FMBI NASDAQ
Chicago, IL 60631-3655
US
First Midwest Bancorp, Inc., established in 1982 and headquartered in Chicago, Illinois, serves as the parent company for First Midwest Bank, offering a comprehensive array of banking products and services. The institution provides various deposit options, including checking, NOW (Negotiable Order of Withdrawal), money market, and savings accounts, in addition to both short-term and long-term certificates of deposit. The bank's lending portfolio is extensive, covering commercial and consumer needs. For businesses, it offers financing for working capital, accounts receivable, inventory, and equipment. Specialized lending solutions cater to sectors such as healthcare, asset-based financing, structured finance, and syndications, alongside agricultural loans and funding for the construction, purchase, refinancing, or improvement of commercial real estate. Consumers can access mortgages, home equity lines and loans, personal loans, specialty loans, and both secured and unsecured consumer credit. Beyond traditional banking, First Midwest delivers sophisticated treasury management services. These include automated clearing house (ACH) collection, lockbox services, remote deposit capture, financial electronic data interchange (EDI), wire transfers, account reconciliation, controlled disbursement, direct deposit, positive pay, information reporting, corporate credit cards, liquidity management, fraud prevention, and merchant services. The company also offers wealth management services, providing fiduciary and executor responsibilities, financial planning, investment advisory, and private banking to a diverse clientele, including corporate and public retirement plans, foundations, endowments, high-net-worth individuals, and multi-employer trust funds. Further supporting its customers, the bank provides debit, ATM, and credit cards, along with digital banking capabilities via internet and mobile platforms, telephone banking, and financial education resources. First Midwest Bank maintains a significant physical presence with 115 branch locations and 184 ATMs situated across metropolitan Chicago, southeastern Wisconsin, northwestern Indiana, central and western Illinois, eastern Iowa, and other key markets throughout the Midwest region.
Recent Insider Trades
| Name | Type | Shares | Price | Date |
|---|---|---|---|---|
| Boylan Jo Ann | D-Return | 33,988 | $18.92 | 2022-02-15 |
| Boylan Jo Ann | D-Return | 38 | — | 2022-02-15 |
| Chulos Nicholas J | D-Return | 10,757 | $18.92 | 2022-02-15 |
| Geoghegan Kevin P | D-Return | 1,631 | $18.92 | 2022-02-15 |
| Hotchkiss James P | D-Return | 2,396 | $18.92 | 2022-02-15 |