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: $24.64
  • 50 Day Moving Average: $24.58
  • 200 Day Moving Average: $21.74
  • 52-Week Range: $81,324,000.00 - $15.64
  • Trailing P/E Ratio: 21.61
  • Foreward P/E Ratio: 14.93
  • P/E Growth: 2.43
  • Market Cap: $2.00B
  • Outstanding Shares: 81,324,000
  • Beta: 1.22
Profitability:
  • Net Margins: 17.08%
  • Return on Equity: 7.79%
  • Return on Assets: 0.87%
Debt:
  • Debt-to-Equity Ratio: 0.85%
  • Current Ratio: 0.96%
  • Quick Ratio: 0.94%
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: $21.50 (12.74% downside)

Analysts' Ratings History for First Midwest Bancorp (NASDAQ:FMBI)
Show:
DateFirmActionRatingPrice TargetDetails
12/20/2016SunTrust Banks, Inc.Initiated CoverageBuy$28.00View Rating Details
12/11/2016Jefferies Group LLCReiterated RatingBuy$28.00View Rating Details
10/12/2016Keefe, Bruyette & WoodsReiterated RatingMarket PerformView Rating Details
6/30/2016MacquarieUpgradeNeutral -> OutperformView Rating Details
6/12/2016Sterne Agee CRTInitiated CoverageHoldView Rating Details
6/10/2016Piper Jaffray CompaniesInitiated 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
10/9/2015StephensInitiated CoverageOverweightView Rating Details
3/9/2015Miller TabakUpgradeHold -> BuyView Rating Details
3/2/2015FIG PartnersDowngradeOutperform -> Market PerformView Rating Details
(Data available from 2/19/2015 forward)

Earnings

Earnings History for First Midwest Bancorp (NASDAQ:FMBI)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/17/2017        
1/24/2017Q416$0.32$0.32$133.56 millionViewN/AView Earnings Details
10/18/2016Q3$0.32$0.32$131.85 millionViewN/AView Earnings Details
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: $1.45 EPS
Next Year EPS Consensus Estimate: $1.65 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 20174$0.31$0.35$0.34
Q2 20174$0.34$0.36$0.35
Q3 20174$0.35$0.40$0.37
Q4 20174$0.35$0.39$0.37
Q1 20181$0.37$0.37$0.37
Q2 20181$0.40$0.40$0.40
Q3 20181$0.42$0.42$0.42
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for First Midwest Bancorp (NASDAQ:FMBI)
Annual Dividend:$0.36
Dividend Yield:1.46%
Payout Ratio:31.58% (Based on Trailing 12 Months of Earnings)
24.83% (Based on Current Year Consensus EPS Estimate)
21.82% (Based on Next Year Consensus EPS Estimate)

Dividend History for First Midwest Bancorp (NASDAQ:FMBI)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
11/17/2016quarterly$0.091.5%12/21/201612/23/20161/10/2017
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)
Insider Ownership Percentage: 2.48%
Institutional Ownership Percentage: 81.17%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
2/8/2017Robert P. DiedrichEVPSell7,673$23.70$181,850.10View SEC Filing  
12/8/2016Robert P OmearaDirectorSell3,383$24.52$82,951.16View SEC Filing  
11/30/2016Robert P OmearaDirectorSell100,000$24.19$2,419,000.00View SEC Filing  
11/29/2016Robert P OmearaDirectorSell44,800$24.14$1,081,472.00View SEC Filing  
11/28/2016Robert P OmearaDirectorSell20,200$24.08$486,416.00View SEC Filing  
10/27/2016Kathryn HayleyDirectorBuy16,000$19.40$310,400.00View SEC Filing  
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
News IconEVP, Wealth Management of First Midwest Bancorp (NASDAQ:FMBI), Diedrich Robert P, sells 7,673 shares worth $181,850 (NASDAQ:FMBI)
empowerednews.net - February 10 at 5:48 PM
capitalcube.com logoFirst Midwest Bancorp, Inc. (Illinois) : FMBI-US: Dividend Analysis : December 23rd, 2016 (record date) : By the numbers : February 7, 2017 (NASDAQ:FMBI)
www.capitalcube.com - February 7 at 6:28 PM
News IconMB Real Estate brokers deal to bring First Midwest Bancorp HQ to Chicago (NASDAQ:FMBI)
www.rejournals.com - February 6 at 5:18 PM
capitalcube.com logoETFs with exposure to First Midwest Bancorp, Inc. (Illinois) : February 2, 2017 (NASDAQ:FMBI)
www.capitalcube.com - February 2 at 5:47 PM
seekingalpha.com logoFirst Midwest Bancorp's (FMBI) CEO Michael Scudder on Q4 2016 Results - Earnings Call Transcript (NASDAQ:FMBI)
seekingalpha.com - January 27 at 7:00 PM
capitalcube.com logoFirst Midwest Bancorp, Inc. (Illinois) :FMBI-US: Earnings Analysis: Q4, 2016 By the Numbers : January 26, 2017 (NASDAQ:FMBI)
www.capitalcube.com - January 26 at 6:43 PM
finance.yahoo.com logoEdited Transcript of FMBI earnings conference call or presentation 25-Jan-17 4:00pm GMT (NASDAQ:FMBI)
finance.yahoo.com - January 26 at 12:08 AM
rttnews.com logoFirst Midwest Bancorp Bottom Line Rises 28% In Q4 (NASDAQ:FMBI)
www.rttnews.com - January 24 at 10:55 PM
streetinsider.com logoForm 4 FIRST MIDWEST BANCORP For: Jan 20 Filed by: Boylan Jo Ann (NASDAQ:FMBI)
www.streetinsider.com - January 24 at 10:55 PM
sg.finance.yahoo.com logoFirst Midwest Bancorp misses Street 4Q forecasts (NASDAQ:FMBI)
sg.finance.yahoo.com - January 24 at 10:55 PM
biz.yahoo.com logoQ4 2016 First Midwest Bancorp Inc Earnings Release - After Market Close (NASDAQ:FMBI)
biz.yahoo.com - January 24 at 5:54 PM
finance.yahoo.com logoWhy Earnings Season Could Be Great for First Midwest (FMBI) (NASDAQ:FMBI)
finance.yahoo.com - January 20 at 6:35 PM
capitalcube.com logoFirst Midwest Bancorp, Inc. (Illinois) breached its 50 day moving average in a Bearish Manner : FMBI-US : January 18, 2017 (NASDAQ:FMBI)
www.capitalcube.com - January 18 at 5:42 PM
capitalcube.com logoFirst Midwest Bancorp, Inc. (Illinois) breached its 50 day moving average in a Bearish Manner : FMBI-US : January 18, 2017 (NASDAQ:FMBI)
www.capitalcube.com - January 18 at 5:42 PM
streetinsider.com logoForm 8-K FIRST MIDWEST BANCORP For: Jan 06 (NASDAQ:FMBI)
www.streetinsider.com - January 13 at 3:34 AM
biz.yahoo.com logoFIRST MIDWEST BANCORP INC Files SEC form 8-K, Completion of Acquisition or Disposition of Assets, Financial Statement (NASDAQ:FMBI)
biz.yahoo.com - January 12 at 5:32 PM
investopedia.com logoFirst Midwest Completes Standard Deal (FMBI) (NASDAQ:FMBI)
www.investopedia.com - January 10 at 6:13 PM
finance.yahoo.com logoFirst Midwest Bancorp, Inc. Completes Acquisition of Standard Bank & Trust Company (NASDAQ:FMBI)
finance.yahoo.com - January 9 at 6:05 PM
publicnow.com logoFirst Midwest Bancorp, Inc. Announces Schedule for 2016 Fourth Quarter and Full Year Earnings Release and Conference Call (NASDAQ:FMBI)
www.publicnow.com - January 6 at 5:47 PM
News IconItasca-Based First Midwest Bank Moving Offices To O'Hare Area (NASDAQ:FMBI)
www.journal-topics.com - January 5 at 6:10 PM
finance.yahoo.com logoZacks.com featured highlights: Morgan Stanley, UMB Financial, Wintrust Financial, First Midwest Bancorp and State Street (NASDAQ:FMBI)
finance.yahoo.com - January 5 at 6:10 PM
finance.yahoo.com logo7 Stocks with Solid Sales Growth to Buy for 2017 (NASDAQ:FMBI)
finance.yahoo.com - January 4 at 6:23 PM
News IconFirst Midwest to move HQ out of Itasca, to O'Hare corridor (NASDAQ:FMBI)
www.dailyherald.com - January 3 at 7:27 PM
publicnow.com logoFirst Midwest Bancorp, Inc. to Move Headquarters to Chicago (NASDAQ:FMBI)
www.publicnow.com - January 3 at 7:27 PM
News IconFirst Midwest Bancorp, Inc. (NASDAQ:FMBI) announced the appointment of CFO (NASDAQ:FMBI)
www.xboxonezone.com - December 24 at 5:04 PM
us.rd.yahoo.com logo3:18 pm First Midwest Banc names Patrick S. Barrett as CFO effective January 5 (NASDAQ:FMBI)
us.rd.yahoo.com - December 21 at 6:07 PM
publicnow.com logoFirst Midwest Bancorp, Inc. Appoints New Chief Financial Officer to Start in January 2017 (NASDAQ:FMBI)
www.publicnow.com - December 21 at 6:07 PM
nasdaq.com logoFirst Midwest Bancorp, Inc. (FMBI) Ex-Dividend Date Scheduled for December 21 ... (NASDAQ:FMBI)
www.nasdaq.com - December 20 at 8:44 PM
4-traders.com logoFIRST MIDWEST BANCORP INC : ex-dividend day (NASDAQ:FMBI)
www.4-traders.com - December 20 at 8:44 PM
insidermonkey.com logoIs First Midwest Bancorp Inc (FMBI) a Good Stock to Buy? (NASDAQ:FMBI)
www.insidermonkey.com - December 13 at 11:14 AM
finance.yahoo.com logoFirst Midwest Bank Expands Healthcare Group With New Hires (NASDAQ:FMBI)
finance.yahoo.com - December 8 at 5:51 PM
biz.yahoo.com logoFIRST MIDWEST BANCORP INC Files SEC form 8-K, Submission of Matters to a Vote of Security Holders, Other Events (NASDAQ:FMBI)
biz.yahoo.com - December 6 at 5:25 PM
News IconDirector of First Midwest Bancorp (NASDAQ:FMBI), Omeara Robert P, sells 20,200 shares worth $486,416 (NASDAQ:FMBI)
empowerednews.net - November 30 at 10:19 PM
News IconNotable Insider Reporting: First Midwest Bancorp Inc (NASDAQ:FMBI)’s director Robert Omeara Unloaded 100,000 Shares of the Company (NASDAQ:FMBI)
www.whatsonthorold.com - November 30 at 10:19 PM
News IconFirst Midwest reinvests in its future (NASDAQ:FMBI)
www.dhbusinessledger.com - November 29 at 5:13 PM
finance.yahoo.com logoFirst Midwest Bancorp, Inc. Declares Fourth Quarter Cash Dividend of $0.09 Per Share (NASDAQ:FMBI)
finance.yahoo.com - November 17 at 4:33 PM
biz.yahoo.com logoFIRST MIDWEST BANCORP INC Files SEC form 8-K, Regulation FD Disclosure (NASDAQ:FMBI)
biz.yahoo.com - November 17 at 8:03 AM
finance.yahoo.com logoFIRST MIDWEST BANCORP INC Financials (NASDAQ:FMBI)
finance.yahoo.com - November 16 at 5:16 PM
finance.yahoo.com logo11:37 am First Midwest Banc receives approval from the Federal Reserve to acquire Standard Bancshares and its wholly-owned subsidiary Standard Bank and Trust Company (NASDAQ:FMBI)
finance.yahoo.com - November 15 at 5:33 PM
publicnow.com logoFirst Midwest Bancorp, Inc. Receives Federal Reserve Approval for Acquisition of Standard Bank and Trust Company (NASDAQ:FMBI)
www.publicnow.com - November 15 at 5:33 PM
biz.yahoo.com logoFIRST MIDWEST BANCORP INC Files SEC form 8-K, Other Events (NASDAQ:FMBI)
biz.yahoo.com - November 15 at 5:33 PM
mysmartrend.com logoShares of FMBI Up 27.7% Since Uptrend Call on Shares (NASDAQ:FMBI)
www.mysmartrend.com - November 15 at 8:20 AM
capitalcube.com logoFirst Midwest Bancorp, Inc. (Illinois) :FMBI-US: Earnings Analysis: Q3, 2016 By the Numbers : November 14, 2016 (NASDAQ:FMBI)
www.capitalcube.com - November 14 at 5:17 PM
4-traders.com logoFirst Midwest Bancorp : Federal Reserve Board announces approval of application by First Midwest Bancorp, Inc (NASDAQ:FMBI)
www.4-traders.com - November 11 at 4:32 PM
capitalcube.com logoETF’s with exposure to First Midwest Bancorp, Inc. (Illinois) : November 9, 2016 (NASDAQ:FMBI)
www.capitalcube.com - November 9 at 4:35 PM
capitalcube.com logoFirst Midwest Bancorp, Inc. (Illinois) breached its 50 day moving average in a Bullish Manner : FMBI-US : November 8, 2016 (NASDAQ:FMBI)
www.capitalcube.com - November 8 at 4:17 PM
capitalcube.com logoFirst Midwest Bancorp, Inc. (Illinois) breached its 50 day moving average in a Bullish Manner : FMBI-US : November 8, 2016 (NASDAQ:FMBI)
www.capitalcube.com - November 8 at 4:17 PM
biz.yahoo.com logoFIRST MIDWEST BANCORP INC Files SEC form 10-Q, Quarterly Report (NASDAQ:FMBI)
biz.yahoo.com - November 4 at 10:01 PM
capitalcube.com logoFirst Midwest Bancorp, Inc. (Illinois) breached its 50 day moving average in a Bearish Manner : FMBI-US : October 26, 2016 (NASDAQ:FMBI)
www.capitalcube.com - October 26 at 5:04 PM
capitalcube.com logoFirst Midwest Bancorp, Inc. (Illinois) : FMBI-US: Dividend Analysis : September 30th, 2016 (record date) : By the numbers : October 21, 2016 (NASDAQ:FMBI)
www.capitalcube.com - October 21 at 5:06 PM

Social

What is First Midwest Bancorp's stock symbol?

First Midwest Bancorp trades on the NASDAQ under the ticker symbol "FMBI."

How often does First Midwest Bancorp pay dividends? What is the dividend yield for First Midwest Bancorp?

First Midwest Bancorp declared a quarterly dividend on Thursday, November 17th. Investors of record on Friday, December 23rd will be paid a dividend of $0.09 per share on Tuesday, January 10th. This represents a $0.36 annualized dividend and a yield of 1.46%. The ex-dividend date is Wednesday, December 21st.

Where is First Midwest Bancorp's stock going? Where will First Midwest Bancorp's stock price be in 2017?

9 analysts have issued twelve-month price objectives for First Midwest Bancorp's stock. Their forecasts range from $18.00 to $28.00. On average, they anticipate First Midwest Bancorp's share price to reach $21.50 in the next twelve months.

When will First Midwest Bancorp announce their earnings?

First Midwest Bancorp is scheduled to release their next quarterly earnings announcement on Monday, April, 17th 2017.

Who owns First Midwest Bancorp stock?

First Midwest Bancorp's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (8.40%), State Street Corp (2.89%), Skyline Asset Management LP (1.37%), Thrivent Financial for Lutherans (0.85%), Denver Investment Advisors LLC (0.77%) and Renaissance Technologies LLC (0.66%). Company insiders that own First Midwest Bancorp stock include Kathryn Hayley, Robert P Diedrich, Robert P Omeara and Thomas M Prame.

Who sold First Midwest Bancorp stock? Who is selling First Midwest Bancorp stock?

First Midwest Bancorp's stock was sold by a variety of institutional investors in the last quarter, including Guggenheim Capital LLC, Dimensional Fund Advisors LP, Denver Investment Advisors LLC, Cipher Capital LP, Systematic Financial Management LP, Maltese Capital Management LLC, Skyline Asset Management LP and Thrivent Financial for Lutherans. Company insiders that have sold First Midwest Bancorp stock in the last year include Robert P Diedrich and Robert P Omeara.

Who bought First Midwest Bancorp stock? Who is buying First Midwest Bancorp stock?

First Midwest Bancorp's stock was acquired by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., State Street Corp, Renaissance Technologies LLC, A.R.T. Advisors LLC, Trexquant Investment LP, Waratah Capital Advisors Ltd., Endeavour Capital Advisors Inc. and Federated Investors Inc. PA. Company insiders that have bought First Midwest Bancorp stock in the last two years include Kathryn Hayley and Thomas M Prame.

How do I buy First Midwest Bancorp stock?

Shares of First Midwest Bancorp can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of First Midwest Bancorp stock cost?

One share of First Midwest Bancorp stock can currently be purchased for approximately $24.64.

First Midwest Bancorp (NASDAQ:FMBI) Chart for Sunday, February, 19, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for First Midwest Bancorp (NASDAQ:FMBI)

Earnings History Chart

Earnings by Quarter for First Midwest Bancorp (NASDAQ:FMBI)

Dividend History Chart

Dividend Payments by Quarter for First Midwest Bancorp (NASDAQ:FMBI)

Last Updated on 2/19/2017 by MarketBeat.com Staff