Firstmerit Cp: (NASD: FMER)

$18.07

-0.15 (-0.82%)

Volume 152,907

May 24 11:19 AM ET

Zacks Rank: 3-Hold

 
 
#3
 
 

Overview Quote

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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 Recommendation Long-Term: 6+ Months

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Neutral

Zacks Industry Rank

44 out of 265

Equity Research Report

Updated as of 05/17/2013

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Key Earnings Data

PE (Forward) 14.03
PEG Ratio 2.48
Current Year Est. 1.30
Current Quarter Estimate 0.30
Most Accurate Estimate 0.28
Earnings ESP -6.67%
Next Earnings Report Date 07-23-2013
EPS Last Year 1.28
Expected Earnings Growth 5.67%

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%

Average Earnings Estimates for FMER

EPS Growth for FMER

Industry Analysis

Name Symbol Previous Close Zacks Rank Zacks Recommendation
FIRSTMERIT CORP FMER 18.22
ENTERPRISE FINL EFSC 15.41
FIRST BUS FINL FBIZ 28.94
FIRST INTST MT FIBK 20.73
OLD SECOND BCP OSBC 5.56
PRIVATEBANCORP PVTB 19.63
TOWER FINANCIAL TOFC 13.89
FIRST BUSEY-A BUSE 4.40
LAKELAND FINL LKFN 27.74
MACATAWA BANK MCBC 5.44

Sector:Finance>> Industry:BANKS-MIDWEST

COMPARE TICKER vs. Its Peers

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

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