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

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