Midland States Bancorp Q2 EPS misses estimates

Midland States Bancorp

24/07/2025 22:05

Overview

Midland States Bancorp Q2 net income falls to $9.8 mln from $23.5 mln yr ago

Adjusted EPS of $0.44 misses analyst expectations, per LSEG data

Net interest margin rises to 3.56% from 3.49% in prior qtr

Outlook

Midland targets common equity tier 1 capital ratio of 10.0%

Company expects profitability improvements over balance of 2025

Result Drivers

CREDIT QUALITY IMPROVEMENT - Co reports progress in reducing nonperforming assets and exiting larger non-performing relationships

UNDERWRITING STANDARDS - Tightened standards in equipment and specialty finance portfolios to reduce exposure to higher-risk loans

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Adjusted EPS
Miss
$0.44
$0.63 (4 Analysts)
Q2 EPS
$0.44
Q2 Net Interest Income
$58.70 mln


Analyst Coverage

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"

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 $20.00, about 7.3% above its July 23 closing price of $18.54

Press Release: ID:nGNX4x3b5b

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)