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Midland States Bancorp: 4Q Earnings Snapshot

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EFFINGHAM, Ill. (AP) _ Midland States Bancorp, Inc. (MSBI) on Thursday reported fourth-quarter earnings of $8.3 million.

The bank, based in Effingham, Illinois, said it had earnings of 36 cents per share. Earnings, adjusted for non-recurring costs, were 54 cents per share.

The company posted revenue of $77 million in the period. Its revenue net of interest expense was $67.9 million, which did not meet Street forecasts.

For the year, the company reported profit of $22.5 million, or 95 cents per share. Revenue was reported as $260.4 million.

Midland States Bancorp shares have climbed 3.5% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $18.49, a decrease of 31% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MSBI at https://www.zacks.com/ap/MSBI