Midland States Bancorp Inc

MSBI remains in a Stage 2 advancing regime with a dominant higher highs/higher lows structure and rising EMAs confirming medium-term bullish permission. However, price is currently extended above the 9- and 20-day EMAs and RSI is elevated, making immediate entries unfavorable. Execution is deferred to shallow pullbacks into the confluence zone around the rising short-term EMAs near prior support.

• ↑Q4 net income $29.7M; EPS rose to $1.30 from $0.97.
• ↑Total loans +$108M (7% annualized), driven by St. Louis and E. Illinois.
• ↓Profitability under scrutiny: ROAA at 1.31% trails peers.