FMBI · First Midwest Bancorp Inc - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - |
| Cost of Revenue | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - |
| SG&A | - | - | - | - | - | - |
| Total Operating Expenses | - | - | - | - | - | - |
| D&A | $16.45M | $16.37M | $15.87M | $13.99M | $12.80M | $13.37M |
| Operating Income | $134.98M | $265.94M | $197.06M | $187.95M | $138.52M | $119.81M |
| Interest Expense | $71.67M | $110.26M | $65.87M | $37.71M | $28.64M | $24.39M |
| Income Tax | $27.08M | $66.20M | $39.19M | $89.57M | $46.17M | $37.75M |
| Net Income | $97.80M | $198.06M | $156.56M | $97.47M | $91.31M | $81.18M |
| EPS - Basic | $0.87 | $1.83 | $1.52 | $0.96 | $1.14 | $1.05 |
| EPS - Diluted | $0.87 | $1.82 | $1.52 | $0.96 | $1.14 | $1.05 |
Balance Sheet
| Line item | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $1.12B | $262.15M | $289.26M | $346.57M | $262.15M | $381.20M |
| Accounts Receivable | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - |
| Current Assets | - | - | - | - | - | - |
| Total Assets | $20.84B | $17.85B | $15.51B | $14.08B | $11.42B | $9.73B |
| Current Liabilities | - | - | - | - | - | - |
| Long-term Debt | $234.77M | $233.95M | $203.81M | $195.17M | $194.60M | $201.21M |
| Total Liabilities | $18.15B | $15.48B | $13.45B | $12.21B | $10.17B | $8.59B |
| Stockholders' Equity | $2.69B | $2.37B | $2.05B | $1.86B | $1.26B | $1.15B |
| Retained Earnings | $1.39B | $1.38B | $1.19B | $1.07B | $1.02B | $953.52M |
Cash Flow
| Line item | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $135.04M | $227.11M | $121.73M | $234.56M | $121.05M | $126.24M |
| Investing Cash Flow | ($1.10B) | ($1.05B) | ($1.00B) | ($145.78M) | ($1.05B) | ($498.39M) |
| Financing Cash Flow | $1.78B | $837.05M | $691.89M | ($4.36M) | $809.24M | $114.82M |
| CapEx | $11.28M | $20.33M | $27.80M | $16.12M | $19.08M | $11.27M |
| Free Cash Flow | $123.76M | $206.78M | $93.93M | $218.44M | $101.96M | $114.97M |
Ratios
| Metric | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | - | - | - | - | - | - |
| Operating margin | - | - | - | - | - | - |
| EBITDA margin | - | - | - | - | - | - |
| Net margin | - | - | - | - | - | - |
| Free cash flow margin | - | - | - | - | - | - |
| FCF / Net income | 1.27 | 1.04 | 0.60 | 2.24 | 1.12 | 1.42 |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - |
| Effective tax rate | 21.7% | 25.1% | 20.0% | 47.9% | 33.6% | 31.7% |
| Return on assets | 0.5% | 1.1% | 1.0% | 0.7% | 0.8% | 0.8% |
| Return on equity | 3.6% | 8.4% | 7.6% | 5.2% | 7.3% | 7.1% |
| Return on invested capital | 3.6% | 7.7% | 7.0% | 4.8% | 6.3% | 6.1% |
| Liquidity | ||||||
| Current ratio | - | - | - | - | - | - |
| Quick ratio | - | - | - | - | - | - |
| Cash ratio | - | - | - | - | - | - |
| Leverage | ||||||
| Debt / Equity | 0.09 | 0.10 | 0.10 | 0.10 | 0.15 | 0.18 |
| Debt / Assets | 0.01 | 0.01 | 0.01 | 0.01 | 0.02 | 0.02 |
| Debt / EBITDA | 1.55 | 0.83 | 0.96 | 0.97 | 1.29 | 1.51 |
| Interest coverage | 1.9x | 2.4x | 3.0x | 5.0x | 4.8x | 4.9x |
| Equity multiplier | 7.75 | 7.53 | 7.55 | 7.55 | 9.09 | 8.49 |
| Liabilities / Assets | 0.87 | 0.87 | 0.87 | 0.87 | 0.89 | 0.88 |
| Efficiency | ||||||
| Asset turnover | - | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - |
| Valuation | ||||||
| P / E | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - |
| Growth | ||||||
| Revenue growth (YoY) | - | - | - | - | - | - |
| Revenue CAGR (3y) | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - |
| Gross profit growth (YoY) | - | - | - | - | - | - |
| Operating income growth (YoY) | -49.2% | 35.0% | 4.8% | 35.7% | 15.6% | 19.2% |
| Net income growth (YoY) | -50.6% | 26.5% | 60.6% | 6.8% | 12.5% | 18.6% |
| EPS growth (YoY) | -52.2% | 19.7% | 58.3% | -15.8% | 8.6% | 14.1% |
| EPS CAGR (3y) | -3.2% | 16.9% | 13.1% | 1.4% | 2.5% | - |
| EPS CAGR (5y) | -3.7% | 14.6% | 7.5% | - | 26.6% | 1.0% |
| FCF growth (YoY) | -40.1% | 120.1% | -57.0% | 114.2% | -11.3% | -26.2% |
| FCF CAGR (5y) | 1.5% | 5.8% | -5.1% | 6.3% | 6.8% | -5.1% |
| Book value growth (YoY) | 13.5% | 15.4% | 10.2% | 48.3% | 9.7% | 4.1% |
Stability scores
Piotroski F-score
FY 2020 · 9-point quality
3/9
Weak
- ✓Net income positive
- ✓Operating cash flow positive
- ✗ROA improved YoY
- ✓Cash flow > net income
- ✗Long-term debt decreased
- -Current ratio improved
- ✗No share dilution
- -Gross margin improved
- -Asset turnover improved
Peer comparison
Same SIC group: National Commercial Banks
Comparing FIRST MIDWEST BANCORP INC against the 5 most active filers in the same SIC group.