EARNINGS PER COMMON SHARE
The table below displays the calculation of basic and diluted earnings per common share ("EPS").
Basic and Diluted EPS
(Amounts in thousands, except per share data)
 
 
Quarters Ended 
 June 30,
 
Six Months Ended 
 June 30,
 
 
2017
 
2016
 
2017
 
2016
Net income
 
$
34,950

 
$
25,267

 
$
57,805

 
$
43,229

Net income applicable to non-vested restricted shares
 
(336
)
 
(290
)
 
(570
)
 
(502
)
Net income applicable to common shares
 
$
34,614

 
$
24,977

 
$
57,235

 
$
42,727

Weighted-average common shares outstanding:
 
 
 
 
 
 
 
 
Weighted-average common shares outstanding (basic)
 
101,743

 
80,383

 
101,081

 
79,182

Dilutive effect of common stock equivalents
 
20

 
13

 
20

 
12

Weighted-average diluted common shares outstanding
 
101,763

 
80,396

 
101,101

 
79,194

Basic EPS
 
$
0.34

 
$
0.31

 
$
0.57

 
$
0.54

Diluted EPS
 
$
0.34

 
$
0.31

 
$
0.57

 
$
0.54

Anti-dilutive shares not included in the computation of
  diluted EPS (1)
 
195

 
469

 
269

 
539


(1) 
This amount represents outstanding stock options for which the exercise price is greater than the average market price of the Company's common stock.

The above information was disclosed in a filing to the SEC. To see the filing, click here.

To receive a free e-mail notification whenever First Midwest Bancorp makes a similar move, sign up!

Other recent filings from the company include the following:

Chairman of First Midwest Bancorp just picked up 17,031 shares - Feb. 23, 2018
First Midwest Bancorp's Senior Executive VP & COO just picked up 13,780 shares - Feb. 23, 2018
EVP of First Midwest Bancorp just picked up 5,983 shares - Feb. 23, 2018
SVP of First Midwest Bancorp just picked up 4,296 shares - Feb. 23, 2018
Bank EVP of First Midwest Bancorp just picked up 5,014 shares - Feb. 23, 2018

Auto Refresh

Feedback