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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 0.57
FMER's Cash to Debt is ranked higher than
67% of the 1551 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.48 vs. FMER: 0.57 )
FMER' s 10-Year Cash to Debt Range
Min: 0.11   Max: No Debt
Current: 0.57

Equity to Asset 0.12
FMER's Equity to Asset is ranked higher than
83% of the 1996 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.09 vs. FMER: 0.12 )
FMER' s 10-Year Equity to Asset Range
Min: 0.08   Max: 0.12
Current: 0.12

0.08
0.12
Interest Coverage 4.73
FMER's Interest Coverage is ranked higher than
90% of the 1825 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.27 vs. FMER: 4.73 )
FMER' s 10-Year Interest Coverage Range
Min: 0.31   Max: 4.82
Current: 4.73

0.31
4.82
F-Score: 3
Z-Score: 0.26
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 : 6/10

vs
industry
vs
history
Operating margin (%) 31.28
FMER's Operating margin (%) is ranked higher than
78% of the 2006 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 29.16 vs. FMER: 31.28 )
FMER' s 10-Year Operating margin (%) Range
Min: 18.61   Max: 43
Current: 31.28

18.61
43
Net-margin (%) 22.02
FMER's Net-margin (%) is ranked higher than
76% of the 2006 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 21.42 vs. FMER: 22.02 )
FMER' s 10-Year Net-margin (%) Range
Min: 10.29   Max: 29.58
Current: 22.02

10.29
29.58
ROE (%) 8.53
FMER's ROE (%) is ranked higher than
75% of the 2016 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 8.57 vs. FMER: 8.53 )
FMER' s 10-Year ROE (%) Range
Min: 6.42   Max: 18.28
Current: 8.53

6.42
18.28
ROA (%) 0.96
FMER's ROA (%) is ranked higher than
80% of the 2019 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.80 vs. FMER: 0.96 )
FMER' s 10-Year ROA (%) Range
Min: 0.6   Max: 1.64
Current: 0.96

0.6
1.64
ROC (Joel Greenblatt) (%) 103.31
FMER's ROC (Joel Greenblatt) (%) is ranked higher than
80% of the 1989 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 76.96 vs. FMER: 103.31 )
FMER' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: 83.45   Max: 181.36
Current: 103.31

83.45
181.36
Revenue Growth (%) -0.60
FMER's Revenue Growth (%) is ranked higher than
71% of the 1727 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.00 vs. FMER: -0.60 )
FMER' s 10-Year Revenue Growth (%) Range
Min: -5.9   Max: 15.4
Current: -0.6

-5.9
15.4
EBITDA Growth (%) 7.10
FMER's EBITDA Growth (%) is ranked higher than
74% of the 1558 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 6.50 vs. FMER: 7.10 )
FMER' s 10-Year EBITDA Growth (%) Range
Min: -11.2   Max: 23
Current: 7.1

-11.2
23
EPS Growth (%) 5.00
FMER's EPS Growth (%) is ranked higher than
71% of the 1545 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 8.90 vs. FMER: 5.00 )
FMER' s 10-Year EPS Growth (%) Range
Min: -12.3   Max: 28.2
Current: 5

-12.3
28.2
» FMER's 10-Y Financials

Financials


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

» Details

Guru Trades

Q4 2013

FMER Guru Trades in Q4 2013

Steven Cohen 53,990 sh (New)
Jim Simons 479,141 sh (New)
Paul Tudor Jones 39,608 sh (+250.51%)
David Dreman 354,240 sh (+3.89%)
RS Investment Management 1,321,480 sh (-0.47%)
Mario Gabelli 105,900 sh (-0.47%)
Ken Fisher 3,430,507 sh (-1.57%)
Chuck Royce 238,000 sh (-34.62%)
John Keeley 1,168,880 sh (-54.11%)
» More
Q1 2014

FMER Guru Trades in Q1 2014

Jim Simons 606,641 sh (+26.61%)
David Dreman 362,834 sh (+2.43%)
Steven Cohen 54,067 sh (+0.14%)
Mario Gabelli 105,900 sh (unchged)
Chuck Royce Sold Out
Ken Fisher 3,414,507 sh (-0.47%)
RS Investment Management 1,264,530 sh (-4.31%)
John Keeley 880,495 sh (-24.67%)
Paul Tudor Jones 29,273 sh (-26.09%)
» More
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 (-1.2%)
RS Investment Management 1,154,808 sh (-1.77%)
Jim Simons 51,041 sh (-66.43%)
Ken Fisher 666,546 sh (-83%)
» 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%)

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Ken Fisher 2014-09-30 Reduce -83%0.13%$17.15 - $20.21 $ 18.261%666546
Joel Greenblatt 2014-09-30 New Buy$17.15 - $20.21 $ 18.261%11176
John Keeley 2014-03-31 Reduce -24.67%0.11%$19.49 - $23.3 $ 18.26-14%880495
John Keeley 2013-12-31 Reduce -54.11%0.54%$21.49 - $23.36 $ 18.26-19%1168880
David Dreman 2013-09-30 Reduce -80.63%0.81%$20.35 - $23.24 $ 18.26-16%340976
Joel Greenblatt 2013-09-30 Sold Out 0.01%$20.35 - $23.24 $ 18.26-16%0
Mario Gabelli 2013-09-30 Add 23.15%$20.35 - $23.24 $ 18.26-16%106400
David Dreman 2013-06-30 Reduce -16.52%0.15%$15.69 - $20.35 $ 18.262%1760185
Mario Gabelli 2013-06-30 Add 224.36%0.01%$15.69 - $20.35 $ 18.262%86400
John Keeley 2013-03-31 Add 18.66%0.13%$14.19 - $16.54 $ 18.2619%2544934
Joel Greenblatt 2013-03-31 New Buy0.01%$14.19 - $16.54 $ 18.2619%14952
Mario Gabelli 2013-03-31 New Buy$14.19 - $16.54 $ 18.2619%26637
Mario Gabelli 2012-06-30 Sold Out 0.0012%$14.74 - $16.99 $ 18.2614%0
John Keeley 2012-03-31 Add 141.56%0.33%$15.45 - $17.29 $ 18.2619%1652515
Mario Gabelli 2012-03-31 Reduce -33.11%$15.45 - $17.29 $ 18.2619%10100
Ray Dalio 2011-12-31 Sold Out 0.01%$10.81 - $15.57 $ 18.2633%0
David Dreman 2011-09-30 Add 19.77%0.11%$10.31 - $17.11 $ 18.2636%2255661
Ray Dalio 2011-09-30 New Buy0.01%$10.31 - $17.11 $ 18.2636%58853
Premium More recent guru trades are included for Premium Members only!!
Premium More recent guru trades are included for USA Subscribe Members only!!
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Preferred stocks of Firstmerit Corp

SymbolPriceYieldDescription
FMERPRA0.006.00

Ratios

vs
industry
vs
history
P/E(ttm) 13.40
FMER's P/E(ttm) is ranked higher than
84% of the 2626 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 17.50 vs. FMER: 13.40 )
FMER' s 10-Year P/E(ttm) Range
Min: 9.1   Max: 29.68
Current: 13.4

9.1
29.68
P/B 1.11
FMER's P/B is ranked higher than
79% of the 2626 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.34 vs. FMER: 1.11 )
FMER' s 10-Year P/B Range
Min: 0.73   Max: 2.45
Current: 1.11

0.73
2.45
P/S 2.84
FMER's P/S is ranked higher than
80% of the 2626 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 3.61 vs. FMER: 2.84 )
FMER' s 10-Year P/S Range
Min: 1.63   Max: 4.62
Current: 2.84

1.63
4.62
PFCF 114.13
FMER's PFCF is ranked higher than
78% of the 2626 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 9999.00 vs. FMER: 114.13 )
FMER' s 10-Year PFCF Range
Min: 6.87   Max: 117.13
Current: 114.13

6.87
117.13
EV-to-EBIT 10.51
FMER's EV-to-EBIT is ranked higher than
87% of the 2626 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 19.80 vs. FMER: 10.51 )
FMER' s 10-Year EV-to-EBIT Range
Min: 6.7   Max: 23.3
Current: 10.51

6.7
23.3
PEG 1.76
FMER's PEG is ranked higher than
87% of the 2626 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 9999.00 vs. FMER: 1.76 )
FMER' s 10-Year PEG Range
Min: 1.27   Max: 36.26
Current: 1.76

1.27
36.26
Shiller P/E 15.09
FMER's Shiller P/E is ranked higher than
91% of the 2626 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 9999.00 vs. FMER: 15.09 )
FMER' s 10-Year Shiller P/E Range
Min: 8.11   Max: 19.12
Current: 15.09

8.11
19.12

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 3.50
FMER's Dividend Yield is ranked higher than
75% of the 1871 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 2.25 vs. FMER: 3.50 )
FMER' s 10-Year Dividend Yield Range
Min: 2.62   Max: 8.99
Current: 3.5

2.62
8.99
Dividend Payout 0.47
FMER's Dividend Payout is ranked higher than
74% of the 2626 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.60 vs. FMER: 0.47 )
FMER' s 10-Year Dividend Payout Range
Min: 0.42   Max: 11.29
Current: 0.47

0.42
11.29
Yield on cost (5-Year) 2.93
FMER's Yield on cost (5-Year) is ranked higher than
58% of the 1883 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 2.50 vs. FMER: 2.93 )
FMER' s 10-Year Yield on cost (5-Year) Range
Min: 2.19   Max: 7.52
Current: 2.93

2.19
7.52
Share Buyback Rate -14.10
FMER's Share Buyback Rate is ranked higher than
56% of the 1472 Companies
in the Global Banks - Regional - US industry.

( Industry Median: -1.90 vs. FMER: -14.10 )
FMER' s 10-Year Share Buyback Rate Range
Min: 2.3   Max: -16.4
Current: -14.1

Valuation & Return

vs
industry
vs
history
Price/Tangible Book 1.59
FMER's Price/Tangible Book is ranked higher than
72% of the 2626 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.62 vs. FMER: 1.59 )
FMER' s 10-Year Price/Tangible Book Range
Min: 1.13   Max: 8.13
Current: 1.59

1.13
8.13
Price/DCF (Projected) 0.87
FMER's Price/DCF (Projected) is ranked higher than
81% of the 2626 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 5.54 vs. FMER: 0.87 )
FMER' s 10-Year Price/DCF (Projected) Range
Min: 0.31   Max: 2.13
Current: 0.87

0.31
2.13
Price/Median PS Value 0.94
FMER's Price/Median PS Value is ranked higher than
90% of the 2626 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.25 vs. FMER: 0.94 )
FMER' s 10-Year Price/Median PS Value Range
Min: 0.58   Max: 2.58
Current: 0.94

0.58
2.58
Price/Peter Lynch Fair Value 1.38
FMER's Price/Peter Lynch Fair Value is ranked higher than
91% of the 2626 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 9999.00 vs. FMER: 1.38 )
FMER' s 10-Year Price/Peter Lynch Fair Value Range
Min: 0.67   Max: 4.43
Current: 1.38

0.67
4.43
Price/Graham Number 0.93
FMER's Price/Graham Number is ranked higher than
81% of the 2626 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.19 vs. FMER: 0.93 )
FMER' s 10-Year Price/Graham Number Range
Min: 0.73   Max: 4.25
Current: 0.93

0.73
4.25
Earnings Yield (Greenblatt) 9.50
FMER's Earnings Yield (Greenblatt) is ranked higher than
85% of the 1973 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 6.60 vs. FMER: 9.50 )
FMER' s 10-Year Earnings Yield (Greenblatt) Range
Min: 4.3   Max: 14.8
Current: 9.5

4.3
14.8
Forward Rate of Return (Yacktman) 15.58
FMER's Forward Rate of Return (Yacktman) is ranked higher than
75% of the 1512 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 13.69 vs. FMER: 15.58 )
FMER' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -0.5   Max: 22.3
Current: 15.58

-0.5
22.3

Business Description

Industry: Banks » Banks - Regional - US
Compare:MTB, USB, PNC, PB, CFR » 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 primarily 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 primarily 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 CORP /OH/ Files SEC form 8-K, Creation of a Direct Financial Obligation or an Obligation... Nov 25 2014
FirstMerit Corporation Announces Quarterly Cash Dividend of $0.16 Per Share Nov 20 2014
FirstMerit Corporation Announces Quarterly Cash Dividend of $0.16 Per Share Nov 20 2014
FIRSTMERIT CORP /OH/ Financials Nov 11 2014
10-Q for FirstMerit Corp. Nov 06 2014
FirstMerit Creates Sustainable Home Purchase Program with Detroit Land Bank and Cody Rouge Community... Nov 05 2014
FirstMerit Creates Sustainable Home Purchase Program with Detroit Land Bank and Cody Rouge Community... Nov 05 2014
FIRSTMERIT CORP /OH/ Files SEC form 10-Q, Quarterly Report Nov 04 2014
FIRSTMERIT CORP /OH/ Files SEC form 8-K, Results of Operations and Financial Condition, Financial... Oct 28 2014
FirstMerit Reports Third Quarter 2014 EPS of $0.37 Per Share Oct 28 2014
Q3 2014 Firstmerit Corp Earnings Release - Before Market Open Oct 28 2014
FirstMerit Announces Conference Call To Discuss 2014 Third Quarter Earnings Oct 14 2014
Sandy Pierce, vice chairman of FirstMerit Corporation, named one of American Banker's 2014 Most... Sep 23 2014
FIRSTMERIT CORP /OH/ Files SEC form 8-K, Regulation FD Disclosure Sep 12 2014
FirstMerit Corporation to Present at Barclays Capital Financial Services Conference Aug 28 2014
FirstMerit Corporation Announces Cash Dividend on Preferred Stock of $14.69 Per Share Aug 21 2014
FirstMerit Corporation Announces Quarterly Cash Dividend of $0.16 Per Share Aug 21 2014
FirstMerit Bank Partners with Skillman Foundation to Provide Financial Assistance to Home Buyers and... Aug 18 2014
FirstMerit to Redeem Trust Preferred Securities, Shares Fall Aug 13 2014
FIRSTMERIT CORP /OH/ Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits Aug 11 2014

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