First Midwest Bancorp Q3 adjusted earnings Inline With Estimates

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

The company's earnings came in at $53.35 million, or $0.52 per share. This compares with $38.23 million, or $0.37 per share, in last year's third quarter.

Excluding items, First Midwest Bancorp reported adjusted earnings of $46.84 million or $0.46 per share for the period.

Analysts had expected the company to earn $0.46 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

First Midwest Bancorp earnings at a glance:

-Earnings (Q3): $46.84 Mln. vs. $33.39 Mln. last year. -EPS (Q3): $0.46 vs. $0.33 last year. -Analysts Estimate: $0.46