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Also traded in: Germany

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 0.85
FMER's Cash to Debt is ranked lower than
63% of the 1162 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 2.79 vs. FMER: 0.85 )
Ranked among companies with meaningful Cash to Debt only.
FMER' s Cash to Debt Range Over the Past 10 Years
Min: 0.13  Med: 1.80 Max: No Debt
Current: 0.85
Equity to Asset 0.12
FMER's Equity to Asset is ranked higher than
69% of the 1660 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 Equity to Asset Range Over the Past 10 Years
Min: 0.08  Med: 0.10 Max: 0.12
Current: 0.12
0.08
0.12
Interest Coverage 5.37
FMER's Interest Coverage is ranked higher than
82% of the 1543 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.64 vs. FMER: 5.37 )
Ranked among companies with meaningful Interest Coverage only.
FMER' s Interest Coverage Range Over the Past 10 Years
Min: 0.5  Med: 2.25 Max: 5.97
Current: 5.37
0.5
5.97
F-Score: 3
M-Score: -2.55
WACC vs ROIC
7.59%
6.88%
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 (%) 31.81
FMER's Operating margin (%) is ranked higher than
52% of the 1677 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 31.23 vs. FMER: 31.81 )
Ranked among companies with meaningful Operating margin (%) only.
FMER' s Operating margin (%) Range Over the Past 10 Years
Min: 19.28  Med: 26.71 Max: 32.44
Current: 31.81
19.28
32.44
Net-margin (%) 22.39
FMER's Net-margin (%) is ranked lower than
51% of the 1680 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 22.64 vs. FMER: 22.39 )
Ranked among companies with meaningful Net-margin (%) only.
FMER' s Net-margin (%) Range Over the Past 10 Years
Min: 14.7  Med: 19.00 Max: 23.02
Current: 22.39
14.7
23.02
ROE (%) 7.47
FMER's ROE (%) is ranked lower than
57% of the 1675 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 8.42 vs. FMER: 7.47 )
Ranked among companies with meaningful ROE (%) only.
FMER' s ROE (%) Range Over the Past 10 Years
Min: 7.68  Med: 8.26 Max: 13.96
Current: 7.47
7.68
13.96
ROA (%) 0.89
FMER's ROA (%) is ranked higher than
50% of the 1684 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.89 vs. FMER: 0.89 )
Ranked among companies with meaningful ROA (%) only.
FMER' s ROA (%) Range Over the Past 10 Years
Min: 0.76  Med: 0.92 Max: 1.19
Current: 0.89
0.76
1.19
Revenue Growth (3Y)(%) -1.40
FMER's Revenue Growth (3Y)(%) is ranked lower than
71% of the 1369 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 2.90 vs. FMER: -1.40 )
Ranked among companies with meaningful Revenue Growth (3Y)(%) only.
FMER' s Revenue Growth (3Y)(%) Range Over the Past 10 Years
Min: -2.8  Med: 0.20 Max: 15.4
Current: -1.4
-2.8
15.4
EBITDA Growth (3Y)(%) 7.60
FMER's EBITDA Growth (3Y)(%) is ranked higher than
54% of the 1263 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 6.40 vs. FMER: 7.60 )
Ranked among companies with meaningful EBITDA Growth (3Y)(%) only.
FMER' s EBITDA Growth (3Y)(%) Range Over the Past 10 Years
Min: -11.2  Med: 6.30 Max: 22.6
Current: 7.6
-11.2
22.6
EPS Growth (3Y)(%) 2.90
FMER's EPS Growth (3Y)(%) is ranked lower than
64% of the 1248 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 7.40 vs. FMER: 2.90 )
Ranked among companies with meaningful EPS Growth (3Y)(%) only.
FMER' s EPS Growth (3Y)(%) Range Over the Past 10 Years
Min: -12.3  Med: 2.90 Max: 20.4
Current: 2.9
-12.3
20.4
» FMER's 10-Y Financials

Financials (Next Earnings Date: Est. 2016-07-28)


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

» Details

Guru Trades

Q1 2015

FMER Guru Trades in Q1 2015

Barrow, Hanley, Mewhinney & Strauss 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
Q2 2015

FMER Guru Trades in Q2 2015

Barrow, Hanley, Mewhinney & Strauss 234,189 sh (+996.24%)
David Dreman 584,639 sh (+9.02%)
RS Investment Management 1,276,188 sh (+4.71%)
Mario Gabelli 153,900 sh (-1.09%)
John Keeley 1,957,979 sh (-1.28%)
Joel Greenblatt 11,527 sh (-20.88%)
» More
Q3 2015

FMER Guru Trades in Q3 2015

RS Investment Management 1,685,138 sh (+32.04%)
David Dreman 667,407 sh (+14.16%)
Joel Greenblatt 12,389 sh (+7.48%)
Mario Gabelli 158,100 sh (+2.73%)
Barrow, Hanley, Mewhinney & Strauss 234,189 sh (unchged)
John Keeley 1,824,258 sh (-6.83%)
» More
Q4 2015

FMER Guru Trades in Q4 2015

Jim Simons 107,000 sh (New)
RS Investment Management 1,990,846 sh (+18.14%)
Barrow, Hanley, Mewhinney & Strauss 238,446 sh (+1.82%)
Mario Gabelli 158,100 sh (unchged)
David Dreman Sold Out
Joel Greenblatt Sold Out
John Keeley 1,775,830 sh (-2.65%)
» 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
FMERPRA25.275.81

Ratios

vs
industry
vs
history
P/E(ttm) 16.58
FMER's P/E(ttm) is ranked lower than
71% of the 1570 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 12.56 vs. FMER: 16.58 )
Ranked among companies with meaningful P/E(ttm) only.
FMER' s P/E(ttm) Range Over the Past 10 Years
Min: 9.1  Med: 15.28 Max: 29.68
Current: 16.58
9.1
29.68
Forward P/E 13.79
FMER's Forward P/E is ranked lower than
79% of the 368 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 11.76 vs. FMER: 13.79 )
Ranked among companies with meaningful Forward P/E only.
N/A
PE(NRI) 16.58
FMER's PE(NRI) is ranked lower than
70% of the 1570 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 12.56 vs. FMER: 16.58 )
Ranked among companies with meaningful PE(NRI) only.
FMER' s PE(NRI) Range Over the Past 10 Years
Min: 9.09  Med: 15.21 Max: 29.76
Current: 16.58
9.09
29.76
Price/Owner Earnings (ttm) 13.42
FMER's Price/Owner Earnings (ttm) is ranked lower than
61% of the 880 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 12.31 vs. FMER: 13.42 )
Ranked among companies with meaningful Price/Owner Earnings (ttm) only.
FMER' s Price/Owner Earnings (ttm) Range Over the Past 10 Years
Min: 7.13  Med: 13.28 Max: 53.71
Current: 13.42
7.13
53.71
P/B 1.24
FMER's P/B is ranked lower than
68% of the 1642 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.04 vs. FMER: 1.24 )
Ranked among companies with meaningful P/B only.
FMER' s P/B Range Over the Past 10 Years
Min: 0.73  Med: 1.37 Max: 2.43
Current: 1.24
0.73
2.43
P/S 3.57
FMER's P/S is ranked lower than
63% of the 1637 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 2.93 vs. FMER: 3.57 )
Ranked among companies with meaningful P/S only.
FMER' s P/S Range Over the Past 10 Years
Min: 1.6  Med: 2.94 Max: 4.56
Current: 3.57
1.6
4.56
PFCF 13.06
FMER's PFCF is ranked lower than
65% of the 858 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 10.68 vs. FMER: 13.06 )
Ranked among companies with meaningful PFCF only.
FMER' s PFCF Range Over the Past 10 Years
Min: 6.89  Med: 11.96 Max: 30.96
Current: 13.06
6.89
30.96
POCF 11.50
FMER's POCF is ranked lower than
65% of the 975 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 9.20 vs. FMER: 11.50 )
Ranked among companies with meaningful POCF only.
FMER' s POCF Range Over the Past 10 Years
Min: 6.11  Med: 10.37 Max: 21.18
Current: 11.5
6.11
21.18
EV-to-EBIT 12.03
FMER's EV-to-EBIT is ranked higher than
50% of the 1503 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 13.40 vs. FMER: 12.03 )
Ranked among companies with meaningful EV-to-EBIT only.
FMER' s EV-to-EBIT Range Over the Past 10 Years
Min: 6.7  Med: 12.40 Max: 23
Current: 12.03
6.7
23
EV-to-EBITDA 9.80
FMER's EV-to-EBITDA is ranked higher than
55% of the 1507 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 12.24 vs. FMER: 9.80 )
Ranked among companies with meaningful EV-to-EBITDA only.
FMER' s EV-to-EBITDA Range Over the Past 10 Years
Min: 5.8  Med: 10.70 Max: 19.4
Current: 9.8
5.8
19.4
PEG 1.83
FMER's PEG is ranked lower than
70% of the 724 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.03 vs. FMER: 1.83 )
Ranked among companies with meaningful PEG only.
FMER' s PEG Range Over the Past 10 Years
Min: 1  Med: 2.71 Max: 38.94
Current: 1.83
1
38.94
Shiller P/E 16.49
FMER's Shiller P/E is ranked higher than
53% of the 504 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 17.22 vs. FMER: 16.49 )
Ranked among companies with meaningful Shiller P/E only.
FMER' s Shiller P/E Range Over the Past 10 Years
Min: 7.17  Med: 12.44 Max: 17.43
Current: 16.49
7.17
17.43

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 3.07
FMER's Dividend Yield is ranked higher than
51% of the 2098 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 2.90 vs. FMER: 3.07 )
Ranked among companies with meaningful Dividend Yield only.
FMER' s Dividend Yield Range Over the Past 10 Years
Min: 2.62  Med: 4.05 Max: 8.99
Current: 3.07
2.62
8.99
Dividend Payout 0.51
FMER's Dividend Payout is ranked lower than
54% of the 1273 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.34 vs. FMER: 0.51 )
Ranked among companies with meaningful Dividend Payout only.
FMER' s Dividend Payout Range Over the Past 10 Years
Min: 0.46  Med: 0.61 Max: 0.97
Current: 0.51
0.46
0.97
Dividend Growth (3y) 1.00
FMER's Dividend Growth (3y) is ranked lower than
75% of the 742 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 7.80 vs. FMER: 1.00 )
Ranked among companies with meaningful Dividend Growth (3y) only.
FMER' s Dividend Growth (3y) Range Over the Past 10 Years
Min: -17.6  Med: 3.10 Max: 12.2
Current: 1
-17.6
12.2
Forward Dividend Yield 3.13
FMER's Forward Dividend Yield is ranked higher than
55% of the 1965 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 2.74 vs. FMER: 3.13 )
Ranked among companies with meaningful Forward Dividend Yield only.
N/A
Yield on cost (5-Year) 3.13
FMER's Yield on cost (5-Year) is ranked lower than
55% of the 2495 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 3.43 vs. FMER: 3.13 )
Ranked among companies with meaningful Yield on cost (5-Year) only.
FMER' s Yield on cost (5-Year) Range Over the Past 10 Years
Min: 2.67  Med: 4.13 Max: 9.17
Current: 3.13
2.67
9.17
3-Year Average Share Buyback Ratio -14.90
FMER's 3-Year Average Share Buyback Ratio is ranked lower than
83% of the 1112 Companies
in the Global Banks - Regional - US industry.

( Industry Median: -2.00 vs. FMER: -14.90 )
Ranked among companies with meaningful 3-Year Average Share Buyback Ratio only.
FMER' s 3-Year Average Share Buyback Ratio Range Over the Past 10 Years
Min: -15  Med: -1.20 Max: 2.3
Current: -14.9
-15
2.3

Valuation & Return

vs
industry
vs
history
Price/Tangible Book 1.72
FMER's Price/Tangible Book is ranked lower than
79% of the 1634 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.11 vs. FMER: 1.72 )
Ranked among companies with meaningful Price/Tangible Book only.
FMER' s Price/Tangible Book Range Over the Past 10 Years
Min: 1.32  Med: 2.20 Max: 3.01
Current: 1.72
1.32
3.01
Price/Projected FCF 0.86
FMER's Price/Projected FCF is ranked lower than
71% of the 885 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.65 vs. FMER: 0.86 )
Ranked among companies with meaningful Price/Projected FCF only.
FMER' s Price/Projected FCF Range Over the Past 10 Years
Min: 0.41  Med: 0.67 Max: 1.89
Current: 0.86
0.41
1.89
Price/Median PS Value 1.21
FMER's Price/Median PS Value is ranked lower than
76% of the 1548 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.01 vs. FMER: 1.21 )
Ranked among companies with meaningful Price/Median PS Value only.
FMER' s Price/Median PS Value Range Over the Past 10 Years
Min: 0.76  Med: 1.14 Max: 1.57
Current: 1.21
0.76
1.57
Price/Peter Lynch Fair Value 1.74
FMER's Price/Peter Lynch Fair Value is ranked lower than
84% of the 438 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.83 vs. FMER: 1.74 )
Ranked among companies with meaningful Price/Peter Lynch Fair Value only.
FMER' s Price/Peter Lynch Fair Value Range Over the Past 10 Years
Min: 0.93  Med: 1.57 Max: 2.75
Current: 1.74
0.93
2.75
Price/Graham Number 1.13
FMER's Price/Graham Number is ranked lower than
77% of the 1461 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.82 vs. FMER: 1.13 )
Ranked among companies with meaningful Price/Graham Number only.
FMER' s Price/Graham Number Range Over the Past 10 Years
Min: 0.82  Med: 1.32 Max: 1.8
Current: 1.13
0.82
1.8
Earnings Yield (Greenblatt) (%) 8.30
FMER's Earnings Yield (Greenblatt) (%) is ranked higher than
54% of the 1644 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 6.90 vs. FMER: 8.30 )
Ranked among companies with meaningful Earnings Yield (Greenblatt) (%) only.
FMER' s Earnings Yield (Greenblatt) (%) Range Over the Past 10 Years
Min: 4.3  Med: 8.10 Max: 14.8
Current: 8.3
4.3
14.8
Forward Rate of Return (Yacktman) (%) 16.34
FMER's Forward Rate of Return (Yacktman) (%) is ranked higher than
58% of the 843 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 13.13 vs. FMER: 16.34 )
Ranked among companies with meaningful Forward Rate of Return (Yacktman) (%) only.
FMER' s Forward Rate of Return (Yacktman) (%) Range Over the Past 10 Years
Min: -0.1  Med: 11.30 Max: 21.4
Current: 16.34
-0.1
21.4

More Statistics

Revenue(Mil) $1011
EPS $ 1.31
Beta0.90
Short Percentage of Float3.82%
52-Week Range $15.33 - 22.63
Shares Outstanding(Mil)166.49

Analyst Estimate

Dec16 Dec17
Revenue(Mil)
EPS($) 1.44 1.58
EPS without NRI($) 1.44 1.58

Business Description

Industry: Banks » Banks - Regional - US
Compare:NYSE:USB, NYSE:PNC, NYSE:BBT, NYSE:STI, NAS:HBANO, NYSE:MTB » details
Traded in other countries: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

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Good Times Continue to Roll for Small Banks Jan 28 2016 
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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 

More From Other Websites
FIRSTMERIT CORP /OH/ Files SEC form 10-Q, Quarterly Report May 02 2016
FirstMerit Corp. :FMER-US: Earnings Analysis: Q1, 2016 By the Numbers Apr 27 2016
FIRSTMERIT CORP /OH/ Files SEC form 8-K, Results of Operations and Financial Condition, Financial... Apr 26 2016
FirstMerit tops 1Q profit forecasts Apr 26 2016
FirstMerit tops 1Q profit forecasts Apr 26 2016
FirstMerit Reports First Quarter 2016 EPS of $0.31 Per Share Apr 26 2016
FirstMerit Reports First Quarter 2016 EPS of $0.31 Per Share Apr 26 2016
Q1 2016 FirstMerit Corp Earnings Release - Before Market Open Apr 26 2016
Huntington earnings climb on lending increase in 1Q, while oil-and-gas sector struggles Apr 20 2016
FirstMerit Announces Date of Its 2016 First Quarter Earnings Release Apr 13 2016
FirstMerit Announces Date of Its 2016 First Quarter Earnings Release Apr 13 2016
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces It Has Filed a Class Action Lawsuit on Behalf of... Apr 12 2016
Huntington Bank defends branch closures in FirstMerit deal Apr 06 2016
Bank gets naming rights to GOP convention site in Cleveland Apr 06 2016
Bank gets naming rights to GOP convention site in Cleveland Apr 06 2016
Huntington lands big naming rights deal in Cleveland ahead of GOP convention Apr 06 2016
FIRSTMERIT CORP /OH/ Files SEC form 8-K, Change in Directors or Principal Officers Apr 04 2016
[$$] SEC Cracks Down on Vague Proxy Proposals Mar 24 2016
Heavy Insider Buying at 3 Recovering Companies Mar 11 2016
Huntington and FirstMerit set branch closings for Central Ohio – here's the list Mar 10 2016

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