We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Midland States Bancorp (MSBI) Reports Q1 Earnings: What Key Metrics Have to Say
Read MoreHide Full Article
For the quarter ended March 2026, Midland States Bancorp (MSBI - Free Report) 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.
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 that it could perform in line with the broader market in the near term.
Zacks' 7 Best Strong Buy Stocks (New Research Report)
Valued at $99, click below to receive our just-released report
predicting the 7 stocks that will soar highest in the coming month.
View the Zacks #1 Rank List
Image: Bigstock
Midland States Bancorp (MSBI) Reports Q1 Earnings: What Key Metrics Have to Say
For the quarter ended March 2026, Midland States Bancorp (MSBI - Free Report) 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: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 that it could perform in line with the broader market in the near term.