First Midwest Bancorp Inc

First Midwest Bank provides personal and commercial banking services for businesses and individuals. Read more

Michael L. Scudder's photo - Chairman & CEO of First Midwest Bancorp Inc

Chairman & CEO

Michael L. Scudder

CEO Approval Rating

89/100

Founded:

1982

Status:

PublicMerger Pending with Old National BancorpNASDAQFMBI

FIRST MIDWEST BANCORP INC TOP COMPETITORS OR ALTERNATIVES

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M&T Bank is a top competitor of First Midwest Bancorp Inc. M&T Bank was founded in 1856, and is headquartered in Buffalo, New York. Like First Midwest Bancorp Inc, M&T Bank also competes in the Banks field. M&T Bank generates $5.1B more revenue vs. First Midwest Bancorp Inc.

Mb Financial Inc /md is seen as one of First Midwest Bancorp Inc's top competitors. Mb Financial Inc /md is headquartered in Chicago, Illinois, and was founded in 1911. Like First Midwest Bancorp Inc, Mb Financial Inc /md also operates in the Banks field. Mb Financial Inc /md generates 150% the revenue of First Midwest Bancorp Inc.

Morgan Stanley has been one of First Midwest Bancorp Inc's top competitors. Morgan Stanley's headquarters is in New York, New York, and was founded in 1935. Like First Midwest Bancorp Inc, Morgan Stanley also works within the Banks industry. Morgan Stanley generates 7,515% of First Midwest Bancorp Inc's revenue.

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First Midwest Bancorp Inc Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$724.3M

First Midwest Bancorp Inc's revenue is the ranked 7th among it's top 10 competitors. The top 10 competitors average 10.1B. Over the last four quarters, First Midwest Bancorp Inc's revenue has grown by 4.9%. Specifically, in Q1 2021's revenue was $186.9M; in Q4 2020, it was $175.8M; in Q3 2020, it was $183.3M; in Q2 2020, First Midwest Bancorp Inc's revenue was $178.2M.

First Midwest Bancorp Inc Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Park Bank

Aug 2019

Source »
$195M
Park Bank provides loans, mortgages, insurance planning and wealth management services for individuals and businesses.
Bridgeview Bank Group

Dec 2018

Source »
$145M
Bridgeview provides loans, mortgages, lending, insurance planning, and wealth management services for individuals and businesses.
Northern Oak Wealth Management, Inc.

Nov 2018

Source »
undisclosed
Northern Oak is an investment advisory firm that provides portfolio management, financial planning, insurance, and taxation services.
NorStates Bank

Jun 2018

Source »
$91M
NorStates is a financial institution that focuses on providing loan, deposit and cash management services for customers.
Premier Asset Management LLC

Mar 2017

Source »
undisclosed
Premier is a provider of investment advisory services for private and institutional investors.

These are all the companies that First Midwest Bancorp Inc has acquired. First Midwest Bancorp Inc has acquired 11 companies and its latest acquisition was Park Bank in Aug 2019. Park Bank provides loans, mortgages, insurance planning and wealth management services for individuals and businesses.

First Midwest Bancorp Inc Funding History

No recent funding data found related to First Midwest Bancorp Inc

First Midwest Bancorp Inc Investments

No recent investments found related to First Midwest Bancorp Inc

These are all the companies that First Midwest Bancorp Inc has invested in. First Midwest Bancorp Inc has invested 11 companies and its latest investment was Park Bank in Aug 2019. Park Bank provides loans, mortgages, insurance planning and wealth management services for individuals and businesses.

First Midwest Bancorp Inc News

June 1, 2021The Business Journals: Greensboro/Winston-Salem/High Point

First Midwest Bancorp merging with Old National Bancorp of Indiana

The new organization will operate under the Old National Bancorp and Old National Bank names, with du... See more »
May 31, 2021The Business Journals: Louisville Business First

Old National Bank merging with Chicago-based financial institution

The new organization will operate under the Old National Bancorp and Old National Bank names, with du... See more »
May 7, 2021MarketScreener

Nadine Johnson Recognized as a Corporate Woman of Achievement by the National Association of Women Business Owners

(marketscreener.com) CHICAGO, IL, May 7, 2021- First Midwest Bank today announced that Nadine Johnson... See more »
April 20, 2021Markets Insider

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 Midw... See more »
April 8, 2021Benzinga

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 holdin... See more »
March 15, 2021MarketScreener

First Midwest Bank Partners With 101.9 THE MIXto Honor Women-Owned Businesses

(marketscreener.com) CHICAGO, March 15, 2021 -- For the second straight year, First Midwest Bank has ... See more »
February 23, 2021MarketScreener

Bank Ranked One of the Top 100 Banks of 2021 by GOBankingRates.com

(marketscreener.com) CHICAGO, February 23, 2021- First Midwest Bank today announced that it has been ... See more »

First Midwest Bancorp Inc Press Releases

March 23, 2020centralcharts

FIRST MIDWEST ANNOUNCES FINANCIAL RELIEF PROGRAMS FOR CLIENTS IMPACTED BY COVID-19

CHICAGO, March 23, 2020 (GLOBE NEWSWIRE) -- First Midwest Bank today announced it is offering several... See more »
February 3, 2020StreetInsider

First Midwest Bank Teams Up With 101.9 THE MIX to Honor Women-Owned Businesses

CHICAGO, Feb. 03, 2020 (GLOBE NEWSWIRE) -- First Midwest Bank has joined forces with 101.9 THE MIX to... See more »
December 20, 2019centralcharts

First Midwest Honored for Outstanding Corporate Board Diversity

CHICAGO, Dec. 20, 2019 (GLOBE NEWSWIRE) -- First Midwest Bancorp, Inc. ("First Midwest") today announ... See more »
December 10, 2019centralcharts

First Midwest Bank to Celebrate Opening of New Branch in Davenport, Iowa

CHICAGO, Dec. 10, 2019 (GLOBE NEWSWIRE) -- First Midwest Bank today announced it is enhancing its abi... See more »
September 26, 2019Business Wire

Entrepreneurs of Color Fund Exceeds $9 Million with Investments from Six New Funders to Boost Minority-Owned Small Businesses on the South and West Sides

CHICAGO--(BUSINESS WIRE)--Accion Chicago (Accion) and Local Initiatives Support Corporation (LISC) - ... See more »
September 25, 2019centralcharts

First Midwest Bank Joins Forces With LISC Chicago to Support Entrepreneurs of Color Fund

CHICAGO, Sept. 25, 2019 (GLOBE NEWSWIRE) -- First Midwest Bank today announced it is joining forces w... See more »
January 22, 2019CENTRALCHARTS

First Midwest Bancorp, Inc. Announces 2018 Fourth Quarter and Full Year Results

CHICAGO, Jan. 22, 2019 (GLOBE NEWSWIRE) -- First Midwest Bancorp, Inc. (the "Company" or "First Midwe... See more »

First Midwest Bancorp Inc Videos

October 29, 2019First Midwest Youtube Channel

"Building an empire." on YOUTUBE

October 29, 2019First Midwest Youtube Channel

"An Unstoppable Woman" on YOUTUBE

March 13, 2018First Midwest Bank Youtube Channel

"Midwest Minute: Refinancing" on YOUTUBE

March 17, 2016First Midwest Bank Youtube Channel

"Happy St. Patrick's Day from First Midwest Bank" on YOUTUBE

Social Media

First Midwest Bancorp Inc Headquarters

8750 W Bryn Mawr Avenue

Chicago, Illinois60631

800-322-3623

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First Midwest Bancorp Inc Summary

ABOUT

Overview

First Midwest Bank provides personal and commercial banking services for businesses and individuals. First Midwest Bancorp Inc was founded in 1982. First Midwest Bancorp Inc's headquarters is located in Chicago, Illinois, USA 60631. First Midwest Ban...

CEO

First Midwest Bancorp Inc's Chairman & CEO, Michael L. Scudder, currently has an approval rating of 89%. First Midwest Bancorp Inc's primary competitors are M&T Bank, Mb Financial Inc /md & Morgan Stanley.

Frequently Asked Questions about First Midwest Bancorp Inc

  1. When was First Midwest Bancorp Inc founded?

    First Midwest Bancorp Inc was founded in 1982
  2. Who is First Midwest Bancorp Inc's CEO?

    First Midwest Bancorp Inc's CEO is Michael L. Scudder
  3. How much revenue does First Midwest Bancorp Inc generate?

    First Midwest Bancorp Inc generates $724.3M in revenue
  4. How much funding does First Midwest Bancorp Inc have?

    First Midwest Bancorp Inc has historically raised $0 in funding
  1. Where is First Midwest Bancorp Inc's headquarters?

    First Midwest Bancorp Inc's headquarters is in Chicago Illinois, USA
  2. How many employees does First Midwest Bancorp Inc have?

    First Midwest Bancorp Inc has 2,046 employees
  3. What sector does First Midwest Bancorp Inc operate in?

    First Midwest Bancorp Inc is in Banks, Diversified Financial Services, Mortgage Finance
  4. Who are First Midwest Bancorp Inc's competitors?

    First Midwest Bancorp Inc's top competitors are M&T Bank, Mb Financial Inc /md, Morgan Stanley