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First Savings Financial Group Inc

First Midwest Bancorp, Inc. (symbol: FMBI) is a regional bank holding company based in the Midwest of the United States. The company provides a range of banking services to individuals, businesses, and municipalities through its subsidiary, First Midwest Bank. Here's a brief overview of some key aspects of the company:

1. Financial Performance: For the full year 2021, First Midwest Bancorp reported net income of $243.2 million, representing an increase of 71.1% compared to the previous year. Diluted earnings per share (EPS) for the year were $1.89, up from $1.09 in 2020.

2. Revenue Growth: The company's total revenue for the full year 2021 was $1.2 billion, an increase of 15.3% compared to the previous year. Net interest income, which is the bank's primary source of revenue, increased by 12.3% to $856.8 million.

3. Efficiency Ratio: First Midwest Bancorp's efficiency ratio for the full year 2021 was 58.1%, which indicates that the bank is efficiently managing its expenses relative to its revenue. An efficiency ratio below 60% is generally considered a good benchmark for a well-run bank.

4. Loans and Deposits: As of December 31, 2021, First Midwest Bancorp had total loans of $10.5 billion and total deposits of $14.4 billion, representing increases of 10.5% and 16.7%, respectively, compared to the previous year.

5. Dividend Policy: The company pays a quarterly cash dividend to its shareholders. For example, the quarterly dividend for Q1 2022 was $0.185 per share, representing an annualized dividend yield of approximately 2.1% based on the stock price as of March 15, 2023.

6. Valuation Metrics: As of March 15, 2023, First Midwest Bancorp had a price-to-earnings (P/E) ratio of 11.3x based on its trailing twelve-month earnings per share (EPS) of $3.21. The bank's price-to-book (P/B) ratio was 1.2x based on its most recent book value per share of $41.11.

Overall, First Midwest Bancorp has demonstrated solid financial performance and growth in recent years. The company's profitability, revenue growth, and efficiency ratio are all strong, and it pays a dividend to shareholders. However, as with any investment, it's important to conduct your own research and consider seeking advice from a financial advisor before making investment decisions.