Midland States Bancorp, Inc. (NASDAQ: MSBI) Financial Performance Analysis

Core Insights - Midland States Bancorp, Inc. (MSBI) reported an earnings per share (EPS) of -$0.24, missing the estimated EPS of $0.70, indicating ongoing financial challenges [2][6] - The company generated revenue of approximately $85.79 million, exceeding the estimated revenue of about $73.64 million, representing a 13.2% year-over-year increase [3][6] - Despite losses, MSBI's adjusted earnings and revenue growth suggest potential for recovery, with a price-to-sales ratio of about 0.98 and an enterprise value to sales ratio of 2.11 [5][6] Financial Performance - The fourth quarter of 2025 was impacted by a $21.4 million loss from the sale of its equipment finance portfolio and a $1.6 million loss from a small consumer loan portfolio sale [4] - Excluding these transactions, adjusted earnings available to common shareholders were $11.9 million, or $0.53 per diluted share, showing significant improvement from the previous year's loss [4] Financial Ratios - MSBI has a negative price-to-earnings (P/E) ratio of approximately -4.30 and a negative earnings yield of -23.23%, indicating current losses [5] - The company's market value is close to its sales, as indicated by its price-to-sales ratio of about 0.98 and enterprise value to sales ratio of 2.11, suggesting potential for recovery [5][6]