Midland States Bancorp (MSBI) to Release Earnings on Thursday

Midland States Bancorp (NASDAQ:MSBI) is anticipated to announce its Q1 2025 earnings results before the market opens on Thursday, April 24th. Analysts expect the company to announce earnings of $0.53 per share and revenue of $72.93 million for the quarter.

Midland States Bancorp (NASDAQ:MSBI) last released its quarterly earnings data on Thursday, January 23rd. The financial services provider reported ($2.52) EPS for the quarter, missing the consensus estimate of $0.67 by ($3.19). Midland States Bancorp had a negative net margin of 2.74% and a negative return on equity of 1.95%. 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 Trading Up 1.7 %

Shares of Midland States Bancorp stock opened at $15.97 on Tuesday. The stock has a market cap of $341.77 million, a PE ratio of -15.21 and a beta of 0.58. The firm has a fifty day moving average price of $17.71 and a 200 day moving average price of $21.92. Midland States Bancorp has a 1 year low of $14.79 and a 1 year high of $28.08. The company has a debt-to-equity ratio of 0.79, a current ratio of 0.91 and a quick ratio of 0.91.

Midland States Bancorp Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 21st. Shareholders of record on Friday, February 14th were paid a dividend of $0.31 per share. The ex-dividend date was Friday, February 14th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 7.76%. Midland States Bancorp’s payout ratio is currently -118.10%.

Analysts Set New Price Targets

Several brokerages recently weighed in on MSBI. Piper Sandler reduced their price target on Midland States Bancorp from $28.50 to $23.00 and set a “neutral” rating for the company in a research report on Tuesday, January 28th. StockNews.com cut shares of Midland States Bancorp from a “buy” rating to a “hold” rating in a research note on Friday, January 24th. Keefe, Bruyette & Woods lowered their price target on shares of Midland States Bancorp from $28.00 to $23.00 and set a “market perform” rating on the stock in a report on Monday, January 27th. Finally, DA Davidson cut their price objective on shares of Midland States Bancorp from $27.00 to $21.00 and set a “neutral” rating for the company in a report on Tuesday, January 28th. Five research analysts have rated the stock with a hold rating, According to data from MarketBeat, Midland States Bancorp presently has a consensus rating of “Hold” and a consensus price target of $23.50.

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.