Firstbank Cash Flow - Annual (NASDAQ:FBMI)

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$21.59 $0.53 (2.52%) FBMI stock closing price May 30, 2014 (Closing)

The Firstbank cash flow statement helps investors understand how well the company is managing its cash flows. Financials statements like the income statement and balance sheet show that the company has Firstbank profits and Firstbank debt, while the cash flow statement provides details of cash flow movments. This statement can tell if a company is running out of money while still being profitable and is useful in Firstbank stock analysis. Firstbank had a positive net income cash flow of $12.23M for the latest year. This report is very useful in measuring the short term viability of a company. The cash from operating activities for Firstbank is $25.68MĀ for 2013, which saw an increase of 10.74% from previous year. View details of Firstbank cash flows for latest & last ten financial years.

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Annual
Quarterly
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Fiscal year is Jan - Dec. 2013 2012 2011 2010 2009 2008 2007 2006
Firstbank Net Income Cash Flow
12.23M10.53M5.62M3.76M2.69M0.71M8.38M10.2M
Depreciation Depletion Amortization Cash-Flow6.31M6.49M6.54M5.23M4.5M4.3M4.09M3.2M
Net Increase (Decrease) in Assets Liabilities5.76M-1.54M4.52M9.31M0.09M2.64M4.06M3.87M
Cash From (used in) Discontinued Operations--------
Other Adjustments Net1.36M7.71M12.19M13.95M13.53M10.41M2.44M0.37M
Firstbank Net Cash from (used by) Operating Activities
25.68M23.19M28.88M32.26M20.83M18.08M18.98M17.65M
Increase (Decrease) in Prop Plant And Equipment-1.66M-1.18M-1.71M-2.27M-1.17M-2.55M-2.99M-3.29M
Acquisition Disposition of Subsidiaires--------
Increase (Decrease) in Investments3.2M-12.96M-79.22M-108.32M-46.67M-14.45M-46.12M-32.42M
Other Cash Inflow (Outflow) from Investment Activities-27.24M14.5M34.86M69.34M14.7M-46.81M-15.17M-
Firstbank Net Cash from (used by) Invesment Activities
-25.7M0.35M-46.07M-41.24M-33.14M-63.82M-64.29M-35.71M
Issuance (Purchase) of Equity Shares-16.14M-16.1M0.42M0.39M33.9M1.76M0.8M-2.78M
Issuance (Repayment) of Debt Securities-2.7M3.03M-21.2M-59.6M-62.01M23.23M51.8M21.87M
Increase (Decrease) in Bank & Other Borrowings4.85M-3.99M5.45M1.91M-13.5M10.12M-16.42M-16.14M
Payment of Dividends & Other Cash Distributions-2.32M-3.56M-1.96M-2.27M-4.57M-6.72M-6.24M-5.58M
Other Cash from (used by) Financing Activities
Firstbank Net Cash from (used by) Financing Activities
-24.92M0.23M19.47M-24.84M55.96M63.92M33.9M21.66M
Effect of Exchange Rate Changes on Cash--------
Firstbank Net Change in Cash & Cash Equivalents
-24.94M23.78M2.27M-33.82M43.65M18.18M-11.4M3.6M
Cash & Equivalents at Beginning of Year99.6M75.81M73.53M107.36M63.71M45.52M56.93M53.33M
Cash & Equivalents at Year End74.65M99.6M75.81M73.53M107.36M63.71M45.52M56.93M
All figures in USD. M: Millions of USD, B: Billions of USD.
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Firstbank stock comparison chart provides an easy way to compare the stock price with peers along with details of Firstbank stock price history.
The statement of cash flows can be categorized into three main sections:
  • Firstbank had a Net Change in Cash and Cash Equivalents of $-24.94M for the latest year 2013. If a firm is able to grow its cash, it is considered to be a positive signal and could lead to a jump in the Firstbank stock price , albeit too much cash on hand can imply the company has no or limited avenues for growth in which to invest this cash.
  • Firstbank increased its cash from operating activities to $2.49M in 2013. Operating activities include production of goods or creating a product or providing a service, and collecting payment for the same from customers. The cash generated from these activities is refered to as cash flow from operating activities.
  • Cash Flow from investment activities: Firstbank used $26.05M cash due to investment activities. It includes the use of cash outside of normal day to day activities like buying fixed assets, plant and machinery etc.
  • Cash flow from financing activities shows the flow of cash between Firstbank and its owners and creditors and was $-24.92M for 2013. Financing activities allow a company to raise capital, and repay bondholders.
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