Midland States Bancorp: Q2 Earnings Snapshot

EFFINGHAM, Ill. (AP) — EFFINGHAM, Ill. (AP) — Midland States Bancorp, Inc. (MSBI) on Thursday reported second-quarter earnings of $19.9 million.

The bank, based in Effingham, Illinois, said it had earnings of 82 cents per share.

The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 78 cents per share.

The company posted revenue of $111.9 million in the period. Its revenue net of interest expense was $83.4 million, which also topped Street forecasts.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MSBI at https://www.zacks.com/ap/MSBI