Switch to:
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

vs
industry
vs
history
Interest Coverage 5.34
FMER's Interest Coverage is ranked lower than
99.99% of the 1562 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.72 vs. FMER: 5.34 )
Ranked among companies with meaningful Interest Coverage only.
FMER' s Interest Coverage Range Over the Past 10 Years
Min: 0  Med: 0 Max: 5.34
Current: 5.34
0
5.34
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

vs
industry
vs
history
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
» FMER's 30-Y Financials

Financials


Revenue & Net Income
Equity & Asset
Operating Cash Flow & Free Cash Flow
Operating Cash Flow & Net Income

» Details

Guru Trades

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)
Joel Greenblatt Sold Out
David Dreman Sold Out
Keeley Asset Management Corp 1,775,830 sh (-2.65%)
» More
Q1 2016

FMER Guru Trades in Q1 2016

David Dreman 529,489 sh (New)
Paul Tudor Jones 240,605 sh (New)
Jeremy Grantham 748,379 sh (New)
Jim Simons 757,541 sh (+607.98%)
Keeley Asset Management Corp Sold Out
Barrow, Hanley, Mewhinney & Strauss Sold Out
RS Investment Management Sold Out
Mario Gabelli 148,100 sh (-6.33%)
» More
Q2 2016

FMER Guru Trades in Q2 2016

Jim Simons 1,395,341 sh (+84.19%)
Paul Tudor Jones 295,755 sh (+22.92%)
Mario Gabelli 148,100 sh (unchged)
Jeremy Grantham Sold Out
David Dreman Sold Out
» More
Q3 2016

FMER Guru Trades in Q3 2016

Jim Simons Sold Out
Mario Gabelli Sold Out
Paul Tudor Jones Sold Out
» 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%)

No Entry found in the selected group of Gurus. You can
  • 1. Modify your Personalized List of Gurus, or
  • 2. Click on Premium Premium Tools above to check out all the Gurus, or
  • 3. Click on Premium Plus Premium Plus above for the stocks picks of all the institutional investment advisors (>4000)
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Preferred stocks of FirstMerit Corp

SymbolPriceYieldDescription
FMERPRA26.105.63

Business Description

Industry: Banks » Banks - Regional - US  
Compare:NAS:BPOP, NYSE:BOH, NAS:UMBF, NAS:CATY, NYSE:BKU, NAS:CHFC, NYSE:ASB, NAS:MBFI, NAS:FULT, NAS:UBSI, NAS:IBKC, NAS:FHB, NAS:HOMB, NYSE:VLY, NAS:FFIN, XPTY:EGIN, NYSE:TCF, NAS:GBCI, NAS:HBHC, NYSE:BXS » details
Traded in other countries:FE5.Germany,
Headquarter Location:USA
Firstmerit Corp 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.

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, Wealth and Other. 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.

Ratios

vs
industry
vs
history

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield % 3.15
FMER's Dividend Yield % is ranked higher than
61% of the 2337 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 2.62 vs. FMER: 3.15 )
Ranked among companies with meaningful Dividend Yield % only.
FMER' s Dividend Yield % Range Over the Past 10 Years
Min: 0  Med: 0 Max: 3.15
Current: 3.15
0
3.15
Dividend Payout Ratio 0.52
FMER's Dividend Payout Ratio is ranked higher than
64% of the 1387 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.32 vs. FMER: 0.52 )
Ranked among companies with meaningful Dividend Payout Ratio only.
FMER' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0  Med: 0 Max: 0.52
Current: 0.52
0
0.52
Forward Dividend Yield % 3.15
FMER's Forward Dividend Yield % is ranked higher than
61% of the 2240 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 2.79 vs. FMER: 3.15 )
Ranked among companies with meaningful Forward Dividend Yield % only.
N/A
5-Year Yield-on-Cost % 3.15
FMER's 5-Year Yield-on-Cost % is ranked lower than
52% of the 2723 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 3.29 vs. FMER: 3.15 )
Ranked among companies with meaningful 5-Year Yield-on-Cost % only.
FMER' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0  Med: 0 Max: 3.15
Current: 3.15
0
3.15

Valuation & Return

vs
industry
vs
history

More Statistics

Revenue (TTM) (Mil) $1,010.87
EPS (TTM) $ 1.31
Short Percentage of Float2.30%
52-Week Range $15.33 - 23.15
Shares Outstanding (Mil)166.17

Analyst Estimate

Dec16 Dec17
Revenue (Mil $) 1,053 1,107
EPS ($) 1.42 1.53
EPS without NRI ($) 1.42 1.53
EPS Growth Rate
(Future 3Y To 5Y Estimate)
6.40%
Dividends per Share ($)

Piotroski F-Score Details

Piotroski F-Score: ----
Positive ROAN
Positive CFROAN
Higher ROA yoyN
CFROA > ROAN
Lower Leverage yoyN
Higher Current Ratio yoyN
Less Shares Outstanding yoyN
Higher Gross Margin yoyN
Higher Asset Turnover yoyN

Personalized Checklist

Checklist has been moved to "Checklist" tab.

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GF Chat

{{numOfNotice}}