First Midwest Bncp (FMBI) 18.00 $FMBI
Zacks.com featured highlights: J. M. Smucker, Isle of Capri Casinos, Smith & Wesson, First Midwest Bancorp and Argo Group International
Zacks Equity Research - Zacks Investment Research - Mon Jul 11, 8:30AM CDT
Zacks.com featured highlights: J. M. Smucker, Isle of Capri Casinos, Smith & Wesson, First Midwest Bancorp and Argo Group International
AGII: 51.88 (-0.41), ISLE: 19.13 (+0.69), FMBI: 18.00 (+0.26), SWHC: 29.35 (+0.28), SJM: 153.25 (-0.83)
Legg Mason Acquires 82% Stake in Financial Guard; Stock Up
Zacks Equity Research - Zacks Investment Research - Mon Jul 11, 6:39AM CDT
Shares of Legg Mason Inc. (LM) gained 4% since Thursday after it announced its decision to acquire 82% majority stake in Financial Guard LLC, an online Registered Investment Advisor based in Salt Lake City, UT.
HMST: 20.34 (+0.24), FMBI: 18.00 (+0.26), FBC: 25.31 (+0.28), LM: 30.24 (+0.43)
Buy These 5 Stocks with Sturdy Earnings Growth Now
Zacks Equity Research - Zacks Investment Research - Fri Jul 08, 10:01AM CDT
Even if it is a fledgling company or an established corporation, the highest priority will be to secure earnings growth.
AGII: 51.88 (-0.41), ISLE: 19.13 (+0.69), FMBI: 18.00 (+0.26), SWHC: 29.35 (+0.28), SJM: 153.25 (-0.83)
Citi (C) Merges Consumer Banking Businesses in EMEA & Asia
Zacks Equity Research - Zacks Investment Research - Fri Jul 08, 6:42AM CDT
In line with its continued efforts to streamline operations, Citigroup Inc. (C) is reportedly merging its consumer banking unit in Europe, Middle East and Africa (EMEA) with Asia.
HMST: 20.34 (+0.24), FMBI: 18.00 (+0.26), C: 42.29 (+0.31), FBC: 25.31 (+0.28)
New Strong Buy Stocks for July 8th
Zacks Equity Research - Zacks Investment Research - Fri Jul 08, 6:40AM CDT
New Strong Buy Stocks for July 8th
NOG: 4.50 (-0.05), SREV: 4.06 (-0.06), FMBI: 18.00 (+0.26), ARIS: 4.76 (-0.05), JE: 6.06 (-0.02)
Is Citigroup (C) Divesting Analytics Business 'Yield Book'?
Zacks Equity Research - Zacks Investment Research - Thu Jul 07, 3:15PM CDT
Wall Street banking giant Citigroup Inc. (C) continued with its strategy of divesting parts of its consumer and investment banking operations to free up capital, reduce expenses and in turn increase profits.
GLAD: 7.79 (+0.13), HTGC: 12.55 (+0.05), FMBI: 18.00 (+0.26), C: 42.29 (+0.31)
State Street (STT) Closes the GE Asset Management Deal
Zacks Equity Research - Zacks Investment Research - Wed Jul 06, 9:03AM CDT
In a bid to ramp up its profitability against a tough operating backdrop, last week, State Street Corporation (STT) completed the acquisition of GE Asset Management (???GEAM???), a wholly owned subsidiary of General Electric Company (GE).
SF: 31.23 (+0.61), GE: 32.21 (+0.01), STT: 53.61 (+0.38), FMBI: 18.00 (+0.26)
Upgrade Alert for First Midwest Bancorp (FMBI)
Comtex SmarTrend(R) - Fri Jul 01, 3:36AM CDT
First Midwest Bancorp (NASDAQ:FMBI) was upgraded from Neutral to Outperform at Macquarie today. The stock closed yesterday at $17.56 on volume of 962,000 shares, above average daily volume of 480,000. There is potential upside of 12.3% for shares of First Midwest Bancorp based on a current price of $17.56 and an average consensus analyst price target of $19.72. The stock should find initial resistance at its 200-day moving average (MA) of $17.91 and further resistance at its 50-day MA of $17.97.
FMBI: 18.00 (+0.26)
Fitch Affirms First Midwest at 'BBB-' following Acquisition Announcement; Outlook Stable
BusinessWire - Wed Jun 29, 3:45PM CDT
Fitch Ratings has affirmed the Long- and Short-Term Issuer Default Ratings (IDRs) of First Midwest Bancorp, Inc. (FMBI) at 'BBB-"/'F3', with a Stable Outlook following its announcement that it will acquire Standard Bancshares, Inc. (SBI), which had $2.5 billion in assets at first quarter 2016 (1Q16). See the full list of rating actions at the end of this release.
FMBI: 18.00 (+0.26)
First Midwest Bancorp, Inc. Deploys TopSpin Security to Meet Growing Cybersecurity Needs
Marketwired - Wed Jun 01, 8:02AM CDT
TopSpin Security's DECOYnet Increases Security Posture Without Putting Extra Load on Administrators
FMBI: 18.00 (+0.26)
First Midwest Bancorp, Inc. Declares Second Quarter Cash Dividend of $0.09 per Share
Marketwire Canada - Wed May 18, 12:49PM CDT
ITASCA, IL--(Marketwired - May 18, 2016) - First Midwest Bancorp, Inc. ("First Midwest"
(NASDAQ: FMBI), the holding company for First Midwest Bank, announced today that its Board of Directors declared a quarterly cash dividend on the Company's common stock of $0.09 per share. This quarterly cash dividend will be payable on July 12, 2016 to common stockholders of record on June 24, 2016 and will represent the 134th consecutive cash dividend paid by First Midwest since its inception in 1983.
FMBI: 18.00 (+0.26)
First Midwest Bancorp, Inc. to Webcast Annual Meeting of Stockholders
Marketwire Canada - Wed May 11, 2:36PM CDT
ITASCA, IL--(Marketwired - May 11, 2016) - First Midwest Bancorp, Inc. (the "Company" or "First Midwest" (NASDAQ: FMBI), the holding company of First Midwest Bank, announced today that it will webcast its Annual Meeting of Stockholders, which will be held on Wednesday, May 18, 2016, at 9:00 A.M. CT at the Westin Lombard Yorktown Center Hotel, 70 Yorktown Center, Lombard, Illinois. After conducting the business described in the Company's 2016 Proxy Statement, First Midwest's management will make a brief presentation about the Company.
FMBI: 18.00 (+0.26)
First Midwest Bancorp Chief Financial Officer Paul F. Clemens to Retire in 2017
Marketwired - Thu Apr 28, 9:00AM CDT
First Midwest Bancorp, Inc. (the "Company" (NASDAQ: FMBI), announced today that Paul F. Clemens, Chief Financial Officer of the Company and its subsidiary, First Midwest Bank (the "Bank", has advised the Company that he will be retiring in 2017. Clemens, who will turn 65 in mid-2017, has shared his plans so as to facilitate a measured process for the selection of his successor and provide for a seamless transition.
FMBI: 18.00 (+0.26)
Downgrade Alert for First Midwest Bancorp (FMBI)
Comtex SmarTrend(R) - Fri Apr 22, 3:53AM CDT
First Midwest Bancorp (NASDAQ:FMBI) was downgraded from Buy to Hold at Sandler O'Neill today. The stock closed yesterday at $18.58 on volume of 543,000 shares, above average daily volume of 415,000. In the past 52 weeks, First Midwest Bancorp share prices have been bracketed by a low of $14.56 and a high of $19.81 and closed yesterday at $18.58, 28% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.0% while the 200-day MA has remained constant.
FMBI: 18.00 (+0.26)
First Midwest Bancorp misses Street 1Q forecasts
Automated Insights - Tue Apr 19, 5:35PM CDT
ITASCA, Ill. (AP) _ First Midwest Bancorp Inc. (FMBI) on Tuesday reported first-quarter earnings of $17.8 million.
FMBI: 18.00 (+0.26)
First Midwest Bancorp, Inc. Announces 2016 First Quarter Results
Marketwired - Tue Apr 19, 5:25PM CDT
First Midwest Bancorp, Inc. (the "Company" or "First Midwest" (NASDAQ: FMBI), the holding company of First Midwest Bank (the "Bank", today reported results of operations and financial condition for the first quarter of 2016. Net income for the first quarter of 2016 was $18.0 million, or $0.23 per share. This compares to $19.9 million, or $0.26 per share, for the first quarter of 2015, and $16.3 million, or $0.21 per share, for the fourth quarter of 2015. Performance for the first quarter of 2016 and fourth quarter of 2015 were impacted by acquisition and integration related pre-tax expenses of $5.0 million and $1.4 million, respectively. In addition, property valuation pre-tax adjustments of $8.6 million were recorded in the fourth quarter of 2015 as a result of strategic branch initiatives. Excluding these expenses, earnings per share was $0.27 for the first quarter of 2016 compared to $0.26 for the first quarter of 2015 and $0.29 for the fourth quarter of 2015.
FMBI: 18.00 (+0.26)
First Midwest Bank Names Jo Ann Boylan Executive Vice President and Chief Information and Operations Officer
Marketwired - Fri Apr 08, 1:06PM CDT
First Midwest Bank announced today that Jo Ann Boylan has been appointed as Executive Vice President, Chief Information and Operations Officer of the Bank. In this role, she will be responsible for overseeing information technology, deposit and loan operations, facilities and project management at First Midwest Bank. Boylan assumed her position as part of a planned succession to Kent S. Belasco, who retired on April 1, 2016 after 30 years of service with First Midwest.
FMBI: 18.00 (+0.26)
Zacks.com featured highlights: J. M. Smucker, Isle of Capri Casinos, Smith & Wesson, First Midwest Bancorp and Argo Group International
Zacks Equity Research - Zacks Investment Research - Mon Jul 11, 8:30AM CDT
Zacks.com featured highlights: J. M. Smucker, Isle of Capri Casinos, Smith & Wesson, First Midwest Bancorp and Argo Group International
AGII: 51.88 (-0.41), ISLE: 19.13 (+0.69), FMBI: 18.00 (+0.26), SWHC: 29.35 (+0.28), SJM: 153.25 (-0.83)
Legg Mason Acquires 82% Stake in Financial Guard; Stock Up
Zacks Equity Research - Zacks Investment Research - Mon Jul 11, 6:39AM CDT
Shares of Legg Mason Inc. (LM) gained 4% since Thursday after it announced its decision to acquire 82% majority stake in Financial Guard LLC, an online Registered Investment Advisor based in Salt Lake City, UT.
HMST: 20.34 (+0.24), FMBI: 18.00 (+0.26), FBC: 25.31 (+0.28), LM: 30.24 (+0.43)
Buy These 5 Stocks with Sturdy Earnings Growth Now
Zacks Equity Research - Zacks Investment Research - Fri Jul 08, 10:01AM CDT
Even if it is a fledgling company or an established corporation, the highest priority will be to secure earnings growth.
AGII: 51.88 (-0.41), ISLE: 19.13 (+0.69), FMBI: 18.00 (+0.26), SWHC: 29.35 (+0.28), SJM: 153.25 (-0.83)
Citi (C) Merges Consumer Banking Businesses in EMEA & Asia
Zacks Equity Research - Zacks Investment Research - Fri Jul 08, 6:42AM CDT
In line with its continued efforts to streamline operations, Citigroup Inc. (C) is reportedly merging its consumer banking unit in Europe, Middle East and Africa (EMEA) with Asia.
HMST: 20.34 (+0.24), FMBI: 18.00 (+0.26), C: 42.29 (+0.31), FBC: 25.31 (+0.28)
New Strong Buy Stocks for July 8th
Zacks Equity Research - Zacks Investment Research - Fri Jul 08, 6:40AM CDT
New Strong Buy Stocks for July 8th
NOG: 4.50 (-0.05), SREV: 4.06 (-0.06), FMBI: 18.00 (+0.26), ARIS: 4.76 (-0.05), JE: 6.06 (-0.02)
Is Citigroup (C) Divesting Analytics Business 'Yield Book'?
Zacks Equity Research - Zacks Investment Research - Thu Jul 07, 3:15PM CDT
Wall Street banking giant Citigroup Inc. (C) continued with its strategy of divesting parts of its consumer and investment banking operations to free up capital, reduce expenses and in turn increase profits.
GLAD: 7.79 (+0.13), HTGC: 12.55 (+0.05), FMBI: 18.00 (+0.26), C: 42.29 (+0.31)
State Street (STT) Closes the GE Asset Management Deal
Zacks Equity Research - Zacks Investment Research - Wed Jul 06, 9:03AM CDT
In a bid to ramp up its profitability against a tough operating backdrop, last week, State Street Corporation (STT) completed the acquisition of GE Asset Management (???GEAM???), a wholly owned subsidiary of General Electric Company (GE).
SF: 31.23 (+0.61), GE: 32.21 (+0.01), STT: 53.61 (+0.38), FMBI: 18.00 (+0.26)
Upgrade Alert for First Midwest Bancorp (FMBI)
Comtex SmarTrend(R) - Fri Jul 01, 3:36AM CDT
First Midwest Bancorp (NASDAQ:FMBI) was upgraded from Neutral to Outperform at Macquarie today. The stock closed yesterday at $17.56 on volume of 962,000 shares, above average daily volume of 480,000. There is potential upside of 12.3% for shares of First Midwest Bancorp based on a current price of $17.56 and an average consensus analyst price target of $19.72. The stock should find initial resistance at its 200-day moving average (MA) of $17.91 and further resistance at its 50-day MA of $17.97.
FMBI: 18.00 (+0.26)
Fitch Affirms First Midwest at 'BBB-' following Acquisition Announcement; Outlook Stable
BusinessWire - Wed Jun 29, 3:45PM CDT
Fitch Ratings has affirmed the Long- and Short-Term Issuer Default Ratings (IDRs) of First Midwest Bancorp, Inc. (FMBI) at 'BBB-"/'F3', with a Stable Outlook following its announcement that it will acquire Standard Bancshares, Inc. (SBI), which had $2.5 billion in assets at first quarter 2016 (1Q16). See the full list of rating actions at the end of this release.
FMBI: 18.00 (+0.26)
First Midwest Bancorp, Inc. Deploys TopSpin Security to Meet Growing Cybersecurity Needs
Marketwired - Wed Jun 01, 8:02AM CDT
TopSpin Security's DECOYnet Increases Security Posture Without Putting Extra Load on Administrators
FMBI: 18.00 (+0.26)
First Midwest Bancorp, Inc. Declares Second Quarter Cash Dividend of $0.09 per Share
Marketwire Canada - Wed May 18, 12:49PM CDT
ITASCA, IL--(Marketwired - May 18, 2016) - First Midwest Bancorp, Inc. ("First Midwest"
(NASDAQ: FMBI), the holding company for First Midwest Bank, announced today that its Board of Directors declared a quarterly cash dividend on the Company's common stock of $0.09 per share. This quarterly cash dividend will be payable on July 12, 2016 to common stockholders of record on June 24, 2016 and will represent the 134th consecutive cash dividend paid by First Midwest since its inception in 1983. FMBI: 18.00 (+0.26)
First Midwest Bancorp, Inc. to Webcast Annual Meeting of Stockholders
Marketwire Canada - Wed May 11, 2:36PM CDT
ITASCA, IL--(Marketwired - May 11, 2016) - First Midwest Bancorp, Inc. (the "Company" or "First Midwest"
(NASDAQ: FMBI), the holding company of First Midwest Bank, announced today that it will webcast its Annual Meeting of Stockholders, which will be held on Wednesday, May 18, 2016, at 9:00 A.M. CT at the Westin Lombard Yorktown Center Hotel, 70 Yorktown Center, Lombard, Illinois. After conducting the business described in the Company's 2016 Proxy Statement, First Midwest's management will make a brief presentation about the Company. FMBI: 18.00 (+0.26)
First Midwest Bancorp Chief Financial Officer Paul F. Clemens to Retire in 2017
Marketwired - Thu Apr 28, 9:00AM CDT
First Midwest Bancorp, Inc. (the "Company"
(NASDAQ: FMBI), announced today that Paul F. Clemens, Chief Financial Officer of the Company and its subsidiary, First Midwest Bank (the "Bank", has advised the Company that he will be retiring in 2017. Clemens, who will turn 65 in mid-2017, has shared his plans so as to facilitate a measured process for the selection of his successor and provide for a seamless transition. FMBI: 18.00 (+0.26)
Downgrade Alert for First Midwest Bancorp (FMBI)
Comtex SmarTrend(R) - Fri Apr 22, 3:53AM CDT
First Midwest Bancorp (NASDAQ:FMBI) was downgraded from Buy to Hold at Sandler O'Neill today. The stock closed yesterday at $18.58 on volume of 543,000 shares, above average daily volume of 415,000. In the past 52 weeks, First Midwest Bancorp share prices have been bracketed by a low of $14.56 and a high of $19.81 and closed yesterday at $18.58, 28% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.0% while the 200-day MA has remained constant.
FMBI: 18.00 (+0.26)
First Midwest Bancorp misses Street 1Q forecasts
Automated Insights - Tue Apr 19, 5:35PM CDT
ITASCA, Ill. (AP) _ First Midwest Bancorp Inc. (FMBI) on Tuesday reported first-quarter earnings of $17.8 million.
FMBI: 18.00 (+0.26)
First Midwest Bancorp, Inc. Announces 2016 First Quarter Results
Marketwired - Tue Apr 19, 5:25PM CDT
First Midwest Bancorp, Inc. (the "Company" or "First Midwest"
(NASDAQ: FMBI), the holding company of First Midwest Bank (the "Bank", today reported results of operations and financial condition for the first quarter of 2016. Net income for the first quarter of 2016 was $18.0 million, or $0.23 per share. This compares to $19.9 million, or $0.26 per share, for the first quarter of 2015, and $16.3 million, or $0.21 per share, for the fourth quarter of 2015. Performance for the first quarter of 2016 and fourth quarter of 2015 were impacted by acquisition and integration related pre-tax expenses of $5.0 million and $1.4 million, respectively. In addition, property valuation pre-tax adjustments of $8.6 million were recorded in the fourth quarter of 2015 as a result of strategic branch initiatives. Excluding these expenses, earnings per share was $0.27 for the first quarter of 2016 compared to $0.26 for the first quarter of 2015 and $0.29 for the fourth quarter of 2015. FMBI: 18.00 (+0.26)
First Midwest Bank Names Jo Ann Boylan Executive Vice President and Chief Information and Operations Officer
Marketwired - Fri Apr 08, 1:06PM CDT
First Midwest Bank announced today that Jo Ann Boylan has been appointed as Executive Vice President, Chief Information and Operations Officer of the Bank. In this role, she will be responsible for overseeing information technology, deposit and loan operations, facilities and project management at First Midwest Bank. Boylan assumed her position as part of a planned succession to Kent S. Belasco, who retired on April 1, 2016 after 30 years of service with First Midwest.
FMBI: 18.00 (+0.26)
