FIRST MIDWEST BANC COM USD0.01 (NASDAQ:FMBI)

CAPS Rating: 2 out of 5

A bank holding company operating two wholly owned subsidiaries: First Midwest Bank and First Midwest Insurance Company.

Recs

1
Player Avatar Grinnell4Eva (70.23) Submitted: 6/10/2008 2:23:36 PM : Outperform Start Price: $22.54 FMBI Score: -78.58

Quality management and high buy-out potential. This stock has been the speculation of takeover rumors by west coast banks looking to expand for a year or two (back when the stock was regularly trading in the $35 range). At this price, I expect a buy-out at the first sign of a recovery in the financial sector.

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