FirstMerit Annual Income Statement (NASDAQ:FMER)

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$21.61 $0 (0%) FMER stock closing price Aug 16, 2016 (Closing)

Financial analysis of FirstMerit involves more than just checking the FirstMerit stock price, by looking at the financial statements of the company in detail. In the income statement, an investor can look at important parameters like revenue, gross profits, net profits, and EPS basic to gain deeper insights. When compared with the corresponding income statement from the past, the latest income statement shows how revenue has decreased from $1.11B to $1.07B and how operating and non operating activities have impacted the FMER stock. The FirstMerit profit and loss statement for 2015 shows a profit of $229.48M. Profits have reduced from $237.95M YoY. Apart from this an investor should also check FirstMerit assets and FirstMerit free cash flow. FirstMerit revenue for 2015 is $1.07B. View revenue and profit details for latest and last 10 financial years.

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Fiscal year is Jan - Dec. 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
FirstMerit Net Sales or Revenues
Cost Of Goods Sold (COGS)36.26M35.9M36.59M33.27M48.99M65.37M78.68M138.2M207.54M183.17M
FirstMerit Gross Profit
Research & Development Expense----------
Selling General & Admin Expense673.39M705.46M712.62M506.44M536.56M528.16M450.9M388.66M360.17M403.31M
Income Before Depreciation Depletion Amortization358.85M372.65M286.92M194.56M177.46M161.38M140.24M228.39M266.19M212.5M
Depreciation Depletion Amortization10.39M11.73M8.39M1.86M2.17M2.91M0.34M0.57M0.88M0.88M
Non Operating Income----------
Interest Expense21.96M21.02M18.42M5.58M9.63M18.47M32.08M59.43M91.89M80.29M
FirstMerit Pretax Income
Provision for Income Taxes97.01M101.94M76.42M53.01M46.09M37.09M25.64M48.9M50.38M36.37M
Minority Interest----------
Investment Gains Losses----------
Other Income----------
Income Before Extraordinaries & Disc Operations229.48M237.95M183.68M134.1M119.55M102.9M82.17M119.48M123.02M94.94M
Extraordinary Items & Discontinued Operations----------
FirstMerit Net Income (Profit/Loss)
Average Shares used to compute Diluted EPS166.13M166.05M150.42M109.52M109.1M101.17M84.62M81.98M81.61M81.45M
Average Shares used to compute Basic EPS165.67M165.3M149.61M109.52M109.1M101.16M84.62M81.94M81.47M81.22M
Income Before Nonrecurring Items227.65M230.15M225.85M134.11M119.56M102.91M75.8M119.49M123.03M94.95M
Income from Nonrecurring Items---49.05M-------
FirstMerit Earnings Per Share Basic Net
FirstMerit Earnings Per Share Diluted Net
EPS Diluted Before Nonrecurring Items1.331.391.471.
Preferred Dividends Acc Pd----------
Dividends Common----------
Dividend Per Share Common0.660.640.640.640.640.640.771.141.141.12
All figures in USD. M: Millions of USD, B: Billions of USD.

Before investing one should read a report on FirstMerit stock analysis. It helps to look at the following income statement items:
  • Top line: The word topline comes from the fact that the first line of an income statement refers to sales numbers. If you check you will find that FMER stock has a topline or revenue of $1.07B for 2015 as per this FirstMerit revenue chart. Investors look for stocks with a growing top line.
  • Bottom line: The Bottomline or the net income figure is arrived at by deducting all expenses from the topline which in this case is $1.07B - other expenses = $229.48M for FMER stock. An improving bottomline implies that the company is growing profits.
The income statement is also called the profit and loss statement. Apart from the income statement, one can check the FirstMerit historical stock prices to check how the price has moved with time. .

FirstMerit Income Statement - Key Financial Ratios

PE ratio (price earnings ratio)
PS ratio (
price sales ratio
Operating margin
Net profit margin
Dividend yield