Midland States Bancorp (NASDAQ:MSBI – Get Free Report) is set to issue its quarterly earnings data after the market closes on Thursday, April 25th. Analysts expect the company to announce earnings of $0.71 per share for the quarter.
Midland States Bancorp (NASDAQ:MSBI – Get Free Report) last released its quarterly earnings data on Thursday, January 25th. The financial services provider reported $0.89 earnings per share for the quarter, topping the consensus estimate of $0.79 by $0.10. The firm had revenue of $78.59 million for the quarter, compared to analyst estimates of $75.65 million. Midland States Bancorp had a net margin of 17.19% and a return on equity of 12.82%. On average, analysts expect Midland States Bancorp to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.
Midland States Bancorp Price Performance
MSBI opened at $24.33 on Wednesday. The firm has a market cap of $531.61 million, a price-to-earnings ratio of 7.45 and a beta of 0.77. Midland States Bancorp has a fifty-two week low of $17.98 and a fifty-two week high of $28.47. The company’s 50-day moving average price is $24.17 and its 200 day moving average price is $24.33. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 0.91.
Midland States Bancorp Increases Dividend
Analyst Upgrades and Downgrades
Separately, Piper Sandler increased their price objective on shares of Midland States Bancorp from $26.00 to $29.00 and gave the stock a “neutral” rating in a research note on Tuesday, January 30th.
View Our Latest Analysis on MSBI
About Midland States Bancorp
Midland States Bancorp, Inc operates as a financial holding company for Midland States Bank that provides various banking products and services to individuals, businesses, municipalities, and other entities. It operates through Banking, Wealth Management, and Other segments. The company provides a range of financial products and services to consumers and businesses, including commercial loans to finance agricultural equipment and production; and commercial real estate loans for owner occupied offices, warehouses and production facilities, office buildings, hotels, mixed-use residential and commercial facilities, retail centers, multifamily properties, and assisted living facilities.
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