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First Midwest Bancorp (FMBI) Reports In-Line Q3 EPS

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First Midwest Bancorp, Inc. Announces 2018 Third Quarter Results

October 23, 2018 5:30 PM EDT

CHICAGO, Oct. 23, 2018 (GLOBE NEWSWIRE) -- First Midwest Bancorp, Inc. (the "Company" or "First Midwest") (NASDAQ NGS: FMBI), the holding company of First Midwest Bank (the "Bank"), today reported results of operations and financial condition for the third quarter of 2018. Net income for the third quarter of 2018 was $53.4 million, or $0.52 per share, compared to $29.6 million, or $0.29 per share, for the second quarter of 2018, and $38.2 million, or $0.37 per share, for the third quarter of 2017.

Reported results for the third quarter of 2018 were impacted by certain income tax... More