Firstmerit Corp (FMER) Misses Q2 EPS by 4c
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FirstMerit Reports Second Quarter 2015 EPS of $0.33 Per Share
July 28, 2015 7:30 AM EDTAKRON, Ohio, July 28, 2015 /PRNewswire/ --
Quarterly Highlights include:
Profitability Sustained: 65th consecutive quarter of profitability. Loan growth continued: Total loan growth of $214.2 million, or 1.38% from the prior quarter. Credit quality remained solid: Net charge-offs to average originated loans of 0.20%. Balance sheet remained strong: Strong tangible common equity ratio1 at 8.09%.FirstMerit Corporation (Nasdaq: FMER) (the "Corporation") reported second quarter 2015 net income of $56.6 million, or $0.33 per diluted share. This compares with $57.1... More
