First Midwest Bancorp (First Midwest Bancorp) Dividend Payout Ratio : 0.32 (As of Sep. 2021)

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What is First Midwest Bancorp Dividend Payout Ratio?

First Midwest Bancorp's dividend payout ratio for the months ended in Sep. 2021 was 0.32.

The historical rank and industry rank for First Midwest Bancorp's Dividend Payout Ratio or its related term are showing as below:

FMBI' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.11 Med: 0.32 Max: 0.64
Current: 0.35

During the past 13 years, the highest Dividend Payout Ratio of First Midwest Bancorp was 0.64. The lowest was 0.11. And the median was 0.32.

FMBI's Dividend Payout Ratio is not ranked
in the Banks industry.
Industry Median: 0.35 vs FMBI: 0.35

As of today (2024-05-07), the Dividend Yield % of First Midwest Bancorp is 2.60%.

During the past 13 years, the highest Trailing Annual Dividend Yield of First Midwest Bancorp was 5.28%. The lowest was 0.29%. And the median was 1.78%.

First Midwest Bancorp's Dividends per Share for the months ended in Sep. 2021 was $0.14.

During the past 12 months, First Midwest Bancorp's average Dividends Per Share Growth Rate was 3.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 12.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 10.70% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 34.70% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of First Midwest Bancorp was 108.00% per year. The lowest was -67.80% per year. And the median was 10.05% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

First Midwest Bancorp Dividend Payout Ratio Historical Data

The historical data trend for First Midwest Bancorp's Dividend Payout Ratio 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 Dividend Payout Ratio Chart

First Midwest Bancorp Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dividend Payout Ratio

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0.41

0.30

0.64

0.35

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
Dividend Payout Ratio	Get a 7-Day Free Trial															0.42	0.39	0.34	0.32	0.36

Competitive Comparison of First Midwest Bancorp's Dividend Payout Ratio

For the Banks - Regional subindustry, First Midwest Bancorp's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, First Midwest Bancorp's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where First Midwest Bancorp's Dividend Payout Ratio falls into.

First Midwest Bancorp Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

First Midwest Bancorp's Dividend Payout Ratio for the fiscal year that ended in Dec. 2020 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2020 )	/	EPS without NRI (A: Dec. 2020 )
	=	0.56	/	0.87
	=	0.64

First Midwest Bancorp's Dividend Payout Ratio for the quarter that ended in Sep. 2021 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Sep. 2021 )	/	EPS without NRI (Q: Sep. 2021 )
	=	0.14	/	0.44
	=	0.32

First Midwest Bancorp (NAS:FMBI) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

First Midwest Bancorp Dividend Payout Ratio Related Terms

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

First Midwest Bancorp (First Midwest Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » First Midwest Bancorp Inc (NAS:FMBI) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

8750 West Bryn Mawr Avenue, Suite 1300, Chicago, IL, USA, 60631-3655

Website

https://www.firstmidwest.com

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