FirstMerit Revenue, Profits - FMER Quarterly Income Statement

Add to My Stocks
$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 or sales, the bottomline or profits, the basic EPS, dividends etc. The income statement is generated for a specific period of time, typically a year or a quarter. The revenue decrease to $266.46M for 2016 Q2 impacts the FMER stock. Investors typically check year over year or quarter over quarter revenue growth. The FirstMerit profit and loss statement for 2016 Q2 shows a net profit of $58.31M. Profits for last year was $54.14M. Apart from this an investor should also check FirstMerit assets and FirstMerit free cash flow.

View and download details of revenue and profits for FirstMerit for latest & last 40 quarters.
show more
Fiscal year is Jan - Dec2016 Q22016 Q12015 Q4
FirstMerit Revenues or Net Sales
Cost Of Goods Sold (COGS)9.77M9.87M9.75M
FirstMerit Gross Profit
Research & Development Expense---
Selling General & Admin Expense164.4M172.46M166.64M
Income Before Depreciation Depletion Amortization92.27M85.74M89.34M
Depreciation Depletion Amortization2.3M2.3M2.62M
Non Operating Income---
Interest Expense5.49M5.66M5.6M
FirstMerit Pretax Income
Provision for Income Taxes26.17M23.64M24.39M
Investment Gains Losses---
Other Income---
Income Before Extraordinaries & Disc Operations58.31M54.14M55.76M
Extraordinary Items & Discontinued Operations---
FirstMerit Profit/ Loss (Net Income)
Average Shares used to compute Diluted EPS166.81M166.24M166.22M
Average Shares used to compute Basic EPS166.19M165.75M165.76M
Income Before Nonrecurring Items62.6M57.64M55.76M
Income from Nonrecurring Items-4.29M-3.5M-
FirstMerit Earnings Per Share Basic Net
FirstMerit Earnings Per Share Diluted Net
EPS Diluted Before Nonrecurring Items0.360.340.33
Preferred Dividends Acc Pd---
Dividends Common---
Dividend Per Share Common0.170.170.17
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:

  • Revenue: This is the inflow that is generated from the sale of goods or services and is $266.46M for this quarter of 2016 Q2. Our FirstMerit revenue chart gives a clear visual representation of how the topline or sales growth has been. Investors often invest only in those companies where the revenue is growing at a steady rate.
  • 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 healthy bottom line growth.

The income statement is also called statement of revenue and expense. The FMER financials along with FirstMerit historical stock prices provide a lot of details about the firm.