Midland States Bancorp: Q4 Earnings Insights

Midland States Bancorp (NASDAQ:MSBI) reported its Q4 earnings results on Thursday, January 25, 2024 at 04:30 PM. Here’s…

Midland States Bancorp (NASDAQ:MSBI) reported its Q4 earnings results on Thursday, January 25, 2024 at 04:30 PM.

Here’s what investors need to know about the announcement.

Earnings

Midland States Bancorp beat estimated earnings by 12.66%, reporting an EPS of $0.89 versus an estimate of $0.79.

Revenue was down $18.80 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.01 which was followed by a 1.3% drop in the share price the next day.

Here’s a look at Midland States Bancorp’s past performance:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate 0.77 0.80 0.82 0.92
EPS Actual 0.78 0.87 0.88 0.85
Revenue Estimate 75.57M 76.73M 77.62M 81.93M
Revenue Actual 76.78M 77.59M 76.28M 97.39M

To track all earnings releases for Midland States Bancorp visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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