FMBI - First Midwest Bancorp, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
13.87
+0.67 (+5.08%)
At close: 4:00PM EDT

13.87 0.00 (0.00%)
After hours: 4:00PM EDT

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Performance Outlook
  • Short Term
    2W - 6W
  • Mid Term
    6W - 9M
  • Long Term
    9M+
Previous Close13.20
Open13.75
Bid13.17 x 3000
Ask13.88 x 900
Day's Range13.40 - 14.17
52 Week Range10.31 - 23.64
Volume379,374
Avg. Volume801,078
Market Cap1.585B
Beta (5Y Monthly)1.29
PE Ratio (TTM)7.97
EPS (TTM)1.74
Earnings DateJul 21, 2020 - Jul 27, 2020
Forward Dividend & Yield0.56 (4.24%)
Ex-Dividend DateJun 25, 2020
1y Target Est14.50
  • Thomson Reuters StreetEvents

    Edited Transcript of FMBI earnings conference call or presentation 1-May-20 3:00pm GMT

    Q1 2020 First Midwest Bancorp Inc Earnings Call

  • GlobeNewswire

    First Midwest Bancorp, Inc. Appoints Ellen A. Rudnick as Lead Independent Director

    First Midwest Bancorp, Inc. today announced the appointment of Ellen A. Rudnick as Lead Independent Director. Ms. Rudnick succeeds J. Stephen Vanderwoude, who decided to retire as Lead Independent Director and who will continue to serve as a director of First Midwest and as a member of the Nominating and Corporate Governance and Enterprise Risk Committees. “Since becoming a director in 2005, Ellen has always provided valuable strategic insight and important contributions to our board,” said Michael L. Scudder, Chairman and Chief Executive Officer of First Midwest.

  • These bank stocks trade at discounts of up to 54% — and Wall Street loves them
    MarketWatch

    These bank stocks trade at discounts of up to 54% — and Wall Street loves them

    DEEP DIVE Economic turmoil from the coronavirus shutdown points to significant loan losses ahead for banks. But if you are confident that the U.S. economy will recover fairly quickly as states reopen, then this is the time to scoop up shares of banks that are in good overall shape and are trading at discounts to tangible book value, according to Christopher Marinac, director of research at Janney Montgomery Scott.

  • GlobeNewswire

    First Midwest Bancorp, Inc. Declares Second Quarter Cash Dividend of $0.14 Per Share

    CHICAGO, May 19, 2020 -- First Midwest Bancorp, Inc. (the “Company” or “First Midwest”), today announced that its Board of Directors declared a quarterly cash dividend on the.

  • GlobeNewswire

    First Midwest Bank and 101.9 THE MIX Announce Inspiring Women in Business Award Winners

    First Midwest Bank and 101.9 THE MIX are pleased to announce that Flavia Lamberghini, owner of Apple Dental Care in Chicago’s Logan Square neighborhood, has taken the top prize in the 2020 Inspiring Women in Business contest, a program that recognizes and celebrates women-owned businesses in the Chicago area, Quad Cities and Northwest Indiana. “There are nearly 12 million businesses owned by women in the United States, employing about 8 percent of the total private workforce and adding tremendous value to our communities and the economy,” said Cheri Rubocki, head of Branch Banking at First Midwest Bank.

  • Moody's

    First Midwest Bancorp, Inc. -- Moody's assigns a Ba1(hyb) rating to First Midwest Bancorp Preferred Stock

    Moody's Investors Service, ("Moody's") has assigned a Ba1(hyb) rating to First Midwest Bancorp, Inc. (First Midwest) preferred stock issuance. The assigned Ba1(hyb) preferred stock rating is positioned three notches below the standalone baseline credit assessment (BCA) of baa1 of First Midwest Bank, which is First Midwest's bank operating entity.

  • GlobeNewswire

    First Midwest Bancorp, Inc. Announces Pricing of $100 Million Preferred Stock Offering

    First Midwest Bancorp, Inc. (“First Midwest”) today announced that it has priced an underwritten public offering of 4,000,000 depositary shares, each representing a 1/40th ownership interest in a share of its 7.000% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A, without par value, with a liquidation preference of $1,000 per share of preferred stock (equivalent to $25 per depositary share) at an aggregate offering price of $100 million. First Midwest also has granted the underwriters a 30-day option to purchase up to an additional 600,000 depositary shares from First Midwest. First Midwest intends to use the net proceeds of the offering for general corporate purposes and will apply to list the depositary shares on the Nasdaq Stock Market under the symbol “FMBIP.”

  • GlobeNewswire

    First Midwest Bancorp, Inc. Announces Additional Information For Virtual 2020 Annual Meeting of Stockholders

    First Midwest Bancorp, Inc. (“First Midwest”) previously announced that its 2020 annual meeting of stockholders will be held in a virtual meeting format. Stockholders:  After logging into the meeting website using the password listed above, stockholders of record on the record date of March 27, 2020 should enter their 15-digit control number found on the proxy card previously distributed. Once admitted to the annual meeting, stockholders should follow the instructions on the website.

  • GlobeNewswire

    First Midwest Bancorp, Inc. Announces Change to Virtual 2020 Annual Meeting of Stockholders

    First Midwest Bancorp, Inc. (the “Company” or “First Midwest”) today announced that its 2020 Annual Meeting of Stockholders will be held in a virtual meeting format to protect the health, safety and well-being of its stockholders and colleagues during the coronavirus (COVID-19) pandemic, and taking into account related governmental directives and guidance. As such, stockholders will not be able to attend the annual meeting in person. Stockholders of record as of the close of business on March 27, 2020, the record date for the annual meeting, may attend the meeting at www.meetingcenter.io/253702787 (meeting password: FMBI2020) by logging in and entering the control number found on the proxy card previously distributed.

  • First Midwest Bancorp Inc (FMBI) Q1 2020 Earnings Call Transcript
    Motley Fool

    First Midwest Bancorp Inc (FMBI) Q1 2020 Earnings Call Transcript

    FMBI earnings call for the period ending March 31, 2020.

  • GlobeNewswire

    First Midwest Bancorp, Inc. Announces 2020 First Quarter Results

    CHICAGO, April 30, 2020 -- First Midwest Bancorp, Inc. (the "Company" or "First Midwest"), the holding company of First Midwest Bank (the "Bank") and Park Bank, today reported....

  • Reuters

    Small U.S. businesses hope second time's the charm for emergency aid

    Cheryl Wellman is one of thousands of small business owners anxious to see if she'll get a slice of the $310 billion in new emergency aid that was just released by Washington. "After what happened last time, I'm not holding my breath," said Wellman, president of Integrity Manufacturing Inc in Romeoville, Illinois, a metal-stamping company devastated by the economic slump caused by the coronavirus pandemic. The U.S. government's "Payroll Protection Program" to aid small businesses, part of an economic relief package passed by Congress that is now approaching $3 trillion, opened chaotically earlier this month and ran out of funds in less than two weeks.

  • GlobeNewswire

    First Midwest Bancorp, Inc. Announces Schedule for 2020 First Quarter Earnings Release and Conference Call

    CHICAGO, April 20, 2020 -- First Midwest Bancorp, Inc. (“First Midwest”), the holding company of First Midwest Bank and Park Bank, today announced the following schedule and.

  • Does The First Midwest Bancorp, Inc. (NASDAQ:FMBI) Share Price Fall With The Market?
    Simply Wall St.

    Does The First Midwest Bancorp, Inc. (NASDAQ:FMBI) Share Price Fall With The Market?

    If you're interested in First Midwest Bancorp, Inc. (NASDAQ:FMBI), then you might want to consider its beta (a measure...

  • Hedge Funds Are Selling First Midwest Bancorp Inc (FMBI)
    Insider Monkey

    Hedge Funds Are Selling First Midwest Bancorp Inc (FMBI)

    Coronavirus is probably the 1 concern in investors' minds right now. It should be. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW. We predicted that a US recession is imminent and US stocks will go down by at least 20% in the next 3-6 […]

  • GlobeNewswire

    FIRST MIDWEST COMMITS $2.5 MILLION IN COMMUNITY SUPPORT IN RESPONSE TO COVID-19

    First Midwest Bank today announced a $2.5 million philanthropic commitment to aid in the response to the COVID-19 pandemic. Through the First Midwest Charitable Foundation, First Midwest Bank will deploy funds in support of its community and nonprofit partners as everyone collectively works to help those disproportionately impacted by this crisis. “There is a tremendous ‘can do’ spirit within our organization and communities as all of us respond to the challenges from COVID-19,” said Michael L. Scudder, Chairman and Chief Executive Officer at First Midwest Bank.

  • How Does First Midwest Bancorp's (NASDAQ:FMBI) P/E Compare To Its Industry, After The Share Price Drop?
    Simply Wall St.

    How Does First Midwest Bancorp's (NASDAQ:FMBI) P/E Compare To Its Industry, After The Share Price Drop?

    To the annoyance of some shareholders, First Midwest Bancorp (NASDAQ:FMBI) shares are down a considerable 43% in the...

  • GlobeNewswire

    FIRST MIDWEST ANNOUNCES FINANCIAL RELIEF PROGRAMS FOR CLIENTS IMPACTED BY COVID-19

    First Midwest Bank today announced it is offering several programs and services designed to alleviate some of the financial stress and burden its clients may be facing due to the COVID-19 pandemic. “During this time of uncertainty, our mission of helping clients achieve financial success is more important than ever,” said Mark Sander, President and Chief Operating Officer of First Midwest Bank.

  • Should You Buy First Midwest Bancorp, Inc. (NASDAQ:FMBI) For Its Upcoming Dividend In 4 Days?
    Simply Wall St.

    Should You Buy First Midwest Bancorp, Inc. (NASDAQ:FMBI) For Its Upcoming Dividend In 4 Days?

    Regular readers will know that we love our dividends at Simply Wall St, which is why it's exciting to see First...

  • Insider Buying: The First Midwest Bancorp, Inc. (NASDAQ:FMBI) Chairman of the Board & CEO Just Bought US$101k Worth Of Shares
    Simply Wall St.

    Insider Buying: The First Midwest Bancorp, Inc. (NASDAQ:FMBI) Chairman of the Board & CEO Just Bought US$101k Worth Of Shares

    Investors who take an interest in First Midwest Bancorp, Inc. (NASDAQ:FMBI) should definitely note that the Chairman...

  • GlobeNewswire

    First Midwest Bancorp Completes Acquisition of Park Bank

    First Midwest Bancorp, Inc. (“First Midwest”), the holding company of First Midwest Bank, today announced that it has completed its acquisition of Bankmanagers Corp. and its wholly owned subsidiary, Park Bank. Founded in 1915, Park Bank is one of the largest independent commercial banks in the Milwaukee, Wisconsin market. As of December 31, 2019, Park Bank had approximately $1.1 billion of assets, $1.0 billion of deposits, of which 87% are core deposits, and $720 million of loans.

  • What Is First Midwest Bancorp's (NASDAQ:FMBI) P/E Ratio After Its Share Price Tanked?
    Simply Wall St.

    What Is First Midwest Bancorp's (NASDAQ:FMBI) P/E Ratio After Its Share Price Tanked?

    To the annoyance of some shareholders, First Midwest Bancorp (NASDAQ:FMBI) shares are down a considerable 30% in the...

  • GlobeNewswire

    First Midwest Bancorp, Inc. Declares First Quarter Cash Dividend of $0.14 Per Share

    CHICAGO, Feb. 27, 2020 -- First Midwest Bancorp, Inc. (the “Company” or “First Midwest”), the parent company of First Midwest Bank, today announced that its Board of Directors.

  • GlobeNewswire

    First Midwest Bancorp, Inc. Approves Stock Repurchase Program

    First Midwest Bancorp, Inc. (the “Company”) announced today that its Board of Directors has approved a new stock repurchase program that authorizes the Company to repurchase up to $200 million of its common stock. Stock repurchases under this program may be made from time to time on the open market, in privately negotiated transactions or through accelerated share repurchase programs at prices to be determined by the Company. The new stock repurchase program replaces the Company’s prior program scheduled to expire at the end of March 2020, under which the Company was authorized to repurchase up to $180 million of its common stock and has repurchased approximately $44.9 million of shares.

  • Did You Miss First Midwest Bancorp's (NASDAQ:FMBI) 18% Share Price Gain?
    Simply Wall St.

    Did You Miss First Midwest Bancorp's (NASDAQ:FMBI) 18% Share Price Gain?

    The main point of investing for the long term is to make money. Better yet, you'd like to see the share price move up...