First Midwest Bancorp Company Profile (NASDAQ:FMBI)

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: $19.38
  • 50 Day Moving Average: $18.79
  • 200 Day Moving Average: $18.01
  • Trailing P/E Ratio: 18.62
  • Foreward P/E Ratio: 13.94
  • P/E Growth: 2.34
  • Market Cap: $1.58B
  • Outstanding Shares: 81,316,000
  • Beta: 1.57
Additional Links:
Companies Related to First Midwest Bancorp:

Analyst Ratings

Consensus Ratings for First Midwest Bancorp (NASDAQ:FMBI) (?)
Ratings Breakdown: 6 Hold Ratings, 3 Buy Ratings
Consensus Rating:Hold (Score: 2.33)
Consensus Price Target: $19.25 (0.67% downside)

Analysts' Ratings History for First Midwest Bancorp (NASDAQ:FMBI)
Show:
DateFirmActionRatingPrice TargetDetails
7/7/2016Jefferies GroupReiterated RatingBuy$21.00View Rating Details
6/30/2016MacquarieUpgradeNeutral -> OutperformView Rating Details
6/12/2016Sterne Agee CRTInitiated CoverageHoldView Rating Details
6/10/2016Piper Jaffray Cos.Initiated CoverageNeutral$19.00View Rating Details
4/21/2016Sandler O'NeillDowngradeBuy -> Hold$20.00View Rating Details
4/7/2016DA DavidsonInitiated CoverageNeutral$19.00View Rating Details
3/28/2016Robert W. BairdBoost Price TargetNeutral$17.00 -> $18.00View Rating Details
3/28/2016Keefe, Bruyette & WoodsDowngradeOutperform -> Market Perform$18.00 -> $18.50View Rating Details
10/9/2015StephensInitiated CoverageOverweightView Rating Details
6/29/2015SunTrust Banks Inc.Boost Price TargetNeutral$18.00 -> $20.00View Rating Details
3/9/2015Miller TabakUpgradeHold -> BuyView Rating Details
3/2/2015FIG PartnersDowngradeOutperform -> Market PerformView Rating Details
(Data available from 8/27/2014 forward)

Earnings

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

Estimates

Earnings Estimates for First Midwest Bancorp (NASDAQ:FMBI)
Current Year EPS Consensus Estimate: $1.24 EPS
Next Year EPS Consensus Estimate: $1.39 EPS
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:1.86%
Payout Ratio:34.29% (Based on Trailing 12 Months of Earnings)
29.03% (Based on Current Year Consensus EPS Estimate)
25.90% (Based on Next Year Consensus EPS Estimate)

Dividend History for First Midwest Bancorp (NASDAQ:FMBI)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/18/2016quarterly$0.091.88%9/28/20169/30/201610/11/2016
5/18/2016quarterly$0.092.02%6/22/20166/24/20167/12/2016
2/17/2016quarterly$0.092.19%3/22/20163/25/20164/12/2016
11/18/2015quarterly$0.091.88%12/16/201512/18/20151/12/2016
8/20/2015quarterly$0.092.02%9/23/20159/25/201510/13/2015
5/21/2015quarterly$0.092.03%6/24/20156/26/20157/14/2015
2/23/2015quarterly$0.092.1%3/25/20153/27/20154/14/2015
11/20/2014quarterly$0.081.9%12/17/201412/19/20141/13/2015
8/20/2014quarterly$0.081.89%9/24/20149/26/201410/14/2014
5/21/2014quarterly$0.081.77%6/25/20146/27/20147/15/2014
2/19/2014quarterly$0.071.79%3/25/20143/27/20144/15/2014
11/21/2013quarterly$0.071.57%12/18/201312/20/20131/14/2014
8/21/2013quarterly$0.041%9/25/20139/27/201310/15/2013
5/14/2013quarterly$0.041.2%6/26/20136/28/20137/16/2013
2/21/2013quarterly$0.010.31%3/15/20133/19/20134/16/2013
(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 TransactionDetails
8/22/2016Robert P. DiedrichEVPSell1,200$19.17$23,004.00View SEC Filing  
10/22/2015Thomas M PrameEVPSell2,225$17.52$38,982.00View SEC Filing  
9/15/2015Thomas M PrameEVPSell6,800$17.60$119,680.00View SEC Filing  
9/9/2015Thomas M PrameDirectorBuy9,025$17.64$159,201.00View SEC Filing  
12/15/2014Robert P DiedrichDirectorSell1,500$16.50$24,750.00View SEC Filing  
5/7/2014Kimberly McgarryCAOSell3,399$16.20$55,063.80View SEC Filing  
7/31/2013Robert P DiedrichDirectorBuy2,000$15.36$30,720.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for First Midwest Bancorp (NASDAQ:FMBI)
DateHeadline
4-traders.com logoFirst Midwest Bancorp : Appoints Two New Directors (NASDAQ:FMBI)
www.4-traders.com - August 23 at 9:23 AM
publicnow.com logoFirst Midwest Bancorp, Inc. Appoints Two New Directors (NASDAQ:FMBI)
www.publicnow.com - August 22 at 5:04 PM
biz.yahoo.com logoFIRST MIDWEST BANCORP INC Files SEC form 8-K, Change in Directors or Principal Officers (NASDAQ:FMBI)
biz.yahoo.com - August 22 at 5:04 PM
publicnow.com logoFirst Midwest Bancorp, Inc. Declares Third Quarter Cash Dividend of $0.09 Per Share (NASDAQ:FMBI)
www.publicnow.com - August 18 at 5:04 PM
realistinvestor.com logoHere’s The Growth Forecast For First Midwest Bancorp, Inc. (NASDAQ:FMBI) (NASDAQ:FMBI)
www.realistinvestor.com - August 17 at 10:22 PM
streetinsider.com logoForm 4 FIRST MIDWEST BANCORP For: Jul 18 Filed by: GILL PHUPINDER (NASDAQ:FMBI)
www.streetinsider.com - July 21 at 5:13 PM
capitalcube.com logoFirst Midwest Bancorp, Inc. (Illinois) :FMBI-US: Earnings Analysis: Q2, 2016 By the Numbers : July 21, 2016 (NASDAQ:FMBI)
www.capitalcube.com - July 21 at 11:14 AM
4-traders.com logoFirst Midwest Bancorp : Announces 2016 Second Quarter Results (NASDAQ:FMBI)
www.4-traders.com - July 20 at 6:22 PM
msn.com logoFirst Midwest Bancorp's (FMBI) CEO Michael Scudder on Q2 2016 Results - Earnings Call Transcript (NASDAQ:FMBI)
www.msn.com - July 20 at 6:22 PM
finance.yahoo.com logoEdited Transcript of FMBI earnings conference call or presentation 20-Jul-16 3:00pm GMT (NASDAQ:FMBI)
finance.yahoo.com - July 20 at 12:00 PM
cnbc.com logoFirst Midwest Bancorp beats Street 2Q forecasts (NASDAQ:FMBI)
www.cnbc.com - July 19 at 10:21 PM
stockhouse.com logoFirst Midwest Bancorp, Inc. Announces 2016 Second Quarter Results (NASDAQ:FMBI)
www.stockhouse.com - July 19 at 10:21 PM
biz.yahoo.com logoQ2 2016 First Midwest Bancorp Inc Earnings Release - After Market Close (NASDAQ:FMBI)
biz.yahoo.com - July 19 at 7:07 AM
4-traders.com logoFirst Midwest Bancorp Inc : half-yearly earnings release (NASDAQ:FMBI)
www.4-traders.com - July 15 at 4:05 PM
nasdaq.com logoShould You Buy First Midwest Bancorp (FMBI) Ahead of Earnings? (NASDAQ:FMBI)
www.nasdaq.com - July 15 at 4:05 PM
capitalcube.com logoFirst Midwest Bancorp, Inc. (Illinois) breached its 50 day moving average in a Bullish Manner : FMBI-US : July 12, 2016 (NASDAQ:FMBI)
www.capitalcube.com - July 12 at 8:20 AM
seekingalpha.com logoFirst Midwest Bancorp's (FMBI) CEO Michael Scudder on Standard Bancshares Acquisition (Transcript) (NASDAQ:FMBI)
seekingalpha.com - June 30 at 10:32 PM
publicnow.com logoFirst Midwest Bancorp, Inc. Announces Schedule for 2016 Second Quarter Earnings Release and Conference Call (NASDAQ:FMBI)
www.publicnow.com - June 30 at 6:41 PM
reuters.com logoFitch Affirms First Midwest at 'BBB-' following Acquisition Announcement; Outlook Stable (NASDAQ:FMBI)
www.reuters.com - June 29 at 10:00 PM
4-traders.com logoFirst Midwest Bancorp : to acquire Standard Bank (NASDAQ:FMBI)
www.4-traders.com - June 29 at 10:00 PM
streetinsider.com logoFirst Midwest Bancorp (FMBI) to Acquire Standard Bancshares in $365M Deal (NASDAQ:FMBI)
www.streetinsider.com - June 29 at 10:00 PM
News IconFirst Midwest to buy Standard Bank (NASDAQ:FMBI)
www.chicagotribune.com - June 29 at 10:00 PM
reuters.com logoBRIEF-First Midwest Bancorp to acquire Standard Bancshares for about $365 mln (NASDAQ:FMBI)
www.reuters.com - June 28 at 10:03 PM
publicnow.com logoFirst Midwest Bancorp, Inc. to Acquire Standard Bancshares, Inc. (NASDAQ:FMBI)
www.publicnow.com - June 28 at 9:01 PM
capitalcube.com logoFirst Midwest Bancorp, Inc. (Illinois) :FMBI-US: Earnings Analysis: Q1, 2016 By the Numbers : June 28, 2016 (NASDAQ:FMBI)
www.capitalcube.com - June 28 at 12:25 PM
capitalcube.com logoFirst Midwest Bancorp, Inc. (Illinois) :FMBI-US: Earnings Analysis: Q1, 2016 By the Numbers : June 28, 2016 (NASDAQ:FMBI)
www.capitalcube.com - June 28 at 12:25 PM
4-traders.com logoFIRST MIDWEST BANCORP INC : ex-dividend day (NASDAQ:FMBI)
www.4-traders.com - June 23 at 4:09 PM
nasdaq.com logoFirst Midwest Bancorp, Inc. (FMBI) Ex-Dividend Date Scheduled for (NASDAQ:FMBI)
www.nasdaq.com - June 21 at 4:49 PM
finance.yahoo.com logoEdited Transcript of FMBI earnings conference call or presentation 23-Apr-14 2:00pm GMT (NASDAQ:FMBI)
finance.yahoo.com - June 15 at 11:26 AM
capitalcube.com logoFirst Midwest Bancorp, Inc. (Illinois) breached its 50 day moving average in a Bearish Manner : FMBI-US : June 14, 2016 (NASDAQ:FMBI)
www.capitalcube.com - June 14 at 8:26 AM
finance.yahoo.com logoFirst Midwest Bancorp, Inc. Deploys TopSpin Security to Meet Growing Cybersecurity Needs (NASDAQ:FMBI)
finance.yahoo.com - June 1 at 9:00 AM
biz.yahoo.com logoFIRST MIDWEST BANCORP INC Files SEC form 8-K, Amendments to Articles of Inc. or Bylaws; Change in Fiscal Year (NASDAQ:FMBI)
biz.yahoo.com - May 24 at 3:33 PM
capitalcube.com logoFirst Midwest Bancorp, Inc. (Illinois) breached its 50 day moving average in a Bullish Manner : FMBI-US : May 19, 2016 (NASDAQ:FMBI)
www.capitalcube.com - May 19 at 8:12 AM
publicnow.com logoFirst Midwest Bancorp, Inc. Declares Second Quarter Cash Dividend of $0.09 per Share (NASDAQ:FMBI)
www.publicnow.com - May 18 at 2:12 PM
biz.yahoo.com logoFIRST MIDWEST BANCORP INC Files SEC form 8-K, Regulation FD Disclosure (NASDAQ:FMBI)
biz.yahoo.com - May 18 at 9:34 AM
finance.yahoo.com logoCoverage initiated on First Midwest Banc by Macquarie (NASDAQ:FMBI)
finance.yahoo.com - May 13 at 8:45 AM
publicnow.com logoFirst Midwest Bancorp, Inc. to Webcast Annual Meeting of Stockholders (NASDAQ:FMBI)
www.publicnow.com - May 11 at 5:07 PM
capitalcube.com logoFirst Midwest Bancorp, Inc. (Illinois) breached its 50 day moving average in a Bearish Manner : FMBI-US : May 5, 2016 (NASDAQ:FMBI)
www.capitalcube.com - May 5 at 8:29 AM
biz.yahoo.com logoFIRST MIDWEST BANCORP INC Files SEC form 10-Q, Quarterly Report (NASDAQ:FMBI)
biz.yahoo.com - May 4 at 4:15 PM
biz.yahoo.com logoFIRST MIDWEST BANCORP INC Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exh (NASDAQ:FMBI)
biz.yahoo.com - May 2 at 4:40 PM
publicnow.com logoFirst Midwest Bancorp Chief Financial Officer Paul F. Clemens to Retire in 2017 (NASDAQ:FMBI)
www.publicnow.com - April 28 at 10:34 AM
capitalcube.com logoFirst Midwest Bancorp, Inc. (Illinois) :FMBI-US: Earnings Analysis: Q1, 2016 By the Numbers (NASDAQ:FMBI)
www.capitalcube.com - April 21 at 11:32 AM
biz.yahoo.com logoFIRST MIDWEST BANCORP INC Files SEC form 10-K, Annual Report (NASDAQ:FMBI)
biz.yahoo.com - February 23 at 4:13 PM
finance.yahoo.com logoFirst Midwest Bancorp, Inc. Declares First Quarter Cash Dividend of $0.09 per Share (NASDAQ:FMBI)
finance.yahoo.com - February 17 at 5:04 PM
seekingalpha.com logoFirst Midwest Bancorp's (FMBI) CEO Mike Scudder on Q4 2015 Results - Earnings Call Transcript (NASDAQ:FMBI)
seekingalpha.com - January 28 at 1:54 PM
capitalcube.com logoFirst Midwest Bancorp, Inc. (Illinois) Earnings Analysis: Q4, 2015 By the Numbers (NASDAQ:FMBI)
www.capitalcube.com - January 28 at 1:40 PM
nasdaq.com logoFirst Midwest Bancorp Q4 Earnings Climb 10% (NASDAQ:FMBI)
www.nasdaq.com - January 27 at 1:20 PM
finance.yahoo.com logoEdited Transcript of FMBI earnings conference call or presentation 27-Jan-16 3:00pm GMT (NASDAQ:FMBI)
finance.yahoo.com - January 27 at 11:16 AM
biz.yahoo.com logoFIRST MIDWEST BANCORP INC Files SEC form 8-K, Results of Operations and Financial Condition (NASDAQ:FMBI)
biz.yahoo.com - January 27 at 6:01 AM
cnbc.com logoFirst Midwest Bancorp meets 4Q profit forecasts (NASDAQ:FMBI)
www.cnbc.com - January 26 at 8:38 PM

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First Midwest Bancorp (NASDAQ:FMBI) Chart for Saturday, August, 27, 2016


Last Updated on 8/27/2016 by MarketBeat.com Staff