FirstMerit Balance Sheet - Quarterly (NASDAQ:FMER)

Add to My Stocks
$21.61 $0 (0%) FMER stock closing price Aug 16, 2016 (Closing)

The financial analysis of a company involves interpreting the income statement, balance sheet and cash flow statements of the company to draw insights like we've done in our FirstMerit stock analysis. Financial strength can be guaged by performing FirstMerit stock analysis and by analyzing the balance sheet. Quarterly results are typically accompanied with the company releasing financial statements. FirstMerit balance sheet as at the end of 2016 Q2 indicates an asset turnover ratio of and debt to equity ratio of . Also check FirstMerit revenue and FirstMerit operating cash flow for the same period.

View and download FirstMerit quarterly results to get the balance sheet details for the latest 40 quarters data.
show more
Fiscal year is Jan - Dec2016 Q22016 Q1
Cash524.28M759.89M
Marketable Securities--
Receivables17.55B17.32B
Inventory3.96M5.24M
Raw Materials--
Work In Progress--
Finished Goods--
Notes Receivable--
Other Current Assets--
Total Current Assets
18.08B18.09B
Property Plant & Equipment--
Accumulated Depreciation--
Net Property Plant & Equipment
293.2M305.76M
Investment & Advances6.98B6.87B
Other Non-Current Assets--
Deferred Charges--
Intangibles797.76M800.06M
Deposits & Other Assets--
Total Assets
26.15B26.06B
Notes Payable996.34M921.39M
Accounts Payable20.95B21.1B
Current Portion Long-Term Debt--
Current Portion Capital Leases--
Accrued Expenses469.05M345.23M
Income Taxes Payable--
Other Current Liabilities--
Total Current Liabilities
22.11B22.17B
Mortgages--
Deferred Taxes/Income--
Convertible Debt--
Long-Term Debt994.83M898.24M
Non-Current Capital Leases--
Other Long-Term Liabilities--
Total Liabilities
23.1B23.06B
Minority Interest--
Preferred Stock100M100M
Common Stock Net127.93M127.93M
Capital Surplus1.38B1.39B
Retained Earnings1.57B1.54B
Treasury Stock107.25M116.13M
Other Liabilities-29.47M-48.34M
Shareholders Equity3.05B3B
Total Liabilities & Shareholders Equity26.15B26.06B
All figures in USD. M: Millions of USD, B: Billions of USD.

Looking at FirstMerit historical stock prices and the current FirstMerit stock price can tell you how the stock price has moved, whereas the FirstMerit PE ratio chart shows if its shares are overpriced in comparison to peers. The important things to look for in a balance sheet are:

  • Assets: An asset is a resource that a corporation like FirstMerit owns and has economic value. The two major types of assets are: fixed assets like real estate, plant and machinery and current assets like cash, marketable securities and inventory. The total asset value for FMER stock as of 2016 Q2 is $26.15B. Its easy to associate the term with manufacturing companies, which invest a lot in factories and equipment. However, the same cannot be said about tech stocks.
  • Liabilities: This item on the balance sheet implies the firm's, in this case FirstMerit's, legal obligations including loans, accounts payable, deferred revenue, accrued expenses and mortgages. The total liabilities for FMER stock stand at $23.1B.