NEW YORK ( TheStreet) -- First Midwest Bancorp Inc (Nasdaq: FMBI) hit a new 52-week low Monday as it is currently trading at $7.17, below its previous 52-week low of $7.22 with 294,548 shares traded as of 1:35 p.m. ET. Average volume has been 650,200 shares over the past 30 days.

First Midwest has a market cap of $577.6 million and is part of the financial sector and banking industry. Shares are down 36.5% year to date as of the close of trading on Friday.

First Midwest Bancorp, Inc. operates as the holding company for First Midwest Bank, which provides various commercial and retail banking services to consumer, commercial and industrial, and public or governmental customers in Illinois.
  • Practice your FMBI trading strategies and win cash in our stock game.

TheStreet Ratings rates First Midwest as a hold. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income and revenue growth. However, as a counter to these strengths, we find that the stock has had a generally disappointing performance in the past year. You can view the full First Midwest Ratings Report.

See all 52-week low stocks or get investment ideas from our investment research center.