earnings
confidence high
sentiment positive
materiality 0.75
Midland States Q1 net income $16.2M ($0.74 EPS), swing from prior losses
Midland States Bancorp, Inc.
2026-Q1 EPS
reported $0.74
vs consensus $0.63
▲ beat
(+16.6%)
- Net income available to common shareholders of $16.2M ($0.74 EPS) vs Q4 loss of $5.1M and Q1 2025 loss of $143.2M.
- Adjusted earnings $17.2M ($0.79 EPS); net interest margin expanded to 3.91% from 3.74% QoQ.
- Community Bank loan growth $68.8M annualized 8.3%; total loans down $13.4M on non-core runoff.
- Common equity tier 1 ratio 9.98% (approaching 10% target); $7.8M stock repurchased in Q1.
- Nonperforming assets 0.91% of total assets, down 10 bps from prior quarter; credit metrics improving.