First Midwest Bancorp Company Profile (NASDAQ:FMBI)

Analyst Ratings

Consensus Ratings for First Midwest Bancorp (NASDAQ:FMBI) (?)
Ratings Breakdown: 6 Hold Rating(s), 3 Buy Rating(s)
Consensus Rating:Hold (Score: 2.33)
Consensus Price Target: $19.25 (2.94% upside)

Analysts' Ratings History for First Midwest Bancorp (NASDAQ:FMBI)
Show:
DateFirmActionRatingPrice TargetActions
7/7/2016Jefferies GroupReiterated RatingBuy$21.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
6/30/2016MacquarieUpgradeNeutral -> OutperformView Rating Details  Tweet This Rating  Share This Rating on StockTwits
6/12/2016Sterne Agee CRTInitiated CoverageHoldView Rating Details  Tweet This Rating  Share This Rating on StockTwits
6/10/2016Piper Jaffray Cos.Initiated CoverageNeutral$19.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
4/21/2016Sandler O'NeillDowngradeBuy -> Hold$20.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
4/7/2016DA DavidsonInitiated CoverageNeutral$19.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
3/28/2016Robert W. BairdBoost Price TargetNeutral$17.00 -> $18.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
3/28/2016Keefe, Bruyette & WoodsDowngradeOutperform -> Market Perform$18.00 -> $18.50View Rating Details  Tweet This Rating  Share This Rating on StockTwits
10/9/2015StephensInitiated CoverageOverweightView Rating Details  Tweet This Rating  Share This Rating on StockTwits
6/29/2015SunTrust Banks Inc.Boost Price TargetNeutral$18.00 -> $20.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
3/9/2015Miller TabakUpgradeHold -> BuyView Rating Details  Tweet This Rating  Share This Rating on StockTwits
3/2/2015FIG PartnersDowngradeOutperform -> Market PerformView Rating Details  Tweet This Rating  Share This Rating on StockTwits
(Data available from 7/23/2014 forward)

Earnings

Earnings History for First Midwest Bancorp (NASDAQ:FMBI)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallActions
10/18/2016        
7/19/2016Q216$0.30$0.31$126.24 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/19/2016Q116$0.28$0.27$118.15 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
1/26/2016Q415$0.30$0.21$115.58 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/20/2015Q3$0.31$0.30$116.13 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/21/2015Q215$0.29$0.29$113.08 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/21/2015Q1$0.27$0.26$111.22 million$111.00 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/21/2014Q314$0.26$0.25$101.33 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/22/2014Q214$0.25$0.25$96.44 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/22/2014Q114$0.25$0.24$95.24 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
1/22/2014Q413$0.26$0.26$98.71 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/23/2013Q313$0.24$0.39$96.44 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/24/2013Q2 2013$0.22$0.22$95.17 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/24/2013Q1 2013$0.21$0.20$90.99 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
1/23/2013Q4 2012$0.19$0.18$96.14 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/31/2012Q312$0.12($0.65)$95.92 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/25/2012$0.11$0.09ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/25/2012$0.13$0.11ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
1/25/2012$0.10$0.05ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/26/2011$0.12$0.09ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/27/2011$0.09$0.11ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/27/2011($0.01)$0.10ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
1/26/2011($0.03)($0.41)ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for First Midwest Bancorp (NASDAQ:FMBI)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20165$0.28$0.30$0.29
Q2 20164$0.28$0.32$0.30
Q3 20164$0.31$0.34$0.33
Q4 20164$0.31$0.34$0.33
Q1 20173$0.31$0.34$0.32
Q2 20173$0.33$0.34$0.33
Q3 20173$0.33$0.37$0.35
Q4 20173$0.34$0.37$0.36
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for First Midwest Bancorp (NASDAQ:FMBI)
Annual Dividend:$0.36
Dividend Yield:1.93%
Payout Ratio:34.29% (Based on Trailing 12 Months of Earnings)
29.75% (Based on Current Year Consensus EPS Estimate)
26.28% (Based on Next Year Consensus EPS Estimate)

Dividend History for First Midwest Bancorp (NASDAQ:FMBI)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable DateShare
5/18/2016quarterly$0.092.02%6/22/20166/24/20167/12/2016Tweet This Announcement  Share This Announcement on StockTwits
2/17/2016quarterly$0.092.19%3/22/20163/25/20164/12/2016Tweet This Announcement  Share This Announcement on StockTwits
11/18/2015quarterly$0.091.88%12/16/201512/18/20151/12/2016Tweet This Announcement  Share This Announcement on StockTwits
8/20/2015quarterly$0.092.02%9/23/20159/25/201510/13/2015Tweet This Announcement  Share This Announcement on StockTwits
5/21/2015quarterly$0.092.03%6/24/20156/26/20157/14/2015Tweet This Announcement  Share This Announcement on StockTwits
2/23/2015quarterly$0.092.1%3/25/20153/27/20154/14/2015Tweet This Announcement  Share This Announcement on StockTwits
11/20/2014quarterly$0.081.9%12/17/201412/19/20141/13/2015Tweet This Announcement  Share This Announcement on StockTwits
8/20/2014quarterly$0.081.89%9/24/20149/26/201410/14/2014Tweet This Announcement  Share This Announcement on StockTwits
5/21/2014quarterly$0.081.77%6/25/20146/27/20147/15/2014Tweet This Announcement  Share This Announcement on StockTwits
2/19/2014quarterly$0.071.79%3/25/20143/27/20144/15/2014Tweet This Announcement  Share This Announcement on StockTwits
11/21/2013quarterly$0.071.57%12/18/201312/20/20131/14/2014Tweet This Announcement  Share This Announcement on StockTwits
8/21/2013quarterly$0.041%9/25/20139/27/201310/15/2013Tweet This Announcement  Share This Announcement on StockTwits
5/14/2013quarterly$0.041.2%6/26/20136/28/20137/16/2013Tweet This Announcement  Share This Announcement on StockTwits
2/21/2013quarterly$0.010.31%3/15/20133/19/20134/16/2013Tweet This Announcement  Share This Announcement on StockTwits
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for First Midwest Bancorp (NASDAQ:FMBI)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionActions
10/22/2015Thomas M PrameEVPSell2,225$17.52$38,982.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
9/15/2015Thomas M PrameEVPSell6,800$17.60$119,680.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
9/9/2015Thomas M PrameDirectorBuy9,025$17.64$159,201.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
12/15/2014Robert P DiedrichDirectorSell1,500$16.50$24,750.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
5/7/2014Kimberly McgarryCAOSell3,399$16.20$55,063.80View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
7/31/2013Robert P DiedrichDirectorBuy2,000$15.36$30,720.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for First Midwest Bancorp (NASDAQ:FMBI)
DateHeadline
07/21/16 04:13 PMForm 4 FIRST MIDWEST BANCORP For: Jul 18 Filed by: GILL PHUPINDER
07/21/16 10:14 AMFirst Midwest Bancorp, Inc. (Illinois) :FMBI-US: Earnings Analysis: Q2, 2016 By the Numbers : July 21, 2016 -
07/20/16 05:22 PMFirst Midwest Bancorp : Announces 2016 Second Quarter Results
07/20/16 05:22 PMFirst Midwest Bancorp's (FMBI) CEO Michael Scudder on Q2 2016 Results - Earnings Call Transcript
07/20/16 11:00 AMEdited Transcript of FMBI earnings conference call or presentation 20-Jul-16 3:00pm GMT -
07/19/16 09:21 PMFirst Midwest Bancorp beats Street 2Q forecasts
07/19/16 09:21 PMFirst Midwest Bancorp, Inc. Announces 2016 Second Quarter Results
07/19/16 06:07 AMQ2 2016 First Midwest Bancorp Inc Earnings Release - After Market Close -
07/15/16 03:05 PMFirst Midwest Bancorp Inc : half-yearly earnings release
07/15/16 03:05 PMShould You Buy First Midwest Bancorp (FMBI) Ahead of Earnings?
07/12/16 07:20 AMFirst Midwest Bancorp, Inc. (Illinois) breached its 50 day moving average in a Bullish Manner : FMBI-US : July 12, 2016 -
06/30/16 09:32 PMFirst Midwest Bancorp's (FMBI) CEO Michael Scudder on Standard Bancshares Acquisition (Transcript)
06/30/16 05:41 PMFirst Midwest Bancorp, Inc. Announces Schedule for 2016 Second Quarter Earnings Release and Conference Call - [at noodls] - ITASCA, IL -- (Marketwired) -- 06/30/16 -- First Midwest Bancorp, Inc. ('First Midwest') (NASDAQ: FMBI), the holding company of First Midwest Bank, announced today the following schedule and contact information ...
06/29/16 09:00 PMFitch Affirms First Midwest at 'BBB-' following Acquisition Announcement; Outlook Stable
06/29/16 09:00 PMFirst Midwest Bancorp : to acquire Standard Bank
06/29/16 09:00 PMFirst Midwest Bancorp (FMBI) to Acquire Standard Bancshares in $365M Deal
06/29/16 09:00 PMFirst Midwest to buy Standard Bank
06/28/16 09:03 PMBRIEF-First Midwest Bancorp to acquire Standard Bancshares for about $365 mln
06/28/16 08:01 PMFirst Midwest Bancorp, Inc. to Acquire Standard Bancshares, Inc. - [at noodls] - ITASCA, IL -- (Marketwired) -- 06/28/16 -- First Midwest Bancorp, Inc. ('First Midwest') (NASDAQ: FMBI), the parent company of First Midwest Bank, today announced that it has entered into a definitive ...
06/28/16 11:25 AMFirst Midwest Bancorp, Inc. (Illinois) :FMBI-US: Earnings Analysis: Q1, 2016 By the Numbers : June 28, 2016 -
06/28/16 11:25 AMFirst Midwest Bancorp, Inc. (Illinois) :FMBI-US: Earnings Analysis: Q1, 2016 By the Numbers : June 28, 2016 -
06/23/16 03:09 PMFIRST MIDWEST BANCORP INC : ex-dividend day
06/21/16 03:49 PMFirst Midwest Bancorp, Inc. (FMBI) Ex-Dividend Date Scheduled for
06/15/16 10:26 AMEdited Transcript of FMBI earnings conference call or presentation 23-Apr-14 2:00pm GMT -
06/14/16 07:26 AMFirst Midwest Bancorp, Inc. (Illinois) breached its 50 day moving average in a Bearish Manner : FMBI-US : June 14, 2016 -
06/01/16 08:00 AMFirst Midwest Bancorp, Inc. Deploys TopSpin Security to Meet Growing Cybersecurity Needs - [Marketwired] - TopSpin Security, Inc., a provider of intelligent malware deception and detection solutions, today announced that First Midwest Bancorp, Inc. , one of the largest independent bank holding companies based ...
05/24/16 02:33 PMFIRST MIDWEST BANCORP INC Files SEC form 8-K, Amendments to Articles of Inc. or Bylaws; Change in Fiscal Year -
05/19/16 07:12 AMFirst Midwest Bancorp, Inc. (Illinois) breached its 50 day moving average in a Bullish Manner : FMBI-US : May 19, 2016 -
05/18/16 01:12 PMFirst Midwest Bancorp, Inc. Declares Second Quarter Cash Dividend of $0.09 per Share - [at noodls] - ITASCA, IL -- (Marketwired) -- 05/18/16 -- First Midwest Bancorp, Inc. ('First Midwest') (NASDAQ: FMBI), the holding company for First Midwest Bank, announced today that its Board of Directors declared ...
05/18/16 08:34 AMFIRST MIDWEST BANCORP INC Files SEC form 8-K, Regulation FD Disclosure -
05/13/16 07:45 AMCoverage initiated on First Midwest Banc by Macquarie -
05/11/16 04:07 PMFirst Midwest Bancorp, Inc. to Webcast Annual Meeting of Stockholders - [at noodls] - ITASCA, IL -- (Marketwired) -- 05/11/16 -- First Midwest Bancorp, Inc. (the 'Company' or 'First Midwest') (NASDAQ: FMBI), the holding company of First Midwest Bank, announced today that it will webcast ...
05/05/16 07:29 AMFirst Midwest Bancorp, Inc. (Illinois) breached its 50 day moving average in a Bearish Manner : FMBI-US : May 5, 2016 -
05/04/16 03:15 PMFIRST MIDWEST BANCORP INC Files SEC form 10-Q, Quarterly Report -
05/02/16 03:40 PMFIRST MIDWEST BANCORP INC Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exh -
04/28/16 09:34 AMFirst Midwest Bancorp Chief Financial Officer Paul F. Clemens to Retire in 2017 - [at noodls] - ITASCA, IL -- (Marketwired) -- 04/28/16 -- First Midwest Bancorp, Inc. (the 'Company') (NASDAQ: FMBI), announced today that Paul F. Clemens, Chief Financial Officer of the Company and its subsidiary, First ...
04/21/16 10:32 AMFirst Midwest Bancorp, Inc. (Illinois) :FMBI-US: Earnings Analysis: Q1, 2016 By the Numbers -
02/23/16 03:13 PMFIRST MIDWEST BANCORP INC Files SEC form 10-K, Annual Report -
02/17/16 04:04 PMFirst Midwest Bancorp, Inc. Declares First Quarter Cash Dividend of $0.09 per Share - [Marketwired] - First Midwest Bancorp, Inc. , the holding company for First Midwest Bank, announced today that its Board of Directors declared a quarterly cash dividend on the Company's common stock of $0.09 per share. ...
01/28/16 12:54 PMFirst Midwest Bancorp's (FMBI) CEO Mike Scudder on Q4 2015 Results - Earnings Call Transcript - Good morning, ladies and gentlemen. And welcome to the First Midwest Bancorp 2015 Fourth Quarter and Full Year Earnings Conference Call. At this time, I would like to inform you that this conference is being recorded. And that all participants are in a ...
01/28/16 12:40 PMFirst Midwest Bancorp, Inc. (Illinois) Earnings Analysis: Q4, 2015 By the Numbers -
01/27/16 12:20 PMFirst Midwest Bancorp Q4 Earnings Climb 10% - (RTTNews.com) - First Midwest Bancorp ( FMBI) released a profit for its fourth quarter that advanced compared to the same period last year. The company said its bottom line climbed to $22.13 million, or $0.21 per share. This was up from $20.03 million ...
01/27/16 10:16 AMEdited Transcript of FMBI earnings conference call or presentation 27-Jan-16 3:00pm GMT -
01/27/16 05:01 AMFIRST MIDWEST BANCORP INC Files SEC form 8-K, Results of Operations and Financial Condition -
01/26/16 07:38 PMFirst Midwest Bancorp meets 4Q profit forecasts - ITASCA, Ill. (AP) _ First Midwest Bancorp Inc. (FMBI) on Tuesday reported fourth-quarter earnings of $16.3 million. The Itasca, Illinois-based bank said it had earnings of 21 cents per share. Earnings, adjusted for non-recurring costs, were 29 cents per share.
01/26/16 05:14 PMFirst Midwest Bancorp, Inc. Announces 2015 Fourth Quarter and Full Year Results - [at noodls] - ITASCA, IL -- (Marketwired) -- 01/26/16 -- First Midwest Bancorp, Inc. (the 'Company' or 'First Midwest') (NASDAQ: FMBI), the holding company of First Midwest Bank (the 'Bank'), today reported results ...
01/26/16 06:07 AMQ4 2015 First Midwest Bancorp Inc Earnings Release - After Market Close -
01/17/16 06:35 PMFirst Midwest Bancorp (FMBI) Announces Branch Openings, Closings - Get inside Wall Street with StreetInsider Premium. Claim your 2-week free trial here. First Midwest Bancorp, Inc. (NASDAQ: FMBI) announced planned strategic initiatives to enhance its customer experience, branch network and operating efficiency.
12/14/15 08:30 AMFirst Midwest Bancorp, Inc. (Illinois) breached its 50 day moving average in a Bearish Manner : December 14, 2015 -
12/11/15 03:42 PMFirst Midwest Bancorp, Inc. Completes Acquisition of The Peoples' Bank of Arlington Heights - [at noodls] - ITASCA, IL -- (Marketwired) -- 12/11/15 -- First Midwest Bancorp, Inc. ('First Midwest') (NASDAQ: FMBI), the parent company of First Midwest Bank, today announced that it has completed its acquisition ...

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About First Midwest Bancorp

First Midwest Bancorp logoFirst Midwest Bancorp, Inc. is a bank holding company. The Company's principal subsidiary, First Midwest Bank (the Bank), is an Illinois state-chartered bank and provides a range of banking, treasury and wealth management products and services, to commercial and industrial, commercial real estate, municipal and consumer customers. The Bank operates primarily throughout the Chicago metropolitan area, as well as northwest Indiana, central and western Illinois, and eastern Iowa through approximately 110 banking locations. The Bank offers capital market products to commercial customers as risk management solutions, which include derivatives and interest rate risk products. The Bank provides an array of financing products to developers, investors and other real estate professionals, which include funding for the construction, purchase, refinance, or improvement of commercial real estate properties. The Company's loan portfolio consists of both corporate and consumer loans.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Regional - Midwest Banks
  • Sub-Industry: Regional Banks
  • Exchange: NASDAQ
  • Symbol: FMBI
  • CUSIP: 32086710
Key Metrics:
  • Previous Close: $18.38
  • 50 Day Moving Average: $17.86
  • 200 Day Moving Average: $17.65
  • P/E Ratio: 17.96
  • P/E Growth: 2.24
  • Market Cap: $1.52B
  • Beta: 1.56
  • Current Year EPS Consensus Estimate: $1.21 EPS
  • Next Year EPS Consensus Estimate: $1.37 EPS
Additional Links:
First Midwest Bancorp (NASDAQ:FMBI) Chart for Saturday, July, 23, 2016