First Midwest Bancorp, Inc. Logo

First Midwest Bancorp, Inc.

FMBI

(2.0)
Stock Price

21,51 USD

0.92% ROA

7.35% ROE

12.26x PER

Market Cap.

0,00 USD

55.69% DER

0% Yield

26.57% NPM

First Midwest Bancorp, Inc. Stock Analysis

First Midwest Bancorp, Inc. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

First Midwest Bancorp, Inc. Fundamental Stock Analysis
# Analysis Rating
1 PBV

The stock's low PBV ratio (0.89x) suggests it's undervalued, making it an attractive opportunity for investors.

2 Assets Growth

With continuous growth in revenue over the last five years, this company has proven to be a lucrative investment option, showcasing its strong financial performance.

3 ROE

ROE in an average range (7.35%) suggests satisfactory profitability and decent utilization of shareholders' equity.

4 ROA

The stock's ROA (0.92%) shows that it's doing a pretty good job at making money from its assets, making it a solid choice to invest and earn steady profits.

5 Graham Number

The company's Graham number suggests that its stock price is underestimated, implying that it may present a compelling investment opportunity.

6 Buffet Intrinsic Value

The company's stock shows potential as it is undervalued (104) according to Warren Buffett's formula, indicating that its intrinsic value exceeds the market price.

7 DER

The stock is burdened with a heavy load of debt (694%), making it financially unstable and potentially risky for investors.

8 Revenue Growth

Company's revenue has stayed stagnant, showing no signs of improvement and making it a less favorable choice.

9 Net Profit Growth

Over the past five years, this company's net profit has failed to exhibit any growth, indicating a stagnant financial performance and making it a less favorable choice for potential investors.

10 Dividend Growth

The company's dividend growth has shown no improvement in the past three years, making it a less attractive investment option for those seeking increasing returns.

11 Dividend

The company has not distributed any dividends in the past three years, which may raise concerns for investors looking for regular income from their investments.

First Midwest Bancorp, Inc. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

First Midwest Bancorp, Inc. Technical Stock Analysis
# Analysis Recommendation

First Midwest Bancorp, Inc. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

First Midwest Bancorp, Inc. Revenue
Year Revenue Growth
1985 0
1986 0 0%
1987 0 0%
1988 0 0%
1989 105.100.000 100%
1990 103.500.000 -1.55%
1991 116.300.000 11.01%
1992 126.400.000 7.99%
1993 132.900.000 4.89%
1994 134.000.000 0.82%
1995 149.400.000 10.31%
1996 154.100.000 3.05%
1997 181.900.000 15.28%
1998 243.100.000 25.17%
1999 251.000.000 3.15%
2000 252.809.000 0.72%
2001 273.246.000 7.48%
2002 285.745.000 4.37%
2003 289.949.000 1.45%
2004 308.245.000 5.94%
2005 310.462.000 0.71%
2006 355.142.000 12.58%
2007 300.382.000 -18.23%
2008 300.604.000 0.07%
2009 374.534.000 19.74%
2010 387.900.000 3.45%
2011 383.557.000 -1.13%
2012 367.032.000 -4.5%
2013 392.235.000 6.43%
2014 394.275.000 0.52%
2015 438.293.000 10.04%
2016 498.221.000 12.03%
2017 626.776.000 20.51%
2018 661.214.000 5.21%
2019 751.361.000 12%
2020 720.302.000 -4.31%
2021 733.020.000 1.74%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

First Midwest Bancorp, Inc. Research and Development Expenses
Year Research and Development Expenses Growth
1985 0
1986 0 0%
1987 0 0%
1988 0 0%
1989 0 0%
1990 0 0%
1991 0 0%
1992 0 0%
1993 0 0%
1994 0 0%
1995 0 0%
1996 0 0%
1997 0 0%
1998 0 0%
1999 0 0%
2000 0 0%
2001 0 0%
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

First Midwest Bancorp, Inc. General and Administrative Expenses
Year General and Administrative Expenses Growth
1985 0
1986 0 0%
1987 0 0%
1988 0 0%
1989 31.800.000 100%
1990 33.100.000 3.93%
1991 38.400.000 13.8%
1992 42.800.000 10.28%
1993 45.500.000 5.93%
1994 46.800.000 2.78%
1995 50.500.000 7.33%
1996 50.400.000 -0.2%
1997 57.800.000 12.8%
1998 77.300.000 25.23%
1999 63.700.000 -21.35%
2000 75.707.000 15.86%
2001 76.780.000 1.4%
2002 80.626.000 4.77%
2003 84.284.000 4.34%
2004 92.171.000 8.56%
2005 95.179.000 3.16%
2006 106.201.000 10.38%
2007 111.598.000 4.84%
2008 114.324.000 2.38%
2009 121.988.000 6.28%
2010 133.330.000 8.51%
2011 145.407.000 8.31%
2012 149.527.000 2.76%
2013 156.523.000 4.47%
2014 162.522.000 3.69%
2015 191.432.000 15.1%
2016 211.495.000 9.49%
2017 258.771.000 18.27%
2018 274.485.000 5.72%
2019 269.787.000 -1.74%
2020 308.560.000 12.57%
2021 311.656.000 0.99%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

First Midwest Bancorp, Inc. EBITDA
Year EBITDA Growth
1985 8.600.000
1986 9.500.000 9.47%
1987 10.700.000 11.21%
1988 15.100.000 29.14%
1989 154.400.000 90.22%
1990 154.600.000 0.13%
1991 140.800.000 -9.8%
1992 108.800.000 -29.41%
1993 106.900.000 -1.78%
1994 120.500.000 11.29%
1995 173.600.000 30.59%
1996 172.400.000 -0.7%
1997 195.000.000 11.59%
1998 280.400.000 30.46%
1999 273.100.000 -2.67%
2000 339.337.000 19.52%
2001 303.555.000 -11.79%
2002 253.008.000 -19.98%
2003 230.885.000 -9.58%
2004 236.340.000 2.31%
2005 281.923.000 16.17%
2006 387.695.000 27.28%
2007 345.488.000 -12.22%
2008 214.477.000 -61.08%
2009 29.139.000 -636.05%
2010 26.966.000 -8.06%
2011 95.759.000 71.84%
2012 -789.000 12236.76%
2013 169.452.000 100.47%
2014 138.601.000 -22.26%
2015 161.484.000 14.17%
2016 184.647.000 12.54%
2017 247.526.000 25.4%
2018 286.236.000 13.52%
2019 403.043.000 28.98%
2020 234.308.000 -72.01%
2021 298.068.000 21.39%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

First Midwest Bancorp, Inc. Gross Profit
Year Gross Profit Growth
1985 0
1986 0 0%
1987 0 0%
1988 0 0%
1989 105.100.000 100%
1990 103.500.000 -1.55%
1991 116.300.000 11.01%
1992 126.400.000 7.99%
1993 132.900.000 4.89%
1994 134.000.000 0.82%
1995 149.400.000 10.31%
1996 154.100.000 3.05%
1997 181.900.000 15.28%
1998 243.100.000 25.17%
1999 251.000.000 3.15%
2000 252.809.000 0.72%
2001 273.246.000 7.48%
2002 285.745.000 4.37%
2003 289.949.000 1.45%
2004 308.245.000 5.94%
2005 310.462.000 0.71%
2006 355.142.000 12.58%
2007 300.382.000 -18.23%
2008 300.604.000 0.07%
2009 374.534.000 19.74%
2010 387.900.000 3.45%
2011 383.557.000 -1.13%
2012 367.032.000 -4.5%
2013 392.235.000 6.43%
2014 394.275.000 0.52%
2015 438.293.000 10.04%
2016 498.221.000 12.03%
2017 626.776.000 20.51%
2018 661.214.000 5.21%
2019 751.361.000 12%
2020 720.302.000 -4.31%
2021 733.020.000 1.74%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

First Midwest Bancorp, Inc. Net Profit
Year Net Profit Growth
1985 8.600.000
1986 9.500.000 9.47%
1987 10.700.000 11.21%
1988 15.100.000 29.14%
1989 24.800.000 39.11%
1990 22.600.000 -9.73%
1991 17.800.000 -26.97%
1992 17.900.000 0.56%
1993 20.800.000 13.94%
1994 20.400.000 -1.96%
1995 25.700.000 20.62%
1996 33.700.000 23.74%
1997 38.800.000 13.14%
1998 54.700.000 29.07%
1999 70.900.000 22.85%
2000 75.540.000 6.14%
2001 82.138.000 8.03%
2002 90.150.000 8.89%
2003 92.778.000 2.83%
2004 99.136.000 6.41%
2005 101.377.000 2.21%
2006 117.246.000 13.53%
2007 80.159.000 -46.27%
2008 49.336.000 -62.48%
2009 -25.750.000 291.6%
2010 -9.684.000 -165.9%
2011 36.563.000 126.49%
2012 -21.054.000 273.66%
2013 79.306.000 126.55%
2014 69.306.000 -14.43%
2015 82.064.000 15.55%
2016 92.349.000 11.14%
2017 98.387.000 6.14%
2018 157.870.000 37.68%
2019 199.738.000 20.96%
2020 107.898.000 -85.12%
2021 194.212.000 44.44%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

First Midwest Bancorp, Inc. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
1985 0
1986 0 0%
1987 0 0%
1988 1 0%
1989 1 0%
1990 1 0%
1991 1 0%
1992 1 0%
1993 1 0%
1994 1 0%
1995 1 0%
1996 1 100%
1997 1 0%
1998 1 0%
1999 1 100%
2000 1 0%
2001 2 0%
2002 2 0%
2003 2 0%
2004 2 50%
2005 2 0%
2006 2 0%
2007 2 -100%
2008 1 0%
2009 -1 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 1 100%
2014 1 0%
2015 1 100%
2016 1 0%
2017 1 0%
2018 2 100%
2019 2 0%
2020 1 0%
2021 2 100%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

First Midwest Bancorp, Inc. Free Cashflow
Year Free Cashflow Growth
1989 -3.100.000
1990 3.500.000 188.57%
1991 17.400.000 79.89%
1992 50.700.000 65.68%
1993 32.500.000 -56%
1994 23.300.000 -39.48%
1995 11.400.000 -104.39%
1996 107.900.000 89.43%
1997 -43.300.000 349.19%
1998 -95.300.000 54.56%
1999 139.100.000 168.51%
2000 65.551.000 -112.2%
2001 80.280.000 18.35%
2002 117.024.000 31.4%
2003 104.686.000 -11.79%
2004 141.631.000 26.09%
2005 108.467.000 -30.58%
2006 101.283.000 -7.09%
2007 116.331.000 12.94%
2008 149.476.000 22.17%
2009 79.859.000 -87.17%
2010 171.304.000 53.38%
2011 156.103.000 -9.74%
2012 161.060.000 3.08%
2013 122.338.000 -31.65%
2014 108.842.000 -12.4%
2015 147.244.000 26.08%
2016 101.963.000 -44.41%
2017 218.436.000 53.32%
2018 225.384.000 3.08%
2019 206.779.000 -9%
2020 123.762.000 -67.08%
2021 102.499.000 -20.74%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

First Midwest Bancorp, Inc. Operating Cashflow
Year Operating Cashflow Growth
1989 800.000
1990 7.400.000 89.19%
1991 22.800.000 67.54%
1992 59.700.000 61.81%
1993 39.600.000 -50.76%
1994 30.100.000 -31.56%
1995 22.400.000 -34.38%
1996 116.100.000 80.71%
1997 -33.600.000 445.54%
1998 -84.500.000 60.24%
1999 151.000.000 155.96%
2000 76.545.000 -97.27%
2001 87.151.000 12.17%
2002 131.707.000 33.83%
2003 124.510.000 -5.78%
2004 148.593.000 16.21%
2005 123.676.000 -20.15%
2006 114.142.000 -8.35%
2007 121.463.000 6.03%
2008 155.721.000 22%
2009 84.541.000 -84.2%
2010 193.569.000 56.33%
2011 167.121.000 -15.83%
2012 169.824.000 1.59%
2013 133.368.000 -27.33%
2014 122.927.000 -8.49%
2015 158.513.000 22.45%
2016 121.046.000 -30.95%
2017 234.559.000 48.39%
2018 253.184.000 7.36%
2019 227.109.000 -11.48%
2020 135.041.000 -68.18%
2021 104.473.000 -29.26%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

First Midwest Bancorp, Inc. Capital Expenditure
Year Capital Expenditure Growth
1989 3.900.000
1990 3.900.000 0%
1991 5.400.000 27.78%
1992 9.000.000 40%
1993 7.100.000 -26.76%
1994 6.800.000 -4.41%
1995 11.000.000 38.18%
1996 8.200.000 -34.15%
1997 9.700.000 15.46%
1998 10.800.000 10.19%
1999 11.900.000 9.24%
2000 10.994.000 -8.24%
2001 6.871.000 -60.01%
2002 14.683.000 53.2%
2003 19.824.000 25.93%
2004 6.962.000 -184.75%
2005 15.209.000 54.22%
2006 12.859.000 -18.28%
2007 5.132.000 -150.57%
2008 6.245.000 17.82%
2009 4.682.000 -33.38%
2010 22.265.000 78.97%
2011 11.018.000 -102.08%
2012 8.764.000 -25.72%
2013 11.030.000 20.54%
2014 14.085.000 21.69%
2015 11.269.000 -24.99%
2016 19.083.000 40.95%
2017 16.123.000 -18.36%
2018 27.800.000 42%
2019 20.330.000 -36.74%
2020 11.279.000 -80.25%
2021 1.974.000 -471.38%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

First Midwest Bancorp, Inc. Equity
Year Equity Growth
1989 150.500.000
1990 166.200.000 9.45%
1991 178.300.000 6.79%
1992 188.800.000 5.56%
1993 199.900.000 5.55%
1994 186.100.000 -7.42%
1995 249.200.000 25.32%
1996 262.100.000 4.92%
1997 337.500.000 22.34%
1998 452.900.000 25.48%
1999 369.300.000 -22.64%
2000 446.723.000 17.33%
2001 447.267.000 0.12%
2002 491.953.000 9.08%
2003 522.540.000 5.85%
2004 532.038.000 1.79%
2005 544.068.000 2.21%
2006 751.014.000 27.56%
2007 723.975.000 -3.73%
2008 908.279.000 20.29%
2009 941.521.000 3.53%
2010 1.112.045.000 15.33%
2011 962.587.000 -15.53%
2012 940.893.000 -2.31%
2013 1.001.442.000 6.05%
2014 1.100.775.000 9.02%
2015 1.146.268.000 3.97%
2016 1.257.080.000 8.82%
2017 1.864.874.000 32.59%
2018 2.054.998.000 9.25%
2019 2.370.793.000 13.32%
2020 2.690.006.000 11.87%
2021 2.742.728.000 1.92%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

First Midwest Bancorp, Inc. Assets
Year Assets Growth
1989 2.154.900.000
1990 2.368.300.000 9.01%
1991 2.311.400.000 -2.46%
1992 2.297.200.000 -0.62%
1993 2.687.300.000 14.52%
1994 2.875.100.000 6.53%
1995 3.207.300.000 10.36%
1996 3.119.200.000 -2.82%
1997 3.614.200.000 13.7%
1998 5.192.900.000 30.4%
1999 5.511.600.000 5.78%
2000 5.906.484.000 6.69%
2001 5.667.919.000 -4.21%
2002 5.980.533.000 5.23%
2003 6.906.658.000 13.41%
2004 6.863.381.000 -0.63%
2005 7.210.151.000 4.81%
2006 8.441.526.000 14.59%
2007 8.091.518.000 -4.33%
2008 8.528.341.000 5.12%
2009 7.710.672.000 -10.6%
2010 8.146.973.000 5.36%
2011 7.973.594.000 -2.17%
2012 8.099.839.000 1.56%
2013 8.253.407.000 1.86%
2014 9.445.139.000 12.62%
2015 9.732.676.000 2.95%
2016 11.422.555.000 14.79%
2017 14.077.052.000 18.86%
2018 15.505.649.000 9.21%
2019 17.850.397.000 13.14%
2020 20.838.678.000 14.34%
2021 21.778.242.000 4.31%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

First Midwest Bancorp, Inc. Liabilities
Year Liabilities Growth
1989 2.004.400.000
1990 2.202.100.000 8.98%
1991 2.133.100.000 -3.23%
1992 2.108.400.000 -1.17%
1993 2.487.400.000 15.24%
1994 2.689.000.000 7.5%
1995 2.958.100.000 9.1%
1996 3.263.000.000 9.34%
1997 3.276.700.000 0.42%
1998 4.740.000.000 30.87%
1999 5.142.300.000 7.82%
2000 5.459.761.000 5.81%
2001 5.220.652.000 -4.58%
2002 5.488.580.000 4.88%
2003 6.384.118.000 14.03%
2004 6.331.343.000 -0.83%
2005 6.666.083.000 5.02%
2006 7.690.512.000 13.32%
2007 7.367.543.000 -4.38%
2008 7.620.062.000 3.31%
2009 6.769.151.000 -12.57%
2010 7.034.928.000 3.78%
2011 7.011.007.000 -0.34%
2012 7.158.946.000 2.07%
2013 7.251.965.000 1.28%
2014 8.344.364.000 13.09%
2015 8.586.408.000 2.82%
2016 10.165.475.000 15.53%
2017 12.212.178.000 16.76%
2018 13.450.651.000 9.21%
2019 15.479.604.000 13.11%
2020 18.148.672.000 14.71%
2021 19.035.514.000 4.66%

First Midwest Bancorp, Inc. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
6.6
Net Income per Share
1.75
Price to Earning Ratio
12.26x
Price To Sales Ratio
0x
POCF Ratio
18.12
PFCF Ratio
0
Price to Book Ratio
0.89
EV to Sales
-0.79
EV Over EBITDA
-1.91
EV to Operating CashFlow
-4.38
EV to FreeCashFlow
-4.78
Earnings Yield
0.08
FreeCashFlow Yield
0
Market Cap
0,00 Bil.
Enterprise Value
-0,59 Bil.
Graham Number
30.84
Graham NetNet
-117.94

Income Statement Metrics

Net Income per Share
1.75
Income Quality
1.25
ROE
0.07
Return On Assets
0.01
Return On Capital Employed
0.01
Net Income per EBT
0.74
EBT Per Ebit
0.88
Ebit per Revenue
0.41
Effective Tax Rate
0.26

Margins

Sales, General, & Administrative to Revenue
0.4
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0.02
Gross Profit Margin
1
Operating Profit Margin
0.41
Pretax Profit Margin
0.36
Net Profit Margin
0.27

Dividends

Dividend Yield
0
Dividend Yield %
0
Payout Ratio
0.36
Dividend Per Share
0

Operating Metrics

Operating Cashflow per Share
1.19
Free CashFlow per Share
1.09
Capex to Operating CashFlow
-0.08
Capex to Revenue
-0.02
Capex to Depreciation
-0.41
Return on Invested Capital
0.05
Return on Tangible Assets
0.01
Days Sales Outstanding
226.94
Days Payables Outstanding
0
Days of Inventory on Hand
0
Receivables Turnover
1.61
Payables Turnover
0
Inventory Turnover
0
Capex per Share
-0.1

Balance Sheet

Cash per Share
46,28
Book Value per Share
24,11
Tangible Book Value per Share
24.11
Shareholders Equity per Share
24.11
Interest Debt per Share
13.76
Debt to Equity
0.56
Debt to Assets
0.07
Net Debt to EBITDA
-1.91
Current Ratio
55.05
Tangible Asset Value
2,74 Bil.
Net Current Asset Value
-1,57 Bil.
Invested Capital
0.56
Working Capital
17,15 Bil.
Intangibles to Total Assets
0
Average Receivables
0,50 Bil.
Average Payables
0,34 Bil.
Average Inventory
0
Debt to Market Cap
0

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

First Midwest Bancorp, Inc. Dividends
Year Dividends Growth
1984 1
1985 6 80%
1986 5 -25%
1987 1 0%
1988 1 0%
1989 1 0%
1990 1 0%
1991 1 0%
1992 1 0%
1993 1 0%
1994 1 100%
1995 1 0%
1996 1 0%
1997 1 0%
1998 1 0%
1999 1 0%
2000 1 0%
2001 1 0%
2002 1 0%
2003 1 0%
2004 1 0%
2005 1 100%
2006 1 0%
2007 1 0%
2008 1 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
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First Midwest Bancorp, Inc. Profile

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.

CEO
Mr. Michael Scudder
Employee
2.000
Address
8750 West Bryn Mawr Avenue, Suite 1300
Chicago, 60631-3655

First Midwest Bancorp, Inc. Executives & BODs

First Midwest Bancorp, Inc. Executives & BODs
# Name Age

First Midwest Bancorp, Inc. Competitors