FMBI Profile
First Midwest Bancorp, Inc. - FMB is a bank holding company that operates through its subsidiary First Midwest Bank. The bank provides a range of commercial and retail banking services to individuals and businesses, including commercial and industrial loans, commercial real estate loans, residential mortgages, and personal banking services. The company is headquartered in Chicago, Illinois, and operates over 100 branch locations in Illinois, Indiana, and Iowa.
In recent years, First Midwest Bancorp has been focused on growing its commercial banking operations through acquisitions, including the acquisition of the Milwaukee-based Bank of Montreal's Wisconsin bank in 2018 and the acquisition of Northern Oak Wealth Management Inc. in 2019. The company has also been investing in technology to enhance its digital banking capabilities and improve its customer experience.
As of September 30, 2021, First Midwest Bancorp had total assets of $21.3 billion, total loans of $14.7 billion, and total deposits of $18.5 billion. The company is listed on the NASDAQ stock exchange under the ticker symbol FMB.
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