FirstMerit Income Statement - Quarterly (NASDAQ:FMER)

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

Financial statements provide us with a way to gain insights and undertake the fundamental analysis of a company. Checking FirstMerit stock price alone is not sufficient. In the income statement, an investor can check for important parameters like the topline, the bottomline, the EPS basic, dividends etc. The income statement is always for an accounting period, typically for a year or quarter, and affects the stock. In this case, the FMER stock is bound to reflect the impact of the QoQ decline of $1.62M. The FirstMerit profit and loss statement for 2016-Q2 shows a profit of $58.31M. Profits have grown from $54.14M QoQ. Apart from this an investor should also check FirstMerit assets and FirstMerit free cash flow. View details of revenue and profits for FirstMerit for latest & last 40 quarters.

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Annual
Quarterly
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Fiscal year is Jan - Dec. 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1
FirstMerit Net Sales or Revenues
266.46M268.08M265.71M271.49M265.96M265.36M278.06M277.93M282.89M275.15M
Cost Of Goods Sold (COGS)9.77M9.87M9.75M9.14M8.88M8.49M8.74M9.17M9.23M8.76M
FirstMerit Gross Profit
256.68M258.21M255.98M262.33M257.07M256.87M269.33M268.75M273.65M266.38M
Research & Development Expense----------
Selling General & Admin Expense164.4M172.46M166.64M172.41M168.04M166.3M175.41M169.4M179.72M180.93M
Income Before Depreciation Depletion Amortization92.27M85.74M89.34M89.92M89.03M90.56M93.92M99.35M93.93M85.45M
Depreciation Depletion Amortization2.3M2.3M2.62M2.59M2.59M2.59M2.94M2.93M2.93M2.93M
Non Operating Income----------
Interest Expense5.49M5.66M5.6M5.59M5.37M5.4M4.86M5.44M5.51M5.21M
FirstMerit Pretax Income
84.48M77.77M81.14M81.73M81.06M82.57M86.14M90.97M85.48M77.3M
Provision for Income Taxes26.17M23.64M24.39M22.72M24.47M25.43M25.07M27.07M25.96M23.84M
Minority Interest----------
Investment Gains Losses----------
Other Income----------
Income Before Extraordinaries & Disc Operations58.31M54.14M55.76M58.54M56.58M56.73M59.11M61.91M59.52M53.46M
Extraordinary Items & Discontinued Operations----------
FirstMerit Net Income (Profit/Loss)
58.31M54.14M55.76M58.54M56.58M56.73M59.11M61.91M59.52M53.46M
Average Shares used to compute Diluted EPS166.81M166.24M166.22M166.06M166.28M166.41M165.97M165.8M166.15M166M
Average Shares used to compute Basic EPS166.19M165.75M165.76M165.76M165.74M165.26M165.4M165.39M165.34M165.06M
Income Before Nonrecurring Items62.6M57.64M55.76M58.54M56.58M56.73M59.11M61.91M59.52M53.46M
Income from Nonrecurring Items-4.29M-3.5M--------
FirstMerit Earnings Per Share Basic Net
0.340.320.330.340.330.330.360.370.350.31
FirstMerit Earnings Per Share Diluted Net
0.340.310.330.340.330.330.360.370.350.31
EPS Diluted Before Nonrecurring Items0.360.340.330.340.330.330.360.370.350.31
Preferred Dividends Acc Pd----------
Dividends Common----------
Dividend Per Share Common0.170.170.170.170.160.160.160.160.160.16
All figures in USD. M: Millions of USD, B: Billions of USD.
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FirstMerit stock analysis involves checking at least a few of the important things like:
  • Revenue: The money received by selling of goods or services comes under this line item. A QoQ growth (See: FirstMerit revenue chart) implies that the company is growing, which has not been the case with FirstMerit. One must stay away from stocks whose revenues are declining.
  • Bottom line: The word bottom line comes because it is usually the last line of the income statement and refers to the actual profits after deducting all expenses from the revenues. FMER stock had a poor bottom line growth.
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)
16.0910
PS ratio (
price sales ratio
)
3.2934
Operating margin
33.8
Net profit margin
21.9
Dividend yield
3.2%