Firstmerit Corp Company Profile (NASDAQ:FMER)

About Firstmerit Corp (NASDAQ:FMER)

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: Financials
  • Industry: Commercial Banks
  • Sub-Industry: Regional Banks
  • Symbol: NASDAQ:FMER
  • CUSIP: 33791510
  • Web: www.firstmerit.com
Average Prices:
  • 50 Day Moving Avg: $20.74
  • 200 Day Moving Avg: $21.07
  • 52 Week Range: $15.33 - $23.15
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 14.70
  • P/E Growth: 0.00
Profitability:
  • Net Margins: 23.21%
  • Return on Equity: 7.73%
  • Return on Assets: 0.90%
Misc:
  • Average Volume: 1.08 million shs.
  • Beta: 1.2
 
Frequently Asked Questions for Firstmerit Corp (NASDAQ:FMER)

What is Firstmerit Corp's stock symbol?

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

How were Firstmerit Corp's earnings last quarter?

Firstmerit Corp (NASDAQ:FMER) posted its quarterly earnings results on Tuesday, July, 26th. The company reported $0.36 EPS for the quarter, beating the Zacks' consensus estimate of $0.34 by $0.02. The business earned $252.90 million during the quarter, compared to the consensus estimate of $258.24 million. Firstmerit Corp had a return on equity of 7.73% and a net margin of 23.21%. During the same quarter in the previous year, the firm earned $0.33 earnings per share. View Firstmerit Corp's Earnings History.

Who are some of Firstmerit Corp's key competitors?

Who are Firstmerit Corp's key executives?

Firstmerit Corp's management team includes the folowing people:

  • Paul G. Greig, President, Chief Executive Officer
  • Sandra E. Pierce, Vice Chairman of the Board
  • Terrence E. Bichsel, Chief Financial Officer, Senior Executive Vice President
  • Mark N. DuHamel, Deputy Chief Financial Officer, Executive Vice President and Corporate Development Officer
  • Christopher J. Maurer, Chief Human Resource Officer, Executive Vice President
  • Nancy H. Worman, Executive Vice President, Chief Accounting Officer
  • Mark D. Quinlan, Executive Vice President, Chief Information Officer
  • Julie C. Tutkovics, Executive Vice President, Chief Marketing Officer
  • Brian C. Williams, Executive Vice President, Chief Risk Officer
  • Carlton E. Langer, Executive Vice President, Corporate Secretary, Chief Legal Officer

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.

What is Firstmerit Corp's stock price today?

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


MarketBeat Community Rating for Firstmerit Corp (NASDAQ FMER)
Community Ranking:  2.4 out of 5 ( )
Outperform Votes:  129 (Vote Outperform)
Underperform Votes:  137 (Vote Underperform)
Total Votes:  266
MarketBeat's community ratings are surveys of what our community members think about Firstmerit Corp and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Firstmerit Corp (NASDAQ:FMER) (How are Consensus Ratings Calculated?)
Ratings Breakdown: No ratings tracked in the last 12 months.
Consensus Rating:N/A (Score: NaN)
Consensus Price Target: N/A

Analysts' Ratings History for Firstmerit Corp (NASDAQ:FMER)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
4/4/2016Barclays PLCReiterated RatingBuyN/AView Rating Details
2/3/2016Keefe, Bruyette & WoodsBoost Price Target$20.00 -> $24.75N/AView Rating Details
1/28/2016Sandler O'NeillUpgradeHold -> BuyN/AView Rating Details
1/27/2016Raymond James Financial, Inc.UpgradeUnderperform -> Market PerformN/AView Rating Details
1/27/2016StephensDowngradeOverweight -> Equal WeightN/AView Rating Details
1/27/2016Royal Bank Of CanadaDowngradeOutperform -> Sector Perform$21.00 -> $19.00N/AView Rating Details
1/15/2016Hovde GroupInitiated CoverageMarket Perform$18.00N/AView Rating Details
(Data available from 7/28/2015 forward)

Earnings

Earnings History for Firstmerit Corp (NASDAQ:FMER)
Earnings by Quarter for Firstmerit Corp (NASDAQ:FMER)
Earnings History by Quarter for Firstmerit Corp (NASDAQ FMER)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
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$258.92 million$250.37 millionViewListenView Earnings Details
10/27/2015Q315$0.34$0.34$258.48 million$256.75 millionViewListenView Earnings Details
7/28/2015Q215$0.34$0.33$260.36 million$251.70 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$265.32 million$278.06 millionViewN/AView Earnings Details
10/28/2014Q314$0.37$0.37$270.53 million$263.31 millionViewN/AView Earnings Details
7/22/2014Q214$0.36$0.35$270.12 million$268.14 millionViewN/AView Earnings Details
4/22/2014Q114$0.36$0.31$266.67 million$261.17 millionViewN/AView Earnings Details
1/28/2014Q413$0.36$0.36$273.47 million$270.49 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)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
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)
Most Recent Dividend:6/20/2016
Annual Dividend:$0.68
Dividend Yield:3.15%
Payout Ratio:51.52% (Trailing 12 Months of Earnings)
50.00% (Based on This Year's Estimates)
46.26% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Firstmerit Corp (NASDAQ:FMER)

Dividend History by Quarter 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 and Institutional Ownership History for Firstmerit Corp (NASDAQ:FMER)
Insider Trades by Quarter for Firstmerit Corp (NASDAQ:FMER)
Institutional Ownership by Quarter for Firstmerit Corp (NASDAQ:FMER)
Insider Trades by Quarter 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

Headline Trends for Firstmerit Corp (NASDAQ:FMER)
Latest Headlines for Firstmerit Corp (NASDAQ:FMER)
Source:
DateHeadline
americanbankingnews.com logoFirstmerit Corp (FMER) Given Daily News Impact Rating of 0.09
www.americanbankingnews.com - April 30 at 5:20 PM
finance.yahoo.com logoHuntington (HBAN) Beats on Q4 Earnings; Revenue Up Y/Y
finance.yahoo.com - January 25 at 6:44 PM
bizjournals.com logoHuntington Bank reports 19% profit spike as FirstMerit is integrated
www.bizjournals.com - January 25 at 6:44 PM
bizjournals.com logoHuntington expanding SBA program to reaching Chicago, Wisconsin
www.bizjournals.com - November 9 at 4:35 PM
seekingalpha.com logoFirst Commonwealth Financial: The Small Bank That Just Keeps Going - Seeking Alpha
seekingalpha.com - November 1 at 5:15 PM
bizjournals.com logoHuntington execs named among 25 Most Powerful Women in Banking
www.bizjournals.com - September 30 at 5:21 PM
bizjournals.com logoHuntington Bank names new controller
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
www.nasdaq.com - August 17 at 5:16 PM
moodys.com logoFirstMerit Bank, N.A. -- Moody's downgrades FirstMerit (senior to Baa1) following acquisition by Huntington
www.moodys.com - August 17 at 8:03 AM
biz.yahoo.com logoFIRSTMERIT CORP /OH/ Files SEC form 8-K, Entry into a Material Definitive Agreement, Completion of Acquisition or Dis
biz.yahoo.com - August 16 at 5:10 PM
bizjournals.com logoHuntington set to become Ohio's largest bank with acquisition of FirstMerit
www.bizjournals.com - August 16 at 5:10 PM
finance.yahoo.com logoFIRSTMERIT CORP /OH/ Financials
finance.yahoo.com - August 4 at 5:23 PM
biz.yahoo.com logoFIRSTMERIT CORP /OH/ Files SEC form 8-K, Other Events
biz.yahoo.com - August 1 at 6:08 AM
finance.yahoo.com logo5 Trade Ideas for Monday: Ashland, FirstMerit, Lazard, Merck and Red Hat
finance.yahoo.com - July 31 at 9:23 AM
biz.yahoo.com logoFIRSTMERIT CORP /OH/ Files SEC form 10-Q, Quarterly Report
biz.yahoo.com - July 29 at 11:33 AM
seekingalpha.com logoFirstMerit, Huntington find buyer for branches
seekingalpha.com - July 27 at 8:46 AM
nasdaq.com logoFirstMerit Corp. Q2 Income Advances 9% - Nasdaq
www.nasdaq.com - July 26 at 11:14 PM
nasdaq.com logoFirstMerit Corp. Q2 Income Advances 9%
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
biz.yahoo.com - July 26 at 9:55 AM
bizjournals.com logoHuntington Bank profit drops as acquisition deal nears completion
www.bizjournals.com - July 22 at 4:56 PM
bizjournals.com logoHuntington Bank profit drops 18% as FirstMerit deal nears completion
www.bizjournals.com - July 21 at 10:34 PM

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Chart

Firstmerit Corp (FMER) Chart for Friday, July, 28, 2017

This page was last updated on 7/28/2017 by MarketBeat.com Staff