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Firstbank Corporation, through its subsidiaries, provides commercial banking products and services. The company offers checking accounts, savings accounts, and time deposits.View FBMI
Firstbank Corp Michigan - FBMI - EQUITY
Reviewed By: TheStreet Ratings on .
Report Summary: TheStreet Ratings team rates Firstbank Corp Michigan as a
Buy with a ratings score of B-.
Report Snippet: We rate FIRSTBANK CORP (FBMI) a BUY. This is driven by several positive factors, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its solid stock price performance, expanding profit margins, attractive valuation levels and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income.