FMBI: First Midwest Bancorp, Inc. - Summary | Jitta

First Midwest Bancorp, Inc.

NASDAQ:FMBI

Notice
Stock data is unavailable or the company’s delisted.
Price
$21.51
Loss Chance
42.9%
6.20JITTA SCORE
26.87%Under Jitta Line
Jitta Ranking
Sorry, the data is not yet available for this stock.
HISTORICAL JITTA SCORE
Jitta Factors
Growth Opportunity (66)
Recent Business Performance (87)
Financial Strength (92)
Return to Shareholders (36)
Competitive Advantage (57)
Jitta Signs
CapExVery Low
SG&A to SalesDecreasing
Total DepositConsistent Growth
Net Interest MarginEfficiency
Revenue and EarningRevenue decline from 2017-2020
Operating MarginDeclined
Recent Business PerformanceEarning decline 50.41% in the last year
Loan to DepositAggressive
Key Stats
Jitta Score
Jitta Line
6.20
26.87%
6.38
96.78%
5.48
77.89%
Regional Banks
7.26
31.08%
6.87
15.96%
8.01
32.99%
COMPANY DESCRIPTION
As of February 15, 2022, First Midwest Bancorp, Inc. was acquired by Old National Bancorp. 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.