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S&P 500   4,122.47
DOW   32,774.41
QQQ   317.08
Are Medtronic And Intuitive Surgical Poised For Big Growth?
Economic and National Security Threats Create Lithium Bonanza (Ad)
'The Sacrifice Zone': Myanmar bears cost of green energy
Is Sofi Financial Stock Finally Ready to Pay Off for Investors?
Ralph Lauren Is A Retail Stock You Can Buy And Hold
Economic and National Security Threats Create Lithium Bonanza (Ad)
Closing prices for crude oil, gold and other commodities
Learning from failures: How Biden scored win on climate plan
Most electric vehicles won't qualify for federal tax credit
Investor Alert: Argentina Loaded With "White Gold" Opportunity (Ad)
S&P 500   4,122.47
DOW   32,774.41
QQQ   317.08
Are Medtronic And Intuitive Surgical Poised For Big Growth?
Economic and National Security Threats Create Lithium Bonanza (Ad)
'The Sacrifice Zone': Myanmar bears cost of green energy
Is Sofi Financial Stock Finally Ready to Pay Off for Investors?
Ralph Lauren Is A Retail Stock You Can Buy And Hold
Economic and National Security Threats Create Lithium Bonanza (Ad)
Closing prices for crude oil, gold and other commodities
Learning from failures: How Biden scored win on climate plan
Most electric vehicles won't qualify for federal tax credit
Investor Alert: Argentina Loaded With "White Gold" Opportunity (Ad)
S&P 500   4,122.47
DOW   32,774.41
QQQ   317.08
Are Medtronic And Intuitive Surgical Poised For Big Growth?
Economic and National Security Threats Create Lithium Bonanza (Ad)
'The Sacrifice Zone': Myanmar bears cost of green energy
Is Sofi Financial Stock Finally Ready to Pay Off for Investors?
Ralph Lauren Is A Retail Stock You Can Buy And Hold
Economic and National Security Threats Create Lithium Bonanza (Ad)
Closing prices for crude oil, gold and other commodities
Learning from failures: How Biden scored win on climate plan
Most electric vehicles won't qualify for federal tax credit
Investor Alert: Argentina Loaded With "White Gold" Opportunity (Ad)
NASDAQ:FMBI

First Midwest Bancorp - FMBI Stock Forecast, Price & News

Notice: This company has been marked as potentially delisted and may not be actively trading.
Add
Compare
Today's Range
$21.51
$21.51
50-Day Range
$20.81
$21.51
52-Week Range
$17.41
$24.28
Volume
1 shs
Average Volume
676,974 shs
Market Capitalization
$2.46 billion
P/E Ratio
13.44
Dividend Yield
2.60%
Price Target
$23.84

First Midwest Bancorp MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
10.8% Upside
$23.84 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.89 out of 5 stars

Finance Sector

699th out of 885 stocks

National Commercial Banks Industry

69th out of 84 stocks

FMBI stock logo

About First Midwest Bancorp (NASDAQ:FMBI) Stock

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.

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FMBI Stock News Headlines

Old National and First Midwest Complete Merger of Equals
Annex Advisory Services, LLC Buys Avantis U.S. ...
FMBI: Raising target price to $23.00
First Midwest Bancorp Q3 Results Top Estimates - Quick Facts
See More Headlines

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FMBI Company Calendar

Last Earnings
10/18/2021
Today
8/10/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
National commercial banks
Sub-Industry
Regional Banks
Sector
Finance
Current Symbol
NASDAQ:FMBI
CUSIP
32086710
Employees
2,074
Year Founded
1982

Price Target and Rating

Average Stock Price Forecast
$23.84
High Stock Price Forecast
$25.00
Low Stock Price Forecast
$22.67
Forecasted Upside/Downside
+10.8%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$199.56 million
Pretax Margin
34.34%

Debt

Sales & Book Value

Annual Sales
$789.56 million
Cash Flow
$1.65 per share
Book Value
$24.02 per share

Miscellaneous

Free Float
112,744,000
Market Cap
$2.46 billion
Optionable
Optionable
Beta
1.09

Social Links


Key Executives

  • 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













FMBI Stock - Frequently Asked Questions

Should I buy or sell First Midwest Bancorp stock right now?

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

What is First Midwest Bancorp's stock price forecast for 2022?

2 equities research analysts have issued twelve-month price objectives for First Midwest Bancorp's shares. Their FMBI share price forecasts range from $22.67 to $25.00. On average, they anticipate the company's share price to reach $23.84 in the next twelve months. This suggests a possible upside of 10.8% from the stock's current price.
View analysts price targets for FMBI
or view top-rated stocks among Wall Street analysts.

How were First Midwest Bancorp's earnings last quarter?

First Midwest Bancorp, Inc. (NASDAQ:FMBI) released its quarterly earnings results on Monday, October, 18th. The financial services provider reported $0.44 earnings per share (EPS) for the quarter, topping the consensus estimate 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 trailing twelve-month return on equity of 8.19% and a net margin of 25.27%. During the same period in the previous year, the business earned $0.33 EPS.

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. Stockholders of record on Monday, December 6th will be paid a dividend of $0.14 per share on Wednesday, December 15th. This represents a $0.56 annualized dividend and a yield of 2.60%. The ex-dividend date of this dividend is Friday, December 3rd.
Read our dividend analysis for FMBI
.

Is First Midwest Bancorp a good dividend stock?

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.

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

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.

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."

What is First Midwest Bancorp's stock price today?

One share of FMBI stock can currently be purchased for approximately $21.51.

How much money does First Midwest Bancorp make?

First Midwest Bancorp (NASDAQ:FMBI) has a market capitalization of $2.46 billion and generates $789.56 million in revenue each year. The financial services provider earns $199.56 million in net income (profit) each year or $1.60 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.

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 official website for the company is www.firstmidwest.com. The financial services provider can be reached via phone at (708) 831-7483, via email at investor.relations@firstmidwest.com, or via fax at 630-875-7474.

This page (NASDAQ:FMBI) was last updated on 8/10/2022 by MarketBeat.com Staff

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