Case Study: First Midwest Bank improves pricing and profitability with PrecisionLender

First Midwest Bank - Customer Case Study

First Midwest Bank worked to improve loan pricing consistency and profitability by creating a Chief Pricing Officer–style role to better coordinate pricing decisions across finance, credit, and lending. The bank needed a way to bring together different disciplines, increase transparency, and help lenders understand how pricing affected portfolio returns and risk-adjusted assets.

PrecisionLender provided the pricing platform and support First Midwest Bank used to educate lenders, align internal teams, and improve deal structures. With PrecisionLender, the bank gained better visibility into risk and return, helped lenders negotiate smarter with customers, and improved efficiency in the credit process by anticipating likely approval outcomes.

First Midwest Bank

Dennis Powers

Profitability & Pricing Systems Manager