Firstbank Cash Flow - Annual (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 Firstbank income statement and Firstbank balance sheet show that the company has profits and debt, while the cash flow statement provides details of cash flow movments. The cash flow statement is essetial while conducting the Firstbank cash flow analysis and can be used to measure the operating performance of Firstbank compared to various industry peers like LNBB stock and CFCB stock. Firstbank had an inflow of $25.68M from operating activities, $-24.92M spend due to financing activities, and $-25.7M outflow due to 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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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.
  • Cash Flow from operating activities: Firstbank reported a positive operating cash flow of $25.68M for 2013 and has seen an increase from the previous year. Operating cash flow comes from main business activities. Investors look for positive cash flow from recurring operating activities.
  • Cash Flow from investment activities: This includes buying/selling of land and equipment, acquisitions and mergers, sell-off, investment in other companies like buying bonds, stocks etc., and was $-25.7M for FBMI in last 2013 report.
  • Cash Flow from financing activities: Financing activities include the cash that comes into a company in the form of loans or interest earned or shareholders money, as well as the cash that goes out. Firstbank spent $-24.92M from financing activities, in the form of repayment of loans or interest paid, dividend pay-out to shareholders etc.

Annual Cash Flow Statements For Firstbank Corporation Peers

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