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Midland States Bancorp: Q1 Earnings Snapshot

EFFINGHAM, Ill. (AP) — EFFINGHAM, Ill. (AP) — Midland States Bancorp, Inc. (MSBI) on Thursday reported first-quarter earnings of $18.5 million.

The Effingham, Illinois-based bank said it had earnings of 74 cents per share. Earnings, adjusted for non-recurring costs, came to 79 cents per share.

The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 60 cents per share.

The company posted revenue of $108.1 million in the period. Its revenue net of interest expense was $79.5 million, also exceeding Street forecasts. Three analysts surveyed by Zacks expected $75.5 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MSBI at https://www.zacks.com/ap/MSBI

ING: Q2 Earnings Snapshot

AMSTERDAM (AP) — AMSTERDAM (AP) — ING Groep NV (ING) on Thursday reported net income of $2.26 billion in its second quarter. The Amsterdam-based bank said it had earnings of 79 cents per share. The financial services provider posted revenue of $7.31 billion in the period. Its revenue net of interest expense was $7.31 billion, surpassing Street forecasts. _____
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