First Midwest Bancorp (FMBI) Tops Q2 EPS by 1c

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First Midwest Bancorp, Inc. Announces 2016 Second Quarter Results

July 19, 2016 6:00 PM EDT

ITASCA, IL -- (Marketwired) -- 07/19/16 -- First Midwest Bancorp, Inc. (the "Company" or "First Midwest") (NASDAQ: FMBI), the holding company of First Midwest Bank (the "Bank"), today reported results of operations and financial condition for the second quarter of 2016. Net income for the second quarter of 2016 was $25.3 million, or $0.31 per share. This compares to $18.0 million, or $0.23 per share, for the first quarter of 2016, and $22.6 million, or $0.29 per share, for the second quarter of 2015. Performance for the second and first quarters of 2016 were impacted by acquisition and integration related pre-tax expenses of $618,000 and $5.0 million, respectively.... More