Compared to Estimates, Midland States Bancorp (MSBI) Q4 Earnings: A Look at Key Metrics

For the quarter ended December 2024, Midland States Bancorp (MSBI) reported revenue of $75.6 million, down 3.8% over the same period last year. EPS came in at -$2.52, compared to $0.89 in the year-ago quarter.The reported revenue represents a surprise of +2.36% over the Zacks Consensus Estimate of $73.85 million. With the consensus EPS estimate being $0.70, the EPS surprise was -460.00%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.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: Efficiency Ratio: 71.4% versus the two-analyst average estimate of 62.7%. Average Interest-Earning Assets: $7.01 billion versus $7.06 billion estimated by two analysts on average. Net charge-offs to average loans: 7.2% versus 0.5% estimated by two analysts on average. Net Interest Margin: 3.2% versus the two-analyst average estimate of 3.1%. Wealth management revenue: $7.66 million compared to the $7.08 million average estimate based on two analysts. Service charges on deposit accounts: $3.51 million versus the two-analyst average estimate of $3.13 million. Net Interest Income (FTE)/Adjusted net interest income: $56.26 million versus $55.32 million estimated by two analysts on average. Residential mortgage banking revenue: $0.64 million versus the two-analyst average estimate of $0.68 million. Total Noninterest Income: $19.56 million versus the two-analyst average estimate of $18.15 million. Interchange revenue: $3.53 million versus the two-analyst average estimate of $3.78 million. View all Key Company Metrics for Midland States Bancorp here>>>Shares of Midland States Bancorp have returned -0.4% over the past month versus the Zacks S&P 500 composite's +2.7% 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.7 Best Stocks for the Next 30 DaysJust released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops."Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.1% per year. So be sure to give these hand picked 7 your immediate attention. See them now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Midland States Bancorp, Inc. (MSBI): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks