reports
Old National and First Midwest Receive Final Regulatory Approval for M...
Old National and First Midwest Receive Final Regulatory Approval for Merger of Equals EVANSVILLE, Ind. and CHICAGO, Jan. 27, 2022 (GLOBE NEWSWIRE) -- Old National Bancorp (“Old National”) (NASDAQ: ONB) and First Midwest Bancorp, Inc. (“First Midwest”) (NASDAQ: FMBI), today announced that their merger of equals transaction, announced on June 1, 2021, has received Federal Reserve approval. This follows approvals received last year from the Office of the Comptroller of the Currency and stockholders of both companies. With this final regulatory step completed, the merger is expected to occur...
First Midwest Bancorp, Inc. Announces 2021 Fourth Quarter and Full Yea...
First Midwest Bancorp, Inc. Announces 2021 Fourth Quarter and Full Year Results CHICAGO, Jan. 18, 2022 (GLOBE NEWSWIRE) -- First Midwest Bancorp, Inc. (the "Company" or "First Midwest"), the holding company of First Midwest Bank (the "Bank"), today reported results of operations and financial condition for the fourth quarter and full year of 2021. Net income applicable to common shares for the fourth quarter of 2021 was $44 million, or $0.39 per diluted common share, compared to $50 million, or $0.44 per diluted common share, for the third quarter of 2021, and $37 million, or $0.33 per di...
First Midwest Bancorp, Inc. Announces Schedule for 2021 Fourth Quarter...
First Midwest Bancorp, Inc. Announces Schedule for 2021 Fourth Quarter and Full Year Earnings Release CHICAGO, Jan. 05, 2022 (GLOBE NEWSWIRE) -- First Midwest Bancorp, Inc. (“First Midwest”), the holding company of First Midwest Bank, today announced that it will distribute its 2021 fourth quarter and full year earnings release on Tuesday, January 18, 2022, before the market opens, by GlobeNewswire distribution. The earnings release also will be available on First Midwest’s website at investor.firstmidwest.com. Due to the pending merger between First Midwest and Old National Bancorp (NASD...
First Midwest Bancorp, Inc. Declares Quarterly Dividends
First Midwest Bancorp, Inc. Declares Quarterly Dividends CHICAGO, Nov. 17, 2021 (GLOBE NEWSWIRE) -- First Midwest Bancorp, Inc. (“First Midwest”) today announced that its Board of Directors declared a quarterly cash dividend of $0.14 per share on its common stock. This quarterly cash dividend will be payable on December 15, 2021 to common stockholders of record on December 6, 2021 and will represent the 156th consecutive cash dividend paid by First Midwest since its inception in 1983. In addition, the Board of Directors declared a quarterly cash dividend of $17.50 per share (equivalent t...
First Midwest Bancorp, Inc. Announces 2021 Third Quarter Results – EPS...
First Midwest Bancorp, Inc. Announces 2021 Third Quarter Results – EPS Up 110% From a Year Ago CHICAGO, Oct. 19, 2021 (GLOBE NEWSWIRE) -- First Midwest Bancorp, Inc. (the "Company" or "First Midwest"), the holding company of First Midwest Bank (the "Bank"), today reported results of operations and financial condition for the third quarter of 2021. Net income applicable to common shares for the third quarter of 2021 was $50 million, or $0.44 per diluted common share, compared to $47 million, or $0.41 per diluted common share, for the second quarter of 2021, and $23 million, or $0.21 per di...
First Midwest Bancorp, Inc. Announces Schedule for 2021 Third Quarter ...
First Midwest Bancorp, Inc. Announces Schedule for 2021 Third Quarter Earnings Release CHICAGO, Oct. 11, 2021 (GLOBE NEWSWIRE) -- First Midwest Bancorp, Inc. (“First Midwest”), the holding company of First Midwest Bank, today announced that it will distribute its 2021 third quarter earnings release on Tuesday, October 19, 2021, before the market opens, by GlobeNewswire distribution. The earnings release also will be available on First Midwest’s website at investor.firstmidwest.com. Due to the pending merger between First Midwest and Old National Bancorp (NASDAQ: ONB), First Midwest will n...
First Midwest Announces Overwhelming Stockholder Support for Partnersh...
First Midwest Announces Overwhelming Stockholder Support for Partnership With Old National CHICAGO, Sept. 16, 2021 (GLOBE NEWSWIRE) -- First Midwest Bancorp, Inc. (“First Midwest”) today announced that its stockholders have overwhelmingly approved the proposed merger between First Midwest and Old National Bancorp (“Old National”), which was announced on June 1, 2021. At First Midwest’s stockholder meeting held on September 15, 2021, approximately 99% of the votes cast voted in favor of the merger. “Our partnership with Old National is, at its core, a growth strategy that will put us in a...
First Midwest Publishes 2020 Corporate Social Responsibility Report
First Midwest Publishes 2020 Corporate Social Responsibility Report CHICAGO, Sept. 16, 2021 (GLOBE NEWSWIRE) -- First Midwest Bancorp, Inc. (“First Midwest”) today announced that it has published its 2020 Corporate Social Responsibility (CSR) report, Momentum for All. The report highlights First Midwest’s approach to CSR and Diversity, Equity and Inclusion (DEI), its commitment to colleagues, clients and communities and how First Midwest integrates environmental, social and governance factors into its business model. “Being a good corporate citizen has been a part of First Midwest’s co...
First Midwest Bancorp, Inc. Declares Quarterly Dividends
First Midwest Bancorp, Inc. Declares Quarterly Dividends CHICAGO, Aug. 26, 2021 (GLOBE NEWSWIRE) -- First Midwest Bancorp, Inc. (“First Midwest”) today announced that its Board of Directors declared a quarterly cash dividend of $0.14 per share on its common stock. This quarterly cash dividend will be payable on October 12, 2021 to common stockholders of record on September 24, 2021 and will represent the 155th consecutive cash dividend paid by First Midwest since its inception in 1983. In addition, the Board of Directors declared a quarterly cash dividend of $17.50 per share (equivalent ...
FIRST MIDWEST BANC sees an upgrade to Positive due to a better fundame...
The general evaluation of FIRST MIDWEST BANC (US), a company active in the Money Center Banks industry, has been upgraded by the independent financial analyst theScreener with the addition of a star. Its fundamental valuation now shows 3 out of 4 possible stars while its market behaviour can be considered as defensive. theScreener believes that the additional star(s) merits the upgrade of its general evaluation to Positive. As of the analysis date August 24, 2021, the closing price was USD 18.61...
First Midwest Bancorp, Inc. Announces 2021 Second Quarter Results – EP...
First Midwest Bancorp, Inc. Announces 2021 Second Quarter Results – EPS Up 156% From a Year Ago CHICAGO, July 20, 2021 (GLOBE NEWSWIRE) -- First Midwest Bancorp, Inc. (the "Company" or "First Midwest"), the holding company of First Midwest Bank (the "Bank"), today reported results of operations and financial condition for the second quarter of 2021. Net income applicable to common shares for the second quarter of 2021 was $47 million, or $0.41 per diluted common share, compared to $41 million, or $0.36 per diluted common share, for the first quarter of 2021, and $18 million, or $0.16 per ...
First Midwest Obtains Certification to Participate in the BankOn Progr...
First Midwest Obtains Certification to Participate in the BankOn Program CHICAGO, July 14, 2021 (GLOBE NEWSWIRE) -- First Midwest Bank today announced it has been certified to participate in the Cities for Financial Empowerment Fund’s BankOn program, which provides unbanked households with access to safe and affordable banking services. “Millions of American households, and particularly those in disadvantaged populations, do not have access to conventional and affordable banking products and services to support their basic financial needs,” said Mark Sander, President and Chief Operatin...
First Midwest Bancorp, Inc. Announces Schedule for 2021 Second Quarter...
First Midwest Bancorp, Inc. Announces Schedule for 2021 Second Quarter Earnings Release and Conference Call CHICAGO, July 08, 2021 (GLOBE NEWSWIRE) -- First Midwest Bancorp, Inc. (“First Midwest”), the holding company of First Midwest Bank, today announced the following schedule and contact information for its 2021 second quarter earnings release and conference call: Earnings Release: Tuesday, July 20, 2021, before market open, by GlobeNewswire distribution and First Midwest’s website at investor.firstmidwest.com.Conference Call: Tuesday, July 20, 2021, at 10:00 A.M. ET. Listen-only mode...
First Midwest Bank and 101.9 The Mix Announce Inspiring Women in Busin...
First Midwest Bank and 101.9 The Mix Announce Inspiring Women in Business Award Winner CHICAGO, June 11, 2021 (GLOBE NEWSWIRE) -- First Midwest Bank and 101.9 THE MIX are pleased to announce that Shantenekia Phillips, owner of Alabasta Wellness Boutique & Salon in Oak Park, Illinois, has taken the top prize in the 2021 contest, a program that recognizes and celebrates women-owned businesses in Illinois, Iowa, Indiana, and Wisconsin. Phillips received $5,000 to invest in her business and another $5,000 to donate to a local nonprofit organization of her choice, which was Bag Lady Outreach....
First Midwest Bancorp, Inc. Declares Quarterly Dividends
First Midwest Bancorp, Inc. Declares Quarterly Dividends CHICAGO, May 20, 2021 (GLOBE NEWSWIRE) -- First Midwest Bancorp, Inc. (the “Company”) today announced that its Board of Directors declared a quarterly cash dividend of $0.14 per share on the Company’s common stock. This quarterly cash dividend will be payable on July 13, 2021 to common stockholders of record on June 25, 2021 and will represent the 154th consecutive cash dividend paid by First Midwest since its inception in 1983. In addition, the Board of Directors declared a quarterly cash dividend of $17.50 per share (equivalent t...
First Midwest Bancorp, Inc. Announces 2021 First Quarter Results – EPS...
First Midwest Bancorp, Inc. Announces 2021 First Quarter Results – EPS Up 100% From a Year Ago CHICAGO, April 20, 2021 (GLOBE NEWSWIRE) -- First Midwest Bancorp, Inc. (the "Company" or "First Midwest"), the holding company of First Midwest Bank (the "Bank"), today reported results of operations and financial condition for the first quarter of 2021. Net income applicable to common shares for the first quarter of 2021 was $41 million, or $0.36 per diluted common share, compared to $37 million, or $0.33 per diluted common share, for the fourth quarter of 2020, and $19 million, or $0.18 per d...
First Midwest Bancorp, Inc. Announces Schedule for 2021 First Quarter ...
First Midwest Bancorp, Inc. Announces Schedule for 2021 First Quarter Earnings Release and Conference Call CHICAGO, April 08, 2021 (GLOBE NEWSWIRE) -- First Midwest Bancorp, Inc. (“First Midwest”), the holding company of First Midwest Bank, today announced the following schedule and contact information for its 2021 first quarter earnings release and conference call: Earnings Release: Tuesday, April 20, 2021, after the market close, by GlobeNewswire distribution and First Midwest’s website at investor.firstmidwest.com.Conference Call: Wednesday, April 21, 2021, at 11:00 A.M. ET. Listen-on...
First Midwest Bank Partners With 101.9 THE MIX to Honor Women-Owned Bu...
First Midwest Bank Partners With 101.9 THE MIX to Honor Women-Owned Businesses CHICAGO, March 15, 2021 (GLOBE NEWSWIRE) -- For the second straight year, First Midwest Bank has joined forces with 101.9 THE MIX to celebrate and recognize women-owned businesses through its Inspiring Women in Business contest. The grand prize winner will be awarded $5,000 for her business and another $5,000 to donate to a local non-profit organization. “While the last year has been incredibly challenging for all small business owners, many studies show that the pandemic has disproportionally impacted the hea...
First Midwest Bancorp, Inc. Declares Quarterly Dividends
First Midwest Bancorp, Inc. Declares Quarterly Dividends Resumes Stock Repurchase Program CHICAGO, Feb. 22, 2021 (GLOBE NEWSWIRE) -- First Midwest Bancorp, Inc. (the “Company” or “First Midwest”) today announced that its Board of Directors declared a quarterly cash dividend of $0.14 per share on the Company’s common stock. This quarterly cash dividend will be payable on April 13, 2021 to common stockholders of record on March 26, 2021 and will represent the 153rd consecutive cash dividend paid by First Midwest since its inception in 1983. In addition, the Board of Directors declared ...
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