For the quarter ended March 2026, Midland States Bancorp (MSBI) reported revenue of $79.54 million, up 4.7% over the same period last year. EPS came in at $0.79, compared to $0.57 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $75.49 million, representing a surprise of +5.36%. The company delivered an EPS surprise of +32.77%, with the consensus EPS estimate being $0.60.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Midland States Bancorp performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Net Interest Margin: 3.9% versus the three-analyst average estimate of 3.8%. Net charge-offs to average loans (annualized): 0.6% versus the three-analyst average estimate of 0.6%. Efficiency Ratio: 62.2% versus 67.1% estimated by three analysts on average. Average Balance - Total interest-earning assets: $5.97 billion versus the three-analyst average estimate of $5.98 billion. Residential mortgage banking revenue: $0.63 million compared to the $0.76 million average estimate based on three analysts. Wealth management revenue: $8.25 million versus $7.99 million estimated by three analysts on average. Net Interest Income (FTE)/Adjusted net interest income: $57.64 million versus the three-analyst average estimate of $55.41 million. Total Noninterest Income: $22.12 million compared to the $20.13 million average estimate based on three analysts. Service charges on deposit accounts: $3.36 million versus the three-analyst average estimate of $3.64 million. Interchange revenue: $3.53 million compared to the $3.21 million average estimate based on three analysts.View all Key Company Metrics for Midland States Bancorp here>>>
Shares of Midland States Bancorp have returned +5.7% over the past month versus the Zacks S&P 500 composite's +9.7% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.Zacks' Research Chief Names "Stock Most Likely to Double"
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Midland States Bancorp, Inc. (MSBI): Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).