Midland States Bancorp announced its financial results for the fourth quarter of 2024 on January 23, 2025. Among other items, the Company reported a loss of $2.52 per diluted share, falling short of the Zacks Consensus Estimate of $0.70 and representing a significant year-over-year decline from earnings of $0.89 per share in the fourth quarter of 2023.
Following this news, Midland States Bancorp's stock price fell over 20% on January 24, 2025.
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