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

Midland States Bancorp

20/10/2022 22:01

* Midland States Bancorp Inc  MSBI.OQ  reported quarterly
adjusted
earnings of $1.04​​ per share for the quarter ended in
September. The mean expectation of five analysts for the quarter
was for earnings of $1.01 per share.
    * Revenue rose 20% to $79.85 million from a year ago;
analysts
expected $79.44 million. 
    * Midland States Bancorp Inc's reported EPS for the quarter
was
$1.04​.
    * The mean earnings estimate of analysts had risen by
about 4.8%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Midland States Bancorp Inc shares had risen by 13.7% this
quarter and gained 8.1% so far this year.
    * The company reported quarterly net income of $23.52
million.
    * Wall Street's median 12-month price target for Midland
States
Bancorp Inc is $28.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data October
20 at 09:01 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      1.01           1.04           Beat
 Jun. 30 2022      0.93           0.97           Beat
 Mar. 31 2022      0.86           0.92           Beat
 Dec. 31 2021      0.88           1.02           Beat