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

Midland States Bancorp

29/04/2022 21:03

* Midland States Bancorp Inc  MSBI.OQ  reported quarterly
adjusted
earnings of 92 cents​​ per share for the quarter ended in March.
The mean expectation of four analysts for the quarter was
for earnings of 86 cents per share.
    * Revenue rose 8.6% to $72.44 million from a year ago; 
analysts
expected $71.98 million. 
    * Midland States Bancorp Inc's reported EPS for the quarter
was 92
cents​.
    * The mean earnings estimate of analysts had risen by
about 8.4%
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 6.2% this
quarter and gained 9.2% so far this year.
    * The company reported quarterly net income of $20.75
million.
    * Wall Street's median 12-month price target for Midland
States
Bancorp Inc is $33.00 
    * 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 April 29 at 08:03 p.m.  ​All
figures in US dollars unless otherwise stated