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First Midwest Bancorp, Inc. (FMBI)

Stock Price: $13.03 USD 0.59 (4.74%)
Updated Aug 7, 2020 4:00 PM EDT - Market closed

Stock Price Chart

Key Info

Market Cap 1.49B
Revenue (ttm) 654.60M
Net Income (ttm) 145.15M
Shares Out 114.28M
EPS (ttm) 1.28
PE Ratio 10.18
Forward PE 14.41
Dividend $0.56
Dividend Yield 4.30%

Stock Quote

Trading Day Aug 7, 2020
Last Price $13.03
Previous Close $12.44
Change ($) 0.59
Change (%) 4.74%
Day's Open 12.21
Day's Range 12.19 - 13.03
Day's Volume 611,131
52-Week Range 10.31 - 23.64

More Stats

Market Cap 1.49B
Enterprise Value 3.09B
Earnings Date (est) Oct 27, 2020
Ex-Dividend Date Jun 25, 2020
Shares Outstanding 114.28M
Float 112.91M
EPS (basic) 1.3
EPS (diluted) 1.28
FCF / Share 1.11
Dividend $0.56
Dividend Yield 4.30%
Earnings Yield 9.82%
FCF Yield 8.44%
Payout Ratio 43.10%
Shares Short 3.47M
Short Ratio 4.13
Short % of Float 4.06%
Beta 1.24
PE Ratio 10.18
Forward PE 14.41
P/FCF Ratio 11.85
PS Ratio 2.27
PB Ratio 0.54
Revenue 654.60M
Operating Income 192.68M
Net Income 145.15M
Free Cash Flow 125.61M
Net Cash -1.60B
Net Cash / Share -13.98
Gross Margin 107.92%
Operating Margin 29.43%
Profit Margin 22.00%
FCF Margin 19.19%
ROA 0.75%
ROE 5.86%
ROIC 1.00%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (6)

Buy 3
Overweight 0
Hold 3
Underweight 0
Sell 0

Analyst Consensus: Overweight

Price Target

(14.35% upside)
Current: $13.03
Target: 14.90
*Average 12-month price target from 5 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

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.
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
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


First Midwest Bancorp, Inc. 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.