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

Midland States Bancorp

28/07/2022 22:42

* Midland States Bancorp Inc  MSBI.OQ  reported quarterly
adjusted
earnings of 98 cents​​ per share for the quarter ended in June.
The mean expectation of four analysts for the quarter was
for earnings of 93 cents per share.
    * Revenue rose 12.5% to $75.95 million from a year ago;
analysts
expected $75.55 million. 
    * Midland States Bancorp Inc's reported EPS for the quarter
was 97
cents​.
    * The mean earnings estimate of analysts had risen by
about 10.2%
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 risen by 11.4% this
quarter and gained 8.0% so far this year.
    * The company reported quarterly net income of $21.88
million.
    * Wall Street's median 12-month price target for Midland
States
Bancorp Inc is $28.50 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data July 28
at 09:41 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.93           0.98           Beat
 Mar. 31 2022      0.86           0.92           Beat
 Dec. 31 2021      0.88           1.02           Beat
 Sep. 30 2021      0.84           0.86           Beat