FOX Translator
No data currently available.
No data currently available.
Just as your pulse is checked during a routine physical, free cash flow is used as an indicator of a company's health. It equals the cash brought in from operations minus the money needed to pay the bills. Think about leftover money in your checking account after you pay this month's bills.
Investors and analysts see this leftover money as a gauge of a company's ability to perform. It is available for transactions such as handing out dividends and working on new products.
Some argue free cash flow is wrongly overshadowed by the emphasis often placed on earnings. Earnings numbers can be manipulated and don't always tell the whole story -- and earnings don't mean much if there's nothing left over after a company pays its expenses. Even if you bring in a six-figure salary, but no money left after paying the bills, are you in great financial shape?
You don't have to be Einstein to figure out free cash flow. To calculate the number, subtract the company's expenditures and dividends from its operating cash flow.
If the free cash flow is written in red ink, it doesn't necessarily signal curtains. This is common for young companies looking to grow. It also could be a result of heavy investments, which in the long run could be worth a standing ovation.
Home / Markets / Industries / Finance
Monday, July 07, 2008
Banner Corporation Announces 2Q08 Conference Call and Webcast
Comtex
WALLA WALLA, Wash., Jul 7, 2008 (PrimeNewswire via COMTEX) ----Banner Corporation (Nasdaq:BANR), the parent company of Banner Bank and Islanders Bank, today announced that it will report earnings for the second quarter of 2008 after the market closes on Monday, July 28, 2008. Management will host a conference call on Tuesday, July 29 at 7:00 a.m. PDT (10:00 a.m. EDT) to discuss the results. The call will also be broadcast live via the Internet.
Investment professionals are invited to dial 303-205-0044 at 7:00 a.m. PDT (10:00 a.m. EDT) to access the call. All current and prospective shareholders are welcome to listen to the live call or replay through a webcast posted on the Banner Bank's website, www.bannerbank.com. An archived recording of the call can be accessed by dialing 303-590-3000, access code 11116845#, until Tuesday, August 5, 2008.
About Banner Corporation
Banner Corporation is a $4.6 billion bank holding company operating two commercial banks in Washington, Oregon and Idaho. Banner serves the Pacific Northwest region with a full range of deposit services and business, commercial real estate, construction, residential, agricultural and consumer loans. Visit Banner Bank on the Web at www.bannerbank.com.
This news release was distributed by PrimeNewswire, www.primenewswire.com
SOURCE: Banner Corporation
Banner Corporation D. Michael Jones, President and CEO Lloyd W. Baker, CFO (509) 527-3636
(C) Copyright 2008 PrimeNewswire, Inc. All rights reserved.
Market Snapshot
| Symbol | Last Price | Netchange | Volume |
|---|---|---|---|
| -- | -- | -- | -- |
| -- | -- | -- | -- |
| -- | -- | -- | -- |
| -- | -- | -- | -- |
| -- | -- | -- | -- |
