FirstMerit Revenue, Profits - FMER Quarterly Income Statement

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

Fundamental analysis of FMER stock involves analyzing its financial statements, apart from checking 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 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 -0.6%. One also needs to look at FirstMerit assets, operating expenses and FirstMerit free cash flow. The FirstMerit profit and loss statement shows revenue of $266.46M for 2016 Q2. Revenue has decreased by -0.6% QoQ for FMER stock.

View and download details of revenue and profits for FirstMerit for latest & last 40 quarters.
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Fiscal year is Jan - Dec2016 Q22016 Q1
FirstMerit Revenues or Net Sales
266.46M268.08M
Cost Of Goods Sold (COGS)9.77M9.87M
FirstMerit Gross Profit
256.68M258.21M
Research & Development Expense--
Selling General & Admin Expense164.4M172.46M
Income Before Depreciation Depletion Amortization92.27M85.74M
Depreciation Depletion Amortization2.3M2.3M
Non Operating Income--
Interest Expense5.49M5.66M
FirstMerit Pretax Income
84.48M77.77M
Provision for Income Taxes26.17M23.64M
MinorityInterest--
Investment Gains Losses--
Other Income--
Income Before Extraordinaries & Disc Operations58.31M54.14M
Extraordinary Items & Discontinued Operations--
FirstMerit Profit/ Loss (Net Income)
58.31M54.14M
Average Shares used to compute Diluted EPS166.81M166.24M
Average Shares used to compute Basic EPS166.19M165.75M
Income Before Nonrecurring Items62.6M57.64M
Income from Nonrecurring Items-4.29M-3.5M
FirstMerit Earnings Per Share Basic Net
0.340.32
FirstMerit Earnings Per Share Diluted Net
0.340.31
EPS Diluted Before Nonrecurring Items0.360.34
Preferred Dividends Acc Pd--
Dividends Common--
Dividend Per Share Common0.170.17
All figures in USD. M: Millions of USD, B: Billions of USD.

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 or sales growth has been. Investors often invest only in 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 statement of revenue and expense. The FMER financials along with FirstMerit historical stock prices provide a lot of details about the firm.