First Midwest Bancorp Inc(NASDAQ:FMBI) Declares Dividend of $0.0900.

First Midwest Bancorp Inc (NASDAQ:FMBI) had declared a cash dividend of $0.0900 on Nov 17, 2016. The shares will quote ex-dividend on Dec 21, 2016 and the record date has been fixed for Dec 23, 2016. On Nov 17, 2016 share price, the yield comes out to be 1.5293%. The dividend payable date has been fixed on Jan 10, 2017.

First Midwest Bancorp Inc (FMBI) made into the market gainers list on Mondays trading session with the shares advancing 1.70% or 0.4 points. Due to strong positive momentum, the stock ended at $23.94, which is also near the day’s high of $23.98. The stock began the session at $23.6 and the volume stood at 3,32,212 shares. The 52-week high of the shares is $23.98 and the 52 week low is $14.56. The company has a current market capitalization of $1,947 M and it has 8,13,25,864 shares in outstanding.

First Midwest Bancorp Inc(FMBI) last announced its earnings results on Oct 18, 2016 for Fiscal Year 2016 and Q3.Company reported revenue of $136.82M. Analysts had an estimated revenue of $131.88M. Earnings per share were $0.32. Analysts had estimated an EPS of $0.32.

Several Insider Transactions has been reported to the SEC. On Oct 28, 2016, Kathryn Hayley (director) purchased 16,000 shares at $19.40 per share price.Also, On Aug 24, 2016, Robert P Diedrich (EVP, Wealth Management) sold 1,200 shares at $19.17 per share price.On Oct 26, 2015, Thomas M Prame (EVP, Retail Banking) sold 2,225 shares at $17.52 per share price, according to the Form-4 filing with the securities and exchange commission.

First Midwest Bancorp Inc. is an independent publicly-traded banking company. Its principal subsidiary First Midwest Bank (the Bank) is a state-chartered bank and provides banking and wealth management services to commercial and industrial commercial real estate municipal and consumer customers primarily throughout the greater Chicago metropolitan area as well as northwest Indiana central and western Illinois and eastern Iowa. Through its subsidiaries the Company offers equipment leasing commercial financing and wealth management services. The Bank originates commercial and industrial agricultural commercial real estate and consumer loans. The Company’s subsidiaries also include First Midwest Equipment Finance Co. First Midwest Securities Management LLC LIH Holdings LLC Synergy Property Holdings LLC First Midwest Holdings Inc. Catalyst Asset Holdings LLC and Parasol Investment Management LLC.

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