FMBI earnings call for the period ending March 31, 2020.

CHICAGO, April 20, 2020 -- First Midwest Bancorp, Inc. (“First Midwest”), the holding company of First Midwest Bank and Park Bank, today announced the following schedule and.

First Midwest Bank today announced it is offering several programs and services designed to alleviate some of the financial stress and burden its clients may be facing due to the COVID-19 pandemic. “During this time of uncertainty, our mission of helping clients achieve financial success is more important than ever,” said Mark Sander, President and Chief Operating Officer of First Midwest Bank.

Investors who take an interest in First Midwest Bancorp, Inc. (NASDAQ:FMBI) should definitely note that the Chairman...

CHICAGO, May 19, 2020 -- First Midwest Bancorp, Inc. (the “Company” or “First Midwest”), today announced that its Board of Directors declared a quarterly cash dividend on the.

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. “Since becoming a director in 2005, Ellen has always provided valuable strategic insight and important contributions to our board,” said Michael L. Scudder, Chairman and Chief Executive Officer of First Midwest.

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. “There are nearly 12 million businesses owned by women in the United States, employing about 8 percent of the total private workforce and adding tremendous value to our communities and the economy,” said Cheri Rubocki, head of Branch Banking at First Midwest Bank.

First Midwest Bancorp, Inc. (“First Midwest”) previously announced that its 2020 annual meeting of stockholders will be held in a virtual meeting format. Stockholders:  After logging into the meeting website using the password listed above, stockholders of record on the record date of March 27, 2020 should enter their 15-digit control number found on the proxy card previously distributed. Once admitted to the annual meeting, stockholders should follow the instructions on the website.

DEEP DIVE Economic turmoil from the coronavirus shutdown points to significant loan losses ahead for banks. But if you are confident that the U.S. economy will recover fairly quickly as states reopen, then this is the time to scoop up shares of banks that are in good overall shape and are trading at discounts to tangible book value, according to Christopher Marinac, director of research at Janney Montgomery Scott.

Regular readers will know that we love our dividends at Simply Wall St, which is why it's exciting to see First...

Cheryl Wellman is one of thousands of small business owners anxious to see if she'll get a slice of the $310 billion in new emergency aid that was just released by Washington. "After what happened last time, I'm not holding my breath," said Wellman, president of Integrity Manufacturing Inc in Romeoville, Illinois, a metal-stamping company devastated by the economic slump caused by the coronavirus pandemic. The U.S. government's "Payroll Protection Program" to aid small businesses, part of an economic relief package passed by Congress that is now approaching $3 trillion, opened chaotically earlier this month and ran out of funds in less than two weeks.

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. Stockholders of record as of the close of business on March 27, 2020, the record date for the annual meeting, may attend the meeting at www.meetingcenter.io/253702787 (meeting password: FMBI2020) by logging in and entering the control number found on the proxy card previously distributed.

Coronavirus is probably the 1 concern in investors' minds right now. It should be. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW. We predicted that a US recession is imminent and US stocks will go down by at least 20% in the next 3-6 […]

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. First Midwest intends to use the net proceeds of the offering for general corporate purposes and will apply to list the depositary shares on the Nasdaq Stock Market under the symbol “FMBIP.”

First Midwest Bank today announced a $2.5 million philanthropic commitment to aid in the response to the COVID-19 pandemic. Through the First Midwest Charitable Foundation, First Midwest Bank will deploy funds in support of its community and nonprofit partners as everyone collectively works to help those disproportionately impacted by this crisis. “There is a tremendous ‘can do’ spirit within our organization and communities as all of us respond to the challenges from COVID-19,” said Michael L. Scudder, Chairman and Chief Executive Officer at First Midwest Bank.

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.

Moody's Investors Service, ("Moody's") has assigned a Ba1(hyb) rating to First Midwest Bancorp, Inc. (First Midwest) preferred stock issuance. The assigned Ba1(hyb) preferred stock rating is positioned three notches below the standalone baseline credit assessment (BCA) of baa1 of First Midwest Bank, which is First Midwest's bank operating entity.

If you're interested in First Midwest Bancorp, Inc. (NASDAQ:FMBI), then you might want to consider its beta (a measure...

To the annoyance of some shareholders, First Midwest Bancorp (NASDAQ:FMBI) shares are down a considerable 43% in the...

CHICAGO, April 30, 2020 -- First Midwest Bancorp, Inc. (the "Company" or "First Midwest"), the holding company of First Midwest Bank (the "Bank") and Park Bank, today reported....