Midland States Bancorp Inc reports results for the quarter ended in June - Earnings Summary

Midland States Bancorp

22/07/2021 22:54

* Midland States Bancorp Inc  MSBI.OQ  reported quarterly
adjusted earnings of 59 cents​​ per share for the quarter ended
in June. The mean expectation of four analysts for the quarter
was for earnings of 94 cents per share.
* Revenue fell 1.3% to $67.53 million from a year ago;  analysts
expected $68.43 million. 
* Midland States Bancorp Inc's reported EPS for the quarter was
88 cents​.
* The mean earnings estimate of analysts had risen by
about 15.9% in the last three months.​ 
* In the last 30 days there have been no negative revisions of
earnings estimates 
* Midland States Bancorp Inc shares had fallen by 1.6% this
quarter and gained 44.6% so far this year.
* The company reported quarterly net income of $20.12 million.
* Wall Street's median 12-month price target for Midland States
Bancorp Inc is $30.50 
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 1 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 
This summary was machine generated July 22 at 09:54 p.m.  ​All
figures in US dollars unless otherwise stated