First Midwest Bancorp Q1 Earnings Advance 6%

(RTTNews) - First Midwest Bancorp (FMBI) released a profit for its first quarter that increased compared to the same period last year.

The company said its bottom line rose to $20.76 million, or $0.27 per share. This was higher than $19.65 million, or $0.26 per share, in last year's first quarter.

Analysts had expected the company to earn $0.28 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

First Midwest Bancorp earnings at a glance:

-Earnings (Q1): $20.76 Mln. vs. $19.65 Mln. last year. -Earnings Growth (Y-o-Y): 5.6% -EPS (Q1): $0.27 vs. $0.26 last year. -EPS Growth (Y-o-Y): 3.8% -Analysts Estimate: $0.28