Midland States Bancorp Inc. Reports Q1 2025 Net Income of $14.8M, EPS at $0.57

Reuters
07-10
<a href="https://laohu8.com/S/MSBIP">Midland States Bancorp Inc</a>. Reports Q1 2025 Net Income of $14.8M, EPS at $0.57

Midland States Bancorp Inc. has released its consolidated financial summary for the period ending March 31, 2025. The company reported a total noninterest expense of $48.9 million. Income before income taxes was recorded at $18.8 million, with an income tax expense of $4.0 million, leading to a net income of $14.8 million. After accounting for preferred stock dividends of $2.2 million, net income available to common shareholders stood at $12.6 million. Basic and diluted earnings per common share were both reported at $0.57. The loan portfolio mix as of March 31, 2025, included commercial loans totaling $869 million, equipment finance loans amounting to $390.3 million, and equipment finance leases valued at $373.2 million, leading to a total of $1.63 billion in commercial loans and leases. Additionally, the commercial real estate portfolio was valued at $2.59 billion, with construction and land development loans at $265 million and residential real estate at $373.1 million. No specific guidance or outlook regarding future performance or anticipated levels of noninterest income and operating expenses was detailed in the current report.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Midland States Bancorp Inc. published the original content used to generate this news brief on July 09, 2025, and is solely responsible for the information contained therein.

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