Firstbank Cash Flow - Quarterly (NASDAQ:FBMI)

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

For analyzing any company like Firstbank from an investment perspective, its important to check the cash flow statement. 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 $2.35M for the latest quarter. This report is very useful in measuring the short term viability of a company. Firstbank had an outflow of $23.03M from operating activities, $41.55M inflow due to financing activities, and $26.5M gain due to investing activities for 2014-Q1. View details of Firstbank cash flows for latest & last 40 quarters.

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Fiscal year is Jan - Dec. 2014-Q1 2013-Q4
Firstbank Net Income Cash Flow
Depreciation Depletion Amortization Cash-Flow1.27M6.31M
Net Increase (Decrease) in Assets Liabilities-1.06M5.76M
Cash From (used in) Discontinued Operations--
Other Adjustments Net0.09M1.36M
Firstbank Net Cash from (used by) Operating Activities
Increase (Decrease) in Prop Plant And Equipment-0.47M-1.66M
Acquisition Disposition of Subsidiaires--
Increase (Decrease) in Investments-16.1M3.2M
Other Cash Inflow (Outflow) from Investment Activities17.38M-27.24M
Firstbank Net Cash from (used by) Invesment Activities
Issuance (Purchase) of Equity Shares0.06M-16.14M
Issuance (Repayment) of Debt Securities-7.79M-2.7M
Increase (Decrease) in Bank & Other Borrowings8.1M4.85M
Payment of Dividends & Other Cash Distributions-0.48M-2.32M
Other Cash from (used by) Financing Activities16.74M-8.6M
Firstbank Net Cash from (used by) Financing Activities
Effect of Exchange Rate Changes on Cash--
Firstbank Net Change in Cash & Cash Equivalents
Cash & Equivalents at Beginning of Year53.33M25.77M
Cash & Equivalents at Year End94.75M74.65M
All figures in USD. M: Millions of USD, B: Billions of USD.

While Firstbank stock price history provides the price history of a stock, Firstbank stock comparison chart shows the same in comparison to peers, and cash flow statements provide cash position of the company. Common terms used in the statement of cash flows are:
  • Net Change in Cash and Cash Equivalents: Firstbank cash reduced QoQ to $2.35M, meaning the company is unable to meet its expenditure and grow cash which will also eventually reflect in the Firstbank stock price movement.
  • Cash Flow from operating activities: This is the cash that the company receives from ongoing operations. Firstbank lost $23.03M cash from operations. It is important to check this to see where the company is getting its money from.
  • Growth companies (typically most tech companies) spend heavily  on investing activities and this figure was positive at $0.8M for FBMI stock. Sometimes a company might have a negative overall cash flow which may not be really bad if it is due to investment expenses. Hence it is important to check the cash flow from investment activities.
  • Cash flow from financing activities shows the flow of cash between Firstbank and its owners and creditors and was $16.63M for 2014-Q1. Financing activities allow a company to raise capital, and repay bondholders.