First Midwest Bancorp Q3 Profit Plunges - Quick Facts

First Midwest Bancorp, Inc. (FMBI) reported third quarter net income applicable to common shares of $773 thousand or $0.02 per share, compared to $24.15 million or $0.50 per share last year.

On average, 6 analysts polled by Thomson Reuters expected the company to report earnings of $0.03 per share. Analysts' estimates typically exclude special items.

Net interest income declined to $60.98 million from $62.76 million for the same period in 2008. Total noninterest income grew to $31.09 million from $23.7 million a year ago.

Five analysts estimated revenues of $86.91 million.

by RTTNews Staff Writer

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