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MSBIBearishEarningsnews
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Midland States Bancorp (MSBI) Lags Q1 Earnings Estimates

Apr 25, 2024, 7:13 PM EDT1 sourcesAI-analyzed

AI summary

What happened, with direct paths to the underlying reporting

- Midland States Bancorp reported Q1 earnings of $0.53/share, missing estimates and down from $0.88/share last year. - Revenues for the quarter were $77.11 million, beating estimates by 2.74%. - MSBI stock down 11.7% YTD compared to S&P 500's 6.3% gain. - Price Impact Rating: Bearish - Impact Horizon Rating: Short-term - Type: Earnings

  • Midland States Bancorp reported Q1 earnings of $0.53/share, missing estimates and down from $0.88/share last year.
  • Revenues for the quarter were $77.11 million, beating estimates by 2.74%.
  • MSBI stock down 11.7% YTD compared to S&P 500's 6.3% gain.

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