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FirstMerit (FirstMerit) Profitability Rank : 0 (As of Jun. 2016)


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What is FirstMerit Profitability Rank?

FirstMerit has the Profitability Rank of 0.

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

FirstMerit's Operating Margin % for the quarter that ended in Jun. 2016 was 33.63%. As of today, FirstMerit's Piotroski F-Score is 0.


Competitive Comparison of FirstMerit's Profitability Rank

For the Banks - Regional subindustry, FirstMerit's Profitability Rank, along with its competitors' market caps and Profitability Rank data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


FirstMerit's Profitability Rank Distribution in the Banks Industry

For the Banks industry and Financial Services sector, FirstMerit's Profitability Rank distribution charts can be found below:

* The bar in red indicates where FirstMerit's Profitability Rank falls into.



FirstMerit Profitability Rank Calculation

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way.

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.

FirstMerit has the Profitability Rank of 0.

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

Profitability Rank is based on these factors:

1. Operating Margin %

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

FirstMerit's Operating Margin % for the quarter that ended in Jun. 2016 is calculated as:

Operating Margin %=Operating Income (Q: Jun. 2016 ) / Revenue (Q: Jun. 2016 )
=84.482 / 251.193
=33.63 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

2. Piotroski F-Score

The zones of discrimination were as such:

Good or high score = 8 or 9
Bad or low score = 0 or 1

FirstMerit has an F-score of 0. It is a bad or low score, which usually implies poor business operation.

3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.

4. Consistency of the profitability

5. Predictability Rank


FirstMerit Profitability Rank Related Terms

Thank you for viewing the detailed overview of FirstMerit's Profitability Rank provided by GuruFocus.com. Please click on the following links to see related term pages.


FirstMerit (FirstMerit) Business Description

Traded in Other Exchanges
N/A
Address
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.
Executives
Lizabeth A Ardisana director 328 S. SAGINAW ST., FLINT MI 48430
Brian C Williams officer: See Remarks III CASCADE PLAZA AKRON OH 44308
Carlton E Langer officer: See Remarks III CASCADE PLAZA AKRON OH 44308
Robert S Cubbin director
Christopher J Maurer officer: See Remarks III CASCADE PLAZA AKRON OH 44308
Steve H Baer director III CASCADE PLAZA AKRON OH 44308
Philip A Lloyd director II CASCADE PLAZA AKRON OH 44308
R Cary Blair director II CASCADE PLAZA AKRON OH 44308
Russ M Strobel director NICOR INC P O BOX 3014 NAPERVILLE IL 60566-7014
Nancy H Worman officer: See Remarks III CASCADE PLAZA AKRON OH 44308
Michael G Robinson officer: See Remarks III CASCADE PLAZA AKRON OH 44308
William P Richgels officer: See Remarks III CASCADE PLAZA AKRON OH 44308
Mark D Quinlan officer: See Remarks 200 NORTH ADAMS STREET, GREEN BAY WI 54301
Paul G Greig director, officer: Chairman, President and CEO III CASCADE PLAZA, AKRON OH 44308
Karen S Belden director II CASCADE PLAZA AKRON OH 44308

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