Midland States Bancorp (MSBI) Set to Announce Earnings on Wednesday
Midland States Bancorp (NASDAQ:MSBI) is scheduled to be issuing its quarterly earnings data after the market closes on Wednesday, January 24th. Analysts expect the company to announce earnings of $0.59 per share for the quarter.
Midland States Bancorp (NASDAQ:MSBI) last issued its earnings results on Thursday, October 26th. The financial services provider reported $0.49 EPS for the quarter, missing the Zacks’ consensus estimate of $0.58 by ($0.09). Midland States Bancorp had a net margin of 11.90% and a return on equity of 10.22%. The business had revenue of $52.17 million during the quarter, compared to analyst estimates of $55.20 million. On average, analysts expect Midland States Bancorp to post $1 EPS for the current fiscal year and $3 EPS for the next fiscal year.
Shares of Midland States Bancorp (NASDAQ:MSBI) opened at $33.60 on Wednesday. The company has a debt-to-equity ratio of 1.32, a current ratio of 1.03 and a quick ratio of 1.02. Midland States Bancorp has a 1-year low of $28.70 and a 1-year high of $36.50. The stock has a market cap of $642.49 and a PE ratio of 23.01.
MSBI has been the subject of a number of analyst reports. BidaskClub lowered shares of Midland States Bancorp from a “hold” rating to a “sell” rating in a report on Friday, December 15th. Zacks Investment Research raised shares of Midland States Bancorp from a “sell” rating to a “hold” rating in a report on Tuesday, October 3rd. Finally, Keefe, Bruyette & Woods reissued a “buy” rating and issued a $42.00 price objective on shares of Midland States Bancorp in a report on Thursday, October 19th.
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About Midland States Bancorp
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