First Midwest Bancorp, Inc. (FMBI)
| Market Cap | 2.04B |
| Revenue (ttm) | 659.10M |
| Net Income (ttm) | 118.88M |
| Shares Out | 113.10M |
| EPS (ttm) | 1.31 |
| PE Ratio | 13.67 |
| Forward PE | 11.27 |
| Dividend | $0.56 |
| Dividend Yield | 3.14% |
| Trading Day | July 23 |
| Last Price | $17.84 |
| Previous Close | $17.59 |
| Change ($) | 0.25 |
| Change (%) | 1.42% |
| Day's Open | 17.73 |
| Day's Range | 17.58 - 18.39 |
| Day's Volume | 458,269 |
| 52-Week Range | 10.15 - 23.95 |
First Midwest Bancorp (FMBI) delivered earnings and revenue surprises of 24.32% and 1.86%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
Shares of First Midwest Bancorp (NASDAQ:FMBI) remained unaffected after the company reported Q2 results. Quarterly Results Earnings per share were up 142.11% year over year to $0.46, which beat the esti...
CHICAGO, July 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 an...
On Tuesday, July 20, First Midwest Bancorp (NASDAQ:FMBI) will release its latest earnings report. Here is Benzinga's outlook for the company.
CHICAGO, July 14, 2021 (GLOBE NEWSWIRE) -- First Midwest Bank today announced it has been certified to participate in the Cities for Financial Empowerment Fund's BankOn program, which provides unbanked...
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, July 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 it...
NEW YORK, June 21, 2021 /PRNewswire/ -- Moore Kuehn, PLLC, a law firm focusing in securities litigation located on Wall Street in downtown New York City, is investigating potential claims concerning whe...
CHICAGO, June 11, 2021 (GLOBE NEWSWIRE) -- First Midwest Bank and 101.9 THE MIX are pleased to announce that Shantenekia Phillips, owner of Alabasta Wellness Boutique & Salon in Oak Park, Illinois, has ...
Old National and First Midwest are joining hands to create a $45 billion asset bank in the Midwest, as the wave of bank mergers continues.
NEW YORK, June 4, 2021 /PRNewswire/ -- Juan Monteverde , founder and managing partner at Monteverde & Associates PC, a national securities firm rated Top 50 in the 2018-2020 ISS Securities Class Action ...
MILWAUKEE, June 4, 2021 /PRNewswire/ -- Ademi LLP is investigating First Midwest (Nasdaq: FMBI) for possible breaches of fiduciary duty and other violations of law in its transaction with Old National. ...
Old National (ONB) and First Midwest's (FMBI) all-stock merger deal for a market value of $6.5 billion will create a diversified and premier banking franchise.
NEW YORK, June 2, 2021 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of First Midwest Bancorp, Inc. ("First Midw...
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of First Midwest Banc...
Chicago's First Midwest Bank and Indiana's Old National Bank have signed a $6.5 billion definitive merger agreement to create a midwestern financial institution (FI) with $45 billion in combined assets....
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of First Midwest Bancorp, Inc. (NASDAQ: FMBI) to Old National Bancorp is fair to First M...
EVANSVILLE, Ind. & CHICAGO--(BUSINESS WIRE)--Old National Bancorp (“Old National”) (NASDAQ: ONB) and First Midwest Bancorp, Inc. (“First Midwest”) (NASDAQ: FMBI), jointly announced today they have enter...
CHICAGO, May 20, 2021 (GLOBE NEWSWIRE) -- First Midwest Bancorp, Inc. (the “Company”) today announced that its Board of Directors declared a quarterly cash dividend of $0.14 per share on the Company's c...
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.
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.
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 22.33, which is an increase of 25.17% from the latest price.