Overview Quote
Stock Activity
| Day Low - High | 18.02 - 18.15 |
| 52wk Low - High | 12.95 - 18.90 |
| Previous Close | 18.22 |
| Avg. Volume | 1,162,539 |
| Industry | BANKS-MIDWEST |
| Market Cap | 2.00 B |
| Div - Yield | 0.64 - 3.51 |
| Beta | 0.94 |
| PE (Forward) | 14.03 |
| Current Year Est. | 1.30 |
| Quarterly Earnings ESP |
-6.67% |
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Zacks Rank
|
3 |
Zacks Recommendation
|
Neutral |
Zacks Industry Rank
|
44 out of 265 |
Equity Research Report
|
PREMIUM |
( = Change in last 30 days)
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Company Description
FirstMerit Corporation is a financial services company. FirstMerit provides a complete range of banking and other financial services to consumers and businesses through its core operations. Principal wholly-owned subsidiaries include FirstMerit Bank, N.A., FirstMerit Mortgage Corporation, FirstMerit Credit Life Insurance Company, FirstMerit Community Development Corporation, and Mobile Consultants, Inc. (Company Press Release)
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Earnings Estimates
| Current Qtr (06/2013) |
Next Qtr (09/2013) |
Current Year (12/2013) |
Next Year (12/2014) |
|
|---|---|---|---|---|
| Average Estimate | 0.30 | 0.34 | 1.30 | 1.41 |
| Number of Estimates | 11 | 11 | 11 | 10 |
| Low Estimate | 0.22 | 0.30 | 1.14 | 1.31 |
| High Estimate | 0.36 | 0.38 | 1.41 | NA |
| Year Ago EPS | 0.28 | 0.32 | 1.22 | 1.30 |
| EPS Growth | 6.49% | 4.83% | 6.41% | 8.77% |
Industry Analysis
| Name | Symbol | Previous Close | Zacks Rank | Zacks Recommendation |
|---|---|---|---|---|
| FIRSTMERIT CORP | FMER | 18.22 | ![]() |
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| ENTERPRISE FINL | EFSC | 15.41 | ![]() |
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| FIRST BUS FINL | FBIZ | 28.94 | ![]() |
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| FIRST INTST MT | FIBK | 20.73 | ![]() |
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| OLD SECOND BCP | OSBC | 5.56 | ![]() |
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| PRIVATEBANCORP | PVTB | 19.63 | ![]() |
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| TOWER FINANCIAL | TOFC | 13.89 | ![]() |
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| FIRST BUSEY-A | BUSE | 4.40 | ![]() |
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| LAKELAND FINL | LKFN | 27.74 | ![]() |
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| MACATAWA BANK | MCBC | 5.44 | ![]() |
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Sector:Finance>> Industry:BANKS-MIDWEST
Zacks Commentary
FirstMerit to Buy Citizens Republic
Sep 14, 2012
KeyCorp to Adopt Cost-Cutting Measures
Jul 23, 2012
Zacks Industry Rank Analysis Highlights: Texas Capital Bancshares, Taylor Capital Bancshares, FirstMerit, First Community Bancshares and Community Trust Bancorp
Jun 01, 2012
Can You Bank on Regional Banks?
May, 31 2012 00:00
Report for FMER
May 17, 2013
Financials
| EPS TTM | 1.28 |
| Sales | 734 |
| Net Income | 140 |
| Price/Earnings | 14.23 |
| Price/Book | 1.21 |
| Price/Cash Flow | 11.49 |
| Price/Sales | 2.73 |
News
FirstMerit Bearish Moving Average Crossover Alert (FMER) - Financial News Network Online - Moving Average Crossovers
May 23, 2013
FirstMerit Shares Sinking Lower, Down 1.7% - Financial News Network Online - Market Movers
May 23, 2013
Shares of FMER Up 22.0% Since Uptrend Call on Shares - Comtex Smartrend(R)
May 23, 2013
Recent 52-Week High Exceeded in Shares of FirstMerit (FMER) - Financial News Netwfork Online - 52-Week High-Lows
May 22, 2013
Shares of PNC Financial Services Rank the Highest in Terms of Relative Performance in the Regional Banks Industry (PNC, PVTB, FMER, ASBC, CSE) - Financial News Network Online - News Corner
May 22, 2013
Shares of FirstMerit Have Risen Above Previous 52-Week High - Financial News Netwfork Online - 52-Week High-Lows
May 20, 2013
FirstMerit Corporation Announces Cash Dividend on Preferred Stock of $14.69 Per Share - Pr Newswire
May 16, 2013
FirstMerit Corporation Announces Quarterly Cash Dividend of $0.16 Per Share - Pr Newswire
May 16, 2013
Broker Recommendations
| Current ABR | 2.50 |
| ABR (Last Week) | 2.50 |
| # of recs in ABR | 12 |
| Average Target Price | 17.25 |
| Industry Rank by ABR | 44 out of 265 |
| Rank in Industry | 10 out of 34 |

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