What drove the FMBI stock move on 11 Feb 2026?

The move reflected a short-term oversold bounce. FMBI stock rose **2.04%** to **$21.51** on volume of **667,652**, above its average. Traders cited valuation support and a return toward the 50-day average.

What are sensible near-term price targets for FMBI stock?

Near-term targets: a conservative **$22.50**, base **$24.00**, and optimistic **$26.50**. Meyka AI's model gives a monthly projection of **$26.41** and a yearly projection of **$22.73**.

How does First Midwest’s valuation compare to peers for FMBI stock?

FMBI stock trades at a trailing PE of **13.98** and a price-to-book of **0.89**, lower than many regional banks, indicating relative undervaluation versus peers.

What signals would invalidate the oversold bounce thesis for FMBI stock?

A break below **$20.50** on higher volume or negative loan-loss guidance would invalidate the bounce. Monitor net interest margin and upcoming earnings for shifts in the thesis.

US Stocks

FMBI stock: First Midwest Bancorp NASDAQ up 2.04% on 11 Feb 2026, entry signal

ByHuzaifa Zahoor February 12, 2026February 12, 2026

FMBI stock jumped 2.04% to $21.51 at the close on 11 Feb 2026, marking a short-term rebound from prior weakness. Volume was 667,652, slightly above the 30-day average of 657,483, which supports a classic oversold bounce setup. On the NASDAQ in the United States, First Midwest Bancorp (FMBI) shows a PE of 13.98 and a book value per share of $24.11, highlighting valuation support as buyers return. We review the technical triggers, fundamentals, and near-term price targets for tactical entries.