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. In simple terms, the cash flow statement measures the cash that has come into the company, and the cash that has gone out during a given period, while the other statements, the income statement and balance sheet, give details about Firstbank profits and Firstbank debt. Firstbank saw a cash impact of $-16.14M from the buyback of FBMI shares. The cash flow statement helps in the Firstbank stock analysis by providing more information for evaluating changes in assets, liabilities and equities. Firstbank saw a outflow of $-25.7M from investing activities for 2013.

View details of Firstbank cash flows for latest & last 10 financial years
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Quarterly
Annual
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Fiscal year is Jan - Dec201320122011201020092008
Net Income Cash Flow
12.23M10.53M5.62M3.76M2.69M-
Depreciation Depletion Amortization Cash-Flow6.31M6.49M6.54M5.23M4.5M4.3M
Net Increase (Decrease) in Assets Liabilities5.76M-1.54M4.52M9.31M-2.64M
Cash From (used in) Discontinued Operations------
Other Adjustments Net1.36M7.71M12.19M13.95M13.53M10.41M
Net Cash from (used by) Operating Activities
25.68M23.19M28.88M32.26M20.83M18.08M
Increase (Decrease) in Prop Plant And Equipment-1.66M-1.18M-1.71M-2.27M-1.17M-2.55M
Acquisition Disposition of Subsidiaires------
Increase (Decrease) in Investments3.2M-12.96M-79.22M-108.32M-46.67M-14.45M
Other Cash Inflow (Outflow) from Investment Activities-27.24M14.5M34.86M69.34M14.7M-46.81M
Net Cash from (used by) Investment Activities
-25.7M--46.07M-41.24M-33.14M-63.82M
Issuance (Purchase) of Equity Shares-16.14M-16.1M--33.9M1.76M
Issuance (Repayment) of Debt Securities-2.7M3.03M-21.2M-59.6M-62.01M23.23M
Increase (Decrease) in Bank & Other Borrowings4.85M-3.99M5.45M1.91M-13.5M10.12M
Payment of Dividends & Other Cash Distributions-2.32M-3.56M-1.96M-2.27M-4.57M-6.72M
Other Cash from (used by) Financing Activities-8.6M20.85M36.75M34.72M102.14M35.52M
Net Cash from (used by) Financing Activities
-24.92M-19.47M-24.84M55.96M63.92M
Effect of Exchange Rate Changes on Cash------
Net Change in Cash & Cash Equivalents
-24.94M23.78M2.27M-33.82M43.65M18.18M
Cash & Equivalents at Beginning of Year99.6M75.81M73.53M107.36M63.71M45.52M
Cash & Equivalents at Year End74.65M99.6M75.81M73.53M107.36M63.71M
All figures in USD. M: Millions of USD, B: Billions of USD.
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The statement of cash flows comprises of cash flow from financing, cash flow from operations and cash flow from investing activities. All the three can have an impact on the stock price. The Firstbank stock price history and Firstbank stock comparison chart inevitably reflect its cash flow situation.

  • 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 a positive at $25.68M for Firstbank in the latest 2013. 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 Flow from investment activities: Firstbank used $-25.7M 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.

Annual Cash Flow Statements For Firstbank Corporation Peers

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