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How to buy First Midwest Bancorp stock (FMBI)

Buy First Midwest Bancorp stock in 5 easy steps, view past price performance and learn what’s ahead for the company.

First Midwest Bancorp is a banks business based in the US. First Midwest Bancorp shares (FMBI) are listed on the NASDAQ and all prices are listed in US Dollars. First Midwest Bancorp employs 2,000 staff and has a trailing 12-month revenue of around $747.9 million.

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  4. Search for the stock name – FMBI. Search for the stock by name or ticker symbol.
  5. Buy the stock. Place your order. It's that simple.

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First Midwest Bancorp stock price (NASDAQ: FMBI)

Use our graph to track the performance of FMBI stocks over time.

First Midwest Bancorp shares at a glance

Information last updated 2022-04-03.
52-week range$0.00 - $0.00
50-day moving average $20.91
200-day moving average $19.86
Wall St. target price$24.63
PE ratio 13.4438
Dividend yield $0.56 (2.6%)
Earnings per share (TTM) $1.60

Is it a good time to buy First Midwest Bancorp stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Is First Midwest Bancorp stock undervalued or overvalued?

Valuing First Midwest Bancorp stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of First Midwest Bancorp's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

First Midwest Bancorp's P/E ratio

First Midwest Bancorp's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 13x. In other words, First Midwest Bancorp shares trade at around 13x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

First Midwest Bancorp's PEG ratio

First Midwest Bancorp's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 2.56. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into First Midwest Bancorp's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

First Midwest Bancorp financials

Revenue TTM $747.9 million
Operating margin TTM 38.4%
Gross profit TTM $747.9 million
Return on assets TTM 0.94%
Return on equity TTM 7.35%
Profit margin 26.68%
Book value $24.03
Market Capitalization $2.5 billion

TTM: trailing 12 months

First Midwest Bancorp share dividends

33%

Dividend payout ratio: 33.33% of net profits

Recently First Midwest Bancorp has paid out, on average, around 0% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), First Midwest Bancorp shareholders could enjoy a 0% return on their shares, in the form of dividend payments. In First Midwest Bancorp's case, that would currently equate to about $0.56 per share.

While First Midwest Bancorp's payout ratio might seem fairly standard, it's worth remembering that First Midwest Bancorp may be investing much of the rest of its net profits in future growth.

First Midwest Bancorp's most recent dividend payout was on 14 December 2021. The latest dividend was paid out to all shareholders who bought their shares by 2 December 2021 (the "ex-dividend date").

Have First Midwest Bancorp's shares ever split?

First Midwest Bancorp's shares were split on a 5:4 basis on 16 December 2001 . So if you had owned 4 shares the day before before the split, the next day you'd have owned 5 shares. This wouldn't directly have changed the overall worth of your First Midwest Bancorp shares – just the quantity. However, indirectly, the new 20% lower share price could have impacted the market appetite for First Midwest Bancorp shares which in turn could have impacted First Midwest Bancorp's share price.

First Midwest Bancorp share price volatility

Over the last 12 months, First Midwest Bancorp's shares have ranged in value from as little as $0 up to $0. A popular way to gauge a stock's volatility is its "beta".

FMBI.US volatility(beta: 1.1)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while First Midwest Bancorp's is 1.1. This would suggest that First Midwest Bancorp's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

First Midwest Bancorp overview

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.

Frequently asked questions

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What percentage of First Midwest Bancorp is owned by insiders or institutions?
Currently 0.826% of First Midwest Bancorp shares are held by insiders and 83.051% by institutions.
How many people work for First Midwest Bancorp?
Latest data suggests 2,000 work at First Midwest Bancorp.
When does the fiscal year end for First Midwest Bancorp?
First Midwest Bancorp's fiscal year ends in December.
Where is First Midwest Bancorp based?
First Midwest Bancorp's address is: 8750 West Bryn Mawr Avenue, Chicago, IL, United States, 60631-3655
What is First Midwest Bancorp's ISIN number?
First Midwest Bancorp's international securities identification number is: US3208671046
What is First Midwest Bancorp's CUSIP number?
First Midwest Bancorp's Committee on Uniform Securities Identification Procedures number is: 320867104

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