First Midwest Bancorp Q1 Profit Rises

(RTTNews) - First Midwest Bancorp Inc. (FMBI) reported that its net income applicable to common shares for the first quarter of 2021 rose to $40.50 million or $0.36 per share, from $19.41 million or $0.18 per share last year.

Adjusted earnings per share were $0.37 compared to $0.22 last year. Analysts polled by Thomson Reuters expected the company to report earnings of $0.37 per share for the quarter. Analysts' estimates typically exclude special items. Total non-interest income of $45.8 million was up 16.4% from the first quarter of 2020.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Tags

More Related Articles

Info icon

This data feed is not available at this time.

Data is currently not available

Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.