FirstMerit, Huntington Announce Buyer in Pending Divestiture of 13 FirstMerit Canton, Ashtabula-Area Branches
Marketwired - Wed Jul 27, 6:00AM CDT
CANTON, OH and ASHTABULA, OH--(Marketwired - July 27, 2016) - Huntington Bancshares Incorporated (NASDAQ: HBAN) (www.huntington.com) and FirstMerit Corporation (NASDAQ: FMER) (www.firstmerit.com) today announced that, in connection with their proposed merger, FirstMerit Bank, N.A. will sell 13 branches within Stark and Ashtabula counties, with approximately $735 million in total deposits and $115 million in total loans as of May 31, 2016, to First Commonwealth Bank, the banking subsidiary of First Commonwealth Financial Corporation. The sale is in connection with an agreement reached with the U.S. Department of Justice in order to resolve its competitive concerns about Huntington's proposed acquisition of FirstMerit.
FMER: 21.05 (-0.18), HBAN: 9.38 (-0.12), FCF: 9.61 (-0.04)
First Commonwealth Building Its Ohio Business With Acquisition of 13 Branches
Marketwired - Wed Jul 27, 6:00AM CDT
First Commonwealth Expands Northeast Ohio Presence
FMER: 21.05 (-0.18), FCF: 9.61 (-0.04)
FirstMerit Reports Second Quarter 2016 EPS of $0.34 Per Share
PR Newswire - Tue Jul 26, 6:30AM CDT
Quarterly Highlights include:
FMER: 21.05 (-0.18)
FirstMerit (FMER) Is in Oversold Territory: What's Next?
Zacks Equity Research - Zacks Investment Research - Thu Jun 23, 8:10AM CDT
FirstMerit Corporation (FMER) has been on a bit of a cold streak lately, but there might be light at the end of the tunnel for this overlooked stock
FMER: 21.05 (-0.18)
Comerica Margins Under Pressure, Energy Sector a Drag
Zacks Equity Research - Zacks Investment Research - Wed Jun 22, 6:39AM CDT
On Jun 21, we issued an updated research report on Comerica Incorporated (CMA). Shares of this Texas-based bank recorded a negative one-year return of around 16.6%.
FMER: 21.05 (-0.18), EFSC: 28.78 (+0.02), HTLF: 36.37 (-0.35), CMA: 44.63 (-0.61)
BB&T's Acquisitions Fuel Growth, Soaring Costs a Concern
Zacks Equity Research - Zacks Investment Research - Mon Jun 20, 1:43PM CDT
BB&T's inorganic growth strategy and impressive capital position fuels growth but higher costs remain a concern.
FMER: 21.05 (-0.18), BBT: 36.67 (-0.20), HTLF: 36.37 (-0.35), WTFC: 52.54 (-0.26)
FirstMerit Bank Launches Mobile Financial Learning Center
PR Newswire - Thu Jun 16, 2:31PM CDT
To help spread financial awareness, FirstMerit Bank is sending its Mobile Financial Learning Center on the road across the Midwest throughout the summer. The 40-foot bus has been retrofitted into a mobile learning center designed to travel to targeted communities to reach low- to moderate-income individuals and provide tools, information and empowerment for taking control of their financial future.
FMER: 21.05 (-0.18)
Huntington-FirstMerit Merger Deal Gets Shareholders' Nod
Zacks Equity Research - Zacks Investment Research - Tue Jun 14, 3:55PM CDT
Shareholders of Huntington and FirstMerit approve the merger deal between the companies.
FMER: 21.05 (-0.18), HBAN: 9.38 (-0.12), BAC: 14.33 (-0.16), WTFC: 52.54 (-0.26)
Will Commerce Bancshares Growth Cushion Elevated Costs?
Zacks Equity Research - Zacks Investment Research - Thu Jun 09, 5:33PM CDT
On Jun 8, 2016, we issued an updated research report on Commerce Bancshares (CBSH).
FMER: 21.05 (-0.18), EFSC: 28.78 (+0.02), CBSH: 47.05 (-0.24), WTFC: 52.54 (-0.26)
FirstMerit Up 20.4% Since SmarTrend Uptrend Call (FMER)
Comtex SmarTrend(R) - Fri Jun 03, 1:45PM CDT
SmarTrend identified an Uptrend for FirstMerit (NASDAQ:FMER) on January 27th, 2016 at $18.52. In approximately 4 months, FirstMerit has returned 20.36% as of today's recent price of $22.29.
FMER: 21.05 (-0.18)
Huntington Wealth, Regional Banking Executive Dunlap to Retire in 2017
Marketwire Canada - Wed Jun 01, 5:00AM CDT
Thirty-Seven Year Huntington Senior Executive Jim Dunlap's Ongoing Role Will Facilitate the Company's Integration With the Merger and Conversion of FirstMerit
FMER: 21.05 (-0.18), HBAN: 9.38 (-0.12)
What These Banking Stocks Have in Their Performance Vaults? - Mitsubishi UFJ Financial, FirstMerit, Sterling Bancorp., and Great Western Bancorp
PR Newswire - Tue May 31, 7:15AM CDT
The Financial sector has seen some significant improvement since the beginning of this year, thus presenting many investors with growth opportunities. Ahead of today's trading session, ActiveWallSt.com has released trade alerts on the following Money Center Banks equities: Mitsubishi UFJ Financial Group Inc. (NYSE: MTU), FirstMerit Corp. (NASDAQ: FMER), Sterling Bancorp. (NYSE: STL), and Great Western Bancorp. Inc. (NYSE: GWB). Sign up for these stocks' alerts by clicking on the following link:
FMER: 21.05 (-0.18), MTU: 5.17 (+0.07), STL: 16.85 (-0.04), GWB: 32.74 (-0.43)
Huntington Announces $16.1B Five-Year Community Development Plan
Marketwired - Fri May 20, 6:00AM CDT
Plan to Launch Following Proposed FirstMerit Merger Will Support the People and Communities Which the Combined Company Will Serve Through Lending, Investment and Philanthropy
FMER: 21.05 (-0.18), HBAN: 9.38 (-0.12)
FirstMerit Corporation Announces Cash Dividend on Preferred Stock of $14.69 Per Share
PR Newswire - Thu May 19, 3:05PM CDT
FirstMerit Corporation (Nasdaq: FMER) today announced that its Board of Directors has declared a dividend of $14.69 per share, or $0.36725 per depository share, on the Company's 5.875% non-cumulative perpetual preferred stock, Series A, payable August 4, 2016, to shareholders of record on July 20, 2016.
FMER: 21.05 (-0.18)
FirstMerit Corporation Announces Quarterly Cash Dividend of $0.17 Per Share
PR Newswire - Thu May 19, 3:00PM CDT
FirstMerit Corporation (Nasdaq: FMER) today announced that its Board of Directors has declared a quarterly cash dividend of $0.17 per share on the Company's common stock, payable June 20, 2016, to shareholders of record on May 31, 2016.
FMER: 21.05 (-0.18)