Split History
FMBI split history picture
First Midwest Bancorp (FMBI) has 3 splits in our FMBI split history database. The first split for FMBI took place on December 17, 1996. This was a 5 for 4 split, meaning for each 4 shares of FMBI owned pre-split, the shareholder now owned 5 shares. For example, a 1000 share position pre-split, became a 1250 share position following the split. FMBI's second split took place on December 21, 1999. This was a 3 for 2 split, meaning for each 2 shares of FMBI owned pre-split, the shareholder now owned 3 shares. For example, a 1250 share position pre-split, became a 1875 share position following the split. FMBI's third split took place on December 17, 2001. This was a 5 for 4 split, meaning for each 4 shares of FMBI owned pre-split, the shareholder now owned 5 shares. For example, a 1875 share position pre-split, became a 2343.75 share position following the split.

When a company such as First Midwest Bancorp splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business.

Looking at the FMBI split history from start to finish, an original position size of 1000 shares would have turned into 2343.75 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into First Midwest Bancorp shares, starting with a $10,000 purchase of FMBI, presented on a split-history-adjusted basis factoring in the complete FMBI split history. FMBI split adjusted history picture

Growth of $10,000.00
With Dividends Reinvested

Start date: 01/31/2012
End date: 01/28/2022
Start price/share: $10.88
End price/share: $20.68
Starting shares: 919.12
Ending shares: 1,125.54
Dividends reinvested/share: $3.73
Total return: 132.76%
Average Annual Total Return: 8.82%
Starting investment: $10,000.00
Ending investment: $23,285.59
Years: 10.00
 
Growth of $10,000.00
Without Dividends Reinvested

Start date: 01/31/2012
End date: 01/28/2022
Start price/share: $10.88
End price/share: $20.68
Dividends collected/share: $3.73
Total return: 124.36%
Average Annual Total Return: 8.42%
Starting investment: $10,000.00
Ending investment: $22,443.68
Years: 10.00
First Midwest Bancorp is a bank holding company. Through its subsidiary, First Midwest Bank (the Bank), Co. provides a range of commercial, treasury management, equipment leasing, consumer, wealth management, trust, and private banking products and services. The Bank provides deposit products and services, including checking, money market, and savings accounts and short and long-term certificates of deposit. The Bank provides debit and automated teller machine cards, credit cards, internet and mobile banking, and telephone banking. The Bank originates commercial and industrial, agricultural, commercial real estate, and consumer loans to businesses and residents in the Bank's market areas. According to our FMBI split history records, First Midwest Bancorp has had 3 splits.
Date Ratio
12/17/19965 for 4
12/21/19993 for 2
12/17/20015 for 4
FMBI is categorized under the Financials sector; below are some other companies in the same sector that also have a history of stock splits:

FMD Split History
FMER Split History
FMFC Split History
FMK Split History
FMN Split History
FMNB Split History
FMO Split History
FNBC Split History
FNBG Split History
FNBN Split History

Also explore: FMBI shares outstanding history

Email EnvelopeFree FMBI Email Alerts:
Get Dividend Alerts
Get SEC Filing Alerts

Great Elm Capital Corp. (GECC)
AeroCentury Corp. (ACY)
NAPCO Security Technologies, Inc. (NSSC)
Equitable Group Inc. (EQB.CA)
U.S. Well Services (USWS)
InMode Ltd. (INMD)
Sonim Technologies, Inc. (SONM)
AzurRx BioPharma, Inc. (AZRX)
Jaguar Health, Inc. (JAGX)
Microchip Technology Incorporated (MCHP)
More latest stock splits »
Latest mega mergers »
Latest stock buybacks »

FMBI Insider Buying

FMBI Split History | www.SplitHistory.com | Copyright © 2013 - 2022, All Rights Reserved

Nothing in www.SplitHistory.com is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. Split history database is not guaranteed to be complete or free of errors. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Service. Video widget and market videos powered by Market News Video. Quote and option data delayed at least 15 minutes; stock quote data powered by Ticker Technologies, and Mergent.