First Midwest Bancorp (FMBI) will raise its quarterly dividend by ten percent to $0.11 per share in the first quarter of 2018. The new dividend yield for FMBI is 1.8%.
First Midwest is a relationship-based financial institution and one of the largest independent publicly-traded bank holding companies. First Midwest’s principal subsidiary, First Midwest Bank, and other affiliates provide a full range of commercial, equipment leasing, retail, wealth management, trust and private banking products and services through its locations in metropolitan Chicago, northwest Indiana, central and western Illinois, and eastern Iowa.