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FMBI

First Midwest Bancorp, Inc.

Financial Services

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Price alert · FMBI

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21.51 0.00 0.00%
As of Apr 24, 2025
20.87 Day range 21.30

52-week range unavailable

Open
21.16
Prev close
21.51
Mkt cap
2.45B
Vol
667.65K
Avg vol
0
EPS
0.00
P/E
0.00
Div yield
2.60%
More statistics
Low
20.87
High
21.30
Forward P/E
13.53
Beta
1.10
Short ratio
5.89
Inst. own
83.05%
Dividend
0.56
Ex-div date
Dec 2, 2021
Earnings
Jan 18, 2022
50-d avg
20.91
200-d avg
19.86
1y target
24.63

2Y chart

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Key statistics

Market cap
2.45B
Enterprise value
1.86B
Trailing P/E
13.44
Forward P/E
13.53
PEG ratio
2.02
Price / sales
3.28
Price / book
0.90
EPS (TTM)
1.60
Beta
1.10
Dividend yield
2.60%
Payout ratio
35.00%
Profit margin
26.68%
Revenue (TTM)
747.93M
Revenue growth
12.60%
Free cash flow
0
Total cash
2.12B
Total debt
1.53B
Return on equity
7.35%
Shares outstanding
114.13M
Short % of float
4.25%
50-day average
20.91
200-day average
19.86

Analyst view

Consensus: hold

Hold
Price target (mean) 24.63 +14.5% upside
Target (low)
21.00
Target (mean)
24.63
Target (high)
27.20
Ratings (0m) 10 4 buy · 6 hold · 0 sell
  • Strong buy2
  • Buy2
  • Hold6
  • Sell0
  • Strong sell0

Next earnings

Jan 18, 2022

Expected Jan 18, 2022. Consensus EPS estimate 0.36.

Earnings history

Financials — quick view

All financials
FMBI Revenue — quarterly 190.38M
2017-Q4 20172018-Q1 20182018-Q2 20182018-Q3 20182018-Q4 20182019-Q1 20192019-Q2 20192019-Q3 20192019-Q4 20192020-Q1 20202020-Q2 20202020-Q3 20202020-Q4 20202021-Q1 20212021-Q2 20212021-Q3 2021
FMBI Net income — quarterly 54.86M
2017-Q4 20172018-Q1 20182018-Q2 20182018-Q3 20182018-Q4 20182019-Q1 20192019-Q2 20192019-Q3 20192019-Q4 20192020-Q1 20202020-Q2 20202020-Q3 20202020-Q4 20202021-Q1 20212021-Q2 20212021-Q3 2021
FMBI EPS — quarterly 0.45
2017-Q4 20172018-Q1 20182018-Q2 20182018-Q3 20182018-Q4 20182019-Q1 20192019-Q2 20192019-Q3 20192019-Q4 20192020-Q1 20202020-Q2 20202020-Q3 20202020-Q4 20202021-Q1 20212021-Q2 20212021-Q3 2021

Earnings

FMBI recent earnings
Report dateQuarter endingEPS estimateEPS reportedSurpriseSurprise %
Jan 18, 2022Dec 1, 20210.44———
Oct 19, 2021Sep 1, 20210.43———
Jul 20, 2021Jun 1, 20210.37———
Apr 20, 2021Mar 1, 20210.37———
Jan 26, 2021Dec 1, 20200.29———
Oct 20, 2020Sep 1, 20200.22———

Upgrades / downgrades

FMBI analyst upgrades and downgrades
DateFirmActionFromTo
Dec 20, 2021Keefe, Bruyette & WoodsupMarket PerformOutperform
Aug 17, 2021Piper SandlerupNeutralOverweight
Jun 2, 2021Raymond JamesdownOutperformMarket Perform
Apr 21, 2021Stephens & Co.downOverweightEqual-Weight
Mar 8, 2021Raymond Jamesmain—Outperform
Jan 28, 2021Raymond Jamesmain—Outperform

About First Midwest Bancorp, Inc.

First Midwest Bancorp, Inc. operates as the bank holding company for First Midwest Bank that provides various banking products and services. The company accepts checking, NOW, money market, and savings accounts, as well as various types of short-term and long-term certificates of deposit. Its loan products include working capital needs; accounts receivable financing; inventory and equipment financing; sector-based lending, including healthcare, asset-based lending, structured finance, and syndications; agricultural loans; and mortgages, home equity lines and loans, personal loans, specialty loans, and consumer secured and unsecured loans, as well as funding for the construction, purchase, refinance, or improvement of commercial real estate properties. In addition, the company offers treasury management products and services comprising automated clearing house collection, lockbox, remote deposit capture, and financial electronic data interchange; wire transfer, account reconciliation, controlled disbursement, direct deposit, and positive pay services; information reporting services; corporate credit cards; and liquidity management, fraud prevention, and merchant services. Further, it provides fiduciary and executor, financial planning, investment advisory, employee benefit plan, and private banking services to corporate and public retirement plans, foundations and endowments, high net worth individuals, and multi-employer trust funds. Additionally, the company offers debit and automated teller machine (ATM), and credit cards; internet and mobile, and telephone banking services; and financial education services. The company operates 115 locations and 184 ATMs in metropolitan Chicago, southeast Wisconsin, northwest Indiana, central and western Illinois, eastern Iowa, and other markets in the Midwest. First Midwest Bancorp, Inc. was incorporated in 1982 and is headquartered in Chicago, Illinois.

Sector
Financial Services
Industry
Banks—Regional
Country
United States

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Insider holders

FMBI insider holders
InsiderRelationLatest transactionDateShares held
BOIGEGRAIN BARBARA ADirectorStock Award(Grant)Jan 18, 202247,467
CHULOS NICHOLAS JGeneral CounselStock Award(Grant)Mar 14, 202173,089
GILL PHUPINDER SDirectorStock Award(Grant)Jan 18, 202234,318
HENSELER PETER JDirectorStock Award(Grant)Jan 18, 202232,201
HOTCHKISS JAMES POfficer and TreasurerStock Award(Grant)Mar 14, 202175,470
MODRUSON FRANK BLAISEDirectorStock Award(Grant)Jan 18, 202224,652

Institution ownership

FMBI institution ownership
Holder% heldSharesValueReported
Blackrock Inc.14.67%16,751,708343.07MDec 30, 2021
Vanguard Group, Inc. (The)11.25%12,843,750263.04MDec 30, 2021
Fuller & Thaler Asset Management Inc.9.51%10,860,086222.41MDec 30, 2021
Dimensional Fund Advisors LP6.28%7,163,824146.72MDec 30, 2021
State Street Corporation4.89%5,578,844114.25MDec 30, 2021
Pzena Investment Management Llc3.23%3,688,54975.54MDec 30, 2021

Fund ownership

FMBI fund ownership
Holder% heldSharesValueReported
Undiscovered Managers Behavioral Value Fund7.73%8,828,228167.82MSep 29, 2021
iShares Core S&P Smallcap ETF6.49%7,407,897146.16MNov 29, 2021
Vanguard Total Stock Market Index Fund2.88%3,286,91462.48MSep 29, 2021
Vanguard Small-Cap Index Fund2.48%2,836,68553.93MSep 29, 2021
iShares Russell 2000 ETF2.19%2,498,69049.30MNov 29, 2021
DFA U.S. Small Cap Value Series1.94%2,216,24842.66MOct 30, 2021
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