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Stock impact report

Midland States Bancorp, Inc. Announces 2019 First Quarter Results

Midland States Bancorp, Inc. (MSBI) 
Last midland states bancorp, inc. earnings: 4/23 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.midlandsb.com
Company Research Source: GlobeNewswire
Highlights Net income of $14.0 million, or $0.57 diluted earnings per shareBook value per share increased 2.3% to $26.08Tangible book value per share increased 4.0% to $17.68Definitive agreement to acquire HomeStar Financial Group, Inc. announced on April 2, 2019 EFFINGHAM, Ill., April 25, 2019 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (Nasdaq: MSBI) (the “Company”) today reported net income of $14.0 million, or $0.57 diluted earnings per share, for the first quarter of 2019.  This compares to net income of $16.3 million, or $0.67 diluted earnings per share, for the fourth quarter of 2018, and net income of $1.8 million, or $0.08 diluted earnings per share, for the first quarter of 2018, which included $11.9 million in integration and acquisition expenses. Jeffrey G. Ludwig, President and Chief Executive Officer of the Company, said, “Our first quarter performance reflects our focus on prudently managing our balance sheet to protect our net interest margin, growing our equ Show less Read more
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