Firstbank Corporation (FBMI) news stock charts
Firstbank Corporation (FBMI) Investment Summary:
Firstbank Corporation (the “Corporation”) is a financial holding company. We own all of the outstanding stock of Firstbank – Alma, Firstbank (Mt. Pleasant), Firstbank – West Branch, Firstbank – Lakeview, Firstbank – St. Johns, Keystone Community Bank, Firstbank – West Michigan, and FBMI Risk Management Services, Inc. (a captive insurance company). Our business is concentrated in a single industry segment – commercial banking. Each subsidiary bank is a full-service community bank. Our subsidiary banks offer all customary banking services, including the acceptance of checking, savings, and time deposits and the making of commercial, mortgage (principally single family), home improvement, automobile, and other consumer loans. Trust services are offered to customers through Citizens Bank Wealth Management in the Firstbank – Alma main office. ... More..."http://secfilings.nasdaq.com/edgar_conv_html%2f2008%2f02%2f29%2f0000926044-08-000177.html#FIS_BUSINESS"www.firstbankmi.com
Founded in 1894
FIRSTBANK CORP/ALMA MICH (FBMI:NASDAQ)
LAST $6.25 USD
CHANGE TODAY -0.065 -1.03%
VOLUME 4.6K
As of 8:10 PM 03/19/10 All times are local (Market data is delayed by at least 15 minutes).
Snapshot of FIRSTBANK CORP/ALMA MICH (FBMI)
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OPEN
$6.20
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PREVIOUS CLOSE
$6.32
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DAY HIGH
$6.31
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DAY LOW
$6.03
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52 WEEK HIGH
11/23/09 - $9.66
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52 WEEK LOW
03/26/09 - $4.98
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MARKET CAP
48.4M
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AVERAGE VOLUME 10 D
5.8K
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EPS TTM
$0.20
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SHARES OUTSTANDING
7.7M
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EX-DATE
02/17/10
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P/E TTM
31.3x
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DIVIDEND
$0.20
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DIVIDEND YIELD
5.60%
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| K = Thousands M = Millions B = Billions | ||
Key developments for FIRSTBANK CORP/ALMA MICH (FBMI)
Firstbank Corporation, Annual General Meeting, Apr 26, 2010
03/18/2010
Firstbank Corporation, Annual General Meeting, Apr 26, 2010, at 16:30 US Eastern Time. Location: Heritage Center, campus of Alma College, West Superior Street, Alma, MI 48801, United States. Agenda: To consider the election of two directors to hold office for three year terms; to consider the advisory non-binding approval of company's executive compensation program; to ratify the appointment by company's audit committee of Plante & Moran, PLLC as independent auditors for the fiscal year ending December 31, 2010; and to consider any other business that may properly come before the meeting or any adjournment of the meeting.
Firstbank Corporation Presents at ABA Risk Management Forum in 2010, Apr-28-2010
02/6/2010
Firstbank Corporation Presents at ABA Risk Management Forum in 2010, Apr-28-2010. Venue: Renaissance Vinoy, St. Petersburg, Florida, United States. Speakers: Landy Dutton, Operational Risk Manager.
Firstbank Corporation Declares Cash Dividend on Common Stock, Payable on March 11, 20010
01/28/2010
Firstbank Corporation announced that a $0.05 per share cash dividend will be paid March 11, 2010, to common stock shareholders of record as of February 19, 2010. The $0.05 per share cash dividend compares to $0.10 paid in the prior quarter.
Firstbank Corporation financial resources
FBMI Competitors
| Company | Last | Change |
| Capitol Bancorp Ltd | $2.88 USD | +0.33 |
| Fentura Financial Inc | $1.65 USD | 0.00 |
| HF Financial Corp | $9.96 USD | -0.06 |
| MBT Financial Corp | $1.53 USD | +0.044 |
| Mercantile Bank Corp | $4.01 USD | +0.08 |
| Market data is delayed at least 15 minutes. | ||
Industry Analysis
| Valuation | FBMI | Industry Range |
| Price/Earnings | 41.7x |
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| Price/Sales | 1.0x |
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| Price/Book | 0.4x |
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| Price/Cash Flow | 18.0x |
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| TEV/Sales | NM | Not Meaningful |
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FBMI |
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FBMI transactions
| Type Date |
Target | |
| No transactions in the last 6 months. | ||
More Recent Financial News About Firstbank Corporation
FIRSTBANK CORP Files SEC form 10-K, Annual Report
2010-03-15 04:55:40
Quote: FIRSTBANK CORPRequest a Trial to NEW EDGAR Online Pro
Form
10-K for
FIRSTBANK CORP
12-Mar-2010Annual Report
Privacy PolicyTerms of ServiceSEC
Filing data and information provided by EDGAR Online,
Inc.
(1-800-416-6651). All information provided "as is"
for informational purposes
only, not intended for trading purposes or advice.
Neither Yahoo! nor any of
independent providers is liable for any informational
errors, incompleteness,
or delays, or for any actions taken in reliance on
information con...Read article
Firstbank Corporation Announces Fourth Quarter and Full Year 2009 Results
2010-02-25 04:59:33
Quote: Management believes that Firstbank's experience with loan charge-offs continues to be favorable compared to results of many others in Michigan and other areas of the country.Expense for FDIC deposit insurance was $456,000 in the fourth quarter of 2009, 153% over the $180,000 amount in the fourth quarter of 2008. For the full year 2009, FDIC deposit insurance expense increased $1.9 million to $2,430,000, over four times the year-ago level of $562,000. The FDIC assessed a special charge in the sec...Read article
Firstbank Corporation Announces Cash Dividend on Common Stock
2010-02-25 04:59:32
Quote: Given the continued weak economic conditions, the board concluded that it would be most prudent to reduce the cash dividend in order to preserve and enhance Firstbank's balance sheet strength in this uncertain environment. This was a very difficult decision, and we want to reassure our shareholders that we remain committed to positioning the company for improved earnings and performance."Firstbank Corporation, headquartered in Alma, Michigan, is a bank holding company using a multi-bank-charter ...Read article
Firstbank Corporation Announces Third Quarter and Year-to-Date 2009 Results
2010-02-15 08:30:37
Quote: Firstbank's experience with loan charge-offs continues to be favorable compared to results in Michigan and other areas of the country.
Expense for FDIC deposit insurance was $448,000 in the third quarter of 2009, 170% over the $166,000 amount in the third quarter of 2008. Year-to-date in 2009, FDIC deposit insurance expense was $1,974,000, over five times the year-ago level of $382,000. The FDIC assessed a special charge in the second quarter to all banks to help with the costs of resolving ban...Read article
Firstbank Corporation Announces Fourth Quarter and Full Year 2009 Results
2010-02-15 08:30:35
Quote: Management believes that Firstbank’s experience with loan charge-offs continues to be favorable compared to results of many others in Michigan and other areas of the country.Expense for FDIC deposit insurance was $456,000 in the fourth quarter of 2009, 153% over the $180,000 amount in the fourth quarter of 2008. For the full year 2009, FDIC deposit insurance expense increased $1.9 million to $2,430,000, over four times the year-ago level of $562,000. The FDIC assessed a special charge in ...Read article
Firstbank Corporation Announces Cash Dividend on Common Stock
2010-02-15 08:30:35
Quote: Given the continued weak economic conditions, the board concluded that it would be most prudent to reduce the cash dividend in order to preserve and enhance Firstbank’s balance sheet strength in this uncertain environment. This was a very difficult decision, and we want to reassure our shareholders that we remain committed to positioning the company for improved earnings and performance.â€Firstbank Corporation, headquartered in Alma, Michigan, is a bank holding company using a multi-...Read article
Firstbank Corporation Announces Fourth Quarter and Full Year 2009 Results
2010-01-29 03:43:28
Quote: Management believes that Firstbank’s experience with loan charge-offs continues to be favorable compared to results of many others in Michigan and other areas of the country.Expense for FDIC deposit insurance was $456,000 in the fourth quarter of 2009, 153% over the $180,000 amount in the fourth quarter of 2008. For the full year 2009, FDIC deposit insurance expense increased $1.9 million to $2,430,000, over four times the year-ago level of $562,000. The FDIC assessed a special charge in ...Read article
Firstbank Corporation Announces Cash Dividend on Common Stock
2010-01-29 03:43:27
Quote: Given the continued weak economic conditions, the board concluded that it would be most prudent to reduce the cash dividend in order to preserve and enhance Firstbank’s balance sheet strength in this uncertain environment. This was a very difficult decision, and we want to reassure our shareholders that we remain committed to positioning the company for improved earnings and performance.â€Firstbank Corporation, headquartered in Alma, Michigan, is a bank holding company using a multi-...Read article
FIRSTBANK CORP Files SEC form 8-K, Change in Directors or Principal Officers
2010-01-08 03:03:31
Quote: FIRSTBANK CORPRequest a Trial to NEW EDGAR Online Pro
Form
8-K for
FIRSTBANK CORP
7-Jan-2010Change in Directors or Principal OfficersPrivacy PolicyAbout Our AdsTerms of ServiceCopyright/IP PolicySend FeedbackSEC
Filing data and information provided by EDGAR Online,
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(1-800-416-6651). All information provided "as is"
for informational purposes
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Neither Yahoo! nor any of
independent providers is liable for any informational
errors, incompletene...Read article
Firstbank Corporation Announces Cash Dividend on Common Stock
2010-01-01 03:06:53
Quote: FBMINews), announced today that a $0.10 per share cash dividend will be paid December 17, 2009, to common stock shareholders of record as of November 27, 2009.
The $0.10 per share cash dividend remains unchanged from the prior quarter.
Firstbank Corporation, headquartered in Alma, Michigan, is a financial services company using a multi-bank-charter format with assets of $1.4 billion and 51 banking offices serving Michigan's Lower Peninsula. Bank subsidiaries include: Firstbank - Alma; Firstban...Read article
FIRSTBANK CORP Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhibits
2009-11-28 00:53:05
Quote: FIRSTBANK CORPRequest a Trial to NEW EDGAR Online Pro
Form
8-K for
FIRSTBANK CORP
28-Jul-2009Results of Operations and Financial Condition, Financial Statements and Exhibits
Privacy PolicyTerms of ServiceCopyright/IP PolicySend FeedbackSEC
Filing data and information provided by EDGAR Online,
Inc.
(1-800-416-6651). All information provided "as is"
for informational purposes
only, not intended for trading purposes or advice.
Neither Yahoo! nor any of
independent providers is liable for any inform...Read article
FIRSTBANK CORP Files SEC form 8-K, Other Events, Financial Statements and Exhibits
2009-11-28 00:53:03
Quote: FIRSTBANK CORPRequest a Trial to NEW EDGAR Online Pro
Form
8-K for
FIRSTBANK CORP
30-Jul-2009Other Events, Financial Statements and Exhibits
Privacy PolicyTerms of ServiceCopyright/IP PolicySend FeedbackSEC
Filing data and information provided by EDGAR Online,
Inc.
(1-800-416-6651). All information provided "as is"
for informational purposes
only, not intended for trading purposes or advice.
Neither Yahoo! nor any of
independent providers is liable for any informational
errors, incompleteness,
o...Read article
Firstbank Corporation Announces Third Quarter and Year-to-Date 2009 Results
2009-11-28 00:53:02
Quote: Firstbank's experience with loan charge-offs continues to be favorable compared to results in Michigan and other areas of the country.
Expense for FDIC deposit insurance was $448,000 in the third quarter of 2009, 170% over the $166,000 amount in the third quarter of 2008. Year-to-date in 2009, FDIC deposit insurance expense was $1,974,000, over five times the year-ago level of $382,000. The FDIC assessed a special charge in the second quarter to all banks to help with the costs of resolving ban...Read article
FIRSTBANK CORP Files SEC form 10-Q, Quarterly Report
2009-11-28 00:53:02
Quote: Management's Discussion and Analysis of Financial Condition and Results
of Operations.
The consolidated financial information presented is for Firstbank Corporation
("Corporation") and its wholly owned subsidiaries; Firstbank - Alma, Firstbank
(Mt. Pleasant), Firstbank - West Branch (including its wholly owned
subsidiaries: 1st Armored, Inc., 1st Title, Inc. and its majority holding in 1ST
Investors Title, LLC), Firstbank - St. Johns, Keystone Community Bank, Firstbank
- West Michi...Read article
FIRSTBANK CORP Files SEC form 10-Q, Quarterly Report
2009-11-28 00:53:01
Quote: Management's Discussion and Analysis of Financial Condition and Results
of Operations.
The consolidated financial information presented is for Firstbank Corporation
("Corporation") and its wholly owned subsidiaries; Firstbank - Alma, Firstbank
(Mt. Pleasant), Firstbank - West Branch (including its wholly owned
subsidiaries: 1st Armored, Inc., 1st Title, Inc. and its majority holding in 1ST
Investors Title, LLC), Firstbank - St. Johns, Keystone Community Bank, Firstbank
- West Michi...Read article
FIRSTBANK CORP Files SEC form 8-K, Other Events, Financial Statements and Exhibits
2009-11-28 00:53:01
Quote: FIRSTBANK CORPRequest a Trial to NEW EDGAR Online Pro
Form
8-K for
FIRSTBANK CORP
27-Oct-2009Other Events, Financial Statements and Exhibits
Privacy PolicyTerms of ServiceCopyright/IP PolicySend FeedbackSEC
Filing data and information provided by EDGAR Online,
Inc.
(1-800-416-6651). All information provided "as is"
for informational purposes
only, not intended for trading purposes or advice.
Neither Yahoo! nor any of
independent providers is liable for any informational
errors, incompleteness,
o...Read article
FIRSTBANK CORP Files SEC form 8-K, Change in Directors or Principal Officers
2009-11-28 00:53:00
Quote: Item 5.02Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On November 23, 2009, the Board of Directors of Firstbank Corporation voted to
terminate the Firstbank Corporation Affiliated Deferred Compensation Plan (the
"Plan"). The Plan has not accepted any contributions since December 31, 2004.
The Plan is being terminated by the board of directors according to the
provisions contained i...Read article
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