 |
|
 |
 |

Home > Company Index > Banking > Banking - Midwest > FirstMerit Corporation
 |
FirstMerit Corporation |
 |
 |
 |
PROFILE |
 |
FirstMerit is the parent of FirstMerit Bank, which operates some 170 offices in more than 20 northeastern Ohio counties and one Pennsylvania county. Banking services include demand, savings, and time deposits; credit cards; and safe-deposit boxes. Real estate mortgages account for about half of the bank's loan portfolio, while consumer and commercial loans each account for roughly 20% of the portfolio. FirstMerit sells most of its mortgage loans onto the secondary market but retains servicing. Other lines of business include leasing and lease financing, insurance sales, and brokerage. The acquisitive FirstMerit continues to expand its market.
COMPETITION |
 |
BANK ONE CORPORATION (ONE)
KeyCorp (KEY)
National City Corporation (NCC)
|
 |
STOCK ANALYSIS |
 |
FURTHER ANALYSIS
Advanced Charting
Deals
FINANCIAL OVERVIEW |
 |
Fiscal Year-End: December
2000 Sales (mil.): 955.40
1-Yr. Sales Growth: 13.8%
Employees: 2,668
Revenue per employee: $358,095.95
KEY PEOPLE |
 |
John R. Cochran
CEO
Terrence E. Bichsel
CFO
CONTACT INFO |
 |
3 Cascade Plaza, 7th Fl.
Akron, OH 44308
US
Phone: 330-996-6300
Fax: 330-384-7133
Online: Web Site
|
 |
 |
 |
|
Hoover's Company Capsule
Copyright © 2001, Hoover's Inc. Austin, Texas.
For changes and updates, contact Hoover's directly.
|

|
 |
 |
|
 |