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 cash flow statement is one of the reports a publicly traded company like Firstbank needs to disclose. This report provides details about cash inflows and outflows due to the company's business and investment activities, and summarize cash outflows for a given quarter. For Firstbank profits one has to check the income statement and for Firstbank debt one has to check the balance sheet. 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. FBMI decrease in investments stood at a negative value of $-25.7M for the latest 2013. 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.
  • The cash generated from the core business or operations was positive at $25.68M for Firstbank in the latest year. For an internet company, this would include all those activities which are involved in eventually selling advertisement space on its website or any online service.
  • Cash from investing stood at a negative value of $-25.7M for FBMI stock. A company with surplus cash usually thinks of re-investing it in the form of buying fixed assests, or purchasing plant/ machinery which will help grow the business further. By looking at cash flow from investment activities one can check where the company is putting its cash.
  • Inflow of cash in the form of bank loans and shareholders equity, and outflow of cash because of dividend payments, share repurchase payments etc. come under financing activities. The cash generated from these activities was $-24.92M for Firstbank.
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