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First Midwest Bancorp (First Midwest Bancorp) Net Margin % : 28.82% (As of Sep. 2021)


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What is First Midwest Bancorp Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. First Midwest Bancorp's Net Income for the three months ended in Sep. 2021 was $54.9 Mil. First Midwest Bancorp's Revenue for the three months ended in Sep. 2021 was $190.4 Mil. Therefore, First Midwest Bancorp's net margin for the quarter that ended in Sep. 2021 was 28.82%.

The historical rank and industry rank for First Midwest Bancorp's Net Margin % or its related term are showing as below:

FMBI' s Net Margin % Range Over the Past 10 Years
Min: -5.74   Med: 18.06   Max: 26.58
Current: 26.57


FMBI's Net Margin % is not ranked
in the Banks industry.
Industry Median: 25.03 vs FMBI: 26.57

First Midwest Bancorp Net Margin % Historical Data

The historical data trend for First Midwest Bancorp's Net Margin % 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 Net Margin % Chart

First Midwest Bancorp Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.70 23.88 26.58 14.98 26.57

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
Net Margin % 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 23.66 24.09 26.83 28.82 26.49

Competitive Comparison of First Midwest Bancorp's Net Margin %

For the Banks - Regional subindustry, First Midwest Bancorp's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, First Midwest Bancorp's Net Margin % distribution charts can be found below:

* The bar in red indicates where First Midwest Bancorp's Net Margin % falls into.



First Midwest Bancorp Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

First Midwest Bancorp's Net Margin for the fiscal year that ended in Dec. 2020 is calculated as

Net Margin=Net Income (A: Dec. 2020 )/Revenue (A: Dec. 2020 )
=107.898/720.302
=14.98 %

First Midwest Bancorp's Net Margin for the quarter that ended in Sep. 2021 is calculated as

Net Margin=Net Income (Q: Sep. 2021 )/Revenue (Q: Sep. 2021 )
=54.863/190.376
=28.82 %

* 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) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


First Midwest Bancorp Net Margin % 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

First Midwest Bancorp (First Midwest Bancorp) Headlines

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