Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these stocks. Zacks has developed the inn ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Title of each class Trading symbol(s) Name of each exchange on which registered Common stock, $0.01 par value MSBI The Nasdaq Stock Market LLC Depositary Shares, each representing a 1/40th interest in a share of 7.75% fixed rate reset non-cumulative perpetual preferred stock, Series A MSBIP The Nasdaq Stock Market LLC FORM 10-Q ☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly per ...

EFFINGHAM, Ill., Aug. 06, 2024 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that its Board of Directors declared a quarterly cash dividend of $0.31 per share of its common stock. The dividend is payable on August 23, 2024 to all shareholders of record as of the close of business on August 16, 2024. The Board of Directors also declared a cash dividend of $0.4844 per depository share on its 7.75% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series A. The divide ...

The reported revenue represents a surprise of -2.93% over the Zacks Consensus Estimate of $74.9 million. With the consensus EPS estimate being $0.72, the EPS surprise was -72.22%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health. Here is how Midland States Bancorp performed in the just reported quarter in terms of the met ...

This quarterly report represents an earnings surprise of -72.22%. A quarter ago, it was expected that this company would post earnings of $0.71 per share when it actually produced earnings of $0.53, delivering a surprise of -25.35%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earni ...

EXHIBIT 99.1 Midland States Bancorp, Inc. Announces 2024 Second Quarter Results • Net income available to common shareholders of $4.5 million, or $0.20 per diluted share • Tangible book value per share decreased to $23.36, compared to $23.44 at March 31, 2024 • Net interest margin of 3.12%, compared to 3.18% in prior quarter Effingham, IL, July 25, 2024 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (Nasdaq: MSBI) (the "Company") today reported net income available to common shareholders of $4.5 million, ...

ATLANTA, July 15, 2024 /PRNewswire/ -- Transend, the first B2B private-label working capital solution that is redefining how suppliers do business with their commercial customers, today announced its strategic partnership with Midland States Bank, a subsidiary of Midland States Bancorp, Inc. (NASDAQ: MSBI). Through this partnership, Transend and Midland will take an innovative approach to traditional financing, offering dynamic payment solutions that empower suppliers to offer instant access to working capi ...

Washington, D.C. 20549 FORM 10-Q ☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______________ to _______________ Commission File Number 001-35272 MIDLAND STATES BANCORP, INC. UNITED STATES SECURITIES AND EXCHANGE COMMISSION (Exact name of registrant as specified in its charter) (State of other jurisdi ...

EFFINGHAM, Ill., May 07, 2024 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ:MSBI) announced today that its Board of Directors has appointed Travis Franklin to its Board, effective May 7, 2024. Mr. Franklin has been appointed to the Board of Midland States Bank, the Company's wholly-owned Illinois bank subsidiary. Mr. Franklin currently serves as Executive Vice President and Chief Financial Officer of Heartland Dental, LLC, a leading dental support organization that provides operational support to ...

Midland States Bancorp (MSBI) reported $77.11 million in revenue for the quarter ended March 2024, representing a year-over-year increase of 1.1%. EPS of $0.53 for the same period compares to $0.88 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $75.05 million, representing a surprise of +2.74%. The company delivered an EPS surprise of -25.35%, with the consensus EPS estimate being $0.71.While investors scrutinize revenue and earnings changes year-over-year and how they compare w ...