First Midwest Bancorp Q1 Profit Rises - Quick Facts

(RTTNews) - First Midwest Bancorp. (FMBI) Tuesday reported first-quarter net income applicable to common shares of $17.4 million or $0.24 per share, up from $14.4 million or $0.20 per share in the comparable quarter last year.

On average, 11 analysts polled by Thomson Reuters expected the company to earn $0.25 per share for the quarter. Analysts' estimates typically exclude special items.

Net-interest income declined to $63.7 million from $63.8 million last year, while total non-interest income totaled $27.3 million, down from $27.6 million in the year-ago period.