Investing.com - Midland States Banc reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Midland States Banc announced earnings per share of $1.04 on revenue of $79.85. Analysts polled by Investing.com anticipated EPS of $1.01 on revenue of $79.43M.
Midland States Banc shares are up 16% from the beginning of the year , still down 14.31% from its 52 week high of $30.60 set on Tuesday, February 8, 2022.
Midland States Banc follows other major Financial sector earnings this month
Midland States Banc's report follows an earnings beat by JPMorgan on Friday, October 14, 2022, who reported EPS of $3.12 on revenue of $32.7B, compared to forecasts EPS of $2.92 on revenue of $32.13B.
Bank of America had beat expectations on Monday with third quarter EPS of $0.81 on revenue of $24.5B, compared to forecast for EPS of $0.78 on revenue of $23.56B.
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