Midland States Bancorp: third-quarter net income of 22.8 million beats expectations
FROM THE WIRE · FINANCE.YAHOO.COM
EFFINGHAM, Ill. (AP) — EFFINGHAM, Ill. (AP) — Midland States Bancorp, Inc. (MSBI) on Thursday reported third-quarter net income of $22.8 million. The Effingham, Illinois-based bank said it had earnings of 95 cents per share. The results topped Wall Street expectations. The…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishEPS and net revenue above analyst estimates point to a positive reaction in the shares.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01The bank reported third-quarter net income of 22.8 million dollars.
- 02Earnings per share were 95 cents against an estimate of 90 cents.
- 03Revenue net of interest expense was 86.2 million, above expectations of 84.1 million.
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