Today, the Bank EVP, Chief Credit Officer of First Midwest Bancorp (NASDAQ: FMBI), Michael Spitler, sold shares of FMBI for $246.8K.
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Based on First Midwest Bancorp’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $167 million and quarterly net profit of $33.2 million. In comparison, last year the company earned revenue of $164 million and had a net profit of $22.62 million. The company has a one-year high of $26.55 and a one-year low of $20.50. FMBI’s market cap is $2.52B and the company has a P/E ratio of 23.03.
The insider sentiment on First Midwest Bancorp has been negative according to 93 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
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First Midwest Bancorp, Inc. (Illinois) is a bank holding company, which engages in the provision of banking, treasury, and wealth management products and services to commercial and industrial, commercial real estate, municipal, and consumer customers. It operates throughout Chicago metropolitan, northwest Indiana, central and western Illinois, and eastern Iowa. The company was founded in 1982 and is headquartered in Itasca, IL.
