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Blue Chip Growth

Stock Report: "First Midwest Bancorp, Inc." (FMBI) Report Updated: Oct 27, 2014 | Print This Page

Get more stock ratings by Louis Navellier

"First Midwest Bancorp, Inc." (FMBI)

Rating: Sell Volatility: Conservative
Total Grade: D Industry: Banks
Competitors: FBIZ, BBNK, PFIS, IBCA

Stock Analysis

Rating: Monthly View

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Rating: Weekly View

This Week: D down no change
Last Week: D same no change
Two Weeks Ago: D 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. It primarily engages in generating deposits and originating loans. The company offers checking accounts, NOW accounts, money market accounts, savings accounts, time deposits, and demand deposits, as well as individual retirement accounts. It also provides commercial, industrial, and agricultural loans for supporting seasonal working capital needs to term financing of equipment; commercial real estate loans consisting of loans for industrial buildings, office buildings, and retail shopping centers; construction loans for single-family and multi-family dwellings, residential projects, and commercial projects; loans for various types of other commercial properties, such as land for future commercial development, multi-unit residential mortgages, service stations, and hotels; and consumer loans primarily, including home equity loans. In addition, the company offers a range of financial products and services, including wealth management services and other related financial services. As of April 16, 2012, it operated 100 banking offices located in communities in metropolitan Chicago, northwest Indiana, central and western Illinois, and eastern Iowa. The company was founded in 1982 and is headquartered in Itasca, Illinois.

Recent News: "First Midwest Bancorp, Inc."