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 announced its quarterly earnings data on Thursday, January 23rd. The financial services provider reported ($2.52) earnings per share for the quarter, missing analysts’ consensus estimates 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 Price Performance

Midland States Bancorp stock opened at $15.97 on Tuesday. The company has a fifty day simple moving average of $17.71 and a 200-day simple moving average of $21.92. The firm has a market capitalization of $341.77 million, a price-to-earnings ratio of -15.21 and a beta of 0.58. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 0.79. Midland States Bancorp has a 52-week low of $14.79 and a 52-week high of $28.08.

Midland States Bancorp Dividend Announcement

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

Analyst Upgrades and Downgrades

MSBI has been the topic of several recent research reports. Keefe, Bruyette & Woods lowered their target price on 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. StockNews.com cut Midland States Bancorp from a “buy” rating to a “hold” rating in a report on Friday, January 24th. Piper Sandler reduced their price target on Midland States Bancorp from $28.50 to $23.00 and set a “neutral” rating on the stock in a report on Tuesday, January 28th. Finally, DA Davidson dropped 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 equities research analysts have rated the stock with a hold rating, According to data from MarketBeat, Midland States Bancorp currently has a consensus rating of “Hold” and a consensus price target of $23.50.

About Midland States Bancorp

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.