What Analyst Projections for Key Metrics Reveal About Midland States Bancorp (MSBI) Q4 Earnings

Core Viewpoint - Analysts forecast that Midland States Bancorp (MSBI) will report quarterly earnings of $0.70 per share, reflecting a year-over-year increase of 127.8%, with anticipated revenues of $78.5 million, an increase of 3.8% compared to the previous year [1]. Earnings Estimates - The consensus EPS estimate has been revised 4% higher over the last 30 days, indicating a collective reevaluation by analysts [2]. - Revisions to earnings estimates are crucial indicators for predicting investor actions regarding the stock, with empirical research showing a strong correlation between earnings estimate trends and short-term price performance [3]. Key Metrics Forecast - Analysts expect 'Net Interest Margin' to be 3.7%, up from 3.2% in the same quarter last year [5]. - 'Net charge-offs to average loans' is forecasted to reach 3.0%, a significant decrease from 7.2% reported in the same quarter last year [5]. - The 'Efficiency Ratio' is expected to be 62.6%, down from 71.4% a year ago [5]. Financial Performance Indicators - The estimated 'Average Balance - Total interest-earning assets' is $6.27 billion, compared to $7.01 billion a year ago [6]. - 'Wealth management revenue' is projected to be $8.05 million, up from $7.66 million in the same quarter last year [6]. - 'Net Interest Income (FTE)/Adjusted net interest income' is expected to reach $58.03 million, compared to $56.26 million a year ago [7]. - 'Total Noninterest Income' is forecasted at $20.08 million, up from $19.56 million in the previous year [7]. Additional Revenue Estimates - 'Service charges on deposit accounts' are expected to be $3.83 million, compared to $3.51 million in the same quarter last year [8]. - The consensus estimate for 'Interchange revenue' stands at $3.23 million, down from $3.53 million a year ago [8]. Market Performance - Over the past month, Midland States Bancorp shares have recorded returns of +3.7%, while the Zacks S&P 500 composite has seen a -0.4% change, indicating potential outperformance in the upcoming period [8].