First Midwest Bancorp (FMBI) Stock Price, News & Analysis

First Midwest Bancorp, Inc. (NASDAQ:FMBI) announced its earnings results on Monday, October, 18th. The financial services provider reported $0.44 earnings per share for the quarter, beating analysts' consensus estimates of $0.42 by $0.02. The financial services provider earned $190.38 million during the quarter, compared to the consensus estimate of $189.86 million. First Midwest Bancorp had a net margin of 25.27% and a trailing twelve-month return on equity of 8.19%. During the same quarter last year, the firm earned $0.33 earnings per share.

First Midwest Bancorp (NASDAQ:FMBI) pays an annual dividend of $0.56 per share and currently has a dividend yield of 2.60%. The dividend payout ratio is 35.00%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for FMBI.

87 employees have rated First Midwest Bancorp Chief Executive Officer Michael L. Scudder on Glassdoor.com. Michael L. Scudder has an approval rating of 93% among the company's employees. This puts Michael L. Scudder in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other First Midwest Bancorp investors own include Boeing (BA), Mastercard (MA), AXIS Capital (AXS), Eli Lilly and Company (LLY), Main Street Capital (MAIN), QUALCOMM (QCOM), General Motors (GM), NVIDIA (NVDA), Tapestry (TPR).