First Midwest Bancorp Reports 39% Rise In Q2 Profit

(RTTNews) - First Midwest Bancorp (FMBI) reported earnings for its second quarter that climbed from last year.

The company said its bottom line rose to $35.32 million, or $0.35 per share. This was higher than $25.35 million, or $0.32 per share, in last year's second quarter.

Analysts had expected the company to earn $0.36 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

First Midwest Bancorp earnings at a glance:

-Earnings (Q2): $35.32 Mln. vs. $25.35 Mln. last year. -Earnings Growth (Y-o-Y): 39.3% -EPS (Q2): $0.35 vs. $0.32 last year. -EPS Growth (Y-o-Y): 9.4% -Analysts Estimate: $0.36