MSBI

Midland States Bancorp (MSBI) came out with quarterly earnings of $0.79 per share, beating the Zacks Consensus Estimate of $0.6 per share. This compares to earnings of $0.57 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +32.77%. A quarter ago, it was expected that this company would post earnings of $0.7 per share when it actually produced earnings of $0.53, delivering a surprise of -24.29%. Over the last four quarters, the company has surpassed consensus EPS estimates just once. Midland States Bancorp, which belongs to the Zacks Banks - Northeast industry, posted revenues of $79.54 million for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 5.36%. This compares to year-ago revenues of $75.95 million. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Midland States Bancorp shares have added about 9% since the beginning of the year versus the S&P 500's gain of 4.3%. While Midland States Bancorp has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Midland States Bancorp was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complet...

EFFINGHAM, Ill., April 23, 2026 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (Nasdaq: MSBI) (the “Company”) today reported net income available to common shareholders of $16.2 million, or $0.74 per diluted share, for the first quarter of 2026, compared to a net loss available to common shareholders of $5.1 million, or $0.24 per diluted share, for the fourth quarter of 2025. This also compares to a net loss of $143.2 million, or $6.58 per diluted share, for the first quarter of 2025. Financial results for the first quarter of 2026 included $2.1 million of gains from the sale of the Company’s residential servicing portfolio and a portion of the Company’s commercial servicing portfolio, losses of $1.7 million from the sale of investment securities and a loss of $1.7 million related to our limited partnership investments. Financial results for the fourth quarter of 2025 included a loss of $21.4 million from the sale of substantially all of the Company’s equipment finance portfolio, in addition to a $1.6 million loss on the sale of a small consumer loan portfolio. Financial results for the first quarter of 2025 included goodwill impairment expense of $154.0 million. 2026 First Quarter Results Net income available to common shareholders of $16.2 million, or $0.74 per diluted share; Adjusted earnings available to common shareholders of $17.2 million, or $0.79 per diluted share Adjusted pre-provision net revenue of $30.5 million, or $1.43 per diluted share, compared to $31.6 million, or $1.44 per diluted share, for the fourth quarter of 2025 Net interest margin of 3.91% compared to 3.74% in the prior quarter Community Bank loan portfolio increased $68.8 million, or 8.3% annualized, compared to prior quarter. Total loans decreased $13.4 million, primarily due to anticipated runoff within our specialty finance and non-core portfolios Total capital to risk-weighted assets of 15.27% and common equity tier 1 capital of 9.98% Ratio of nonperforming assets to total assets of 0.91%, a decrease of 10 basis points from the prior quarter Provision for credit losses on loans was $5.4 million for the first quarter of 2026, compared to $11.8 million for the fourth quarter of 2025 Discussion of Outlook; President & Chief Executive Officer, Jeffrey G. Ludwig: “We delivered a solid start to 2026, reflecting the actions taken throughout 2025 to strengthen credit quality and reduc...

For the quarter ended March 2026, Midland States Bancorp (MSBI) reported revenue of $79.54 million, up 4.7% over the same period last year. EPS came in at $0.79, compared to $0.57 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $75.49 million, representing a surprise of +5.36%. The company delivered an EPS surprise of +32.77%, with the consensus EPS estimate being $0.60. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance. Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance. Here is how Midland States Bancorp performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Net Interest Margin: 3.9% versus the three-analyst average estimate of 3.8%. Net charge-offs to average loans (annualized): 0.6% versus the three-analyst average estimate of 0.6%. Efficiency Ratio: 62.2% versus 67.1% estimated by three analysts on average. Average Balance - Total interest-earning assets: $5.97 billion versus the three-analyst average estimate of $5.98 billion. Residential mortgage banking revenue: $0.63 million compared to the $0.76 million average estimate based on three analysts. Wealth management revenue: $8.25 million versus $7.99 million estimated by three analysts on average. Net Interest Income (FTE)/Adjusted net interest income: $57.64 million versus the three-analyst average estimate of $55.41 million. Total Noninterest Income: $22.12 million compared to the $20.13 million average estimate based on three analysts. Service charges on deposit accounts: $3.36 million versus the three-analyst average estimate of $3.64 million. Interchange revenue: $3.53 million compared to the $3.21 million average estimate based on three analysts. View all Key Company Metrics for Midland States Bancorp here>>> Shares of Midland States Bancorp have returned +5.7% over the past month versus the Zacks S&P 500 composite's +9.7% change. The stock currently has a Zacks Rank #3 (Hold), indicating th...

EFFINGHAM, Ill. (AP) — EFFINGHAM, Ill. (AP) — Midland States Bancorp, Inc. (MSBI) on Thursday reported first-quarter earnings of $18.5 million. The Effingham, Illinois-based bank said it had earnings of 74 cents per share. Earnings, adjusted for non-recurring costs, came to 79 cents per share. The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 60 cents per share. The company posted revenue of $108.1 million in the period. Its revenue net of interest expense was $79.5 million, also exceeding Street forecasts. Three analysts surveyed by Zacks expected $75.5 million. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MSBI at https://www.zacks.com/ap/MSBI

Citizens Financial Group (CFG) came out with quarterly earnings of $1.13 per share, beating the Zacks Consensus Estimate of $1.1 per share. This compares to earnings of $0.77 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +3.12%. A quarter ago, it was expected that this bank would post earnings of $1.11 per share when it actually produced earnings of $1.13, delivering a surprise of +1.8%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Citizens Financial Group, which belongs to the Zacks Banks - Northeast industry, posted revenues of $2.17 billion for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 0.38%. This compares to year-ago revenues of $1.94 billion. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Citizens Financial Group shares have added about 11.6% since the beginning of the year versus the S&P 500's gain of 2.6%. While Citizens Financial Group has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Citizens Financial Group was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the c...

EFFINGHAM, Ill., April 03, 2026 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (Nasdaq: MSBI) announced today that it will issue its first quarter 2026 financial results after market close on Thursday, April 23, 2026. Along with the press release announcing the financial results, the Company will publish an investor presentation that will be available on the Webcasts and Presentations page of its investor relations website. About Midland States Bancorp, Inc. Midland States Bancorp, Inc. is a community-based financial holding company headquartered in Effingham, Illinois, and is the sole shareholder of Midland States Bank. As of December 31, 2025, the Company had total assets of approximately $6.51 billion, and its Wealth Management Group had assets under administration of approximately $4.48 billion. The Company provides a full range of commercial and consumer banking products and services, merchant credit card services, trust and investment management, insurance and financial planning services. For additional information, visit midlandsb.com or follow Midland States Bank on LinkedIn. CONTACTS: Claire A. Stack, Chief Accounting Officer and interim Chief Financial Officer, at [email protected] or (217) 342-7321

For the quarter ended December 2025, Midland States Bancorp (MSBI) reported revenue of $85.57 million, up 13.2% over the same period last year. EPS came in at $0.53, compared to -$2.52 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $78.5 million, representing a surprise of +9.01%. The company delivered an EPS surprise of -24.29%, with the consensus EPS estimate being $0.70. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance. Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance. Here is how Midland States Bancorp performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Net Interest Margin: 3.7% compared to the 3.7% average estimate based on two analysts. Net charge-offs to average loans: 3.7% versus 3% estimated by two analysts on average. Efficiency Ratio: 63.1% versus the two-analyst average estimate of 62.6%. Average Balance - Total interest-earning assets: $6.26 billion versus $6.27 billion estimated by two analysts on average. Residential mortgage banking revenue: $0.69 million compared to the $0.8 million average estimate based on two analysts. Wealth management revenue: $8.27 million versus the two-analyst average estimate of $8.05 million. Net Interest Income (FTE)/Adjusted net interest income: $58.92 million versus the two-analyst average estimate of $58.03 million. Total Noninterest Income: $26.87 million compared to the $20.08 million average estimate based on two analysts. Service charges on deposit accounts: $3.57 million versus $3.83 million estimated by two analysts on average. Interchange revenue: $3.44 million versus the two-analyst average estimate of $3.23 million. View all Key Company Metrics for Midland States Bancorp here>>> Shares of Midland States Bancorp have returned +11.3% over the past month versus the Zacks S&P 500 composite's +0.7% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broa...

Midland States Bancorp (MSBI) came out with quarterly earnings of $0.53 per share, missing the Zacks Consensus Estimate of $0.7 per share. This compares to a loss of $2.52 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -24.29%. A quarter ago, it was expected that this company would post earnings of $0.61 per share when it actually produced earnings of $0.24, delivering a surprise of -60.66%. Over the last four quarters, the company has surpassed consensus EPS estimates just once. Midland States Bancorp, which belongs to the Zacks Banks - Northeast industry, posted revenues of $85.57 million for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 9.01%. This compares to year-ago revenues of $75.6 million. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Midland States Bancorp shares have added about 12.1% since the beginning of the year versus the S&P 500's gain of 0.4%. While Midland States Bancorp has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Midland States Bancorp was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete l...

Midland States Bancorp (MSBI) reported Q4 adjusted earnings late Thursday of $0.53 per diluted share

EFFINGHAM, Ill., Jan. 22, 2026 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (Nasdaq: MSBI) (the “Company”) today reported a net loss available to common shareholders of $5.1 million, or $0.24 per diluted share, for the fourth quarter of 2025, compared to net income available to common shareholders of $5.3 million, or $0.24 per diluted share, for the third quarter of 2025. This also compares to a net loss of $33.0 million, or $1.52 per diluted share, for the fourth quarter of 2024. Financial results for the fourth quarter of 2025 included the previously announced loss on the sale of substantially all of the Company’s equipment finance portfolio of $21.4 million, in addition to a $1.6 million loss on the sale of a small consumer loan portfolio. Excluding these transactions, adjusted earnings available to common shareholders were $11.9 million, or $0.53 per diluted share, for the fourth quarter of 2025. The Company also recognized additional credit enhancement income of $6.6 million during the fourth quarter of 2025 resulting from contractual changes in its third-party lending and servicing arrangements, which was partially offset by $1.7 million in additional FDIC assessments related to prior years’ amended call reports due to the restatements of prior years’ financial statements. 2025 Fourth Quarter Results Net loss available to common shareholders of $5.1 million, or $0.24 per diluted share; Adjusted earnings available to common shareholders of $11.9 million, or $0.53 per diluted share Sale of substantially all of the equipment finance portfolio for $21.4 million loss Adjusted pre-provision net revenue of $31.4 million, or $1.44 per diluted share, compared to $31.3 million, or $1.43 per diluted share, for the third quarter of 2025 Net interest margin of 3.74% compared to 3.79% in the prior quarter, which included interest recoveries of $1.6 million Ratio of nonperforming assets to total assets of 1.02%, consistent with the prior quarter Total capital to risk-weighted assets of 15.16% and common equity tier 1 capital of 9.89% Provision for credit losses on loans was $11.8 million for the fourth quarter of 2025, compared to $20.5 million for the third quarter of 2025 Discussion of Outlook; President & Chief Executive Officer, Jeffrey G. Ludwig: “Entering 2025, improving credit quality was our number one priority and throughout the year, we took significant...

EFFINGHAM, Ill. (AP) — EFFINGHAM, Ill. (AP) — Midland States Bancorp, Inc. (MSBI) on Thursday reported a loss of $2.9 million in its fourth quarter. The bank, based in Effingham, Illinois, said it had a loss of 24 cents per share. Earnings, adjusted for non-recurring costs, came to 53 cents per share. The company posted revenue of $119 million in the period. Its revenue net of interest expense was $85.6 million, which topped Street forecasts. For the year, the company reported profit of $124.3 million, or $6.14 per share. Revenue was reported as $325 million. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MSBI at https://www.zacks.com/ap/MSBI

Wall Street analysts forecast that Midland States Bancorp (MSBI) will report quarterly earnings of $0.70 per share in its upcoming release, pointing to a year-over-year increase of 127.8%. It is anticipated that revenues will amount to $78.5 million, exhibiting an increase of 3.8% compared to the year-ago quarter. The consensus EPS estimate for the quarter has been revised 4% higher over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe. Prior to a company's earnings announcement, it is crucial to consider revisions to earnings estimates. This serves as a significant indicator for predicting potential investor actions regarding the stock. Empirical research has consistently demonstrated a robust correlation between trends in earnings estimate revision and the short-term price performance of a stock. While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding. Given this perspective, it's time to examine the average forecasts of specific Midland States Bancorp metrics that are routinely monitored and predicted by Wall Street analysts. Analysts expect 'Net Interest Margin' to come in at 3.7%. Compared to the current estimate, the company reported 3.2% in the same quarter of the previous year. Analysts forecast 'Net charge-offs to average loans' to reach 3.0%. Compared to the present estimate, the company reported 7.2% in the same quarter last year. According to the collective judgment of analysts, 'Efficiency Ratio' should come in at 62.6%. The estimate compares to the year-ago value of 71.4%. The collective assessment of analysts points to an estimated 'Average Balance - Total interest-earning assets' of $6.27 billion. The estimate compares to the year-ago value of $7.01 billion. The consensus among analysts is that 'Wealth management revenue' will reach $8.05 million. Compared to the present estimate, the company reported $7.66 million in the same quarter last year. The combined assessment of analysts suggests that 'Net Interest Income (FTE)/Adjusted net interest income' will likely reach $58.03 million. The estimate compares to the year-ago value of $56.26 million. Based on...