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: $0.00
  • 50 Day Moving Average: $20.74
  • 200 Day Moving Average: $21.07
  • 52-Week Range: $15.33 - $23.15
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 14.70
  • P/E Growth: 0.00
  • 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: 1 Buy Rating
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $21.00 (2.82% 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
3/16/2015J P Morgan Chase & CoReiterated RatingHold$20.50 -> $21.00View Rating Details
(Data available from 2/24/2015 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 sees 19% growth in Q4 after acquisition of FirstMerit (NASDAQ:FMER)
www.crainsdetroit.com - January 25 at 6:44 PM
finance.yahoo.com logoHuntington (HBAN) Beats on Q4 Earnings; Revenue Up Y/Y (NASDAQ:FMER)
finance.yahoo.com - January 25 at 6:44 PM
bizjournals.com logoHuntington Bank reports 19% profit spike as FirstMerit is integrated (NASDAQ:FMER)
www.bizjournals.com - January 25 at 6:44 PM
bizjournals.com logoHuntington expanding SBA program to reaching Chicago, Wisconsin (NASDAQ:FMER)
www.bizjournals.com - November 9 at 4:35 PM
seekingalpha.com logoFirst Commonwealth Financial: The Small Bank That Just Keeps Going - Seeking Alpha (NASDAQ:FMER)
seekingalpha.com - November 1 at 5:15 PM
bizjournals.com logoHuntington execs named among 25 Most Powerful Women in Banking (NASDAQ:FMER)
www.bizjournals.com - September 30 at 5:21 PM
News IconFirstmerit Corp second-quarter profit climbs - Myiris.com (NASDAQ:FMER)
www.myiris.com - September 18 at 9:38 AM
News IconPerella Weinberg Partners Capital Management Lp adds Firstmerit ... - National Daily Press (NASDAQ:FMER)
www.nationaldailypress.com - September 10 at 9:36 AM
News IconPerella Weinberg Partners Capital Management Lp adds Firstmerit Corp (FMER) to its portfolio (NASDAQ:FMER)
www.nationaldailypress.com - September 9 at 4:52 PM
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
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

Social

What is Firstmerit Corp's stock symbol?

Firstmerit Corp trades on the NASDAQ under the ticker symbol "FMER."

How often does Firstmerit Corp pay dividends? What is the dividend yield for Firstmerit Corp?

Firstmerit Corp announced a quarterly dividend on Thursday, May 19th. Shareholders of record on Tuesday, May 31st will be paid a dividend of $0.17 per share on Monday, June 20th. This represents a $0.68 dividend on an annualized basis and a yield of 3.15%. The ex-dividend date is Thursday, May 26th.

Where is Firstmerit Corp's stock going? Where will Firstmerit Corp's stock price be in 2017?

1 brokerages have issued 12-month price objectives for Firstmerit Corp's shares. Their predictions range from $21.00 to $21.00. On average, they anticipate Firstmerit Corp's stock price to reach $21.00 in the next year.

When will Firstmerit Corp announce their earnings?

Firstmerit Corp is scheduled to release their next quarterly earnings announcement on Tuesday, October, 25th 2016.

How do I buy Firstmerit Corp stock?

Shares of Firstmerit Corp can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Firstmerit Corp stock cost?

One share of Firstmerit Corp stock can currently be purchased for approximately $21.61.

Firstmerit Corp (NASDAQ:FMER) Chart for Friday, February, 24, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Firstmerit Corp (NASDAQ:FMER)

Earnings History Chart

Earnings by Quarter for Firstmerit Corp (NASDAQ:FMER)

Dividend History Chart

Dividend Payments by Quarter for Firstmerit Corp (NASDAQ:FMER)

Last Updated on 2/24/2017 by MarketBeat.com Staff