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First Midwest Bancorp (First Midwest Bancorp) 5-Year Yield-on-Cost % : 4.32 (As of Apr. 26, 2024)


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What is First Midwest Bancorp 5-Year Yield-on-Cost %?

First Midwest Bancorp's yield on cost for the quarter that ended in Sep. 2021 was 4.32.


The historical rank and industry rank for First Midwest Bancorp's 5-Year Yield-on-Cost % or its related term are showing as below:

FMBI' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.48   Med: 2.96   Max: 8.78
Current: 4.32


During the past 13 years, First Midwest Bancorp's highest Yield on Cost was 8.78. The lowest was 0.48. And the median was 2.96.


FMBI's 5-Year Yield-on-Cost % is not ranked
in the Banks industry.
Industry Median: 4.965 vs FMBI: 4.32

Competitive Comparison of First Midwest Bancorp's 5-Year Yield-on-Cost %

For the Banks - Regional subindustry, First Midwest Bancorp's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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 5-Year Yield-on-Cost % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, First Midwest Bancorp's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where First Midwest Bancorp's 5-Year Yield-on-Cost % falls into.



First Midwest Bancorp 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of First Midwest Bancorp is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

First Midwest Bancorp  (NAS:FMBI) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


First Midwest Bancorp 5-Year Yield-on-Cost % Related Terms

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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