Midland States Bancorp: Q2 Earnings Insights

Shares of Midland States Bancorp (NASDAQ: MSBI) were flat in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share were down 16.67% over the past year to $0.55, which beat the

Shares of Midland States Bancorp (NASDAQ:MSBI) rose 3.2% in after-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share were down 16.67% over the past year to $0.55, which beat the estimate of $0.34.

Revenue of $68,385,000 rose by 4.14% from the same period last year, which beat the estimate of $64,030,000.

Outlook

Earnings guidance hasn't been issued by the company for now.

View more earnings on MSBI

Midland States Bancorp hasn't issued any revenue guidance for the time being.

Recent Stock Performance

52-week high: $29.50

Company's 52-week low was at $12.49

Price action over last quarter: down 0.20%

Company Profile

Midland States Bancorp Inc operates as a bank holding company. The company, through its subsidiaries, offers banking products and services such as savings accounts, certificate of deposits, online banking, debit and credit cards, financial planning, asset management, business and personal loans, and home equity line of credit. It operates in the following segments: Banking, Commercial FHA Origination and Servicing, Wealth Management and Other.

See more from Benzinga

© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Advertisement