S&P 500   4,686.75
DOW   35,719.43
QQQ   397.83
S&P 500   4,686.75
DOW   35,719.43
QQQ   397.83
S&P 500   4,686.75
DOW   35,719.43
QQQ   397.83
S&P 500   4,686.75
DOW   35,719.43
QQQ   397.83
NASDAQ:FMBI

First Midwest Bancorp Stock Forecast, Price & News

$20.08
-0.33 (-1.62%)
(As of 12/7/2021 12:00 AM ET)
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Today's Range
$19.99
$20.63
50-Day Range
$18.94
$21.34
52-Week Range
$14.92
$24.28
Volume
399,919 shs
Average Volume
678,266 shs
Market Capitalization
$2.29 billion
P/E Ratio
13.04
Dividend Yield
2.74%
Beta
1.13
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.

Headlines

First Midwest Bancorp Q3 Results Top Estimates - Quick Facts
October 19, 2021 |  markets.businessinsider.com
Preview: First Midwest Bancorp's Earnings
October 18, 2021 |  benzinga.com
See More Headlines

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

Sales & Book Value

Annual Sales
$791.97 million
Cash Flow
$1.59 per share
Book Value
$21.83 per share

Profitability

Net Income
$107.90 million
Pretax Margin
32.26%

Debt

Price-To-Earnings

Miscellaneous

Free Float
112,744,000
Market Cap
$2.29 billion
Optionable
Optionable

Company Calendar

Last Earnings
10/18/2021
Ex-Dividend
12/03/2021
Today
12/08/2021
Dividend Payable
12/15/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
1/25/2022

Social Links


MarketRank

Overall MarketRank

2.55 out of 5 stars

Finance Sector

344th out of 1,342 stocks

National Commercial Banks Industry

39th out of 108 stocks

Analyst Opinion: 2.2Community Rank: 4.5Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -












First Midwest Bancorp (NASDAQ:FMBI) Frequently Asked Questions

Is First Midwest Bancorp a buy right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for First Midwest Bancorp in the last year. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" First Midwest Bancorp stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FMBI, but not buy additional shares or sell existing shares.
View analyst ratings for First Midwest Bancorp
or view top-rated stocks.

How has First Midwest Bancorp's stock price been impacted by COVID-19?

First Midwest Bancorp's stock was trading at $14.67 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, FMBI stock has increased by 36.9% and is now trading at $20.08.
View which stocks have been most impacted by COVID-19
.

When is First Midwest Bancorp's next earnings date?

First Midwest Bancorp is scheduled to release its next quarterly earnings announcement on Tuesday, January 25th 2022.
View our earnings forecast for First Midwest Bancorp
.

How were First Midwest Bancorp's earnings last quarter?

First Midwest Bancorp, Inc. (NASDAQ:FMBI) posted its quarterly earnings data 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 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 8.33% and a net margin of 24.54%. During the same period in the prior year, the business earned $0.33 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 announced 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 dividend yield of 2.79%. The ex-dividend date 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 2.74%. First Midwest Bancorp does not yet have a strong track record of dividend growth. 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?

3 Wall Street analysts have issued 12-month price targets for First Midwest Bancorp's shares. Their forecasts range from $22.00 to $24.00. On average, they anticipate First Midwest Bancorp's stock price to reach $22.89 in the next twelve months. This suggests a possible upside of 14.0% 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 many different retail and institutional investors. Top institutional investors include BlackRock Inc. (14.70%), Fuller & Thaler Asset Management Inc. (9.49%), Dimensional Fund Advisors LP (6.34%), Pzena Investment Management LLC (3.17%), Wellington Management Group LLP (2.96%) and Geode Capital Management LLC (1.58%). 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 institutional investors are selling First Midwest Bancorp stock?

FMBI stock was sold by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Healthcare of Ontario Pension Plan Trust Fund, Macquarie Group Ltd., Dimensional Fund Advisors LP, Hotchkis & Wiley Capital Management LLC, Wellington Management Group LLP, Citigroup Inc., and Geode Capital Management LLC.
View insider buying and selling activity for First Midwest Bancorp
or view top insider-selling stocks.

Which institutional investors are buying First Midwest Bancorp stock?

FMBI stock was purchased by a variety of institutional investors in the last quarter, including Fuller & Thaler Asset Management Inc., CNH Partners LLC, Millennium Management LLC, Deutsche Bank AG, Two Sigma Advisers LP, SG Americas Securities LLC, Keebeck Alpha LP, and IndexIQ Advisors LLC. Company insiders that have bought First Midwest Bancorp stock in the last two years include Frank Blaise Modruson, Kevin P Geoghegan, Mark G Sander, Michael Small, Phupinder Gill, and R Douglas Rose.
View insider buying and selling activity for First Midwest Bancorp
or or view top insider-buying 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 $20.08.

How much money does First Midwest Bancorp make?

First Midwest Bancorp has a market capitalization of $2.29 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 12/8/2021 by MarketBeat.com Staff

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