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First Midwest Bancorp, Inc. (FMBI)

Stock Price: $15.35 USD 0.97 (6.75%)
Updated November 24, 2:53 PM EST - Market open

Stock Price Chart

Key Info

Market Cap 1.75B
Revenue (ttm) 641.63M
Net Income (ttm) 112.92M
Shares Out 114.30M
EPS (ttm) 1.00
PE Ratio 15.35
Forward PE 15.70
Dividend $0.56
Dividend Yield 3.65%

Stock Quote

Trading Day November 24
Last Price $15.35
Previous Close $14.38
Change ($) 0.97
Change (%) 6.75%
Day's Open 14.75
Day's Range 14.73 - 15.47
Day's Volume 498,283
52-Week Range 10.31 - 23.64

More Stats

Market Cap 1.75B
Enterprise Value 2.76B
Earnings Date (est) Jan 26, 2021
Ex-Dividend Date Sep 24, 2020
Shares Outstanding 114.30M
Float 112.97M
EPS (basic) 1.02
EPS (diluted) 1.00
FCF / Share 1.42
Dividend $0.56
Dividend Yield 3.65%
Earnings Yield 6.51%
FCF Yield 9.15%
Payout Ratio 54.90%
Shares Short 2.70M
Short Ratio 4.94
Short % of Float 2.39%
Beta 1.27
PE Ratio 15.35
Forward PE 15.70
P/FCF Ratio 10.93
PS Ratio 2.73
PB Ratio 0.67
Revenue 641.63M
Operating Income 156.15M
Net Income 112.92M
Free Cash Flow 160.48M
Net Cash -1.00B
Net Cash / Share -8.76
Gross Margin 110.25%
Operating Margin 24.34%
Profit Margin 17.60%
FCF Margin 25.01%
ROA 0.61%
ROE 4.73%
ROIC 0.80%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Forecasts

Analyst Ratings (6)

Buy 2
Overweight 1
Hold 3
Underweight 0
Sell 0

Analyst Consensus: Overweight

Price Target

$14.92*
(-2.80% downside)
Low
14.0
Current: $15.35
High
16.0
Target: 14.92
*Average 12-month price target from 6 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue707613604478427384385218303241
Revenue Growth15.32%1.57%26.33%11.94%11.12%-0.12%76.85%-28.19%25.95%-
Gross Profit707613604478427384385218303241
Operating Income266197188139120100128-49.9441.07-38.23
Net Income20015898.3992.3582.0669.3179.31-21.0536.56-9.68
Shares Outstanding10810310179.8077.0674.4873.9873.6773.2972.42
Earnings Per Share1.821.520.961.141.050.921.06-0.280.35-0.27
EPS Growth19.74%58.33%-15.79%8.57%14.13%-13.21%----
Dividend Per Share0.540.450.390.360.360.310.160.040.040.04
Dividend Growth20%15.38%8.33%0%16.13%93.75%300%0%0%-
Operating Cash Flow227253234122158126136170167194
Capital Expenditures-16.19-23.241.91134-10.04-10.18-9.57-2.00-5.48-21.91
Free Cash Flow211230236256148116127168162172
Cash & Equivalents299289347262381606587716642586
Total Debt1,8931,1109101,074366339415401458442
Net Cash / Debt-1,593-821-563-81114.90267172316184144
Assets17,85015,50614,07711,4239,7339,4458,2538,1007,9748,138
Liabilities15,48013,45112,21210,1658,5868,3447,2527,1597,0117,026
Book Value2,3712,0551,8651,2571,1461,1011,0019419631,112
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name First Midwest Bancorp, Inc.
Country United States
Employees 2,122
CEO Michael L. Scudder

Stock Information

Ticker Symbol FMBI
Stock Exchange NASDAQ
Sector Financial Services
Industry Banks—Regional
Unique Identifier NASDAQ: FMBI

Description

First Midwest Bancorp operates as the bank holding company for First Midwest Bank that provides various banking products and services. The company accepts checking, NOW, money market, and savings accounts, as well as various types of short-term and long-term certificates of deposit. Its loan products include working capital loans; accounts receivable financing; inventory and equipment financing; sector-based lending, including healthcare, asset-based lending, structured finance, and syndications; agricultural loans; and mortgages, home equity lines and loans, personal loans, specialty loans, and consumer secured and unsecured loans, as well as funding for the construction, purchase, refinance, or improvement of commercial real estate properties. In addition, the company offers treasury management products and services comprising automated clearing house collection, lockbox, remote deposit capture, and financial electronic data interchange; wire transfer, account reconciliation, controlled disbursement, direct deposit, and positive pay services; information reporting services; corporate credit cards; and liquidity management, fraud prevention, and merchant services. Further, it provides fiduciary and executor, financial planning, investment advisory, employee benefit plan, and private banking services to corporate and public retirement plans, foundations and endowments, high net worth individuals, and multi-employer trust funds. Additionally, the company offers debit and automated teller machine, and credit cards; Internet and mobile, and telephone banking services; and financial education services. The company operates 127 locations and 178 automated teller machines in metropolitan Chicago, southeast Wisconsin, northwest Indiana, central and western Illinois, and eastern Iowa. First Midwest Bancorp, Inc. was incorporated in 1982 and is headquartered in Chicago, Illinois.