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First Midwest Bancorp, Inc. FMBI

First Midwest Bancorp, Inc. Balance Sheet 2020-2011 | FMBI

Brief balance sheet overview of First Midwest Bancorp, Inc.

The review uses the five latest available annual reports between 2016 and 2020.

Assets advanced +82.4% to $20.8 billion from $11.4 billion; annual growth near 16.2% reflects a fast increase in scale.

Asset growth of +82.4% was close to the +78.5% change in liabilities, leaving the funding profile broadly stable.

Retained earnings stand at $1.4 billion; the five-period change was +36.6%. This reflects accumulated business performance.

Overall picture

First Midwest Bancorp, Inc.'s financial position is more positive than negative: the funding mix is workable, although the cushion is not unlimited.

Annual Balance Sheet First Midwest Bancorp, Inc.

2020 2019 2018 2017 2016 2015 2014 2013 2012 2011

Net Debt

992 M 4.2 B 2.97 B 2.32 B 2.6 B 1.14 B 782 M 831 M 695 M -389 M

Long Term Debt

1.64 B 1.63 B 989 M 785 M 945 M 211 M 201 M 305 M 329 M 252 M

Total Non Current Liabilities

- 234 M 204 M 195 M 195 M 201 M 201 M 191 M 215 M 252 M

Total Current Liabilities

470 M 15.2 B 13.2 B 12 B 9.97 B 8.39 B 8.14 B 7.06 B 6.94 B 6.76 B

Total Liabilities

18.1 B 15.5 B 13.5 B 12.2 B 10.2 B 8.59 B 8.34 B 7.25 B 7.16 B 7.01 B

Retained Earnings

1.39 B 1.38 B 1.19 B 1.07 B 1.02 B 954 M 900 M 854 M 786 M 810 M

Total Assets

20.8 B 17.9 B 15.5 B 14.1 B 11.4 B 9.73 B 9.45 B 8.25 B 8.1 B 7.97 B

All numbers in USD currency

Balance Sheet is a fundamental financial report of First Midwest Bancorp, Inc., providing a complete picture of the company’s financial position at a specific point in time. Unlike the income statement, which records the results of operations over a certain period, the balance sheet shows what assets the company owns, what liabilities it has to creditors, and what equity is available to the owners.

For an investor, the balance sheet is important because it allows assessing the company’s financial stability, understanding how much debt it carries, and how dependent it is on borrowed financing. It helps calculate key liquidity and leverage ratios. When analyzing, attention should be paid to the debt-to-equity ratio (Debt/Equity), the amount of cash on the balance sheet, and the ratio of current liabilities to liquid assets.

Features of balance sheet analysis
  • Vertical and horizontal analysis
    Vertical analysis shows the structure of the balance sheet as a percentage of total assets or liabilities, while horizontal analysis shows the dynamics of changes over multiple periods.
  • Asset quality
    It is important to evaluate not only the amount of assets but also their liquidity and realizability.
  • Accounting for off-balance sheet liabilities
    Some liabilities may not be directly reflected in the balance sheet, which requires additional attention.

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