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. The income statement for FMER which implies a YoY revenue decline of $45.51M is specific to a period of time. Investors typically check YoY or QoQ revenue growth. The operating expenses (also check: FirstMerit assets and FirstMerit free cash flow) as shown in the FirstMerit profit and loss statement 2015 total to $720.04M. This line item has decreased from $753.09M compared with last year. FirstMerit revenue for 2015 is $1.07B. View revenue and profit details for latest and last 10 financial years.

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Annual
Quarterly
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Fiscal year is Jan - Dec. 2015 2014 2013 2012 2011 2010 2009 2008 2007
FirstMerit Net Sales or Revenues
1.07B1.11B1.04B734.28M763.01M754.92M669.82M755.26M833.91M
Cost Of Goods Sold (COGS)36.26M35.9M36.59M33.27M48.99M65.37M78.68M138.2M207.54M
FirstMerit Gross Profit
1.03B1.08B999.54M701.01M714.02M689.55M591.14M617.05M626.36M
Research & Development Expense---------
Selling General & Admin Expense673.39M705.46M712.62M506.44M536.56M528.16M450.9M388.66M360.17M
Income Before Depreciation Depletion Amortization358.85M372.65M286.92M194.56M177.46M161.38M140.24M228.39M266.19M
Depreciation Depletion Amortization10.39M11.73M8.39M1.86M2.17M2.91M0.34M0.57M0.88M
Non Operating Income---------
Interest Expense21.96M21.02M18.42M5.58M9.63M18.47M32.08M59.43M91.89M
FirstMerit Pretax Income
326.5M339.89M260.11M187.12M165.65M140M107.81M168.38M173.4M
Provision for Income Taxes97.01M101.94M76.42M53.01M46.09M37.09M25.64M48.9M50.38M
Minority Interest---------
Investment Gains Losses---------
Other Income---------
Income Before Extraordinaries & Disc Operations229.48M237.95M183.68M134.1M119.55M102.9M82.17M119.48M123.02M
Extraordinary Items & Discontinued Operations---------
FirstMerit Net Income (Profit/Loss)
229.48M237.95M183.68M134.1M119.55M102.9M82.17M119.48M123.02M
Average Shares used to compute Diluted EPS166.13M166.05M150.42M109.52M109.1M101.17M84.62M81.98M81.61M
Average Shares used to compute Basic EPS165.67M165.3M149.61M109.52M109.1M101.16M84.62M81.94M81.47M
Income Before Nonrecurring Items227.65M230.15M225.85M134.11M119.56M102.91M75.8M119.49M123.03M
Income from Nonrecurring Items---49.05M------
FirstMerit Earnings Per Share Basic Net
1.341.391.181.221.101.020.901.461.51
FirstMerit Earnings Per Share Diluted Net
1.331.391.181.221.101.020.901.461.51
EPS Diluted Before Nonrecurring Items1.331.391.471.221.101.020.901.461.51
Preferred Dividends Acc Pd---------
Dividends Common---------
Dividend Per Share Common0.660.640.640.640.640.640.771.141.14
All figures in USD. M: Millions of USD, B: Billions of USD.
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It is very helpful to read a report on FirstMerit stock analysis. An investor must check the following items in an income statement:
  • Revenue: The money received by selling of goods or services comes under this line item. A YoY 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. .