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First Midwest Bancorp (First Midwest Bancorp) Equity-to-Asset : 0.13 (As of Sep. 2021)


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What is First Midwest Bancorp Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. First Midwest Bancorp's Total Stockholders Equity for the quarter that ended in Sep. 2021 was $2,723.2 Mil. First Midwest Bancorp's Total Assets for the quarter that ended in Sep. 2021 was $21,778.2 Mil. Therefore, First Midwest Bancorp's Equity to Asset Ratio for the quarter that ended in Sep. 2021 was 0.13.

The historical rank and industry rank for First Midwest Bancorp's Equity-to-Asset or its related term are showing as below:

FMBI' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.07   Med: 0.09   Max: 0.15
Current: 0.13

During the past 13 years, the highest Equity to Asset Ratio of First Midwest Bancorp was 0.15. The lowest was 0.07. And the median was 0.09.

FMBI's Equity-to-Asset is not ranked
in the Banks industry.
Industry Median: 0.09 vs FMBI: 0.13

First Midwest Bancorp Equity-to-Asset Historical Data

The historical data trend for First Midwest Bancorp's Equity-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

First Midwest Bancorp Equity-to-Asset Chart

First Midwest Bancorp Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.13 0.13 0.13 0.13 0.13

First Midwest Bancorp Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.13 0.13 0.13 0.13 0.13

Competitive Comparison of First Midwest Bancorp's Equity-to-Asset

For the Banks - Regional subindustry, First Midwest Bancorp's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


First Midwest Bancorp's Equity-to-Asset Distribution in the Banks Industry

For the Banks industry and Financial Services sector, First Midwest Bancorp's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where First Midwest Bancorp's Equity-to-Asset falls into.



First Midwest Bancorp Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

First Midwest Bancorp's Equity to Asset Ratio for the fiscal year that ended in Dec. 2020 is calculated as

Equity to Asset (A: Dec. 2020 )=Total Stockholders Equity/Total Assets
=2690.006/20838.678
=0.13

First Midwest Bancorp's Equity to Asset Ratio for the quarter that ended in Sep. 2021 is calculated as

Equity to Asset (Q: Sep. 2021 )=Total Stockholders Equity/Total Assets
=2723.223/21778.18
=0.13

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


First Midwest Bancorp  (NAS:FMBI) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


First Midwest Bancorp Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of First Midwest Bancorp's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


First Midwest Bancorp (First Midwest Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
8750 West Bryn Mawr Avenue, Suite 1300, Chicago, IL, USA, 60631-3655
First Midwest Bancorp Inc is a relationship-focused financial institution and largest independent publicly traded bank holding company based on assets headquartered in Chicago and the Midwest, with approximately $21 billion of assets and an additional $14 billion of assets under management. It provides a full range of commercial, treasury management, equipment leasing, consumer, wealth management, trust and private banking products and services. First Midwest operates branches and other locations throughout metropolitan Chicago, southeast Wisconsin, northwest Indiana, eastern Iowa and other markets in the Midwest.
Executives
James P Hotchkiss officer: EVP and Treasurer ONE PIERCE PLACE SUITE 1500 ITASCA IL 60143
Kevin P Geoghegan officer: EVP, Chief Credit Officer 8750 WEST BRYN MAWR AVENUE SUITE 1300 CHICAGO IL 60631
Phupinder Gill director 20 S. WACKER DR, CHICAGO IL 60606
Thomas Lynn Brown director 8750 W. BRYN MAWR, SUITE 1300, CHICAGO IL 60631
Van Arsdell Stephen C director ONE PIERCE PLACE, SUITE 1500, ITASCA IL 60143
Jo Ann Boylan officer: EVP, Chief Info/Ops Officer ONE PIERCE PLACE SUITE 1500 ITASCA IL 60143
Michael Small director C/O CENTENNIAL COMMUNICATIONS CORP, 3349 RTE 138, WALL NJ 07719
Frank Blaise Modruson director C/O ZEBRA TECHNOLOGIES CORPORATION, 3 OVERLOOK POINT, LINCOLNSHIRE IL 60069
Barbara A Boigegrain director ONE PIERCE PLACE, SUITE 1500, ITASCA IL 60143
Ellen A Rudnick director 5807 SOUTH WOODLAWN AVENUE, MP POLSKY CENTER FOR ENTREPRENEURSHIP, CHICAGO IL 60637
Peter J Henseler director C/O RC2 CORPORATION, 1111 WEST 22ND STREET, SUITE 320, OAK BROOK IL 60523
R Douglas Rose officer: EVP, Chief HR Officer 2500 LAKE COOK ROAD, RIVERWOODS IL 60015
Kathryn Hayley director C/O AON CORPORATION, LAW DEPT, 200 EAST RANDOLPH STREET, 8TH FLOOR, CHICAGO IL 60601
Michael L Scudder director, officer: Chairman & CEO 300 PARK BLVD, SUITE 405, ITASCA IL 60143
J Stephen Vanderwoude director 300 PARK BLVD SUITE 405 ITASCA IL 60143

First Midwest Bancorp (First Midwest Bancorp) Headlines

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