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GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 6/10

vs
industry
vs
history
Cash to Debt 0.64
FMER's Cash to Debt is ranked lower than
64% of the 973 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.48 vs. FMER: 0.64 )
Ranked among companies with meaningful Cash to Debt only.
FMER' s 10-Year Cash to Debt Range
Min: 0.11  Med: 1.74 Max: No Debt
Current: 0.64
Equity to Asset 0.12
FMER's Equity to Asset is ranked higher than
70% of the 1290 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.10 vs. FMER: 0.12 )
Ranked among companies with meaningful Equity to Asset only.
FMER' s 10-Year Equity to Asset Range
Min: 0.08  Med: 0.10 Max: 0.12
Current: 0.12
0.08
0.12
Interest Coverage 5.97
FMER's Interest Coverage is ranked higher than
84% of the 1205 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.69 vs. FMER: 5.97 )
Ranked among companies with meaningful Interest Coverage only.
FMER' s 10-Year Interest Coverage Range
Min: 0.31  Med: 0.90 Max: 5.97
Current: 5.97
0.31
5.97
F-Score: 4
WACC vs ROIC
11.94%
8.04%
WACC
ROIC
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 5/10

vs
industry
vs
history
Operating margin (%) 32.95
FMER's Operating margin (%) is ranked higher than
59% of the 1357 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 29.54 vs. FMER: 32.95 )
Ranked among companies with meaningful Operating margin (%) only.
FMER' s 10-Year Operating margin (%) Range
Min: 18.61  Med: 29.56 Max: 43
Current: 32.95
18.61
43
Net-margin (%) 23.07
FMER's Net-margin (%) is ranked higher than
57% of the 1356 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 21.24 vs. FMER: 23.07 )
Ranked among companies with meaningful Net-margin (%) only.
FMER' s 10-Year Net-margin (%) Range
Min: 10.29  Med: 20.16 Max: 29.58
Current: 23.07
10.29
29.58
ROE (%) 8.58
FMER's ROE (%) is ranked higher than
53% of the 1355 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 8.13 vs. FMER: 8.58 )
Ranked among companies with meaningful ROE (%) only.
FMER' s 10-Year ROE (%) Range
Min: 7.78  Med: 12.40 Max: 20.51
Current: 8.58
7.78
20.51
ROA (%) 0.98
FMER's ROA (%) is ranked higher than
63% of the 1364 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.80 vs. FMER: 0.98 )
Ranked among companies with meaningful ROA (%) only.
FMER' s 10-Year ROA (%) Range
Min: 0.76  Med: 1.11 Max: 2.04
Current: 0.98
0.76
2.04
ROC (Joel Greenblatt) (%) 107.16
FMER's ROC (Joel Greenblatt) (%) is ranked higher than
61% of the 1348 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 74.52 vs. FMER: 107.16 )
Ranked among companies with meaningful ROC (Joel Greenblatt) (%) only.
FMER' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: 83.45  Med: 127.74 Max: 226.84
Current: 107.16
83.45
226.84
Revenue Growth (3Y)(%) -0.50
FMER's Revenue Growth (3Y)(%) is ranked lower than
62% of the 1149 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.70 vs. FMER: -0.50 )
Ranked among companies with meaningful Revenue Growth (3Y)(%) only.
FMER' s 10-Year Revenue Growth (3Y)(%) Range
Min: -2.9  Med: 0.50 Max: 7.5
Current: -0.5
-2.9
7.5
EBITDA Growth (3Y)(%) 11.70
FMER's EBITDA Growth (3Y)(%) is ranked higher than
65% of the 1011 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 7.10 vs. FMER: 11.70 )
Ranked among companies with meaningful EBITDA Growth (3Y)(%) only.
FMER' s 10-Year EBITDA Growth (3Y)(%) Range
Min: -11.1  Med: 6.30 Max: 16.4
Current: 11.7
-11.1
16.4
EPS Growth (3Y)(%) 8.10
FMER's EPS Growth (3Y)(%) is ranked lower than
53% of the 1020 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 9.20 vs. FMER: 8.10 )
Ranked among companies with meaningful EPS Growth (3Y)(%) only.
FMER' s 10-Year EPS Growth (3Y)(%) Range
Min: -12.3  Med: 5.00 Max: 28.2
Current: 8.1
-12.3
28.2
» FMER's 10-Y Financials

Financials


Revenue & Net Income
Equity & Asset
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades

Q2 2014

FMER Guru Trades in Q2 2014

Mario Gabelli 125,900 sh (+18.89%)
Ken Fisher 3,921,477 sh (+14.85%)
David Dreman 353,959 sh (-2.45%)
Paul Tudor Jones 27,796 sh (-5.05%)
RS Investment Management 1,175,590 sh (-7.03%)
John Keeley 780,945 sh (-11.31%)
Jim Simons 152,041 sh (-74.94%)
» More
Q3 2014

FMER Guru Trades in Q3 2014

Joel Greenblatt 11,176 sh (New)
Paul Tudor Jones 32,553 sh (+17.11%)
Mario Gabelli 135,900 sh (+7.94%)
David Dreman 358,530 sh (+1.29%)
John Keeley 771,584 sh (-1.20%)
RS Investment Management 1,154,808 sh (-1.77%)
Jim Simons 51,041 sh (-66.43%)
Ken Fisher 666,546 sh (-83.00%)
» More
Q4 2014

FMER Guru Trades in Q4 2014

John Keeley 1,511,759 sh (+95.93%)
David Dreman 494,501 sh (+37.92%)
Joel Greenblatt 13,560 sh (+21.33%)
Mario Gabelli 155,900 sh (+14.72%)
RS Investment Management 1,156,099 sh (+0.11%)
Paul Tudor Jones Sold Out
Jim Simons Sold Out
Ken Fisher Sold Out
» More
Q1 2015

FMER Guru Trades in Q1 2015

James Barrow 21,363 sh (New)
John Keeley 1,983,430 sh (+31.20%)
David Dreman 536,253 sh (+8.44%)
Joel Greenblatt 14,569 sh (+7.44%)
RS Investment Management 1,218,738 sh (+5.42%)
Mario Gabelli 155,600 sh (-0.19%)
» More
» Details

Insider Trades

Latest Guru Trades with FMER

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

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» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Preferred stocks of Firstmerit Corp

SymbolPriceYieldDescription
FMERPRA24.496.00

Ratios

vs
industry
vs
history
P/E(ttm) 14.85
FMER's P/E(ttm) is ranked lower than
55% of the 1244 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 14.30 vs. FMER: 14.85 )
Ranked among companies with meaningful P/E(ttm) only.
FMER' s 10-Year P/E(ttm) Range
Min: 9.1  Med: 15.65 Max: 29.68
Current: 14.85
9.1
29.68
Forward P/E 13.68
FMER's Forward P/E is ranked lower than
66% of the 750 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 12.38 vs. FMER: 13.68 )
Ranked among companies with meaningful Forward P/E only.
N/A
PE(NRI) 15.20
FMER's PE(NRI) is ranked lower than
54% of the 1217 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 14.30 vs. FMER: 15.20 )
Ranked among companies with meaningful PE(NRI) only.
FMER' s 10-Year PE(NRI) Range
Min: 9.09  Med: 15.59 Max: 29.76
Current: 15.2
9.09
29.76
P/B 1.22
FMER's P/B is ranked lower than
63% of the 1351 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.12 vs. FMER: 1.22 )
Ranked among companies with meaningful P/B only.
FMER' s 10-Year P/B Range
Min: 0.73  Med: 1.48 Max: 2.45
Current: 1.22
0.73
2.45
P/S 3.30
FMER's P/S is ranked lower than
58% of the 1422 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 2.99 vs. FMER: 3.30 )
Ranked among companies with meaningful P/S only.
FMER' s 10-Year P/S Range
Min: 1.63  Med: 2.98 Max: 4.62
Current: 3.3
1.63
4.62
PFCF 18.75
FMER's PFCF is ranked lower than
73% of the 825 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 11.60 vs. FMER: 18.75 )
Ranked among companies with meaningful PFCF only.
FMER' s 10-Year PFCF Range
Min: 6.87  Med: 12.45 Max: 30.21
Current: 18.75
6.87
30.21
POCF 14.38
FMER's POCF is ranked lower than
70% of the 930 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 10.17 vs. FMER: 14.38 )
Ranked among companies with meaningful POCF only.
FMER' s 10-Year POCF Range
Min: 6.12  Med: 10.68 Max: 22.65
Current: 14.38
6.12
22.65
EV-to-EBIT 11.45
FMER's EV-to-EBIT is ranked higher than
65% of the 1366 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 14.30 vs. FMER: 11.45 )
Ranked among companies with meaningful EV-to-EBIT only.
FMER' s 10-Year EV-to-EBIT Range
Min: 6.7  Med: 12.70 Max: 23.3
Current: 11.45
6.7
23.3
PEG 1.58
FMER's PEG is ranked lower than
63% of the 542 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.12 vs. FMER: 1.58 )
Ranked among companies with meaningful PEG only.
FMER' s 10-Year PEG Range
Min: 1.03  Med: 3.14 Max: 43.06
Current: 1.58
1.03
43.06
Shiller P/E 17.52
FMER's Shiller P/E is ranked lower than
52% of the 771 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 17.62 vs. FMER: 17.52 )
Ranked among companies with meaningful Shiller P/E only.
FMER' s 10-Year Shiller P/E Range
Min: 8.11  Med: 13.97 Max: 19.12
Current: 17.52
8.11
19.12
Days Sales Outstanding 442.18
FMER's Days Sales Outstanding is ranked lower than
95% of the 770 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 35.19 vs. FMER: 442.18 )
Ranked among companies with meaningful Days Sales Outstanding only.
FMER' s 10-Year Days Sales Outstanding Range
Min: 90.59  Med: 321.32 Max: 452.53
Current: 442.18
90.59
452.53

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 3.07
FMER's Dividend Yield is ranked higher than
59% of the 2112 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 2.57 vs. FMER: 3.07 )
Ranked among companies with meaningful Dividend Yield only.
FMER' s 10-Year Dividend Yield Range
Min: 2.62  Med: 4.08 Max: 8.99
Current: 3.07
2.62
8.99
Dividend Payout 0.45
FMER's Dividend Payout is ranked lower than
68% of the 1248 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.24 vs. FMER: 0.45 )
Ranked among companies with meaningful Dividend Payout only.
FMER' s 10-Year Dividend Payout Range
Min: 0.42  Med: 0.57 Max: 11.29
Current: 0.45
0.42
11.29
Yield on cost (5-Year) 2.70
FMER's Yield on cost (5-Year) is ranked lower than
55% of the 2110 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 2.91 vs. FMER: 2.70 )
Ranked among companies with meaningful Yield on cost (5-Year) only.
FMER' s 10-Year Yield on cost (5-Year) Range
Min: 2.31  Med: 3.59 Max: 7.92
Current: 2.7
2.31
7.92
Share Buyback Rate -15.00
FMER's Share Buyback Rate is ranked lower than
84% of the 931 Companies
in the Global Banks - Regional - US industry.

( Industry Median: -1.50 vs. FMER: -15.00 )
Ranked among companies with meaningful Share Buyback Rate only.
FMER' s 10-Year Share Buyback Rate Range
Min: 2.3  Med: -1.20 Max: -15
Current: -15

Valuation & Return

vs
industry
vs
history
Price/Tangible Book 1.74
FMER's Price/Tangible Book is ranked lower than
77% of the 1331 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.18 vs. FMER: 1.74 )
Ranked among companies with meaningful Price/Tangible Book only.
FMER' s 10-Year Price/Tangible Book Range
Min: 1.13  Med: 2.21 Max: 4.02
Current: 1.74
1.13
4.02
Price/Projected FCF 0.89
FMER's Price/Projected FCF is ranked lower than
71% of the 775 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.68 vs. FMER: 0.89 )
Ranked among companies with meaningful Price/Projected FCF only.
FMER' s 10-Year Price/Projected FCF Range
Min: 0.33  Med: 0.70 Max: 1.9
Current: 0.89
0.33
1.9
Price/Median PS Value 1.11
FMER's Price/Median PS Value is ranked lower than
55% of the 1286 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.11 vs. FMER: 1.11 )
Ranked among companies with meaningful Price/Median PS Value only.
FMER' s 10-Year Price/Median PS Value Range
Min: 0.59  Med: 1.11 Max: 2.12
Current: 1.11
0.59
2.12
Price/Peter Lynch Fair Value 1.37
FMER's Price/Peter Lynch Fair Value is ranked lower than
70% of the 357 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.99 vs. FMER: 1.37 )
Ranked among companies with meaningful Price/Peter Lynch Fair Value only.
FMER' s 10-Year Price/Peter Lynch Fair Value Range
Min: 0.79  Med: 1.46 Max: 4.43
Current: 1.37
0.79
4.43
Price/Graham Number 1.03
FMER's Price/Graham Number is ranked lower than
65% of the 1154 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.88 vs. FMER: 1.03 )
Ranked among companies with meaningful Price/Graham Number only.
FMER' s 10-Year Price/Graham Number Range
Min: 0.73  Med: 1.30 Max: 2.18
Current: 1.03
0.73
2.18
Earnings Yield (Greenblatt) (%) 8.92
FMER's Earnings Yield (Greenblatt) (%) is ranked higher than
68% of the 1364 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 6.40 vs. FMER: 8.92 )
Ranked among companies with meaningful Earnings Yield (Greenblatt) (%) only.
FMER' s 10-Year Earnings Yield (Greenblatt) (%) Range
Min: 4.3  Med: 7.90 Max: 14.8
Current: 8.92
4.3
14.8
Forward Rate of Return (Yacktman) (%) 16.79
FMER's Forward Rate of Return (Yacktman) (%) is ranked higher than
58% of the 770 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 13.43 vs. FMER: 16.79 )
Ranked among companies with meaningful Forward Rate of Return (Yacktman) (%) only.
FMER' s 10-Year Forward Rate of Return (Yacktman) (%) Range
Min: -0.7  Med: 9.80 Max: 20.8
Current: 16.79
-0.7
20.8

Business Description

Industry: Banks » Banks - Regional - US
Compare:MTB, USB, PNC, PB, CFR » details
Traded in other countries:FMERPRA.USA, FE5.Germany,
Firstmerit Corp was organized in 1981 under the laws of the State of Ohio, It is a bank holding company. It operates through the Bank and its other subsidiaries, providing banking, fiduciary, financial, insurance and investment services to corporate, institutional and individual customers throughout Ohio, Chicago, Illinois, Michigan, Wisconsin and Western Pennsylvania. The Company manages its operations through the following primary lines of business: Commercial, Retail, and Wealth. Banking services are provided by the Company's national banking subsidiary, FirstMerit Bank. The Bank's trust department offers wealth management and trust services. The majority of its customers are comprised of consumers and small and medium sized businesses. The Bank has a small international department to service clients in its markets. The Company competes with other local, regional and national providers of financial services such as other bank holding companies, commercial banks, savings associations, credit unions, consumer and commercial finance companies, equipment leasing companies, mortgage banking companies, investment brokers and other brokerage institutions, money market and mutual funds and insurance companies. The Company is subject to extensive regulation, examination and supervision under by federal and state law.
» More Articles for FMER

Headlines

Articles On GuruFocus.com
Professor Aswath Damodaran's Dividend Stocks Screen (Dividend Stocks 101 Series) Nov 08 2012 
Weekly Top Insider Buys: CHK, LKQ, AGCO, FMER, and NIHD Sep 24 2012 
insiders Sep 17 2011 
Weekly Guru Bargains Highlights: ACI, GM, SID, FMER, NWL Aug 14 2011 
Weekly Top Insider Buys: FMER, ANN, JOSB, HI, CMTL Apr 10 2011 
Weekly Highlight of Top Insider Buys: NKE, LM, FMER, HI, CMTL Apr 05 2011 
Four Guru Stocks Hitting New Lows: CSCO, FMER, LFC, UEPS Feb 11 2011 
FirstMerit Corp. Reports Operating Results (10-Q) May 10 2010 
FirstMerit Corp. (FMER) Chrm., Pres. & CEO Paul G Greig sells 10,000 Shares Mar 02 2010 
John Keeley Buys W.R. Grace & Co., American Water Works Company Inc, Bemis Company Inc., Encana Corp Feb 19 2010 

More From Other Websites
FirstMerit Mourns Death of Board Member Clifford J. Isroff Jul 01 2015
FIRSTMERIT CORP /OH/ Financials Jun 27 2015
FirstMerit Corporation Releases 2015 Dodd-Frank Act Stress Test Results Jun 19 2015
FirstMerit Corporation Releases 2015 Dodd-Frank Act Stress Test Results Jun 19 2015
FirstMerit Appoints Goodall Vice Chairman and Chief Commercial Banking Officer of FirstMerit... Jun 01 2015
FirstMerit Appoints Goodall Vice Chairman and Chief Commercial Banking Officer of FirstMerit... Jun 01 2015
Southern National Bancorp, MB Financial, FirstMerit: Doug Kass' Views Jun 01 2015
FirstMerit Names DuHamel as Deputy Chief Financial Officer May 26 2015
FirstMerit Names DuHamel as Deputy Chief Financial Officer May 26 2015
FirstMerit Corporation Announces Cash Dividend on Preferred Stock of $14.69 Per Share May 21 2015
FirstMerit Corporation Announces Quarterly Cash Dividend of $0.16 Per Share May 21 2015
FirstMerit Corporation Announces Cash Dividend on Preferred Stock of $14.69 Per Share May 21 2015
FirstMerit Corporation Announces Quarterly Cash Dividend of $0.16 Per Share May 21 2015
FirstMerit Receives Presidential Award for Export Service May 19 2015
FirstMerit Receives Presidential Award for Export Service May 19 2015
10-Q for FirstMerit Corp. May 03 2015
FIRSTMERIT CORP /OH/ Files SEC form 10-Q, Quarterly Report May 01 2015
FirstMerit (FMER) Gains Despite Posting In-Line Q1 Earnings - Analyst Blog May 01 2015
FIRSTMERIT CORP /OH/ Files SEC form 8-K, Results of Operations and Financial Condition, Financial... Apr 28 2015
FirstMerit meets 1Q profit forecasts Apr 28 2015

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