FirstMerit Income Statement - Quarterly (NASDAQ:FMER)

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

FMER stock valuation based on fundamental analysis involves checking and analyzing financial statements and not just the FirstMerit stock price. The key financial statements of a company are the income statement, the balance sheet and the cash flow statement. The income statement for FMER which implies a QoQ revenue decline of $1.62M is specific to a period of time. Investors typically check YoY or QoQ revenue growth. 2016-Q2 revenue is $266.46M and has decreased from $268.08M quarter on quarter as is evident when you compare the latest figures in the latest FirstMerit profit and loss statement with those of the prior corresponding period. (See also: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
FirstMerit Net Sales or Revenues
266.46M268.08M265.71M271.49M265.96M265.36M278.06M277.93M
Cost Of Goods Sold (COGS)9.77M9.87M9.75M9.14M8.88M8.49M8.74M9.17M
FirstMerit Gross Profit
256.68M258.21M255.98M262.33M257.07M256.87M269.33M268.75M
Research & Development Expense--------
Selling General & Admin Expense164.4M172.46M166.64M172.41M168.04M166.3M175.41M169.4M
Income Before Depreciation Depletion Amortization92.27M85.74M89.34M89.92M89.03M90.56M93.92M99.35M
Depreciation Depletion Amortization2.3M2.3M2.62M2.59M2.59M2.59M2.94M2.93M
Non Operating Income--------
Interest Expense5.49M5.66M5.6M5.59M5.37M5.4M4.86M5.44M
FirstMerit Pretax Income
84.48M77.77M81.14M81.73M81.06M82.57M86.14M90.97M
Provision for Income Taxes26.17M23.64M24.39M22.72M24.47M25.43M25.07M27.07M
Minority Interest--------
Investment Gains Losses--------
Other Income--------
Income Before Extraordinaries & Disc Operations58.31M54.14M55.76M58.54M56.58M56.73M59.11M61.91M
Extraordinary Items & Discontinued Operations--------
FirstMerit Net Income (Profit/Loss)
58.31M54.14M55.76M58.54M56.58M56.73M59.11M61.91M
Average Shares used to compute Diluted EPS166.81M166.24M166.22M166.06M166.28M166.41M165.97M165.8M
Average Shares used to compute Basic EPS166.19M165.75M165.76M165.76M165.74M165.26M165.4M165.39M
Income Before Nonrecurring Items62.6M57.64M55.76M58.54M56.58M56.73M59.11M61.91M
Income from Nonrecurring Items-4.29M-3.5M------
FirstMerit Earnings Per Share Basic Net
0.340.320.330.340.330.330.360.37
FirstMerit Earnings Per Share Diluted Net
0.340.310.330.340.330.330.360.37
EPS Diluted Before Nonrecurring Items0.360.340.330.340.330.330.360.37
Preferred Dividends Acc Pd--------
Dividends Common--------
Dividend Per Share Common0.170.170.170.170.160.160.160.16
All figures in USD. M: Millions of USD, B: Billions of USD.
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The key things to look for in an income statement while doing FirstMerit stock analysis are:
  • 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 growth has been. Investors often invest in only those companies where the revenue is growing at a steady rate.
  • Bottom line: This refers to the last line in a profit and loss statement and denotes the net profit or loss for a particular period. The figure currently stands at $58.31M for FirstMerit for 2016-Q2. This figure is arrived at after deducting all operating expenses, interest, and taxes from revenue.
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. .