S&P 500   4,577.11
DOW   35,368.47
QQQ   370.55
S&P 500   4,577.11
DOW   35,368.47
QQQ   370.55
S&P 500   4,577.11
DOW   35,368.47
QQQ   370.55
S&P 500   4,577.11
DOW   35,368.47
QQQ   370.55

First Midwest Bancorp Stock Forecast, Price & News

-0.21 (-0.93%)
(As of 01/18/2022 12:00 AM ET)
Today's Range
50-Day Range
52-Week Range
803,138 shs
Average Volume
603,158 shs
Market Capitalization
$2.55 billion
P/E Ratio
Dividend Yield
30 days | 90 days | 365 days | Advanced Chart
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First Midwest Bancorp logo

About First Midwest Bancorp

First Midwest Bancorp, Inc. is a bank holding company, which engages in the provision of commercial and retail banking services. It offers a full range of commercial, retail, treasury management, and wealth management products and services to commercial and industrial, agricultural, commercial real estate, municipal, and consumer customers. The company was founded in 1982 and is headquartered in Chicago, IL.


See More Headlines

Industry, Sector and Symbol

National commercial banks
Regional Banks
Current Symbol
Year Founded

Sales & Book Value

Annual Sales
$791.97 million
Cash Flow
$1.59 per share
Book Value
$21.52 per share


Net Income
$107.90 million
Pretax Margin




Free Float
Market Cap
$2.55 billion

Company Calendar

Ex-Dividend for 12/15 Dividend
Dividend Payable
Last Earnings
Fiscal Year End

Social Links


Overall MarketRank

2.11 out of 5 stars

Finance Sector

570th out of 1,349 stocks

National Commercial Banks Industry

57th out of 108 stocks

Analyst Opinion: 1.3Community Rank: 4.5Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 0.6 5 -4 -3 -2 -1 -

First Midwest Bancorp (NASDAQ:FMBI) Frequently Asked Questions

Is First Midwest Bancorp a buy right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for First Midwest Bancorp in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" First Midwest Bancorp stock.
View analyst ratings for First Midwest Bancorp
or view top-rated stocks.

How has First Midwest Bancorp's stock been impacted by COVID-19 (Coronavirus)?

First Midwest Bancorp's stock was trading at $14.67 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, FMBI stock has increased by 52.3% and is now trading at $22.34.
View which stocks have been most impacted by COVID-19

How were First Midwest Bancorp's earnings last quarter?

First Midwest Bancorp, Inc. (NASDAQ:FMBI) posted its quarterly earnings results on Tuesday, January, 18th. The financial services provider reported $0.39 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.44 by $0.05. First Midwest Bancorp had a trailing twelve-month return on equity of 8.33% and a net margin of 24.54%. During the same period in the prior year, the business posted $0.43 EPS.
View First Midwest Bancorp's earnings history

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 Wednesday, November 17th. Investors of record on Monday, December 6th will be given a dividend of $0.14 per share on Wednesday, December 15th. This represents a $0.56 dividend on an annualized basis and a yield of 2.51%. The ex-dividend date of this dividend is Friday, December 3rd.
View First Midwest Bancorp's dividend history

Is First Midwest Bancorp a good dividend stock?

First Midwest Bancorp pays an annual dividend of $0.56 per share and currently has a dividend yield of 2.48%. The dividend payout ratio of First Midwest Bancorp is 36.36%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, First Midwest Bancorp will have a dividend payout ratio of 37.33% next year. This indicates that First Midwest Bancorp will be able to sustain or increase its dividend.
View First Midwest Bancorp's dividend history.

What price target have analysts set for FMBI?

4 equities research analysts have issued 1-year target prices for First Midwest Bancorp's stock. Their forecasts range from $22.00 to $25.00. On average, they expect First Midwest Bancorp's share price to reach $23.42 in the next year. This suggests a possible upside of 4.8% from the stock's current price.
View analysts' price targets for First Midwest Bancorp
or view top-rated stocks among Wall Street analysts.

Who are First Midwest Bancorp's key executives?

First Midwest Bancorp's management team includes the following people:
  • Michael L. Scudder, Chairman & Chief Executive Officer
  • Mark G. Sander, President, Chief Operating Officer & Director
  • Jo Ann Boylan, Chief Information & Operations Officer, EVP
  • Patrick Sean Barrett, Chief Financial Officer & Executive Vice President
  • James P. Hotchkiss, Treasurer & Executive Vice President

What is Michael L. Scudder's approval rating as First Midwest Bancorp's CEO?

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

What other stocks do shareholders of First Midwest Bancorp own?

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 (LLY), Main Street Capital (MAIN), QUALCOMM (QCOM), General Motors (GM), NVIDIA (NVDA), People's United Financial (PBCT) and Tapestry (TPR).

What is First Midwest Bancorp's stock symbol?

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

Who are First Midwest Bancorp's major shareholders?

First Midwest Bancorp's stock is owned by a variety of retail and institutional investors. Top institutional investors include Providence Wealth Advisors LLC (0.13%) and State of Alaska Department of Revenue (0.07%). Company insiders that own First Midwest Bancorp stock include Frank Blaise Modruson, Kevin P Geoghegan, Mark G Sander, Michael Small, Phupinder Gill and R Douglas Rose.
View institutional ownership trends for First Midwest Bancorp

Which major investors are selling First Midwest Bancorp stock?

FMBI stock was sold by a variety of institutional investors in the last quarter, including Providence Wealth Advisors LLC, and State of Alaska Department of Revenue.
View insider buying and selling activity for First Midwest Bancorp
or view top insider-selling stocks.

How do I buy shares of First Midwest Bancorp?

Shares of FMBI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is First Midwest Bancorp's stock price today?

One share of FMBI stock can currently be purchased for approximately $22.34.

How much money does First Midwest Bancorp make?

First Midwest Bancorp has a market capitalization of $2.55 billion and generates $791.97 million in revenue each year. The financial services provider earns $107.90 million in net income (profit) each year or $1.54 on an earnings per share basis.

How many employees does First Midwest Bancorp have?

First Midwest Bancorp employs 2,074 workers across the globe.

When was First Midwest Bancorp founded?

First Midwest Bancorp was founded in 1982.

What is First Midwest Bancorp's official website?

The official website for First Midwest Bancorp is www.firstmidwest.com.

Where are First Midwest Bancorp's headquarters?

First Midwest Bancorp is headquartered at 8750 WEST BRYN MAWR AVENUE SUITE 1300, CHICAGO IL, 60631.

How can I contact First Midwest Bancorp?

First Midwest Bancorp's mailing address is 8750 WEST BRYN MAWR AVENUE SUITE 1300, CHICAGO IL, 60631. The financial services provider can be reached via phone at (708) 831-7483, via email at [email protected], or via fax at 630-875-7474.

This page was last updated on 1/19/2022 by MarketBeat.com Staff


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