Midland States Bancorp Inc reports results for the quarter ended June 30 - Earnings Summary
Midland States Bancorp Inc reports results for the quarter ended June 30 - Earnings Summary
Midland States Bancorp Inc MSBI.OQ reported quarterly adjusted earnings of 82 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 44 cents. The mean expectation of five analysts for the quarter was for earnings of 78 cents per share. Wall Street expected results to range from 72 cents to 82 cents per share.
Revenue rose 1.4% to $83.36 million from a year ago; analysts expected $80.57 million.
Midland States Bancorp Inc's reported EPS for the quarter was 82 cents.
The company reported quarterly net income of $17.66 million.
Midland States Bancorp Inc shares had fallen by 0.9% this quarter and gained 45.7% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 19.6% in the last three months.
In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
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." The average consensus recommendation for the banks peer group is "buy."
Wall Street's median 12-month price target for Midland States Bancorp Inc is $30.00, about 2.8% below its last closing price of $30.85
This summary was machine generated from LSEG data July 23 at 09:47 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.78 | 0.82 | Beat |
Mar. 31 2026 | 0.62 | 0.79 | Beat |
Dec. 31 2025 | 0.69 | 0.53 | Missed |
Sep. 30 2025 | 0.64 | 0.24 | Missed |
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Midland States Bancorp Inc reports results for the quarter ended June 30 - Earnings Summary