MainSource Financial Group (NASDAQ:MSFG) is set to post its quarterly earnings results on Tuesday, January 23rd. Analysts expect MainSource Financial Group to post earnings of $0.57 per share for the quarter.
MainSource Financial Group (NASDAQ:MSFG) last posted its quarterly earnings results on Wednesday, October 25th. The financial services provider reported $0.54 EPS for the quarter, missing the consensus estimate of $0.55 by ($0.01). MainSource Financial Group had a net margin of 21.86% and a return on equity of 10.65%. The business had revenue of $50.43 million during the quarter, compared to analysts’ expectations of $54.10 million. On average, analysts expect MainSource Financial Group to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.
Shares of MainSource Financial Group (MSFG) opened at $38.97 on Tuesday. The company has a debt-to-equity ratio of 1.20, a quick ratio of 0.92 and a current ratio of 0.93. MainSource Financial Group has a 12 month low of $30.82 and a 12 month high of $40.67. The stock has a market cap of $996.95, a PE ratio of 21.89 and a beta of 0.93.
MSFG has been the topic of several recent analyst reports. Keefe, Bruyette & Woods reissued a “hold” rating and set a $40.00 target price on shares of MainSource Financial Group in a research note on Wednesday, November 1st. BidaskClub lowered shares of MainSource Financial Group from a “buy” rating to a “hold” rating in a research note on Friday, December 22nd. Finally, Zacks Investment Research raised shares of MainSource Financial Group from a “hold” rating to a “strong-buy” rating and set a $43.00 target price on the stock in a research note on Saturday, December 30th.
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About MainSource Financial Group
MainSource Financial Group, Inc is a bank holding company. The Company operates a banking subsidiary, MainSource Bank (the Bank), an Indiana state-chartered bank. Through the Bank, the Company offers a range of financial services, including accepting time and transaction deposits; making consumer, commercial, agribusiness and real estate mortgage loans; renting safe deposit facilities; providing personal and corporate trust services, and providing other corporate services, such as letters of credit and repurchase agreements.
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