Comments for FMER - Stockpickr! Your Source for Stock Ideas

Comments for FMER

Added By	Comments	Type	Date Added
barrons3	This Akron, Ohio, bank, the state’s fourth largest, holds $11.1 billion in deposits across 160 branches. Aside of the previously mentioned facts and figures, why does Cramer like it so much? Sure, there’s great management and a dividend that pays you to wait for the economy’s turn, but it’s FirstMerit’s weak competition that makes the stock so enticing. PNC Financial, KeyCorp, Huntington Bancshares and Fifth Third all have problems for one reason or another. That puts FMER in perfect position to snatch up market share.	Love	October 29, 2009
mountaineerfan36	Headquarters in my hometown and I know several people that work there	Love	July 23, 2009
Stockpickr Staff	"This is one that will end up buying other banks. I want you to stick with it and buy more. This is the most solid bank in Ohio." <a href="http://www.thestreet.com/story/10512079/1/mad-money-lightning-round-tupperware-surprises.html" target="_blank">"Mad Money Lightning Round," 6-10-09</a>	Love	June 11, 2009
barrons3	Cramer said with low interest rates and a new homebuyer tax credit, strong regional banks like FirstMerit (FMER) is a great stock.	Love	June 04, 2009
michelegoyette	growth stock	Love	May 14, 2009
robert wantlin	div	Love	May 04, 2009
Stockpickr Staff	"Stop stressing about the stress tests," said Cramer. The real action, he said, is in the ultra solvent regional names like First Niagara and First Merit (FMER) in Ohio, who Cramer previously recommended. (<a href="http://www.thestreet.com/story/10491725/1/cramers-mad-money-recap-bears-have-no-place-to-hide.html" target="_blank">"Mad Money Recap," 4-24-09</a>)	Love	April 27, 2009
h8tow8	Strongest regional bank	Love	April 24, 2009
Stockpickr Staff	Investors looking for another local company that fits the bill should consider FirstMerit (FMER), a bank Cramer's highlighted before and perhaps one of the only banks poised to profit from the failure of others. (<a href="http://www.thestreet.com/story/10490651/1/cramers-mad-money-recap-a-telling-sign-of-a-healthy-market.html" target="_blank">"Mad Money Recap," 4-22-09</a>)	Love	April 23, 2009
mkb251930	own	Love	December 29, 2008
barrons2	Neutral - Price 19.57 on July 23 by Hilliard Lyons Akron, Ohio-based FirstMerit, a bank holding company, reported 2Q08 EPS of 36 cents, in line with [our] expectations. 2Q net-interest income improved 3.9%, on a 2.3% rise in average earning assets. ...Noninterest expense declined 1%...EPS for calendar year 2007, $1.53; estimate for CY08, $1.53; estimate for CY09, $1.60. Regional banks are trading at an average price/earnings ratio of 10.3 times 2009 estimated consensus earnings. FMER is trading at a premium of 12.2 times [our] '09 estimate...[it may] deserve to trade at a premium -- but it already does, so we view these shares as fairly valued. Market cap: $1.6 billion.	Love	July 26, 2008
douglas hughes	takeover target safe	Love	January 22, 2008
douglas hughes	takeover target safe	Love	January 22, 2008
douglas hughes	takeover target safe	Love	January 22, 2008
douglas hughes	takeover target safe	Love	January 22, 2008
High Dividends	12.5	Love	October 15, 2007
owhaleo	depressed stock, and good dividends	Love	September 06, 2007
supratrade	BUY	Love	August 31, 2007
Omid Malekan	Yield: 4.8% State: OH	Love	December 18, 2006