First Midwest Bancorp’s Earnings To Stagnate

Seeking Alpha | Oct 14, 2019 at 2:56 AM
  • Decline in cost of funds due to lower interest rates is expected to partly offset the impact of a dip in yields.
  • At the end of June 2019, a quarter of FMBI’s total funds (deposits plus borrowings) were in non-interest bearing deposits.
  • Combining the forward dividend yield with the potential price upside gives a total expected return of 25.9%.