First Midwest Bancorp Inc (FMBI) Releases Earnings Results, Reports EPS of $0.32 EPS

First Midwest Bancorp Inc (FMBI) announced its most recent quarterly financial results on Tuesday, Oct-18-2016. FMBI reported $0.32 EPS for the quarter. Analysts had a consensus estimate of $0.32. Analysts expectations of $131.33 million. During the same quarter in the previous year, the company posted $0.30 EPS.

First Midwest Bancorp Inc opened for trading at $19.05 and hit $19.16 on the upside on Friday, eventually ending the session at $19.05, with a gain of 1.06% or 0.2 points. The heightened volatility saw the trading volume jump to 2,78,097 shares. Company has a market cap of $1,549 M.

In a different news, on Aug 24, 2016, Robert P Diedrich (EVP, Wealth Management) sold 1,200 shares at $19.17 per share price. According to the SEC, on Oct 26, 2015, Thomas M Prame (EVP, Retail Banking) sold 2,225 shares at $17.52 per share price.

First Midwest Bancorp Inc. is an independent publicly-traded banking company. Its principal subsidiary First Midwest Bank (the Bank) is a state-chartered bank and provides banking and wealth management services to commercial and industrial commercial real estate municipal and consumer customers primarily throughout the greater Chicago metropolitan area as well as northwest Indiana central and western Illinois and eastern Iowa. Through its subsidiaries the Company offers equipment leasing commercial financing and wealth management services. The Bank originates commercial and industrial agricultural commercial real estate and consumer loans. The Company’s subsidiaries also include First Midwest Equipment Finance Co. First Midwest Securities Management LLC LIH Holdings LLC Synergy Property Holdings LLC First Midwest Holdings Inc. Catalyst Asset Holdings LLC and Parasol Investment Management LLC.

First Midwest Bancorp Inc

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