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.

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CHICAGO, Jan. 25, 2021 (GLOBE NEWSWIRE) -- First Midwest Bank today announced it awarded $250,000 in grants to more than 80 local non-profit organizations through its charitable foundation. These donations are part of First Midwest's broader $2.5 million philanthropic commitment to its communities announced last year. Since March 2020, the foundation has provided more than $750,000 to local United Way COVID-19 emergency response funds and awarded $500,000 in grants to local non-profit organizations.

First Midwest Provides Nearly $500,000 in Grants and Donations to Support Local Communities

CHICAGO, Jan. 07, 2021 (GLOBE NEWSWIRE) -- First Midwest Bancorp, Inc. (“the Company”), the holding company of First Midwest Bank, today announced the following schedule and contact information for its 2020 fourth quarter and full year earnings release and conference call:

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

First Midwest Bancorp (FMBI) is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front.

Moving Average Crossover Alert: First Midwest Bancorp (FMBI)

CHICAGO, Nov. 20, 2020 (GLOBE NEWSWIRE) -- First Midwest Bancorp, Inc. (the “Company” or “First Midwest”), today announced that its Board of Directors declared a quarterly cash dividend of $0.14 per share on the Company's common stock. This quarterly cash dividend will be payable on January 12, 2021 to common stockholders of record on December 18, 2020 and will represent the 152nd consecutive cash dividend paid by First Midwest since its inception in 1983.

First Midwest Bancorp, Inc. Declares Dividends

CHICAGO, Oct. 30, 2020 (GLOBE NEWSWIRE) -- First Midwest Bank announced today it has been awarded a Top Workplaces 2020 honor by The Chicago Tribune and was the highest ranked commercial bank among large companies. First Midwest is one of the largest independent banks headquartered in Chicago with approximately $21 billion of assets, an additional $13 billion of wealth management assets and 2,200 colleagues.

First Midwest Named as Top Commercial Bank on Chicago Tribune's 2020 Top Workplaces List

First Midwest Bancorp. (FMBI) CEO Michael Scudder on Q3 2020 Results - Earnings Call Transcript

First Midwest Bancorp (FMBI) delivered earnings and revenue surprises of 50.00% and 3.23%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

First Midwest Bancorp (FMBI) Beats Q3 Earnings and Revenue Estimates

CHICAGO, Oct. 15, 2020 (GLOBE NEWSWIRE) -- First Midwest Bancorp, Inc. today announced plans to optimize its retail branch network as part of its ongoing commitment to best meet the evolving needs and preferences of its clients. By the end of 2020, First Midwest will fully re-open the lobbies of 23 branches that were closed due to the COVID-19 pandemic. In early 2021, it will consolidate 17 branches, or approximately 15% of its branch network.

First Midwest Announces Plans to Optimize Retail Branch Network

First Midwest Bancorp (FMBI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: First Midwest Bancorp (FMBI) Q3 Earnings Expected to Decline

CHICAGO, Oct. 02, 2020 (GLOBE NEWSWIRE) -- First Midwest Bancorp, Inc. (“First Midwest”), the holding company of First Midwest Bank, today announced the following schedule and contact information for its 2020 third quarter earnings release and conference call:

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

Participation in the Paycheck Protection Program will likely drive earnings in the year ahead.

First Midwest Bancorp: Sharp Earnings Recovery Likely

CHICAGO, July  27, 2020  (GLOBE NEWSWIRE) -- First Midwest Bancorp, Inc. (the “Company” or “First Midwest”), today announced that its Board of Directors declared a quarterly cash dividend of $17.50 per share (equivalent to $0.4375 per depositary share or 1/40th interest per share) on First Midwest’s 7.000% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A (NASDAQ: FMBIP), issued on May 20, 2020, and $11.08 per share (equivalent to $0.277 per depositary share or 1/40th interest per share) on First Midwest’s 7.000% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series C (NASDAQ: FMBIO), issued on June 24, 2020. The dividends are payable on August 20, 2020 to stockholders of record as of the close of business on August 5, 2020.

First Midwest Bancorp, Inc. Declares Cash Dividend on Series A and C Preferred Stock

First Midwest Bancorp. (FMBI) CEO Mike Scudder on Q2 2020 Results-Earnings Call Transcript

First Midwest Bancorp (FMBI) delivered earnings and revenue surprises of 18.75% and -4.08%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

First Midwest Bancorp (FMBI) Q2 Earnings Surpass Estimates

CHICAGO, July  21, 2020  (GLOBE NEWSWIRE) -- First Midwest Bancorp, Inc. (the "Company" or "First Midwest"), the holding company of First Midwest Bank (the "Bank"), today reported results of operations and financial condition for the second quarter of 2020. Net income applicable to common shares for the second quarter of 2020 was $17.8 million, or $0.16 per share, compared to $19.4 million, or $0.18 per share, for the first quarter of 2020, and $46.6 million, or $0.43 per share, for the second quarter of 2019.

First Midwest Bancorp, Inc. Announces 2020 Second Quarter Results

Analysts Estimate First Midwest Bancorp (FMBI) to Report a Decline in Earnings: What to Look Out for

One More 7.00% Preferred Stock IPO From First Midwest Bancorp

CHICAGO, June  18, 2020  (GLOBE NEWSWIRE) -- First Midwest Bancorp, Inc. (“First Midwest”) today announced that it has priced an underwritten public offering of 4,400,000 depositary shares, each representing a 1/40th ownership interest in a share of its 7.000% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series C, 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 $110 million. The offering is expected to close on June 24, 2020, subject to customary closing conditions. First Midwest also has granted the underwriters a 30-day option to purchase up to an additional 660,000 depositary shares from First Midwest.

First Midwest Bancorp, Inc. Announces Pricing of $110 Million Preferred Stock Offering

First Midwest Bancorp's new preferred stock, FMBIP, is currently trading at a 1% discount.

First Midwest Bancorp: Its New Preferred Stock IPO Has The Highest YTW In The Sector

CHICAGO, May  22, 2020  (GLOBE NEWSWIRE) -- 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.

First Midwest Bancorp, Inc. Appoints Ellen A.

CHICAGO, May  19, 2020  (GLOBE NEWSWIRE) -- First Midwest Bancorp, Inc. (the “Company” or “First Midwest”), today announced that its Board of Directors declared a quarterly cash dividend on the Company’s common stock of $0.14 per share.  This quarterly cash dividend will be payable on July 7, 2020 to common stockholders of record on June 26, 2020 and will represent the 150th consecutive cash dividend paid by First Midwest since its inception in 1983.

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

CHICAGO, May  19, 2020  (GLOBE NEWSWIRE) -- 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. Lamberghini will receive $5,000 to invest in her business and another $5,000 to donate to a local nonprofit organization of her choice.

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

CHICAGO, May  14, 2020  (GLOBE NEWSWIRE) -- 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. The offering is expected to close on May 20, 2020, subject to customary closing conditions.

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

CHICAGO, May  11, 2020  (GLOBE NEWSWIRE) -- First Midwest Bancorp, Inc. (“First Midwest”) previously announced that its 2020 annual meeting of stockholders will be held in a virtual meeting format. Below are the instructions for accessing the virtual annual meeting.

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

CHICAGO, May  07, 2020  (GLOBE NEWSWIRE) -- 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. The annual meeting will continue to be held, as previously announced, on Wednesday, May 20, 2020, at 9:00 a.m. Central time.

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