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Blue Chip Growth

Stock Report: "First Midwest Bancorp, Inc." (FMBI) Report Updated: Jun 21, 2016 | Print This Page

Get more stock ratings by Louis Navellier

"First Midwest Bancorp, Inc." (FMBI)

Rating: Hold Volatility: Conservative
Total Grade: C Industry: Banks
Competitors: CARO,SBBX,SMMF,TOWN

Stock Analysis

Rating: Monthly View

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Rating: Weekly View

This Week: C down no change
Last Week: C same downgrade
Two Weeks Ago: B up no change
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"First Midwest Bancorp, Inc."© quotemedia

Company Profile

First Midwest Bancorp, Inc. operates as the holding company for First Midwest Bank, which provides various commercial and retail banking services to individual, business, institutional, and governmental customers. The company’s deposit products include checking accounts, NOW accounts, money market accounts, savings accounts, individual and retirement accounts, as well as time deposits ranging from shorter-term to longer-term certificates of deposit. It also provides commercial, industrial, and agricultural loans for supporting seasonal working capital needs to term financing of equipment; commercial real estate loans; construction loans; and consumer loans, including home equity loans and lines of credit, and 1-4 family mortgages. In addition, the company offers wealth management services to individual and institutional clients, such as corporate and public retirement plans, foundations and endowments, high net worth individuals, and multi-employer trust funds. It operates 109 banking locations located in greater Chicago metropolitan area, northwest Indiana, central and western Illinois, and eastern Iowa. The company was founded in 1982 and is headquartered in Itasca, Illinois.