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home / news releases / MSBI - Midland States Bancorp: I'm Still On The Sidelines

MSBI - Midland States Bancorp: I'm Still On The Sidelines

Midland States Bancorp Inc.
  • MSBI reported a very strong net interest income and thanks to a stable net non-interest expense, its reported earnings were strong in Q1.
  • Unfortunately, the higher interest rates are having a negative impact on the securities portfolio which subsequently erodes the book value per share.
  • This, in combination with a higher amount of non-accruing loans, makes me cautious.
  • I'm on the sidelines but will be monitoring the evolution.

For further details see:

Midland States Bancorp: I'm Still On The Sidelines
Stock Information
Company Name: Midland States Bancorp Inc.
Stock Symbol: MSBI
Market: NASDAQ
Website: midlandsb.com
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