (NASDAQ:FMER)
www.crainsdetroit.com - August 17 at 8:03 AM
moodys.com logoFirstMerit Bank, N.A. -- Moody's downgrades FirstMerit (senior to Baa1) following acquisition by Huntington (NASDAQ:FMER)
www.moodys.com - August 17 at 8:03 AM
News IconHuntington completes acquisition of FirstMerit - Crain's Detroit Business (NASDAQ:FMER)
www.crainsdetroit.com - August 16 at 5:10 PM
biz.yahoo.com logoFIRSTMERIT CORP /OH/ Files SEC form 8-K, Entry into a Material Definitive Agreement, Completion of Acquisition or Dis (NASDAQ:FMER)
biz.yahoo.com - August 16 at 5:10 PM
bizjournals.com logoHuntington set to become Ohio's largest bank with acquisition of FirstMerit (NASDAQ:FMER)
www.bizjournals.com - August 16 at 5:10 PM
finance.yahoo.com logoFIRSTMERIT CORP /OH/ Financials (NASDAQ:FMER)
finance.yahoo.com - August 4 at 5:23 PM
capitalcube.com logoETF’s with exposure to FirstMerit Corp. : August 4, 2016 (NASDAQ:FMER)
www.capitalcube.com - August 4 at 5:23 PM
capitalcube.com logoFirstMerit Corp. :FMER-US: Earnings Analysis: Q2, 2016 By the Numbers : August 3, 2016 (NASDAQ:FMER)
www.capitalcube.com - August 3 at 5:23 PM
capitalcube.com logoFirstMerit Corp. breached its 50 day moving average in a Bearish Manner : FMER-US : August 2, 2016 (NASDAQ:FMER)
www.capitalcube.com - August 2 at 5:19 PM
News Icon12 FirstMerit, Huntington branches to close in Southeast Michigan, 26 outstate (NASDAQ:FMER)
www.crainsdetroit.com - August 2 at 9:51 AM
News IconFederal Reserve approves $3.4 billion Huntington, FirstMerit deal (NASDAQ:FMER)
www.crainsdetroit.com - August 1 at 4:57 PM
News IconFederal Reserve approves $3.4 billion Huntington, FirstMerit deal - Crain's Detroit Business (NASDAQ:FMER)
www.crainsdetroit.com - August 1 at 9:51 AM
biz.yahoo.com logoFIRSTMERIT CORP /OH/ Files SEC form 8-K, Other Events (NASDAQ:FMER)
biz.yahoo.com - August 1 at 6:08 AM
finance.yahoo.com logo5 Trade Ideas for Monday: Ashland, FirstMerit, Lazard, Merck and Red Hat (NASDAQ:FMER)
finance.yahoo.com - July 31 at 9:23 AM
tradecalls.org logoSphinx Trading Lp buys $437,850 stake in Firstmerit Corp (FMER ... - Trade Calls (NASDAQ:FMER)
www.tradecalls.org - July 30 at 5:32 AM
biz.yahoo.com logoFIRSTMERIT CORP /OH/ Files SEC form 10-Q, Quarterly Report (NASDAQ:FMER)
biz.yahoo.com - July 29 at 11:33 AM
News IconFirstMerit to sell 13 branches in Ohio to to First Commonwealth Bank (NASDAQ:FMER)
www.crainsdetroit.com - July 28 at 9:34 PM
News IconHuntington Bancshares Incorporated (NASDAQ:HBAN) and Firstmerit Corp (NASDAQ:FMER) Enter Into A Definitive ... - WallStreetPR (blog) (NASDAQ:FMER)
wallstreetpr.com - July 28 at 3:48 PM
News IconStocks Lure Investment- T. Rowe Price (NASDAQ:TROW), Tokai Pharmaceuticals (NASDAQ:TKAI), FirstMerit (NASDAQ ... - Seneca Globe (NASDAQ:FMER)
www.senecaglobe.com - July 28 at 5:38 AM
News IconFirstMerit to sell 13 branches in Ohio to First Commonwealth Bank - Crain's Detroit Business (NASDAQ:FMER)
www.crainsdetroit.com - July 27 at 10:46 PM
4-traders.com logoHuntington Bancshares : FirstMerit, Huntington Announce Buyer in Pending Divestiture of 13 FirstMerit Canton, Ashtabula-Area Branches (NASDAQ:FMER)
www.4-traders.com - July 27 at 5:15 PM
News IconFirstMerit to sell 13 branches in Ohio to First Commonwealth Bank (NASDAQ:FMER)
www.crainsdetroit.com - July 27 at 5:15 PM
seekingalpha.com logoFirstMerit, Huntington find buyer for branches (NASDAQ:FMER)
seekingalpha.com - July 27 at 8:46 AM
nasdaq.com logoFirstMerit Corp. Q2 Income Advances 9% - Nasdaq (NASDAQ:FMER)
www.nasdaq.com - July 26 at 11:14 PM
nasdaq.com logoFirstMerit Corp. Q2 Income Advances 9% (NASDAQ:FMER)
www.nasdaq.com - July 26 at 5:08 PM
biz.yahoo.com logoFIRSTMERIT CORP /OH/ Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhi (NASDAQ:FMER)
biz.yahoo.com - July 26 at 9:55 AM
sg.finance.yahoo.com logoFirstMerit posts 2Q profit (NASDAQ:FMER)
sg.finance.yahoo.com - July 26 at 7:52 AM
bizjournals.com logoHuntington Bank profit drops as acquisition deal nears completion (NASDAQ:FMER)
www.bizjournals.com - July 22 at 4:56 PM
bizjournals.com logoHuntington Bank profit drops 18% as FirstMerit deal nears completion (NASDAQ:FMER)
www.bizjournals.com - July 21 at 10:34 PM
4-traders.com logoFirstMerit : Dedicates Clifford J. Isroff Building in Downtown Akron (NASDAQ:FMER)
www.4-traders.com - July 21 at 10:34 PM
prnewswire.com logoFirstMerit Dedicates Clifford J. Isroff Building in Downtown Akron - PR Newswire (press release) (NASDAQ:FMER)
www.prnewswire.com - July 21 at 5:13 PM
bizjournals.com logoHuntington Bank profit drops 18% as FirstMerit deal nears completion - Columbus Business First (NASDAQ:FMER)
www.bizjournals.com - July 21 at 5:13 PM
finance.yahoo.com logoFirstMerit Dedicates Clifford J. Isroff Building in Downtown Akron (NASDAQ:FMER)
finance.yahoo.com - July 21 at 3:26 PM
News IconAre Analysts Bearish Firstmerit Corp (NASDAQ:FMER) After Last Week? - Consumer Eagle (NASDAQ:FMER)
www.consumereagle.com - July 21 at 8:36 AM
finance.yahoo.com logoFirstMerit Announces Date of Its 2016 Second Quarter Earnings Release (NASDAQ:FMER)
finance.yahoo.com - July 19 at 4:01 PM
nasdaq.com logoFMER Crosses Above Average Analyst Target - Nasdaq (NASDAQ:FMER)
www.nasdaq.com - July 15 at 5:49 AM
News IconHuntington, FirstMerit to divest 13 branches to allay concerns over $3.4 billion acquisition deal - Crain's Detroit Business (NASDAQ:FMER)
www.crainsdetroit.com - July 14 at 5:11 PM
News IconFirstmerit Corporation (NASDAQ:FMER) Sellers Covered 17.43% of Their Shorts - Consumer Eagle (NASDAQ:FMER)
www.consumereagle.com - July 14 at 5:11 PM
wsj.com logoJustice Department Approves Branch Sales Tied to Huntington-FirstMerit Deal - Wall Street Journal (NASDAQ:FMER)
www.wsj.com - July 14 at 8:20 AM
wsj.com logo[$$] Huntington Bancshares, FirstMerit Get Antitrust Approval on Branch Sales (NASDAQ:FMER)
www.wsj.com - July 13 at 9:09 PM
News IconHuntington, FirstMerit to divest 13 branches to allay concerns over $3.4 billion acquisition deal (NASDAQ:FMER)
www.crainsdetroit.com - July 13 at 5:22 PM
seekingalpha.com logoHuntington/FirstMerit merger approved by DOJ after divestitures (NASDAQ:FMER)
seekingalpha.com - July 13 at 1:39 PM
tradecalls.org logoCompany Shares of FirstMerit Corporation (NASDAQ:FMER) Drops by -1.54% - Trade Calls (NASDAQ:FMER)
www.tradecalls.org - July 11 at 5:03 PM
News IconFirstmerit Corp Gaps Up; Strong Momentum for Buyers - Engelwood Daily (NASDAQ:FMER)
www.engelwooddaily.com - July 9 at 8:30 AM
prnewswire.com logoMoney Center Banks Stocks Technical Insight -- FirstMerit, Royal Bank of Canada, Great Western Bancorp., and Bank ... - PR Newswire (press release) (NASDAQ:FMER)
www.prnewswire.com - July 1 at 6:28 AM
investorplace.com logoBiggest Movers in Financial Stocks Now – CCCR BXS TREE FXCM - Investorplace.com (NASDAQ:FMER)
investorplace.com - July 1 at 6:28 AM

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Firstmerit Corp (NASDAQ:FMER) Chart for Wednesday, August, 24, 2016


Last Updated on 8/24/2016 by MarketBeat.com Staff