NASDAQ$MSBI
Midland States Bancorp Inc · Q1 2021 earnings
Q1 2021 earnings · · Investor relations
Briefing
Midland States Bancorp, Inc. reported a significant increase in profitability due to increased efficiencies and business model optimization.
Midland States Bancorp reported a net income of $18.5 million, or $0.81 diluted earnings per share, for the first quarter of 2021. The company saw improvements in performance metrics and capital ratios, and announced the acquisition of ATG Trust Company. Total loans outstanding were $4.91 billion, and total deposits were $5.34 billion.
- Net income for Q1 2021 was $18.5 million, or $0.81 diluted earnings per share.
- Net interest margin for Q1 2021 was 3.45%.
- Noninterest income for Q1 2021 was $14.8 million.
- Total loans outstanding at the end of Q1 2021 were $4.91 billion.
Headline financials
Revenue & EPS history
Midland States · Revenue · Quarterly
$66.7M
Revenue by segment
Midland States · $15.1M total across 4 segments · Q3 2023
- Wealth Management Revenue$6.29M—41.7%
- Interchange Revenue$3.61M—23.9%
- Service Charges on Deposit Accounts$3.15M—20.9%
- Other Income$2.04M—13.5%
Forward guidance
The company anticipates stronger loan production and loan growth throughout the year, which should enable additional operating leverage and further improvement in profitability.
Tailwinds
- Improving economic conditions in the company's markets.
- Growing loan pipeline.
- Stronger loan production and loan growth expected.
- Redeployment of excess liquidity into higher yielding assets.
- Potential for additional operating leverage and improved profitability.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2021
-1.6%
Avg return
Earnings day
-0.9%
Avg return
5 days after
+0.8%
Avg return
30 days after
30%
14 / 46 earnings
Positive
+9.1%
Q3 2015
Best reaction
-20.0%
Q4 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +1.5% | +9.5% | +18.1% | |
| Q4 2025 | -4.3% | -5.2% | -1.9% | |
| Q3 2025 | -0.2% | -0.5% | +1.5% | |
| Q2 2025 | -3.5% | -3.5% | -0.7% | |
| Q1 2025 | -0.3% | -5.6% | -8.3% | |
| Q4 2024 | -20.0% | -21.3% | -23.3% | |
| Q3 2024 | +1.9% | +6.2% | +18.1% | |
| Q2 2024 | -5.8% | -8.2% | -9.6% | |
| Q1 2024 | -8.1% | -10.0% | -6.2% | |
| Q4 2023 | -0.2% | +2.4% | -10.1% | |
| Q3 2023 | +0.6% | +7.4% | +14.5% | |
| Q2 2023 | +1.8% | +0.3% | -6.8% | |
| Q1 2023 | +3.8% | -0.6% | +4.3% | |
| Q4 2022 | -9.7% | -4.2% | -2.0% | |
| Q3 2022 | +0.9% | +4.2% | -0.7% | |
| Q2 2022 | -2.1% | -1.9% | -1.0% | |
| Q1 2022 | -1.1% | -0.6% | -1.2% | |
| Q4 2021 | -0.4% | +4.8% | +7.1% | |
| Q3 2021 | +0.3% | -2.7% | -5.0% | |
| Q2 2021 | -6.8% | -5.8% | -1.8% | |
| Q1 2021 | -0.8% | -0.9% | -2.8% | |
| Q4 2020 | -0.4% | +3.0% | +32.7% | |
| Q3 2020 | -1.2% | -4.6% | -0.5% | |
| Q2 2020 | +3.1% | +1.4% | -0.9% | |
| Q1 2020 | -1.7% | +6.2% | -3.4% | |
| Q4 2019 | -2.1% | -3.4% | -3.4% | |
| Q3 2019 | -1.4% | +1.3% | +4.9% | |
| Q2 2019 | +0.5% | +2.6% | -4.2% | |
| Q1 2019 | +2.7% | +0.8% | -4.0% | |
| Q4 2018 | -0.6% | +3.0% | +9.4% | |
| Q3 2018 | -2.5% | +1.7% | -3.2% | |
| Q2 2018 | -2.2% | -4.1% | -0.5% | |
| Q1 2018 | -1.3% | -1.4% | +2.3% | |
| Q4 2017 | -5.2% | -4.6% | -7.2% | |
| Q3 2017 | -8.8% | -8.9% | -12.1% | |
| Q2 2017 | -4.0% | -4.8% | -11.2% | |
| Q1 2016 | -0.0% | +0.1% | -1.0% | |
| Q1 2017 | +1.9% | +2.9% | +1.3% | |
| Q1 2015 | -1.4% | -2.0% | -4.3% | |
| Q4 2014 | -1.4% | -2.0% | -4.3% | |
| Q4 2015 | -1.4% | -2.0% | -4.3% | |
| Q4 2016 | -2.1% | -2.6% | +1.4% | |
| Q3 2015 | +9.1% | +13.1% | +29.6% | |
| Q3 2016 | -2.0% | -3.6% | +20.8% | |
| Q2 2015 | +1.2% | +2.7% | +7.5% | |
| Q2 2016 | +2.3% | +1.7% | +9.2% | |
| Q3 2014 | — | — | — | |
| Q2 2014 | — | — | — | |
| Q1 2014 | — | — | — | |
| Q4 2013 | — | — | — | |
| Q3 2013 | — | — | — | |
| Q2 2013 | — | — | — | |
| Q1 2013 | — | — | — | |
| Q4 2012 | — | — | — | |
| Q1 2011 | — | — | — | |
| Q1 2010 | — | — | — |
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