Midland States Bancorp (MSBI) Tops Q3 EPS by 1c

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Midland States Bancorp, Inc. Announces 2023 Third Quarter Results

October 26, 2023 4:30 PM EDT

Third Quarter 2023 Highlights:

Net income available to common shareholders of $15.8 million, or $0.71 per diluted shareAdjusted earnings per diluted share of $0.78 reflects impact of balance sheet repositioning that is expected to be accretive to earnings prospectivelyCommon equity tier 1 capital ratio improved to 8.16%Efficiency ratio of 55.8% compared to... More