First Midwest Bancorp, Inc. (FMBI)
| Market Cap | 2.44B |
| Revenue (ttm) | 659.10M |
| Net Income (ttm) | 118.88M |
| Shares Out | 113.10M |
| EPS (ttm) | 1.05 |
| PE Ratio | 20.54 |
| Forward PE | 14.31 |
| Dividend | $0.56 |
| Dividend Yield | 2.60% |
| Trading Day | May 18 |
| Last Price | $21.55 |
| Previous Close | $21.60 |
| Change ($) | -0.05 |
| Change (%) | -0.23% |
| Day's Open | 21.58 |
| Day's Range | 21.15 - 21.70 |
| Day's Volume | 80,906 |
| 52-Week Range | 10.22 - 24.12 |
First Midwest Bancorp (FMBI) delivered earnings and revenue surprises of 0.00% and -0.10%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
CHICAGO, April 20, 2021 (GLOBE NEWSWIRE) -- First Midwest Bancorp, Inc. (the "Company" or "First Midwest"), the holding company of First Midwest Bank (the "Bank"), today reported results of operations a...
First Midwest Bancorp (FMBI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
CHICAGO, April 08, 2021 (GLOBE NEWSWIRE) -- First Midwest Bancorp, Inc. (“First Midwest”), the holding company of First Midwest Bank, today announced the following schedule and contact information for i...
Top Ranked Income Stocks to Buy for March 31st
CHICAGO, March 15, 2021 (GLOBE NEWSWIRE) -- For the second straight year, First Midwest Bank has joined forces with 101.9 THE MIX to celebrate and recognize women-owned businesses through its Inspiring ...
First Midwest Bancorp (FMBI) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
First Midwest Bancorp (FMBI) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Resumes Stock Repurchase Program Resumes Stock Repurchase Program
First Midwest Bancorp's (FMBI) CEO Mike Scudder on Q4 2020 Results - Earnings Call Transcript
First Midwest Bancorp (FMBI) delivered earnings and revenue surprises of 48.28% and -2.48%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?
CHICAGO, Jan. 26, 2021 (GLOBE NEWSWIRE) -- First Midwest Bancorp, Inc. (the "Company" or "First Midwest"), the holding company of First Midwest Bank (the "Bank"), today reported results of operations an...
CHICAGO, Jan. 25, 2021 (GLOBE NEWSWIRE) -- First Midwest Bank today announced it awarded $250,000 in grants to more than 80 local non-profit organizations through its charitable foundation. These donati...
CHICAGO, Jan. 07, 2021 (GLOBE NEWSWIRE) -- First Midwest Bancorp, Inc. (“the Company”), the holding company of First Midwest Bank, today announced the following schedule and contact information for its ...
First Midwest Bancorp (FMBI) is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front.
CHICAGO, Nov. 20, 2020 (GLOBE NEWSWIRE) -- First Midwest Bancorp, Inc. (the “Company” or “First Midwest”), today announced that its Board of Directors declared a quarterly cash dividend of $0.14 per sha...
CHICAGO, Oct. 30, 2020 (GLOBE NEWSWIRE) -- First Midwest Bank announced today it has been awarded a Top Workplaces 2020 honor by The Chicago Tribune and was the highest ranked commercial bank among larg...
First Midwest Bancorp. (FMBI) CEO Michael Scudder on Q3 2020 Results - Earnings Call Transcript
First Midwest Bancorp (FMBI) delivered earnings and revenue surprises of 50.00% and 3.23%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?
CHICAGO, Oct. 15, 2020 (GLOBE NEWSWIRE) -- First Midwest Bancorp, Inc. today announced plans to optimize its retail branch network as part of its ongoing commitment to best meet the evolving needs and p...
First Midwest Bancorp (FMBI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
CHICAGO, Oct. 02, 2020 (GLOBE NEWSWIRE) -- First Midwest Bancorp, Inc. (“First Midwest”), the holding company of First Midwest Bank, today announced the following schedule and contact information for it...
Participation in the Paycheck Protection Program will likely drive earnings in the year ahead.
CHICAGO, July 27, 2020 (GLOBE NEWSWIRE) -- First Midwest Bancorp, Inc. (the “Company” or “First Midwest”), today announced that its Board of Directors declared a quarterly cash dividend of $17.50 per ...
First Midwest Bancorp. (FMBI) CEO Mike Scudder on Q2 2020 Results-Earnings Call Transcript
First Midwest Bancorp (FMBI) delivered earnings and revenue surprises of 18.75% and -4.08%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?
CHICAGO, July 21, 2020 (GLOBE NEWSWIRE) -- First Midwest Bancorp, Inc. (the "Company" or "First Midwest"), the holding company of First Midwest Bank (the "Bank"), today reported results of operations ...
Analysts Estimate First Midwest Bancorp (FMBI) to Report a Decline in Earnings: What to Look Out for
First Midwest Bancorp (FMBI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
One More 7.00% Preferred Stock IPO From First Midwest Bancorp
CHICAGO, June 18, 2020 (GLOBE NEWSWIRE) -- First Midwest Bancorp, Inc. (“First Midwest”) today announced that it has priced an underwritten public offering of 4,400,000 depositary shares, each represe...
First Midwest Bancorp's new preferred stock, FMBIP, is currently trading at a 1% discount.
CHICAGO, May 22, 2020 (GLOBE NEWSWIRE) -- First Midwest Bancorp, Inc. today announced the appointment of Ellen A. Rudnick as Lead Independent Director. Ms. Rudnick succeeds J. Stephen Vanderwoude, who...
CHICAGO, May 19, 2020 (GLOBE NEWSWIRE) -- First Midwest Bancorp, Inc. (the “Company” or “First Midwest”), today announced that its Board of Directors declared a quarterly cash dividend on the Company’...
CHICAGO, May 19, 2020 (GLOBE NEWSWIRE) -- First Midwest Bank and 101.9 THE MIX are pleased to announce that Flavia Lamberghini, owner of Apple Dental Care in Chicago’s Logan Square neighborhood, has t...
CHICAGO, May 14, 2020 (GLOBE NEWSWIRE) -- First Midwest Bancorp, Inc. (“First Midwest”) today announced that it has priced an underwritten public offering of 4,000,000 depositary shares, each represen...
CHICAGO, May 11, 2020 (GLOBE NEWSWIRE) -- First Midwest Bancorp, Inc. (“First Midwest”) previously announced that its 2020 annual meeting of stockholders will be held in a virtual meeting format. Belo...
CHICAGO, May 07, 2020 (GLOBE NEWSWIRE) -- First Midwest Bancorp, Inc. (the “Company” or “First Midwest”) today announced that its 2020 Annual Meeting of Stockholders will be held in a virtual meeting ...
First Midwest Bancorp. (FMBI) CEO Mike Scudder on Q1 2020 Results-Earnings Call Transcript
First Midwest Bancorp (FMBI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
CHICAGO, April 01, 2020 (GLOBE NEWSWIRE) -- First Midwest Bank today announced a $2.5 million philanthropic commitment to aid in the response to the COVID-19 pandemic. Through the First Midwest Charit...
CHICAGO, March 23, 2020 (GLOBE NEWSWIRE) -- First Midwest Bank today announced it is offering several programs and services designed to alleviate some of the financial stress and burden its clients ma...
CHICAGO, March 10, 2020 (GLOBE NEWSWIRE) -- First Midwest Bancorp, Inc. (“First Midwest”), the holding company of First Midwest Bank, today announced that it has completed its acquisition of Bankmanag...
CHICAGO, Feb. 27, 2020 (GLOBE NEWSWIRE) -- First Midwest Bancorp, Inc. (the “Company” or “First Midwest”), the parent company of First Midwest Bank, today announced that its Board of Directors declare...
First Midwest (FMBI) rewards shareholders with new share-repurchase authorization worth $200 million.
CHICAGO, Feb. 26, 2020 (GLOBE NEWSWIRE) -- First Midwest Bancorp, Inc. (the “Company”) announced today that its Board of Directors has approved a new stock repurchase program that authorizes the Compa...
CHICAGO, Feb. 03, 2020 (GLOBE NEWSWIRE) -- First Midwest Bank has joined forces with 101.9 THE MIX to celebrate and recognize women-owned businesses through its Inspiring Women in Business contest. Th...
First Midwest Bancorp, Inc. (FMBI) CEO Mike Scudder on Q4 2019 - Earnings Call Transcript
First Midwest Bancorp (FMBI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
CHICAGO, Dec. 10, 2019 (GLOBE NEWSWIRE) -- First Midwest Bank today announced it is enhancing its ability to serve clients in the Quad Cities with the grand opening of its new 3,000 square foot branch...
CHICAGO, Nov. 21, 2019 (GLOBE NEWSWIRE) -- First Midwest Bancorp, Inc. (the “Company” or “First Midwest”), the parent company of First Midwest Bank, today announced that its Board of Directors declare...
About 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 needs; accounts receivable financing; inventory and equipment financing; sector-based lending, including healthcare, asset-based lending, structured finance, and syndications; agricultural loans; and mortgages, home eq... [Read more...]
| Industry Banks-Regional | |
| CEO Michael Scudder | Employees 2,074 |
| Stock Exchange NASDAQ | Ticker Symbol FMBI |
Financial Performance
In 2020, FMBI's revenue was $621.69 million, a decrease of -12.11% compared to the previous year's $707.33 million. Earnings were $107.90 million, a decrease of -45.98%.
Analyst Forecasts
According to 6 analysts, the average rating for FMBI stock is "Buy." The 12-month stock price forecast is 22.17, which is an increase of 2.88% from the latest price.