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 results 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 company had revenue of $78.59 million during the quarter, compared to the consensus estimate of $75.65 million. Midland States Bancorp had a return on equity of 12.82% and a net margin of 17.19%. 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 Stock Performance
Midland States Bancorp stock opened at $23.79 on Tuesday. The company has a debt-to-equity ratio of 0.91, a quick ratio of 0.96 and a current ratio of 0.96. The stock has a fifty day moving average of $24.21 and a two-hundred day moving average of $24.31. The company has a market capitalization of $519.81 million, a price-to-earnings ratio of 7.28 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.
Midland States Bancorp Increases Dividend
Analyst Ratings Changes
Separately, Piper Sandler raised their price target on Midland States Bancorp from $26.00 to $29.00 and gave the stock a “neutral” rating in a research report on Tuesday, January 30th.
Check Out Our Latest Stock Analysis on Midland States Bancorp
Midland States Bancorp Company Profile
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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