First Midwest Bancorp, Inc. Declares Second Quarter Cash Dividend of $0.09 per Share

ITASCA, IL--(Marketwired - May 18, 2016) -  First Midwest Bancorp, Inc. ("First Midwest") (NASDAQ: FMBI), the holding company for First Midwest Bank, announced today that its Board of Directors declared a quarterly cash dividend on the Company's common stock of $0.09 per share. This quarterly cash dividend will be payable on July 12, 2016 to common stockholders of record on June 24, 2016 and will represent the 134^th consecutive cash dividend paid by First Midwest since its inception in 1983.

About First Midwest

First Midwest is a relationship-based financial institution and one of the largest independent publicly-traded bank holding companies based on assets headquartered in the Midwest. First Midwest's principal subsidiary, First Midwest Bank, and other affiliates provide a full range of commercial, retail, wealth management, trust and private banking products and services through over 110 locations in metropolitan Chicago, northwest Indiana, central and western Illinois, and eastern Iowa. First Midwest's website is www.firstmidwest.com.